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GasBuddy

gasbuddy.com

Founded Year

2000

Stage

Acquired - II | Acquired

About GasBuddy

GasBuddy is a consumer app and website to help consumers find cheap gas prices. People use the website and app to share the gas prices that they see on their daily commutes. Through the efforts of millions of consumers, GasBuddy makes it easy to find cheap gas prices. On April 27th, 2021, GasBuddy was acquired by PDI Software. The terms of the transaction were not disclosed.

Headquarters Location

99 Chauncy Street

Boston, Massachusetts, 02111,

United States

612-875-2766

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Research containing GasBuddy

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CB Insights Intelligence Analysts have mentioned GasBuddy in 2 CB Insights research briefs, most recently on May 5, 2021.

Latest GasBuddy News

Beyond inflation: Why car insurance rates are expected to rise in 2023

Jan 21, 2023

January 21, 2023 - Advertisement - Auto insurance rates could rise until 2023, from a shortage of auto parts to the retirement of mechanics. - Advertisement - - Advertisement - In 2022, many Americans saw an increase in auto insurance premiums, and some studies predict that this trend will continue into 2023. - Advertisement - The predicted rise in car insurance costs has many potential causes. These include current supply chain issues in the automotive industry, rising demand for tech-savvy auto repairers, gas price volatility, and more, according to various studies. “Spare parts and new car shortages, waves of retiring mechanics and more dangerous roads are changing the auto insurance landscape for insurers and you, the driver,” General Insurance said in a statement. recent training . According to a recent report by Insurify, the average cost of auto insurance increased 9% to $1,777 per year in 2022. And he expects the rate to increase another 7% to $1,895 in 2023. If you’re interested in saving money on your car insurance, you might want to consider changing your auto insurance provider to get a lower monthly rate. Visit Credible to take a closer look and find your personal bonus that doesn’t affect your credit score. AUTO INSURANCE COSTS UP: HERE’S HOW DRIVERS SAVE MONEY Trends in the auto shop workforce could affect the cost of insurance The auto repair industry could soon face a severe labor shortage as veterans retire and the auto industry becomes more technology-driven, which could impact the cost of auto insurance. According to a 2020 forecast, the automotive and transportation industry may need to fill some 642,000 technician jobs by 2024. TechForce projection . “In recent years, dealerships and lobbying groups have partnered with schools and nonprofits to educate the next generation of auto mechanics,” The General said in a study. “Their work is becoming more technologically advanced as cars are loaded with more and more computer parts.” The report added: “The costly dilemma for drivers is expected to continue for at least the foreseeable future. The Bureau of Labor Statistics expects the number of auto mechanics working in the US to remain about the same for the rest of the decade.” If you want to lower your car costs, there are ways to lower your monthly auto insurance payments, such as changing carriers. You can visit the Credible website to compare several providers and see if one is right for you. MORE CONSUMERS BUY NEW AUTO INSURANCE TO SAVE MONEY: JD POWER REPORT Gas price uncertainty may persist in 2023 After gasoline prices across the country hit record highs in 2022, Americans may feel some relief in their car spending. The national annual average gas price in 2023 is expected to drop nearly 50 cents per gallon from the price in 2022 to $3.49. GasBuddy Fuel Forecast 2023 . But the organization notes that current problems, ranging from the war between Russia and Ukraine to global economic uncertainty, could stop the expected fall in prices. GasBuddy predicts that a national average of $4 a gallon could be feasible ahead of and during the summer driving season. The national average per gallon of gasoline increased 5 cents to $3.32 from the week ended Jan. 15, the agency said. AAA reports . “Gasoline demand is usually low at this time of year,” AAA spokesman Andrew Gross said. statement . “And it probably won’t start growing until spring break is around the corner. So the main driver behind this latest increase is the higher cost of oil, which accounts for more than half of what you pay at the gas station.” If you want to lower your monthly car expenses, you may want to consider switching suppliers. You can visit Credible to get a personalized rate in minutes without lowering your credit score. Have a financial question but don’t know who to contact? Write to an authoritative money expert at [email protected] and your question can be answered by Credible in our Money Expert column. Credit: www.foxbusiness.com /

GasBuddy Frequently Asked Questions (FAQ)

  • When was GasBuddy founded?

    GasBuddy was founded in 2000.

  • Where is GasBuddy's headquarters?

    GasBuddy's headquarters is located at 99 Chauncy Street, Boston.

  • What is GasBuddy's latest funding round?

    GasBuddy's latest funding round is Acquired - II.

  • Who are the investors of GasBuddy?

    Investors of GasBuddy include PDI Software and Oil Price Information Service.

  • Who are GasBuddy's competitors?

    Competitors of GasBuddy include Upside and 2 more.

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