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CarSaver and Walmart Expand Program to Make Car Buying Easy

CarSaver to Open 250 Car Shopping Centers at Walmart Stores

Bentonville, Ark. and Miami, Fla. – March 21, 2018 – Walmart and CarSaver today announced they will expand a program that helps customers save time and money when buying a car.

CarSaver is the first and only one-stop-shop platform that helps Walmart customers save time and money when they buy, finance, lease and insure all the top brands of new and used cars. CarSaver uses a network of certified dealers, banks and insurance companies to provide transparent, up-front pricing and the highest level of customer service to Walmart customers. In addition, every vehicle purchased through CarSaver comes with a lifetime warranty.*

By skipping the often stressful, time-intensive car negotiation process, CarSaver is one of the latest ways Walmart customers can save time and money. According to CarSaver data and research, the average CarSaver customer has saved more than $3,500 off of MSRP on the purchase and $3,900 on repairs covered by CarSaver’s lifetime warranty.  

“We’re constantly looking for innovative services that help us save busy families money and time,” said Daniel Eckert, Senior Vice President, Walmart Services and Digital Acceleration. “CarSaver’s unique platform helps our customers understand the true cost of ownership, while also helping them save money with buying, financing, leasing and insuring a new or used vehicle.”

Customers can use Carsaver.com to find a car in seconds by comparing the vehicles with the biggest savings and the lowest prices. Once a customer finds what they want, they are connected with an “express manager” who makes it easy to test drive or pick up their car at a local certified dealership. CarSaver will soon help consumers sell their car by providing an “instant cash offer” from a large network of certified dealers who bid on their car.

“We are excited to work with Walmart to make car buying easier for their customers,” said Chad Collier, President, CarSaver. “We are leveraging the buying power of Walmart’s 140 million shoppers a week to get them great deals without wasting time negotiating.”

Ally Financial is currently offering gift card incentives to Walmart customers who finance through Ally using the CarSaver site. “We are honored to work with CarSaver to help make it easier for Walmart customers to get the car they want at a payment they can afford," said Tim Russi, president of auto finance at Ally, one of the largest auto finance providers in the country. “CarSaver is leading the way by providing a simple, transparent and innovative customer experience.”

 
In addition, a vehicle purchase program for Walmart associates will be launched shortly to help Walmart’s 1.5 million U.S. associates save time and money when buying a car. The CarSaver platform will also be available via a microsite on Walmart.com.

About CarSaver
CarSaver is a digital automotive marketplace that makes it easy to buy and sell new and used cars. CarSaver provides everyday low prices and a lifetime warranty on all the top brands of new and used cars through a network of certified dealers who provide the highest level of customer service. CarSaver customers save time and money when they buy, finance, insure and lease all in one site. CarSaver’s mobile marketplace integrates competitive offers from the top dealers, banks and insurance providers to provide an “all-in-one” experience for customers who receive up-front, transparent pricing information that includes all taxes and fees so there are no surprises at the dealership. Additional information about CarSaver can be found by visiting www.CarSaver.com, on Facebook at www.Facebook.com/CarSaver and on Instagram at CarSaverUSA. For Press inquires: press@carsaver.com

About Walmart
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, nearly 270 million customers and members visit our more than 11,700 stores under 59 banners in 28 countries and eCommerce websites. With fiscal year 2018 revenue of $500.3 billion, Walmart employs approximately 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.