If you look, gas prices always have 3 digits after the whole dollar price like, for example, 2.889 what is that extra 9 really good for?
2007-08-30 04:01:54 · 2 answers · asked by cardinals_man 4 in Cars & Transportation ➔ Other - Cars & Transportation
Really it's just marketing. To make you think you're paying $2.88 when in reality you're playing pretty much $2.89.
Same reason why stores typically advertise stuff at $2.99 rather than $3.00. It's a marketing thing. It makes people feel they are paying closer to $2 than $3.
2007-08-30 04:08:25 · answer #1 · answered by hsueh010 7 · 2⤊ 0⤋
Consumer protection laws allow the dealer to post prices that way, with the "9" one-quarter the size of the other digits. So what registers to the eye as you drive by is "2.25" not "2.259." The dealer gets almost 1 cent per gallon more. An excuse they use is that taxes are frequently extended to tenths of a cent. It's like a car dealer advertising a vehicle for $19,999.
fsma
2007-08-30 11:14:21 · answer #2 · answered by Anonymous · 0⤊ 0⤋