Costco members have hot deals at the fingertips packed into the halls of the warehouse club, but the retailer also sells cars—and people really took advantage of the program in 2017.
Costco’s Auto Program announced it sold 520,000 vehicles in 2017, and General Motors vehicles were mighty popular. GM and Costco ran their own promotion for the holiday season 2017 and sales rose 50 percent over 2016 figures.
Aside from the holiday promotion, GM vehicles rounded out the top five most-purchased vehicles. They were:
- 2018 Chevrolet Silverado
- 2018 GMC Sierra
- 2018 Chevrolet Equinox
- 2018 Chevrolet Traverse
- 2018 Cadillac XT5
Costco said the most popular segment of all makes was crossovers, followed by trucks, passenger cars, SUVs and vans.
The program is popular for a host of reasons, but mainly because it provides upfront pricing that’s pre-arranged with participating dealerships. Namely, it’s a no-haggle situation. What the buyer sees is the final discounted price. It also dishes out a 15 percent discount on parts, service and accessories for the member’s household.