Frequently Asked Questions by Car Buyers
What price vehicle can I buy?
The minimum priced car that is eligible in the Association’s program is $20,000 and the maximum is $50,000. (However, see the two questions below)
What if I want a car priced lower than $20,000?
If a buyer wants a car through the Association’s program that is priced lower than $20,000 then there will be an processing fee payable to the Association. That fee will be 7% of the difference between the sales price and $20,000.
What if I want a car priced over $50,000?
In this case, the member will have to combine their current referral with an additional referral
- For example, if you want a car priced at $65,700, then you would have to use two referrals
How do I get an additional referral?
Ask the Member who gave you your referral and he/she will get an additional referral for you.
Are there fees for a buyer to participate in the program?
No, there are no fees of any kind for the buyer to pay to participate in the program.
What kind of vehicle can I get?
Buyers will be able to use their referral to purchase a car, van, pick-up truck, SUV or hybrid from dealers from any of the manufacturers that participate in the program.
What about sales tax on my new car?
Normal sales tax applies to your purchase depending on your state laws.
What will be the price of my new car?
The actual purchase price that the program’s buyers will pay for their new car will be at or close to the manufacturer’s list price. Yes, I know, you could go to the dealer and get a better price. However, then you would be not be eligible for the 31% rebate program.
Where does my 31% rebate come from?
When a car is purchased by someone who is referred in to a dealer by a Member the automobile manufacturer sends a referral fee to the Car Buyer Club. We then share that money with the people who previously purchased a vehicle through our program.
When an Association Member refers you to a dealer you will receive a rebate from the Association equal to 31% of your cars’ list/purchase price. The rebate is paid in a series of $130.00 checks sent to you by the Association. When you have received a total of 31% of your car’s list/purchase price, then your rebate is paid in full.
These $130.00 rebate checks are part of the referral fees that the manufacturers send to the Association for referring buyers to their dealers and from which the Association pays a $130.00 rebate to each of four previous car buyers for a total of $520.00 (4 X $130.00 = $520.00). These four rebate check recipients were car buyers who bought their car prior to you buying yours.
The money to pay for your $130.00 rebate checks comes from buyers who were referred to a dealer by the down-line members of the same person who referred you to your dealer. The Association Member who referred you has as many as 120 people in his/her down-line – people who are Association Members that he or others have sponsored into the Association.
As these others Members refer buyers to dealers then you get a rebate check for each of those transactions till you have received your full 31% rebate. Your $130.00 rebate checks are paid out of the referral fee that the manufacturers send to the Association for the cars bought by people who bought after you did. Likewise when you bought your new car four previous buyer received a $130.00 rebate check each because of your purchase.
It may take several months to receive the full 31% rebate. The time for a buyer to get the full amount depends on how fast your referral’s down-line refers other buyers. However the Association guarantees that you will receive your full 31% rebate within six months of your purchase date.
Getting started is easy. Contact the Car Buyer Club member who talked with you…
OR Contact Us