- Costco’s auto program has added new electric vehicles to its members-only new car incentives.
- Four Cadillac EVs are eligible for a savings of up to $1,250 for Costco members.
- There are also three Volvo EVs on the list.
The Costco Auto Program, the US wholesale giant’s auto-related rebate program, offers its members incentives of up to $1,250 toward a new car. Cadillac EV, and a discount of up to $2,000 on a new vehicle Volvo Eve.
The incentives are available to non-executive and executive members through March 2, and apply to certain 2025 and 2026 model years. Better yet, Costco coupons can be bundled with manufacturer or distributor incentives, resulting in even more savings.
The Volvo EX90 is the most expensive electric car on the list, but it also gets the biggest incentive.
Photo by: Volvo
Costco Non-Executive Members are offered a $1,000 discount for a 2025 or 2026 purchase or lease. Cadillac Optic2025 Cadillac Fistic2025 or 2026 Cadillac Lyric2026 Cadillac Lyriq-V2026 Volvo EX40or Volvo EX30. Executive members get a slightly better deal – a $1,250 discount.
Furthermore, non-executive members can receive a discount of $1,500 on a 2025 or 2026 Volvo EX90 SUV, while executive members can avail a discount of $2,000.
To avail discounts, members need to register online at Costco Marketplace for Electric Vehicleswhere they will receive a promotional certificate containing a unique promotional code. The certificate can then be used at any participating Cadillac or Volvo dealer to purchase or lease a qualifying electric vehicle.
To make things even more attractive, all Cadillac models eligible for the Costco member rebate also come with a $2,000 rebate if the buyer currently owns a qualifying vehicle from a competitive luxury brand. There is also 2.9% APR financing for 60 months, and a $2,000 cash allowance for well-qualified buyers.
Meanwhile, in the Volvo world, financing rates start at 0.99% APR for the EX30 and EX40 crossovers, or buyers can opt for a $2,000 purchase allowance. The 2025 Volvo EX90 SUV gets an even better deal, with a 0% APR for up to 72 months or up to $7,500 in bonuses.
Costco’s car program has been around for decades, offering discounts and offers to car shoppers across the United States. Earlier this year, the supermarket began offering discounts on a selection of approved-used cars, including electric cars.
