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08-11-2019, 07:16 PM
#1281
That Sharetank thing
We’ll be a starter as nearest / usual Z’s are always most expensive in town.
Today cheapest within 30km is 212.9 and local is 235.9 ....23 cent difference.
Makes you wonder if this fantastic scheme is a race to the bottom ..or something like that.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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09-11-2019, 08:31 PM
#1282
 Originally Posted by peat
but um yeh the shared tank thing is why I comment.
I'm going to investigate coz my mate has a rotor and you know what they're like for fuel.
Ah...missed that. As we don’t have a Z handy up here I don’t really pay attention at all.
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10-11-2019, 09:01 AM
#1283
Originally Posted by winner69
That Sharetank thing
We’ll be a starter as nearest / usual Z’s are always most expensive in town.
Today cheapest within 30km is 212.9 and local is 235.9 ....23 cent difference.
Makes you wonder if this fantastic scheme is a race to the bottom ..or something like that.
Already they are right at the bottom of their forecast range and this assumes the same level of competitive discounting for the rest of the year as experienced in the first half.
My sense here is this moves the discounting model even further. Shooting themselves in the foot ?
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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10-11-2019, 10:56 AM
#1284
Member
Originally Posted by winner69
That Sharetank thing
We’ll be a starter as nearest / usual Z’s are always most expensive in town.
Today cheapest within 30km is 212.9 and local is 235.9 ....23 cent difference.
Makes you wonder if this fantastic scheme is a race to the bottom ..or something like that.
It probably will build loyalty towards Z though, even among some people who like to shop around for the lowest prices (I.e., they might stay with Z on sharetank rather than physically driving to a Gull in their area that is a few cents cheaper than the cheapest Z offer on sharetank.) It also is marketed at small businesses and families who can hedge their fuel bills - not so much to pick the fuel price but to help with monthly budgeting and so forth.
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10-11-2019, 11:26 AM
#1285
mmmh, this sharetank app is good as far as can make out so far. Z scans the cheapest available offer of 95, which is right now 2.359. Taking 10c discount off = 2.259. Cheapest Gull in my area is 2.30 for 98 (which I prefer; but maybe does not make much difference and is more psych stuff).
Looks promising and would make Z competitive, cheaper than Gull
...like trading fuel futures...that's a bit of exciting news in the petrol station world.
Last edited by ananda77; 10-11-2019 at 11:32 AM.
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10-11-2019, 02:00 PM
#1286
Probably pay to follow whatever octane rating the manufacturer recommends for your engine, so will make sharing a bit harder but yes the futures and location thing is interesting as you can buy up to 1000 litres at a time. I see Z are very careful not to market this as a way around the Auckland regional fuel tax but with the ability for motorists to buy up to 1,000 liters pre-paid from one region and use it anywhere...I think one of its advantages is plain for all Auckland motorists to see.
https://sharetank.co.nz/#buy-your-way
Probably a cunning plan and will gain them back a small amount of much needed market share.
How many Auckland motorists are suddenly going to find an excuse to visit Hamilton and husband and wife, (by some remarkable coincidence lol), decide to buy 1,000 litres of fuel prepaid each, while they are there ?
Last edited by Beagle; 10-11-2019 at 02:43 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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10-11-2019, 05:05 PM
#1287
Originally Posted by Beagle
Probably pay to follow whatever octane rating the manufacturer recommends for your engine, so will make sharing a bit harder but yes the futures and location thing is interesting as you can buy up to 1000 litres at a time. I see Z are very careful not to market this as a way around the Auckland regional fuel tax but with the ability for motorists to buy up to 1,000 liters pre-paid from one region and use it anywhere...I think one of its advantages is plain for all Auckland motorists to see.
https://sharetank.co.nz/#buy-your-way
Probably a cunning plan and will gain them back a small amount of much needed market share.
How many Auckland motorists are suddenly going to find an excuse to visit Hamilton and husband and wife, (by some remarkable coincidence lol), decide to buy 1,000 litres of fuel prepaid each, while they are there ?
Totally correct. The 1000ltr option is a real winner (I mean someone shares paid storage for you???...something unheard of apart from 15 GB Google Drive storage), but would preferably only use the full fill potential in connection with a crude crash. Otherwise, 2 or 3 tank loads,while in Napier or anywhere else in country-NZ.
Last edited by ananda77; 10-11-2019 at 05:08 PM.
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10-11-2019, 05:12 PM
#1288
btw, I never have Z considered to fill up, but with this brilliant sharetank idea, I am now a good friend. Tomorrow, will buy another small share parcel..
Last edited by ananda77; 10-11-2019 at 05:13 PM.
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10-11-2019, 05:24 PM
#1289
The 1000ltr. option is exiting indeed not only in case of a crude crash. IF, you have the cash, invest it at 10% for 6 month, charge your gemvisa interest free for 6 month for the fuel and pocket the profit (Z-YUM)
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10-11-2019, 05:48 PM
#1290
This seems like a lot less interesting version of buying 3 beers for the price of 2 and 'parking' 1 or 2 of them for your next visit.
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