This limited-time savings event, which runs from September 1st through to November 30th, includes a $750 allowance toward the purchase or lease of new 2022 and 2023 in-stock Chevy crossover models, including the Equinox, Trailblazer and Traverse. To receive the member-only bonus, Costco Canada members need to register at CostcoAuto.ca for a savings certificate and must have been a member before August 31st, 2022. The $750 certificate can be used at any Chevy dealer in Canada.
Jay Woodcock, Costco Auto Program general manager, said this ongoing retail promotion with GM Canada helps deliver an attractive discount to the automaker’s customer base at a time when incentive spending is at an all-time low in the industry.
“We know finding incentives on a new vehicle is more difficult than before,” he said in a statement. “This promotion with General Motors Canada provides an additional $750 value on vehicles Costco members seek most.”
One small catch with this promotion is it only applies in-stock vehicles, and certain models can be hard to come by on dealer lots, or may only be offered in limited trim levels or specifications at the moment. The Chevy Traverse, for example, was running on only five days inventory at the beginning of August as automakers continue to grapple with a shortage of semiconductor chips and various supply chain snags. Inventory levels for the Chevy Trailblazer have also been quite low, with the nameplate running at just three days supply in July. A 60-day supply is considered optimal in the U.S. auto industry.