Most people who hold American Express Cards didn’t even know about this one. I didn’t! The American Express Auto Purchasing Program makes car buying a relatively hassle-free experience.
Last fall I was shopping around for an Audi A4. I had test driven at a local dealer but was astounded when we sat to talk about numbers. The dealer’s best price was $625 per month on a 36 month lease! That dog won’t hunt!
So I had temporarily given up on my Audi ambitions, there is no way that $625 is a good price for that car. Maybe for an A6 thats loaded, but not the A4 I wanted (Manual transmissions only come on the A4 and A3 now). But then, enter the Amex APP. I found this via some hidden link on the American express site and gave it a try.
Basically, you go step by step through the process, you price the car you want by choosing all of the features… Then the system pairs you up with a local dealer. The dealer called me within an hour, and without any haggling we had a purchase price well, well under invoice.
Within a week I was driving my new, manual transmission A4 (silver, exactly what I wanted), and the lease cost was only $500.00 per month. Savings over the term of the lease? $4500.00. Thanks Amex!
Try it yourself, here: