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Old 09-28-2013, 11:37 PM   #1
JTruck

 
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Costco Auto Program

Has anyone used this program when purchasing a vehicle and what was your experience? How much did you save? And how much above dealer invoice?
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Last edited by JTruck; 10-05-2013 at 03:46 PM.
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Old 10-02-2013, 07:36 PM   #2
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From what I've read it's not near invoice. If I recall, it was Employee Pricing (or whatever they call it now) + a small fee for using the service.

Easy enough to go in and ask.
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Old 10-02-2013, 07:37 PM   #3
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Compare for yourself: http://www.costcoauto.com/enterzipcode.aspx
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Old 10-02-2013, 08:15 PM   #4
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I used it along with Truecar. I entered in different zip codes to see what came up. I live in the MD area, so Baltimore, DC, Northern VA. A dealer responded with $2K under invoice plus the rebates. I was shocked. I was expecting invoice or a few hundred bellow.

I sat on the deal for a while because I thought the pricing was without freight and included rebates I did not qualify for, seems to be the game lately. Then I was up late one night on the Chevy website and saw they had a blue 1lt convt. I called the next day and found our the pricing was real. I was in shock, not only did I find the car I wanted (hard to find blue convt's) but it was $1500-$2000 less than I thought I would have to pay. The dealer was also great to deal with.

I buy a lot of cars, I like to negotiate, I have a good friend that has owned a dealership and managed a few others. He has taught me a few things. I feel like I let him down by not negotiating! He was even shocked when I told him what happened.

I did the same with my Silverado in 2011. I found a dealer willing to go 3k under using Truecar and Costco. The money isn't in sales, its in service, and dealers must sell so many cars to keep there franchise.
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Old 10-02-2013, 09:57 PM   #5
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Old 10-03-2013, 09:41 AM   #6
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For those of you that were interested in this program, I thought I would let you know my experience...

The link that was posted above doesn't give you much information at all, even after submitting your info. You must submit your Costco ID# and contact information. It gives you the nearest dealership that participates in the program along with specific sales personnel that are certified to deal with the program.

I got a phone call the next day. The process is pretty stream line. There is a "Costco member exclusive" sheet they MUST show you. This sheet is pretty straight forward. It lists all 2014/2013 vehicles that Chevy sells, and the discount your receive. Some of them are below invoice, some are at invoice. The camaro is $800 BELOW dealer invoice! (This is different for a SS or vert. I believe the SS is $1000 below invoice off the top of my head.)

I'm getting a pretty good deal off of this program, a better deal than negotiating along with not having the hassle of the negotiating itself.
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Old 10-03-2013, 06:46 PM   #7
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Wow, good to know. Thanks for sharing.
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Old 10-04-2013, 02:56 AM   #8
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i've ordered a car via a car broker and the quote was 2k under msrp. sounds like the costco program might be better? i was told that i can back out of it any time before the deal is signed ( i guess thats after the car is delivered to the dealer)
so i guess it couldn't hurt to find out what the costco price is first. the costco dealer isn't the same one that the order was placed at. which may mean i would have to re order the car to get it to the costco dealer. anyone have insight on this?
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Old 10-04-2013, 08:41 AM   #9
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Quote:
Originally Posted by metacam View Post
i've ordered a car via a car broker and the quote was 2k under msrp. sounds like the costco program might be better? i was told that i can back out of it any time before the deal is signed ( i guess thats after the car is delivered to the dealer)
so i guess it couldn't hurt to find out what the costco price is first. the costco dealer isn't the same one that the order was placed at. which may mean i would have to re order the car to get it to the costco dealer. anyone have insight on this?
I'm unsure if the costco price applies to ordered vehicles. I think it may only apply to those already on the lot. I could be wrong though. Send in your info and find out, it's worth a shot.
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Old 10-04-2013, 11:34 AM   #10
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I ordered my SS and used the Costco auto program. So yes, it can be used with special orders. I have used the Costco programs for two 2500's, both 4x4, one gas and one diesel, and my Camaro. I hate negotiating. While car salesmen are nice, they are not in it just for that. Costco takes all that stress out of the deal. Instead of hours trying to make a purchase, it only takes an hour or so. Your experience may vary.
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Old 10-04-2013, 02:51 PM   #11
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I looked at Trucar and Costco when I bought my Camaro.

Their price was just about what I ended up paying- maybe they were 100 bucks more.
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Old 10-04-2013, 03:42 PM   #12
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I hadn't heard about the Costco Auto Program, this is certainly really good news!
Just to make sure I understood it..
You pay dealer invoice minus $1,000 for an SS
So the 1SS Dealer Invoice price is $31,636.80 minus $1,000 that would be $30,636, Correct? If so that makes buying the car a lot easier.
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Old 10-04-2013, 04:49 PM   #13
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Costco discount for an ss is 800 under invoice. dealer might have gone 1 or 2 hundred less.
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Old 10-05-2013, 02:52 PM   #14
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Quote:
Originally Posted by patternpilot View Post
I ordered my SS and used the Costco auto program. So yes, it can be used with special orders. I have used the Costco programs for two 2500's, both 4x4, one gas and one diesel, and my Camaro. I hate negotiating. While car salesmen are nice, they are not in it just for that. Costco takes all that stress out of the deal. Instead of hours trying to make a purchase, it only takes an hour or so. Your experience may vary.
Yes, very streamlined and stress free... Until you get into financing...

Offered me an upgraded security system for $800 and 5 years 50 thousand mile bumper to bumper warranty for $2200. Talked him down to $1400 between the two combined and an upgraded to 6 years 60 thousand miles (with a $0 deductible!). Also got the interest rate to come down from 3.9 to 2.9.

Quote:
Originally Posted by sspolo View Post
I hadn't heard about the Costco Auto Program, this is certainly really good news!
Just to make sure I understood it..
You pay dealer invoice minus $1,000 for an SS
So the 1SS Dealer Invoice price is $31,636.80 minus $1,000 that would be $30,636, Correct? If so that makes buying the car a lot easier.
I thought it was $1000 for the SS, but metacam maybe right. Initially when I heard of this program I thought it was above the dealer invoice, but its actually below. It's a great deal.

If any of you are really curious I can upload a scan of my receipt so you may see how it worked out. Just let me know.
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