10 Things About Buying a Car from Costco Auto Program That You Need to Know

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10 Things About Buying a Car from Costco Auto Program That You Need to Know

10 Things About Buying a Car from Costco's Auto Program That You Need to Know

The Costco Auto Program might save you money on your next car purchase, but the member benefits may not be for everyone.

financebuzz.com

Richard

 

[pedro47]

great information

 

[Brett]

But getting quotes from dealers and Consumer Reports may result in a lower price

 

[Bucky]

#6. May be true during this timeframe but prior to covid I bought three different vehicles from Costco dealers and was able to negotiate up to as much as an additional $2000 off their written offer. Costco customers being lured by articles like this are just what the dealers want to see.

#8. this one is also incorrect. I have always received emails from the dealer I was negotiating with showing the price breakdown. This is an example of what I received on my most recent purchase:

Member’s Requested Vehicle Details:

2022

Toyota

Camry XSE 6cyl

VIN:

deleted by me

Stock#:

MSRP:	$38,018.00
Savings:	($837.15)
Limited-Time Discount(Valid through 1/31/2022): May not apply if any lease or financing incentive is selected.	($500.00)
Dealer Installed Items*: Preferred Protection Package $849.00 30% $594.30 Market Adjustment $0.00 100% $0.00
Total Dealer Installed Items:	$594.30
Savings on Dealer Installed items:	($254.70)
Price Including Dealer-Installed Items *	$37,275.15

Costco Member-Only Price*

$37,275.15

* Price does not include any tax, license or $749.00 Doc Fee.

​ Doc Fee $749.00

Dealer Contact Name: _________________________________________________________________________

 

[mjm1]

We noticed that the two Lexus dealers in Las Vegas are no longer participating in the Costco auto program, at least for the time being. Hopefully that will change once the supply issues are resolved.

Best regards.

Mike