Costco operates a pre-negotiated Auto Program for members. Traditionally the best manufacturer-backed discounts applied only to new cars, while used vehicle deals depended on individual dealer agreements. Costco and Volvo now offer a nationwide discount on select certified pre-owned Volvo models, including the electric EX30 and EX90 crossovers. Executive Costco members receive up to $1,250 off qualifying cars, and standard members receive $1,000 off. The Costco discount stacks with other dealer and manufacturer incentives, allowing buyers to negotiate the lowest dealer price then apply the club discount. Both EX30 and EX90 have experienced numerous software issues.
If you're a Costco member, you've probably heard of the Costco Auto Program. For those who aren't, it's a service where Costco offers pre-negotiated discounts on vehicles for its members. And while the best manufacturer-backed deals are typically only available on new cars, Costco and Volvo are tweaking the formula. They're now rolling out a nation-wide discount on select certified pre-owned Volvo models, including both the electric EX30 and EX90 crossovers.
Costco says executive members get up to $1,250 off a qualifying car (standard members get $1,000 off). That's not anything insane, as with Volvo EV sales struggling, you can certainly find deals. But the reason it's so valuable is that it stacks with any other deals you can negotiate. So when I got my Blazer EV using a $1,000 discount from the Auto Program, that came from a separate tranche of money than the dealer and manufacturer discounts I secured independently.
That's why this being a national deal matters. When Costco negotiates deals with separate dealers, that's money that is coming off the dealer's bottom line. Any further discounts may become harder to negotiate. But since this is a Volvo-backed program, you can take advantage of the best strategy: Drive your hardest, fullest bargain with the dealer on price, and then tell them you are a Costco member who would like to apply a $1,000 or $1,250 discount.
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