A little ways back I described my experience buying a car through Costco, which was generally positive. Now, via Reading Teal Leaves, I find that not everyone is happy with the program. In fact, a New Jersey woman is leading a class-action lawsuit against Costco, saying the program is deceptive, mainly due to advertising the cars at “$X00.00 over invoice” when in fact they may be much more than that. Here’s the suit. I wanted to quote from it but can’t figure out how to cut and paste from a PDF.
I will tell you that the individual leading the suit bought a Toyota Highlander Hybrid via Costco and was told it was $500 over invoice but after buying the vehicle she got a new purchase document showing an invoice price that was actually $2187 less than the price she paid.
I never understand these class-action lawsuits. This woman is the lead plaintiff but it doesn’t really say how her situation proves that this is a pattern with the Costco Auto Program, only that this was her experience. If you’re an attorney I’d love an explanation.
Anyway, I don’t know that I still have the relevant documents for the vehicle I bought from Costco (also a Toyota Highlander but not the Hybrid), so I can’t check how I did against invoice. It will be interesting to hear if this case gets anywhere.