
Costco is offering a promotion on Chevy Corvette E-Rays.
The next time you go to Costco, you can indulge in endless free samples, stock up on mac and cheese for the year, and score a great deal on a Chevrolet Corvette. Warehouse members can access a substantial discount on certain new Corvettes, including the hybrid E-Ray.
Beginning February 24, 2025, shoppers with an Executive membership can receive a $3,000 discount on the purchase or lease of a 2024 or 2025 Corvette LT or E-Ray, as reported by CarsDirect. For Gold Star and Business members, the discount is $2,750. To put this into perspective, the base price for the 2025 LT is $69,995, which includes destination fees, while the starting price for the 2025 E-Ray is $108,595. The Z06 and ZR1 models are not part of this offer.
However, don’t expect to see a brand-new Corvette next to a stack of 40 cases of Kirkland prosecco during your shopping trip; you must visit a Chevrolet dealer to order one. To receive the discount, you will need to register for the promotion on Costco’s website, where you can print out a certificate containing a unique code. You can then present this certificate to the dealership, which will apply the discount to your total cost. It's important to note that only those who were Costco members as of February 23, 2025, are eligible for the discount, although they can transfer it to a household member. Furthermore, the promotion is only valid if you take delivery before April 30.
According to CarsDirect, some buyers may also qualify for additional discounts that can be combined. Owners or leasers of a 2010 or newer Camaro can receive a $2,500 discount when purchasing or leasing a 2024 Corvette. This is essentially Chevrolet's way of encouraging buyers to stay with their brand rather than switching to a Mustang at a Ford dealership. Additionally, there is a $1,500 GM Lease Loyalty discount available. If you qualify for the Camaro, Costco, and lease discounts, you could save $7,000 on a new 2024 Corvette, which is 10% off the MSRP. Moreover, as we’re discussing the previous model year, there might be an opportunity for further negotiation for an extra discount if the dealership is eager to move the car.
Costco is also assisting General Motors in reducing the inventory of electric vehicles. Executive Members can enjoy a $1,250 discount on models like the Equinox EV, Blazer EV, Silverado EV, Sierra EV, and Hummer EV. Gold Star members are eligible as well, but their discount is limited to $1,000.
This isn't the first instance of a major retailer collaborating with an automaker. While Costco is cautiously venturing into the automotive sector by offering discounts, Sears made a bold leap when it introduced the Allstate car, which was sold through some of its stores in the Southeast and Southwest. Launched in 1952, this two-door sedan was a badge-engineered variant of Kaiser-Frazer’s Henry J, featuring several Sears-specific design elements such as the grille and upholstery. Unfortunately, sales fell short of expectations, leading to the end of Allstate production in 1953.
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