To: kellynla
"Even at $3.59, I was making 15 cents, but I was still giving 10 of those cents to MasterCard," he said. So cut the price 15 cents a gallon for cash purchases. Sales will increase, it'll put pressure on MC, and the increased cash sales might have {cough, cough} positive tax benefits.
7 posted on
05/24/2007 5:56:43 AM PDT by
Uncledave
To: Uncledave
So cut the price 15 cents a gallon for cash purchases. Offering discounts for cash purchases violates oil company franchisee agreements and, in some cases, state law.
11 posted on
05/24/2007 5:59:05 AM PDT by
Oberon
(What does it take to make government shrink?)
To: Uncledave
MC doesn’t work that way. They get a flat rate right off the top. He cuts prices by 15 cents, and MC still gets their cut. He’ll end up losing money even more.
14 posted on
05/24/2007 6:03:52 AM PDT by
ShadowAce
(Linux -- The Ultimate Windows Service Pack)
To: Uncledave
—yep—as I have been known to say when tipping in cash, “let your conscience be your guide”—
21 posted on
05/24/2007 6:10:11 AM PDT by
rellimpank
(-don't believe anything the MSM states about firearms or explosives--NRA Benefactor)
To: Uncledave
if I’m not mistaken, a guy in Wisconsin(?) tried that. he cut his prices by .03 per gallon for seniors and was ORDERED by shell to raise his price to 9.2% above wholesale, NO discounts available. I believe he also stopped selling gas..
24 posted on
05/24/2007 6:16:09 AM PDT by
GeorgiaDawg32
(Every Democrat Party cause eventually becomes a business then it degenerates into a racket.)
To: Uncledave
So cut the price 15 cents a gallon for cash purchases.A Chevron station in Sunnyvale has started to do that. Last time I checked they were $3.44 and offering 9c/gallon discount for cash, which put them at $3.35, only 2c above the very lowest price (Arco) in the area. That's the only station I've seen though.
31 posted on
05/24/2007 6:23:06 AM PDT by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
To: Uncledave
So cut the price 15 cents a gallon for cash purchases. Sales will increase, it'll put pressure on MC, and the increased cash sales might have {cough, cough} positive tax benefits.In many states, the socialsts will put you in jail for that. Why do you think Exxon stopped doing cash pricing?
47 posted on
05/24/2007 7:24:05 AM PDT by
zeugma
(MS Vista has detected your mouse has moved, Cancel or Allow?)
To: Uncledave
Most credit card companies require you to charge the same price cash or credit. If you as a credit customer see someone offer a discount for cash, you can call the credit card company and they will have a talk with the merhcant. Technically/contractually if they want to take credit cards they have to keep prices the same between cash & credit. Also (although I see this done quite a bit) I believe most credit card companies don’t like minimum charge amounts.
54 posted on
05/24/2007 7:36:39 AM PDT by
RC30
To: Uncledave
Pay $3.44/gallon and sell it at $3.44/gallon; going to take a lot of volume.
57 posted on
05/24/2007 7:43:01 AM PDT by
Old Professer
(The critic writes with rapier pen, dips it twice, and writes again.)
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