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Costco Car Buying #5274138 11/22/19 01:06 AM
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rrretiree7 Offline OP
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I have seen conflicting info about saving money at Costco when buying a new car. Could I get some opinions? Thank you

Re: Costco Car Buying [Re: rrretiree7] #5274140 11/22/19 01:16 AM
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Wolf359 Offline
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It's good if you're not that good at negotiating. I think the dealers have to pay a few hundred to Costco when you use their programs so in theory you could negotiate directly with them and eliminate Costco, it would be a few hundred lower. I guess you could see what the best price you could get with Costco and then go to another dealer that's not with Costco and try for a few hundred extra off. Might not work if there are a limited number of dealerships or the one you negotiate with is further away. Although it shouldn't matter where you buy the car from, the service department of the closest dealer is happy to get any business they can.

Re: Costco Car Buying [Re: rrretiree7] #5274146 11/22/19 01:30 AM
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WhyMe Offline
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i only have one experience with it. i went with my cousin to buy a new subaru. The dealer we went to was listed as a member of the service. So we went looking at the cars and found one. A crosstrek limited. So we told them we were with costco. they brought out some paperwork showing what the discount was . i remember it was about 1900 off of invoice. the car was 29400 msrp and invoice was 28300 was what it said.

So here is where it became interesting. we thought that costco price was set in stone and not negotiatable. So now we are at 26400. Just to see what would happen we continued to negotiate off of the Costco price. After a few minutes of back and forth we got it for 26k . 3400 off msrp which i thought was a pretty good deal seeing how well Subarus sell in the PNW.

I bought 2 hyundais from the same dealer within 6 months of each other. this dealer does not participate in the costco program. when i ask the sales guy why not, he said" we beat it everyday without it". and he was right. i went to a couple of hyundai dealers that are costco members and they could not beat the deals i got from the non member.

I really hate car negotiation. i think costco would do well for people that don't like to negotiate on vehicles. i always say to people " when buying a car someone pay more than you and someone paid less than you and you never really know if you got the best deal or not

Last edited by WhyMe; 11/22/19 01:31 AM.
Re: Costco Car Buying [Re: rrretiree7] #5274155 11/22/19 02:56 AM
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02SE Offline
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On our most recent vehicle purchase, we did much better not using the Costco program. Of course it's important to educate yourself about the car buying business, or you're likely to leave money on the table.

Re: Costco Car Buying [Re: rrretiree7] #5274179 11/22/19 04:53 AM
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MoneyJohn Offline
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Every 'car buying experience' that I tried in late 2014 had TrueCar in the backend.
The dealerships that participate with Costco are fewer compared to TrueCar itself and the prices are actually higher than TrueCar (Costco's profit?). For our Subaru, TrueCar prices were not good at all. I got almost $2000 less than what TrueCar was offering by finding the right salesman in the right dealership without any haggling. In fact, I have not seen the face of the dealership or the salesman in 5 years that I have this Subaru (The car was delivered to me).

The bottom line, go to the forum of the vehicle you are interested in. Ask them if there is any specific dealership that offers deals for the forum members and go from there. If you are willing to go beyond your neighborhood, you should find something. I live near NYC and got vehicle from NH.

(All Subaru dealerships in and around NYC are PITA to work with..)


Re: Costco Car Buying [Re: rrretiree7] #5274212 11/22/19 06:33 AM
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bilibako2 Offline
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Got my son 2019 Honda Civic hatchback sport last May using costco car buying program.Experience wise good.I checked KKB,Edmunds pricing before putting information on Costco program.The assigned dealership had lower price,not pushing those extra's(extended warranty,maintainnance packages,accesories,etc,etc) I dont mind using the program again in the future.


bentoti/1999
Re: Costco Car Buying [Re: rrretiree7] #5274222 11/22/19 06:50 AM
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PimTac Offline
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I checked various discussion forums on the vehicles I was considering and they all had threads on how much participants paid. Disregard the outliers and you can come up with a pretty good idea of what is a good price.


2017 Mazda CX5
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Roki OEM filter.
Re: Costco Car Buying [Re: rrretiree7] #5274251 11/22/19 07:28 AM
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Nyquist Offline
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We've had good luck with it overall.


2015 Chevy Traverse 3.6L (LLT) Mobil 1 5w30 w/ Fram Ultra
2018 Chevy Cruze 1.4L (LE2) Mobil 1 5w30 w/ ACDelco
Re: Costco Car Buying [Re: rrretiree7] #5274280 11/22/19 08:01 AM
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WyrTwister Offline
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Check the websites like cargurus.com first . Last 3 cars we have purchases , we traced them down on the internet ( 1 new & 2 used ) .


Wyr
God bless
Re: Costco Car Buying [Re: rrretiree7] #5274307 11/22/19 08:27 AM
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Cujet Offline
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The Costco program is very useful for cars that may carry a market premium at a specific time. An example may be 13 years ago, when fuel prices were skyrocketing and Diesels/Hybrids were at a premium.

However,,,,, recently I tried to purchase a Ford Raptor on the Costco program and the dealership was perfectly thrilled to offer the truck to me at $3000 over MSRP. Not going to do that, especially when dealers on the West Coast of FL are discounting Raptors. I probably should have reported the dealership to Costco.


Last edited by Cujet; 11/22/19 08:29 AM.

People who count on their fingers should maintain a discreet silence.
Re: Costco Car Buying [Re: rrretiree7] #5274311 11/22/19 08:32 AM
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Do you like to negotiate?
It all depends on whether you are comfortable negotiating.

It can be an Ok experience of you want no negotiation but it certainly won't be the absolute cheapest price.
For some people, this is a reasonable middle ground.

My experience was that I got a Costco quote and then started negotiating from there. I was able to get an additional $1500 knocked off the Costco price on a Toyota Corolla for a family member.

BTW, we ended up at $19,250 out the door for a 2020 Corolla LE including tax title and licence. I could have gotten it down to $19,000 but the family member got too impatient and wanted to complete the sale.


2001 Mitsubishi Galant 2.4 - 165k+
Grandma's creampuff...
Re: Costco Car Buying [Re: rrretiree7] #5274433 11/22/19 10:17 AM
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JeffKeryk Offline
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The Costco auto purchase program offeres simplicity and no haggling; generally not the lowest price.
There is almost no such thing as "the lowest price"; it depends on timing, location and a whole bunch of other factors.
I try and figure out which car, including color, I want, do some research, and then play the dealers off against each other.
Call and ask for fleet or use the email contact.
And take your time; they will call you back.

Good luck.


2018 Tesla Model 3, Medium Range Battery
2018 Lexus RX450h
2013 Lexus GS350 F Sport
2006 Acura TSX
2001 Tundra Access Cab, 1998 Accord LX, 1968 Corvette L36 Roadster, 1965 Olds 4-4-2
Re: Costco Car Buying [Re: rrretiree7] #5274447 11/22/19 10:39 AM
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spavel6 Offline
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Currently in the market for a 2020, and the Costco price has been the lowest quote so far. I've shopped it around to other dealers, but you know you have a good quote when the other dealer says "we'll beat any deal" and then doesn't respond after you send them the actual dealer-signed offer smile

I'd get the Costco price, then shop it around to others and see if they can beat it.


2003 VW Jetta Wagon TDI 198k M1 5W40 TDT
2001 VW GTI VR6 250k T6 5W40
2001 VW Passat Wagon V6 4motion 110k PP 5W30
Re: Costco Car Buying [Re: spavel6] #5274487 11/22/19 11:24 AM
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Originally Posted by spavel6
Currently in the market for a 2020, and the Costco price has been the lowest quote so far. I've shopped it around to other dealers, but you know you have a good quote when the other dealer says "we'll beat any deal" and then doesn't respond after you send them the actual dealer-signed offer smile

I'd get the Costco price, then shop it around to others and see if they can beat it.

What are you shopping for?


2018 Tesla Model 3, Medium Range Battery
2018 Lexus RX450h
2013 Lexus GS350 F Sport
2006 Acura TSX
2001 Tundra Access Cab, 1998 Accord LX, 1968 Corvette L36 Roadster, 1965 Olds 4-4-2
Re: Costco Car Buying [Re: rrretiree7] #5274498 11/22/19 11:37 AM
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Through the program CostCo is (indirectly) one of the biggest sellers of vehicles in the country. So that in of itself speaks volumes about how people wish to buy vehicles-and how satisfied others are with the program.

The dealer who says "I will beat any price" are those that attack you in the finance office for "shine and glow" packages, extended warranty, etc.

Last edited by CKN; 11/22/19 11:39 AM.
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