Taking Advantage of Uber Incentives
Last month, I helped one of my readers negotiate the price of their new vehicle (a 2017 Hyundai Santa Fe Sport). One of the dealers I was talking to mentioned that Hyundai was offering a $1,000 bonus cash for Uber drivers. I've had lots of conversations with Uber drivers in the past, and know how easy it is to become an Uber driver, so I told the reader to sign up as an Uber driver and see if we can get the discount.
Surprisingly, it worked! The reader was able to get an additional $1,000 off their vehicle simply by signing up as an Uber driver a few days before purchase. Here is the Uber signup form. As far as we can tell, you don't actually have to drive any Uber customers to qualify, just simply be approved to drive.
Kia, Toyota, Volkswagen, and Hyundai all offer Uber discounts, which can be used along with any other incentives you may qualify for. Kia has the most generous incentive, up to $2,000 on some models.
P.S. - If you plan to buy a new car this month and are interested in having me negotiate the price (for free), email me with the exact model you want and your zip code. I'm going to pick one or two readers each month to personally negotiate their vehicle (this is to help me improve my negotiation methods and stay on top of the latest dealer tactics)
Current Uber Incentives
|Kia||$500 to $2,000 on most models||7/5/16|
|Toyota||$750 on most models||7/5/16|
|Volkswagen||$500 below invoice on most models||1/5/17|
|Hyundai||$1,000 on all models||1/2/17|
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and NADAGuides are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid