Sam’s Club Takes the Stress Out of Purchasing a Car with New Auto Buying Program
September 03 2015 - 9:35AM
Business Wire
Sam’s Club Auto Buying Program, now powered by
TrueCar, saves members more on new and used cars
Sam’s Club®, the warehouse division of Wal-Mart Stores, Inc.,
announced today its new Auto Buying Program, which provides
guaranteed savings off the manufacturer’s suggested retail price
(MSRP) on new cars and access to exclusive member savings on used
cars.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20150903005822/en/
The all-new Auto Buying Program, now powered by TrueCar, is the
latest way Sam’s Club is increasing the value of membership by
helping members take the hassle out of car buying.
At launch, Sam’s Club members will have access to more than
10,000 TrueCar Certified Dealers nationwide – more than three times
the nearest competitor in the warehouse club channel.
“Whether it’s your first car or your sixth, the process of
purchasing a vehicle can be a daunting task. We’ve chosen to launch
our auto buying program with TrueCar based on their proven ability
to bring car buyers a best-in-class experience,” said Seong Ohm,
senior vice president of merchandise business services at Sam’s
Club. “Our auto buying program will save members both time and
money.”
“Sam’s Club is the warehouse club of choice for millions
nationwide, representing a broad base of consumers and business
owners with serious buying power,” said Jim Nguyen, TrueCar’s
co-founder and executive vice president of partner development. “We
are excited to serve these quality-seeking, smart and loyal
members, who will appreciate the exceptional value offered through
the Sam’s Club Auto Buying Program. TrueCar and our dealer partners
have helped modern consumers save over $3 billion off MSRP and are
delighted to provide the best and most innovative car-buying
experience to Sam’s Club members.”
According to a recent survey by J.D. Power and Associates,
two-thirds of Millennials believe that buying a car is one of the
most intimidating purchases they can make, with more than half
saying that negotiating a car purchase is worse than a trip to the
dentist.
By empowering members with critical pricing information prior to
purchase, the Sam’s Club Auto Buying Program improves the entire
car-buying experience. Members simply access SamsClub.com/auto from
their computer or smartphone, enter their location and desired type
of car, see what others in their market paid for the car they want,
then browse pricing information from local dealers. Once members
are satisfied with their choice, they print their Guaranteed
Savings Certificate or bring it on their mobile device to the
selected TrueCar Certified Dealer to finalize the purchase.
More than 2 million cars have been purchased from TrueCar
Certified Dealers using a TrueCar-powered platform. By purchasing
their car using the Sam’s Club Auto Buying Program, members will
receive a number of benefits on new and used cars:
Member benefits on new cars
- Save an average $3,000 off MSRP with
negotiation-free Guaranteed Savings
- Additional savings and offers for Sam’s
Club members
- Access to TrueCar’s Certified Dealer
Network, which includes more than 10,000 dealers nationwide
- TrueCar Certified Dealer
representatives to help assist members onsite at showroom
Member benefits on used cars
- Save hundreds off list price with
exclusive member discounts
- Access to 500,000 used vehicles for
sale
- 3-day return policy for members’ peace
of mind
Also on new and used cars, Sam’s Club members will have access
to pricing information on what others in their market paid for the
car they want and can receive a Buyer’s Bonus included as a benefit
that could be worth up to $2,000 in Auto Repair Reimbursement and
Auto Deductible Reimbursement.
Sam’s Club recently launched a slate of other member benefits,
including a “daily deal” program called Shocking Values
(www.samsclub.com/shockingvalues), revamped Club Pickup where
online orders are made available for members for pick up in a club,
and small business services ranging from loans to identity theft
protection (SamsClub.com/Benefits).
About Sam’s Club
Sam’s Club®, a division of Wal-Mart Stores, Inc. (NYSE: WMT), is
a leading membership warehouse club offering superior products,
savings and services to millions of members in 653 clubs in the
U.S. and Puerto Rico. To learn more about Sam’s Club, visit
the Sam’s Club Newsroom, shop at SamsClub.com, and
interact with Sam’s Club
on Twitter and Facebook.
About TrueCar
TrueCar, Inc. (NASDAQ: TRUE), the negotiation-free car buying
and selling mobile marketplace, gives consumers transparent insight
into what others paid and access to guaranteed savings off MSRP
from TrueCar Certified Dealers. TrueCar’s network of more than
10,000 trusted Certified Dealers is committed to providing upfront
pricing information and a hassle-free buying experience. TrueCar
powers car-buying programs for some of the largest U.S. membership
and service organizations, including AARP, American Express, AAA
and USAA. Not all program features are available in all states.
TrueCar is headquartered in Santa Monica, California, with offices
in San Francisco and Austin, Texas. For more information, go to
www.truecar.com. Follow us on Facebook or Twitter.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150903005822/en/
Sam’s ClubTara Raddohl, 1-800-331-0085
Walmart (NYSE:WMT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Walmart (NYSE:WMT)
Historical Stock Chart
From Sep 2023 to Sep 2024