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|
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow 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