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I can see that. We had a Costco membership for a year because it was the cheapest place to get our son's formula. (Diapers and wipes were less expensive on Amazon as a member of Amazon Mom and Subscribe and Save). We bought a new TV during that time because of the price. We had the entire family at our place for Christmas (7 adults, three teenagers, two tweens and one baby) so we bought lots of stuff in bulk.
We let the membership go because we don't need the mass quantity of stuff you get there. I know some folks who keep their memberships active and go there only for gas, I doubt that they are saving the cost of the membership but it feels like they are saving on the gas so they do it.
We will get a COSTCO membership again when there is something large that we want and we think the savings will be greater then the cost of the membership.
Plus COSTCO does a great job of selling people on the highest personal level. You get some percentage of what you spend back. But the likelihood that you make up the price difference between the memberships requires that you spend a lot more at the store.
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