My American Express Car Buying Service Experience: Amex vs. Carsdirect.com and Costco
So recently I was in the market for a new car. Now, I know that many will argue the merits of only buying used cars because of the steep and immediate depreciation hit you take the minute you leave the lot with a new car. Well, in general, I prefer to buy new because I don’t trust my ability to evaluate the mechanical condition of a used car. Plus, it’s just a lot easier to comparison shop for new cars. I also keep my cars for a long time, so the depreciation is less of an issue.
Another problem I face when buying a car is that I hate haggling. Personally, I’d rather pay a slight premium for a more convenient transaction. Which is why I decided to explore the subject of this post: a review and comparison of a few of the “no-haggle” price car purchase programs on the market.
Carsdirect.com
The most established online program seems to be from Carsdirect.com. On their