Turns out that saving money on a new car purchase needs not involve hours of haggling in the back offices of your local car dealership. No, according to Brad Wilson, the author of Do More, Spend Less: The New Secrets of Living the Good Life for Less, thousands of dollars can be saved in many other ways.
Car Discounts for Outdoor Enthusiasts
Wilson says that joining organizations that offer preferred pricing on new vehicles is a great way to save money. For example, individual members of Tread Lightly, a nonprofit promoting sustainable outdoor recreation, are able to buy or lease many new Jeep, FIAT, Ram, SRT, Dodge, and Chrysler vehicles at 1 percent below the factory invoice. Compounding these savings is the fact that dealers will permit buyers to take advantage of other deals in conjunction with Tread Lightly’s offer.
Car Discounts for Military Personnel
Being a member of USAA, a financial services organization serving military members and their families, is another great way to save THOUSANDS of dollars on the purchase of a new vehicle. USAA members can receive discounts of up to $4,000 on new MINI, BMW, Dodge, FIAT, Buick, smart, Chevrolet, Chrysler, GMC, Jeep, Mercedes-Benz, and RAM vehicles. USAA has ranked as a JD Power Customer Service Champion in 2011-12, and the company is widely known as one of the best banking institutions in the country. They also offer great rates on auto loans.
Car Discounts for Brand Enthusiasts
Other organizations offering car buying perks are Mercedes-Benz Club of America and BMW Car Club of America. BMWCCA members can enjoy a .15% APR discount on vehicles financed (or refinanced) through XCEL Federal Credit Union, as well as insurance discounts through Liberty Mutual. MBCA members with 12 consecutive months of membership underneath their belts can enjoy a discount of $550 off the lease or purchase price of many Mercedes models.
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