Costco Has Become An Unlikely Car Sales Powerhouse

  • 9 years ago
According to Bloomberg, the warehouse chain Costco has become a powerful hub of new car sales, with nearly 400,000 vehicles sold in 2014 due to their no-haggle, lower price approach.

Costco has quietly become one of the leading hubs of new car sales in the country. 

Bloomberg reports that the warehouse chain enabled selling of nearly 400,000 automobiles in 2014.  

Industry experts attribute Costco’s success to its straightforward approach that minimizes the haggling and pressure consumers dread.

The retailer also ensures that its 45 million-plus members are getting prices that are typically lower than the listed sticker amount and less than what competitors are offering by leveraging its massive purchasing power. 

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