Buying a car through Costco’s Auto Program is straightforward: you get pre-negotiated, no-haggle pricing from a certified local dealer. The process starts online, where you select your desired make and model, and then you're connected to a participating dealership for a fixed price, often below the manufacturer's suggested retail price (MSRP).
The core of the program is its simplicity and transparency. You avoid the stressful negotiation process typical of car buying. Instead, you work with a dedicated "Costco Contact" at the dealership who is trained to honor the pre-arranged pricing. This price includes all available factory incentives and rebates. On average, members can expect savings of $700 to $1,300 off MSRP, though this varies by vehicle demand and brand.
It's crucial to understand what the program covers. It primarily secures your vehicle's price. You'll still need to negotiate add-ons like extended warranties, paint protection, or financing, though the program often provides special pricing on these as well. Always get pre-approved for a loan from your bank or credit union before visiting the dealer to compare with their financing offers.
To start, you need a valid Costco membership. Visit the Costco Auto Program section on their website, enter your membership number, and browse the available inventory. The system will guide you to a participating local dealer. Remember, this is a referral service, not a direct sale. You test drive and finalize the purchase at the dealership. While the price is set, you should still research the vehicle's fair market value using sources like Kelley Blue Book to ensure the deal is competitive.
| Aspect of Costco Auto Program | Typical Details & Data Points |
|---|
| Average Savings off MSRP | $700 - $1,300 (varies by model and region) |
| Number of Participating Brands | Over 25 (e.g., Ford, Chevrolet, Toyota, Honda, BMW) |
| Pre-negotiated Discount | Typically includes all current factory incentives |
| Program Availability | Available at over 3,000 certified dealerships nationwide |
| Additional Member Benefits | Optional discounted accessories, maintenance plans |
| Required for Participation | Active Costco Membership (Gold Star, Executive, or Business) |
