Costco Auto Program Reports Better Than Average Battery-Electric Vehicle Demand

Costco’s Auto Program helps members find deals on new vehicles, including EVs. Battery-electric vehicles are proving to be popular.

In March, the national average for battery-electric vehicle sales as a percent of the total vehicles sold in America was about 7%. However, California's sales skew the average to appear higher than it is in many other states. Costco’s Auto Program is edging past the average. In March, the company reported that 8% of the vehicles sold through its program were battery-electric.

“While Costco members continue to purchase Internal Combustion Engine (I.C.E) Vehicles, like the Audi Q5 available through the promotion, we are seeing high demand for BEVs,” said Jay Maxwell, General Manager at Costco Auto Program. “In March, BEVs represented 13 percent of our Audi promotional sales.”

Costco had been partnering with Audi to provide deals on new vehicles. The Audi program ended on May 1st, but Volvo is presently offering Costco-member-only incentives of $1,000 or $2,500 on select new Volvo sedans, SUVs, EVs, and wagons models. Included in the program are the Volvo XC40 Recharge and C40 Recharge. These special deals will run through the end of July.

Costco works with 3,000 U.S. dealerships. And the deals are not just limited to new cars. Pre-owned vehicles and even RVs are included in the savings program. Costco members can even save up to 15% on parts and accessory purchases up to $500.

The best news of all is that if you qualify for manufacturer incentives, the Costco Auto Program discounting can still apply. 19 brands, including mainstream ones like Jeep and Toyota, are part of the program, as are some pretty exotic brands such as Alfa Romeo.

To get started, visit the Costco Auto Program website.

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John Goreham is an experienced New England Motor Press Association member and expert vehicle tester. John completed an engineering program with a focus on electric vehicles, followed by two decades of work in high-tech, biopharma, and the automotive supply chain before becoming a news contributor. In addition to his ten years of work at Torque News, John has published thousands of articles and reviews at American news outlets. He is known for offering unfiltered opinions on vehicle topics. You can follow John on Twitter, and TikTok @ToknCars, and view his credentials at Linkedin

Image of Costco Auto Program courtesy of Costco.