What is the Sam’s Club Auto program and how does it work?
Buying a car is increasingly expensive, due to supply chain challenges and other pressures in the automotive market. Due to rising prices, some consumers are carefully considering their options. One such option is Sam’s Club Auto Buying program, which saves car buyers a lot of money. Here’s how the Sam’s Club Auto Buyer Program works.
What is the Sam’s Club Auto Buyer Program?
Like all Sam’s Club programs, the Sam’s Club Auto Purchase Program allows members to save money on their purchases. In this case, the purchases are vehicles. According to Nexstar News, a car buyer who uses Sam’s Club to purchase their vehicle can expect to save an average of $3,463 on a new car. Used cars are also available through the program, although it’s unclear how much you can expect to save on such cars through Sam’s Club.
The Sam’s Club Auto program also saves money on many automotive-related purchases and services. For example, if you buy your car through the program, you can expect to save 20% on reimbursement for auto repair costs up to $500 twice a year. You also receive up to two $500 auto insurance deductible reimbursements, so the savings from the program can really add up.
How does the program work?
Let’s say you’re considering using Sam’s Club to buy your next car, truck, or SUV. How exactly does the Sam’s Club Auto Buying program work? It allows Sam’s Club members to buy a car from the comfort of their computer. They must enter their vehicle preferences on the Sam’s Club Auto website to receive a list of possible vehicles to purchase. These vehicles can be found at TrueCar dealerships working with the Sam’s Club program.
Before making a purchase, the potential buyer will be informed of the average TrueCar prices of the car they are interested in compared to the MSRP of the same vehicle. If the Sam’s Club member decides to proceed with the potential purchase, they can enter their personal information to receive offers from affiliate resellers.
The advantages and disadvantages of the Sam’s Club program
The Sam’s Club Auto Buying Program has several benefits that go beyond price and process simplicity. The program also offers certain benefits, such as special Sam’s Club Tire Center rates, free flat tire repairs, battery tests, wiper blade repairs, and gas discounts.
As with everything, the Sam’s Club Auto Buying Program also has some downsides. At the top of the list is the program’s somewhat limited inventory. If you’re picky about what kind of car you need, this program might not be the place to find it.
Also, as our discussion of the buying process makes clear, it is not possible to negotiate with dealers through the Sam’s Club program. If you don’t like the offer you receive, you’ll have to look elsewhere.
Other program limitations include lack of financing and the inability to trade in your vehicle as part of the purchase process. However, there are workarounds to these problems. You can always seek financing from a bank or credit union, and you may be able to negotiate a trade-in directly with the dealership.
Finally, leasing is not an option under the Sam’s Club Auto Purchase Program. Despite these drawbacks, the Sam’s Club Auto Buyer Program is an attractive avenue for many potential car buyers looking to save big bucks.
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