Cars are getting more and more expensive, which has most buyers trying to figure out where to find the best deals. Some are turning to places like Sam’s Club, which can help lower the prices of not just gas but also vehicles. But how does the Sam’s Club Auto Purchase Program work and how much could it help you save on buying a car?
How much can you save with the Sam’s Club Auto Purchase Program?
The Sam’s Club Auto Buying Program allows Sam’s Club Members to purchase specific makes and models of used or new cars from TrueCar dealerships associated with the program. A member wishing to buy a car can enter their preferences on the Sam’s Club auto website and generate a list of potential vehicles to buy.
Once the potential buyer has entered what they are looking for, they will receive a comparison of the average TrueCar prices for the car against the MSRP. The potential buyer can then choose to enter their personal information to be contacted by resellers with specific offers.
Overall, Sam’s Club members who purchase new vehicles through the program save an average of $3,463 off the MSRP of new cars, Nexstar News reports. They can also expect unspecified savings on used cars.
But those aren’t the only potential savings you can expect. The program also offers 20% off auto repair expense reimbursement up to $500 twice a year, plus up to two auto insurance deductible reimbursements of $500 when you buy from a participating dealer. and report the purchase on the Sam’s Club Auto Buying Program website.
Benefits of the Sam’s Club Auto Purchase Program
In addition to the potential savings offered by the Sam’s Club program, it also offers other benefits. One of the most important is the ease of the shopping experience. Rather than having to go from dealership to dealership looking for the best deal, a Sam’s Club member using the auto program website can specify exactly what they want and let the deals come to them. It’s a huge time saver, and we all know that time is money.
Purchasing a car through the Sam’s Club Auto Buying Program also offers additional benefits. For example, as part of the shopping experience, you’ll get detailed price analysis to help you see what other buyers typically pay for vehicles in your area. You also get special rates from Sam’s Club Tire Center, free flat tire repairs, battery tests, wiper blade repairs and gas discounts.
The program also has some disadvantages
Of course, nothing is perfect, and the Sam’s Club Auto Buying Program is no exception. The most notable drawback of the program is its limited inventory. If you need a specific vehicle, you might be out of luck.
There’s also the fact that you can’t negotiate with dealers under the program. If you are not satisfied with the price offered to you, you can simply continue shopping.
There are also other limitations that you will need to keep in mind if you are considering buying a car through Sam’s Club. First, there is no funding available under the program. If you need financing, you will have to look elsewhere, such as a bank or the dealership.
Another downside to the program is that you won’t be able to trade in your vehicle directly, although they may still be able to work something out with the dealership. Renting is another option that won’t be available if you buy through the program.
Overall, the Sam’s Club Auto Buying Program offers significant price benefits, but it does have some limitations, so you’ll need to plan accordingly if you intend to purchase a vehicle through the program. .
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