Costco Wholesale Corp. (NASDAQ: COST) is one of America’s largest new car sellers. Last year its members bought more than 520,000 new vehicles through its auto program. That’s almost as many as Volvo sold worldwide last year (534,332 units), so it makes sense that the automaker has paired up with Costco Auto Program to offer a special deal through July 2 of this year.
Volvo is offering Costco members employee pricing on certain Volvo models, including for the first time the new 2018 Volvo XC60.
Costco services manager Mark DerGarabedian said:
The Volvo Special Offer is a great value. Costco Auto Program’s dedication to provide an exceptional car-buying experience paired with Volvo’s reputation for innovation, safety and reliability is a winning combination for Costco members.
Exclusive incentives for Costco members include $3,000 on 2018 S90, V90 and V90 Cross Country models, and $750 on 2018 XC90 and XC60 models (T8 trim package excluded). The offer also may be combined with additional national Volvo incentives for which Costco members qualify to receive greater savings. Costco members who buy a car and complete a member satisfaction survey also receive a $250 Costco Cash card. To qualify for the Volvo savings, a person has to have been a Costco member as of May 1, 2018.
Volvo is one of some 35 automobile brands available through the Costco Auto Program managed by Affinity Auto Program. Costco does not actually sell the cars but has prearranged prices with auto dealers on new and some pre-owned vehicles, RVs, motorcycles and powersport products. The Costco Auto Program works with its participating dealerships to provide Costco members with hassle-free, transparent savings on a vehicle.
Visit the Costco Auto Program website for more details and information on the special Volvo pricing.