Costco Is Handing Out GM EV Discounts But Only If You Beat The Clock

Summer is just around the corner, and while that’s good news for many, the bad news is that price hikes across most major car brands are also seemingly just around the corner. Thankfully, Costco is once again rolling out limited-time discounts on select Chevrolet, Cadillac, and GMC models, offering savings of up to $1,250 for members.

The Costco Auto Program is meant to simplify car buying by sidestepping dealership haggling and offering fixed discounts to members. Between June 3 and July 31, Gold Star and Business members can shave $1,000 off eligible models. Executive members get a slightly larger discount of up to $1,250.

Read: Costco Offers Up To $2,000 Off New Audis

To benefit, members need to visit the Costco website, register their details, select their preferred model, and then be sent a savings certificate with a unique promo code. Shoppers will then get the discount when they present this certificate at any of the dealers from the three brands. But not all models are eligible.

At Chevrolet, the $1,000 and $1,250 discounts are available for the Colorado, Silverado EV, Blazer EV, and Equinox EV. There are also savings valued at up to $3,000 for the Chevrolet BrightDrop 400 and BrightDrop 600 delivery vans, but only businesses are expected to purchase them.

Over at GMC, the Sierra EV, Hummer EV Pickup, and Hummer EV SUV are the three models available with the new Costco incentives. Then there’s Cadillac, where only the all-electric Optiq and Vistiq are eligible. Importantly, the Costco savings can be stacked with any other incentive a buyer may be eligible for.

For those thinking about signing up for Costco just to take advantage of this offer, the timing won’t work out. Eligibility requires an active membership as of June 2, so new sign-ups won’t be able to use the discount this time around.