Maximize Your Savings with the Costco Auto Program
Are you a Costco member? If so, you can leverage the Costco Auto Program to obtain a new or used vehicle at a standard discount. Currently, a limited-time offer presents additional savings—$1,000 off the purchase or lease of select new models of Cadillac vehicles.
How the Costco Auto Program Works
Costco has secure partnerships with over 3,000 dealerships nationwide that meet its customer service standards. Consequently, Costco trains these dealers in implementing its discount program, ensuring you won’t encounter uninformed salespeople during your dealership visit.
Exclusive Discounts on Cadillac Models
To receive your discount, you must complete your vehicle purchase or lease by February 29, 2024. Your certificate code will provide access to a $1,000 discount on the following Cadillac models:
- LYRIQ (all-electric SUV)
- XT6
- XT5
- XT4
- CT5
- CT4
Additional Savings Opportunities
If you’re considering vehicles beyond Cadillac, the Costco Auto Program can still help you achieve significant savings. As a current Costco member, log in to the auto program website, where you will enter the specific make and model you’re interested in. This process allows you to obtain a preliminary price without engaging in the usual haggling commonly associated with car purchasing.
Moreover, Costco negotiates discounted rates with dealers in advance, enhancing your purchasing experience. If you find a price that does not meet your expectations, you have the option to decline the offer and explore different dealership options.
Understanding EV Tax Credits
Moreover, keep in mind that new and used electric vehicles may qualify for up to $7,500 in available EV tax credits, which could significantly reduce your total car expense. For instance, the 2023 LYRIQ is eligible for this tax credit; however, the 2024 Cadillac LYRIQ does not qualify. Nevertheless, General Motors is addressing this by reducing the price of the 2024 LYRIQ by $7,500.
In conclusion, the Costco Auto Program provides both exclusive discounts on select models and the ability to navigate the vehicle purchasing process smoothly. Therefore, as a Costco member, taking advantage of this opportunity can lead to significant financial savings.
