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Here's how you can buy a discounted car through Costco (COST)

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costco auto program

  • The Costco Auto Program allows members to buy discounted cars from participating dealerships.
  • A wide variety of vehicle types and models are available.
  • Members can buy or lease new or pre-owned vehicles.

Costco sells just about everything, so it's no surprise that the retailer can also serve as a broker for discounted cars.

Through the Costco Auto Program, members can search for a variety of vehicles, including cars, motorcycles, jet skis, and RVs.

Once you've chosen a vehicle and its trim, features, and exterior color, Costco sends you the contact information for a participating dealership and salesperson, at which point you can visit to find out the vehicle's discounted price and decide whether you'd like to buy or lease it.

The range of available vehicles extends from budget options that start under $20,000 to luxury vehicles that top $100,000.

Costco members can also get a 15% discount on parts, service, and accessories at participating service centers.

Here's how you can use your Costco membership to get a discount on your next car.

SEE ALSO: How to shop at Costco without a membership

1. Go to the Costco Auto Program webpage or call.

From the Costco Auto Program webpage, you can browse and compare available vehicles, calculate monthly payments, and read reviews.

You can also call the company's customer-service line to have an employee walk you through the process over the phone.



2. Choose the vehicle you'd like.

You can choose from a variety of classes, including sedans, sports cars, SUVs, trucks, and crossovers.

While you don't learn the discounted price until you visit the dealer (this is an old sales trick — prospective customers are less likely to walk away without buying if a salesperson is able to talk face-to-face with them about their hesitations) the manufacturer's suggested retail price ranges from under $20,000 to over $150,000.

You can also buy or lease a motorcycle, RV, ATV, jet ski, snowmobile, or UTV.

If you don't want to buy outright, you can also lease or select a pre-owned vehicle, which the dealer inspects for any broken or worn-down parts and fixes before selling it again.



3. Customize the trim, features package, and exterior color.

For many vehicles, you can select the trim, features, and color you'd like. For others, you can choose only the model.



See the rest of the story at Business Insider

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