We are excited to see so many new users interested in discount gas prices. A couple of bidding tips for our “newbies”. We have recently added a new a new auction for beginners. You will see this auction highlighted in yellow on the Auction page. Users who have won an auction are not able to bid on beginner auctions, so we are excited for all users to have more opportunities to experience the deep discounted gas prices at Rexoco.com.
A few bid tips to keep in mind:
- The deeper the discounted gas price, the greater the competition.
- You can increase your bid increment by one, three or five cents. All bids, no matter how much you want to increase the price, use only one bid credit. Higher bid increments may deter other bidders.
- You never lose with the “Buy It Now” feature. “Buy it Now” allows users to apply bid credits spent on an auction that you did not win and apply them toward the purchase of a $50.00 Conoco or Shell gas card. The Buy It Now feature means that your Rexoco.com bids are never lost, and always contributing to future fuel purchases.
We welcome any bidding tips from our experienced winners! We have calculated users who have saved over $4,000 with their Rexoco.com discounted gas prices and low price Conoco and Shell gas cards.
“Fuel up Friday” successfully revved up users with deep gasoline discounts for the weekend!
We hope you heard about our “Fuel up Friday” promotion through email, social media or your favorite local Rexoco.com Redemption Location. On September 27th, we hosted our first version of an online happy hour providing extreme discounts on gas.
While we didn’t serve up the drinks, we did provide the savings for users to do something special over the weekend. The first half hour of the auction provided the opportunity for users to stock up on their bid credits with over 30 auctions providing more than 50% off of bid packages for the bonanza. After users stocked up on their bid credits, it was a bidding frenzy for the next hour with over 30 auctions for deep discounted gas prices. In addition to discounted gas prices, auctions for Conoco and Shell gas cards at more than a 70% savings were on fire! Big winners of the night:
- Peggyj122357 winner of the greatest savings on a gas card paying only $5.57 for a $50 Shell gas card.
- Candy SM won the greatest gas discount, $1.59 per gallon.
- Snowblower walked away with a discount gas price of A PENNY PER GALLON winning our reverse auction.
Watch for future online events and please share your discounted gas savings stories with us! We have heard of families able to buy more groceries and back to school shoes with their gas savings. Rexoco.com truly is dedicated to driving down Denver gas prices, and nothing makes us happier than knowing that the program is working through your gas savings stories!
The New Rexoco.com
The Rexoco Team has been working hard over the past several months to upgrade the Rexoco.com website in order to improve many features that will make the experience at Rexoco.com even better. As you may know, it often takes time to complete great things, and that time is finally here! The new and improved Rexoco.com has been launched! The first thing that you will probably notice is how attractive the new Rexoco.com is and how much easier it is to use. You will also notice two new helpful and interesting features on the bottom of the auction home page. You will now see the top 10 Rexoco.com auction winners for the month. In addition to this, you will also be able to see a continuously updated total at the top of the homepage with the overall total of how much Rexoco.com has saved drivers in Colorado since the beginning of Rexoco.com in 2012. We have also added a gas price map powered by GasBuddy.com that shows current gas pricing for regular unleaded gasoline in the Denver Metro area. This map makes it easier to see that you are indeed getting the best deals on your gas purchases at Rexoco.com!
Another interesting feature that we have added is a discount price increase of 1/10th of a penny as opposed to the regular penny increase in some auctions with every bid placed in that auction.
You are sure to love the new “Buy it Now” Feature – This is the newest feature we have added to the Rexoco.com website. This is our version of money back guarantee on selected auctions. We are giving auction participants the opportunity to use the credits that were spent on one particular auction and apply the dollar value towards a branded gift card that will be mailed to you. We feel this is a way for all participants to feel like winners! You can learn more about the details for this new feature under the “Help” tab. Also, if you’re fairly new to Rexoco.com, you will find more helpful tips under the “Help” tab now. The “My Account” tab will also be easier to understand because we have added more detailed features. For added convenience, there is now a feature that will update how many bids you have in your account every time a bid is placed. You will be able to see this at the bottom of the page.
You have probably noticed that we have been adding more locations to our network. Check Rexoco.com often for newly added locations. We hope you love the new Rexoco.com! If you have any suggestions, feel free to send us an email at email@example.com or message us on Facebook!
Thanks for reading!
The Rexoco Team
According to a recent report by AAA, the average household in America spent $4112 on their gas purchases in 2012! Households in America also spent about the same on their gas purchases in 2011. This year, gas prices are expected to decrease due to “demand destruction”, but by how much? The good news is that Rexoco.com always adjusts its starting low gas auction prices in accordance with average gas prices in Colorado. This means that you can always save incredible amounts of money on your gas purchases regardless of how low gas prices are at any given time.
Since the inception of Rexoco.com in mid-2012, drivers who participate in Rexoco.com auctions have saved an average of $0.80 per gallon of gas. These savings don’t include the money that Rexoco.com participants have saved by winning gas gift cards in Rexoco.com gift card auctions! According to the same AAA report mentioned above, the average household purchased 1,140 gallons of gas in 2012. If the average Rexoco.com participant saves $0.80 per gallon of gas, this means that the average household could have saved $912 on their annual gas purchases in 2012! If you’re not already participating at Rexoco.com to save money on your gas purchases, just think what your family could have done with an extra $912 in your pocket last year! Were you thinking about going on a family vacation in 2013? The money that you can save on your gas purchases at Rexoco.com just might pay for it!
The Rexoco Team
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Rexoco.com on 7 News
We are very excited to announce that on Wednesday, May 8, 2013, Rexoco.com was a featured story on 7 News! In this featured story, the founder of Rexoco.com, Paul James, explained how Rexoco.com saves drivers lots of money every single day in Colorado and how drivers can get gasoline for a penny per gallon by participating in the reverse auctions. We would like to give a big thank you to 7 News and Amanda Kost for featuring Rexoco.com. If you missed the Rexoco.com featured story, or would like to see it again, just follow this link or any of the 7 News links in this blog.
The Rexoco Team
Are Gas Prices Really Getting Better?
According to a recent Denver Post article published on March 11, 2013, gasoline prices this week have decreased by 1.4 cents in Colorado. In a recent GasBuddy.com survey, average gas prices in Colorado are now $3.53 per gallon. As usual, the average retail price of gas in Colorado is lower than the national average. Although various media outlets might present information like this as if it was supposed to be good news, we doubt that anyone reading this email would consider an average gas price drop from almost $3.55 to $3.53 per gallon of gas to be very significant. It also seems doubtful that with the average price of gas in Colorado still being so high, that the fact that Colorado gas prices are still lower than the national average brings much comfort.
This Denver Post article also points out that, although gas prices have fallen slightly, that average gas prices in Colorado are still 12.6 cents higher than they were a year ago, and 19.3 cents higher than one month ago. When average Colorado gas prices are compared to average national gas prices, the national average has only increased by 10.2 cents per gallon over the last month, and are actually 8.8 cents lower than this time last year. It would seem that by this comparison, it is likely that the average price of gas in Colorado might be catching up with the average national price of gas, or perhaps, Colorado will at least fall from the list of top 10 states with the lowest gas prices.
With more Americans pushing for improvements in the way that we treat the environment, there have been recent efforts in producing cleaner burning gasoline. Many of you would probably agree that this is a positive change. Once the transition to cleaner burning gasoline is complete, it should make a very positive impact on our environment. However, this Denver Post article also points out that during the transition to cleaner burning gasoline, that any mishaps along the way could also drive up the price of gas.
If you don’t exactly feel like the recent 1.4 cent drop in average Colorado gas prices is something to celebrate, how would you feel about saving $0.50, $1.00 or even more than this per gallon of gas on your next gas purchase, for up to 30 gallons of gas? Many Colorado drivers have been getting great discounts like these lately at Rexoco.com. With all of the other things that could go wrong that would be a cause for gas prices to rise, we hope that you will feel more relieved that you can get great deals on gas prices by winning gas coupons and gas gifts cards at Rexoco.com!
The Rexoco Team
According to an article at ABCNews.com, there are about 165 penny auction/entertainment auction websites that operate in the United States. However, Rexoco.com is the only penny auction website of its kind that is specifically designed to save drivers money on their gas purchases and other automotive needs. As you can see from the comparison chart above, Rexoco.com is the only website or other consumer gas savings related program where drivers can win e-Coupons that can be used at select convenience store locations (Denver, Evergreen and Downieville) and get major savings on their gas purchases. In fact, drivers who participate in low gas price auctions at Rexoco.com save an average of $0.67 per gallon of gas. If you have never visited Rexoco.com before, you will also see that Rexoco.com is unique in the fact that, besides the low gas price auctions, we also have gift card auctions that are specifically related to gas savings and automotive needs. So far, Rexoco.com has held auctions for Conoco Gift Cards, Shell Gift Cards, Grease Monkey Gift Cards, and Jiffy Lube Gift Cards. There will be more automotive related gift card auctions to come!
As you will see by looking at the comparison chart above, Rexoco.com has looked at the positive aspects that other similar money saving/coupon programs have, and incorporated these positive aspects into our website, while leaving out the negative aspects. We have made Rexoco.com more affordable to participate in than other programs that might make you spend $50-$100s in order to receive any savings at all. You may have also noticed that with grocery store chains that offer similar programs where drivers can save money on gas, that it might only be a few cents here and there. That’s after you spend several hundred dollars on groceries!
If you read the ABCNews.com article mentioned above, you will also see that penny auction/entertainment auction websites haven’t always received the highest praise. There does seem to be a few bad eggs out there, so to speak. However, you can be assured that Rexoco.com is one of the good ones. Rexoco.com is a Colorado based, family owned business that is committed to helping drivers save money on their gas purchases. We are committed to keeping our loyal customers happy and we are also a member of the Better Business Bureau with an A+ rating since 1983!
The Rexoco Team