Walmart plans to expand its CarSaver service to 250 Walmart stores, reported Automotive News. The car-buying program began last year in 14 stores, partnering with dealerships.
Buyers who enroll in the CarSaver service can buy or lease a new or used car and get financing and insurance for it, along with a lifetime warranty that covers major repairs for as long as the buyer owns it. Buyers first look for a car at www.carsaver.com and then are connected with an express manager, who arranges for a test drive at a local dealership. Walmart soon plans to offer consumers a way to sell their vehicle by letting dealerships it certifies bid on it.
Walmart has special requirements for participating dealerships. The dealerships must agree to Walmart’s prearranged “low pricing” for each vehicle. Each store must have a specially designated program manager who is fluent in both English and Spanish. And the dealership must ensure a no-pressure, no-obligation buying process.
CarSaver Shopping Centers are currently operated in Walmart stores in Arizona, Florida and Oklahoma.
Download Bulletin PDF