After having some more issues with our 15-year old car, we may be in the market for a new or lightly used car. We were looking at the Honda Fit (the newest gen looks even better than the previous one), and went to a local dealer for a test drive. I actually sat down to haggle prices for a bit (stupid me) and after being lied to about four different times, I just got up and left.
I went home, and remembered the Costco Auto Buying Program that offered a no-haggle pre-negotiated price. Ideally in true Costco style, they would offer a “good” deal as opposed to a rock-bottom pitted-six-dealers-against-each-other-in-a-deathmatch price. I figured, why not give them a try?
I filled out the form, and the person calls me back. I was surprised to hear that he was an employee of Costco, not of the dealership. He gives me the spiel about how Costco is all about volume so he can offer a better price than a salesperson. However, it turns out that my Costco-affiliated dealership is the same one I went to for a test drive, and since I met with a salesperson they were not allowed to talk specifics with me for a period of at least 2 weeks after last contact. If I start up negotiations again, the date resets. I’m not in a hurry, so I’m just waiting around because the original guy definitely isn’t earning a commission from me.
Has anyone out there used this program before? How did you like it? I found this link which offered a mix of experiences.
By Jonathan Ping | Frugal Living | 11/18/09, 6:41am