The above video describes how Walmart’s CarSaver auto buying program works for certified dealers. To apply to become a certified dealer, click here.
Walmart, the largest retailer in the world, is rolling out an auto buying program, powered by CarSaver, for the 140 million customers who visit their superstores every week. The program will be promoted on Walmart.com and throughout Walmart superstores across the country starting in early 2019. Walmart also announced that CarSaver, their exclusive auto buying partner, will open up car shopping centers in the front of 250 of their larger Walmart super-centers across the country.
CarSaver is the first and only all-in-one platform that helps Walmart customers save time and money when they buy, finance, lease and insure all the top brands of new and used cars. CarSaver’s network of certified dealers, banks, and insurance companies will provide transparent, up-front pricing and the highest level of customer service to Walmart customers and employees.
By skipping the time-intensive car negotiation process, CarSaver is one of the latest ways Walmart is helping their customers save time and money. “We’re constantly looking for innovative services that help us save busy families money and time,” said Daniel Eckert, Senior Vice President, Walmart Services and Digital Acceleration. “CarSaver’s unique platform helps our customers understand the true cost of ownership, while also helping them save money with buying, financing, leasing, and insuring a new or used vehicle.”
CarSaver customers are connected with an “express manager” at a local certified dealership who makes it easy to test drive and pick up their car. Certified dealers agree to provide fair, upfront pricing to Walmart’s customers and in exchange, they receive exclusive leads and appointments that are only sent to their dealership. Dealers are reporting that these opportunities convert significantly higher than traditional leads that are sent to multiple dealers because CarSaver only sends one customer to one dealer. When customers buy from a certified dealer they pay a success fee of $350 for every vehicle sold, unless it is one of the few states that don’t allow performance-based fee structures, then it is a monthly subscription fee.
“We are excited to work with Walmart to make car buying easier for their customers,” said Chad Collier, President, CarSaver. “We are leveraging the buying power of Walmart’s 140 million shoppers a week to get them great deals without wasting time negotiating.”
Ally Financial is offering gift card incentives to Walmart customers who finance through Ally using the CarSaver site. “CarSaver is leading the way by providing a simple, transparent and innovative customer experience,” said Tim Russi, president of auto finance at Ally, one of the largest auto finance providers in the country. “We are honored to work with CarSaver to help make it easier for Walmart customers to get the car they want at a payment they can afford,” Hyundai is also providing $50 gift cards for consumers who test drive their vehicles and up to $500 in gift card incentives for consumers who buy select Hyundai’s. In addition, a vehicle purchase program for Walmart associates will be launched to help Walmart’s 1.5 million U.S. employees save time and money when buying a car.
CarSaver is accepting applications for dealers interested in becoming a certified dealer at www.CarSaverDealers.com. If a territory is not available, the dealerships will be added to a waitlist and notified when there is an opening. The company said that waitlist priority is given to earlier applications on a first come, first serve basis.
Author: Digital Dealer
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