Costco vs GM Supplier discount?
Costco vs GM Supplier discount?
Anybody use the Costco discount on their new SS? I checked my GM Supplier discount through at&t and it knocks about a grand off the msrp. Was just wondering how the Costco discount compares?
The Costco discount is pretty cool. You pay around $600 over dealer invoice for the vehicle and all factory-installed options. I don't remember about dealer-installed options. So, go ahead and load it up, because you're effectively buying the factory options at dealer invoice. Of course, you are still eligible for factory incentives. The best part is there is no haggling, etc. for it. Basically the only places left for them to get you are financing, trade-in, and dealer-installed accessories.
You may want to finance through your bank, since a lot of cash-back incentives are EITHER cash back OR excellent APR. That way you get a good APR from your bank along with the cash back from GM.
Most (not all) of the dealerships that participate in the Costco auto buying program also give you 15% off parts, service, labor, and accessories on all vehicles in your household. So, as long as you're sure they're not using an inflated price for dealer accessories it takes care of them too.
That just leaves trade-in value. If you can, of course you'll get the best money by cleaning, detailing, waiting, and selling. The question will be whether it's worth the risk and hassle or whether it's worth the loss for them to invest the time necessary to do that stuff. Of course, know the trade-value before you go to buy.
Also, you need the Costco executive membership, which costs about $100/yr. You also get around 1-2% back from Costco. Ours used to pay for itself when we lived close to Costco. Now that we're 120 miles away, the auto buying program still made it worthwhile.
You may want to finance through your bank, since a lot of cash-back incentives are EITHER cash back OR excellent APR. That way you get a good APR from your bank along with the cash back from GM.
Most (not all) of the dealerships that participate in the Costco auto buying program also give you 15% off parts, service, labor, and accessories on all vehicles in your household. So, as long as you're sure they're not using an inflated price for dealer accessories it takes care of them too.
That just leaves trade-in value. If you can, of course you'll get the best money by cleaning, detailing, waiting, and selling. The question will be whether it's worth the risk and hassle or whether it's worth the loss for them to invest the time necessary to do that stuff. Of course, know the trade-value before you go to buy.
Also, you need the Costco executive membership, which costs about $100/yr. You also get around 1-2% back from Costco. Ours used to pay for itself when we lived close to Costco. Now that we're 120 miles away, the auto buying program still made it worthwhile.
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mortarman
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May 21, 2012 02:21 PM



