Q. Honk: Why is gasoline sold for a fraction of a penny when 100% of people can’t change it for 9/10 cents? Prices are rounded off unless purchased in units of 10 gallons. You can’t use fractions to buy a gallon of milk!
– Dennis Crane, Costa Mesa
A. “It started in the 10s when the gas was nickel,” he said. Ed JacobsenAlso known as Jake the Oil GuyOf course, it refers to the last century. “It started with taxes from various entities.”
He said the gas station at the time thought “it wouldn’t eat” and just passed the tax on to the customer.
Jake Oil Guy knows.
He once owned six gas stations and is now North Woods Petroleum Museum, 2 miles north of Three Lakes, Wisconsin. In Wisconsin, you’re free to roam over 4,000 pieces, including old-fashioned petrol pumps and billboards.
It’s more clear these days why gas is, for example, $ 3.999.
“It’s a marketing strategy, there’s no doubt about it,” he said.
Honk and Jake the Oil Guy were amazed during the chat that most drivers probably recognized it. Still, I actually saw the $ 4 sign and thought the cost was more attractive at $ 3.99.
At the time, Jake the Oil Guy had to mess with the charts to calculate the cost, unlike today when gas station clerk is willing to calculate, even at 9/10. Said.
Hongk dusted the abacus and did some math himself.
Last year, 123 billion gallons of motor gasoline were consumed in the United States, according to the Energy Information Administration.
At 9/10 cents per gallon, the additional revenue from the gas station is $ 1.1 billion.
Q. I’m buying a 2021 car, but it hasn’t been here for months. When the dealer receives my car and I own it, can I immediately install the existing personalized legacy plate? It’s from another car I recently sold. I kept my personalized plate, but it was no longer registered in November 2021. Or do I have to first hold the dealer’s temporary plate, wait for the dealer to install the permanent plate I ordered to arrive, and finally replace it? Would you like to put them out for my legacy plate? Hmm, that sounds complicated.
– Yorba Linda, Donna Davis
A. The small hair that Hongk has been playing sports lately can sometimes look a bit like Einstein. So he can deal with complex problems and help you, Donna.
Having thought about this in advance, you should be able to complete the paperwork in time to hit your personalized plate against your new vehicle before kicking it out of the lot.
The Legacy Plate is a license plate with a nice yellow lettering on the road on a black background for those unfamiliar with the term, copied from the one used in California in the 1960s. The style.
Nicholas PhillipasA spokesman for the Automobile Department in Sacramento said he had to fill out sections 1, 4, 5 and 6 of the special interest number plate application. Google for the title of the document and download it from the DMV website.
It costs $ 15 to submit the application and $ 103 to transfer the plate to a new car.
Ask the dealer to help you.
“The dealer can handle this request at the time of registration,” he said.
Real Money Facts: Residential development parking lots in Hong Kong sold for $ 1.3 million. Bloomberg.com report.
To ask Honk, please contact him at honk @ ocregister.com. He answers only what is public. To view Honk online: ocregister.com/tag/honk. Twitter: @OCRegisterHonk
Ever wonder when stations started adding fractions to the price of gas? – Orange County Register Source link Ever wonder when stations started adding fractions to the price of gas? – Orange County Register