How to get a discount on a car with Costco
Costco sells almost everything, so it’s no wonder that a retailer can also help its customers buy cars at a discount.
Through the Costco Auto Program, Costco members can purchase a variety of cars, motorcycles and vans. Business Insider.
Once you have chosen the car, the preferred package and color, Costco will send you the contact information of the participating dealer, after which you can visit the dealer network to find out the final price of the car and decide whether you want to buy it.
The range of vehicles available is very wide: from budget options for 20 000 dollars to luxury cars that cost more than 100 000 dollars.
Costco members save on average more than $ 1000 from the average price of a car when using the program, in addition, they can also get 15% discount on spare parts, service and accessories at participating service centers.
Here's how to use Costco membership to get a discount when you buy a car.
1. Go to the Costco Auto website or call the customer service line.
On the Costco Auto program page, you can view and compare available vehicles for purchase, calculate monthly payments, and read customer reviews.
You can also call the company's customer service line to have an employee guide you through the process of choosing a car over the phone.
2. Choose a car
You can choose from several classes, including sedans, sports cars, SUVs, vans and crossovers.
You will not know what discount you will receive until you visit the dealer. The suggested retail prices for cars available on the program range from less than 20 000 dollars to more than 150 000 dollars.
You can also buy a motorcycle, snowmobile or other types of equipment.
If you are not ready to buy a car right away, you can also take it by installments or choose a used car that the dealer repaired before resale.
3. Customize the equipment or color of the selected car
For most cars there are several options available and any colors, while for some of the cars you can choose only the desired model.
4. Enter your contact information and membership number for Costco Club
After you choose a car, you must fill out a form with your name, contact information, and a Costco member number. Costco then sends you the contact information for the dealer, by visiting which you will learn about the discount available to you.
5. Visit the dealership
At the meeting with the seller, you will find out the final discount that will be offered to you as a member of the Costco loyalty program.
If the dealer does not have the car you requested, he can order delivery from another store or directly from the manufacturer.
6. Complete the purchase transaction
Once you know the final price, you can buy a car or take it by installments, but you don’t have to do it if you don’t like the price or just change your mind. You also have the opportunity to bargain for the final price. According to Costco, about 43% of visits to dealerships in this program ends with a purchase.
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