American Express Auto Purchasing Program Ending: Are Mercedes Incentives Affected?

The American Express Auto Purchasing Program is set to be decommissioned on April 28, 2025, marking a significant change for cardholders who may have utilized this service for vehicle purchases. This announcement raises questions, especially for those interested in leveraging potential incentives when purchasing luxury vehicles like Mercedes-Benz. While the direct American Express Mercedes Incentive through this program might be ending, it’s crucial to understand the details and explore alternative avenues for savings.

Effective April 28, 2025, the American Express Auto Purchasing Program will no longer be available. Any existing offers or upfront price quotations obtained through the program will expire on their stated end dates. For purchases already in progress, TrueCar’s Buyer’s Bonus benefits will remain applicable for reported purchases completed via the American Express Auto Purchasing Program until June 19, 2025. It is important to note that for purchases made through the program before its decommissioning date, you must report them by calling 1-877-924-2922 within 45 days of the purchase, specifically for those completed from April 28, 2025 onwards.

This change means that the specific channel facilitated by American Express and TrueCar for auto purchases will cease to exist. However, it is essential to understand that American Express itself offers various card benefits and potential partnerships. For inquiries regarding the American Express Auto Purchasing Program, you are directed to call 1-877-924-2922. For general questions about your American Express Card and its benefits, the contact number is 1-800-528-4800.

TrueCar, Inc., the operator of the information website linked to the purchasing program, clarifies that they, along with American Express, do not directly broker, sell, or lease vehicles. The service primarily provides pricing, performance, and technical data. Vehicle sales are conducted by licensed motor vehicle dealers, and pricing is ultimately negotiated between the buyer and the dealer. American Express does not guarantee any aspect of the vehicle purchase itself, and the fulfillment of benefits was the responsibility of TrueCar and participating dealers. The opportunity to utilize your American Express card for a minimum of $2,000 of the purchase price was also managed by the participating dealers, subject to credit limitations.

While the American Express Auto Purchasing Program is ending, those interested in purchasing a Mercedes-Benz and seeking incentives should still explore options directly with Mercedes-Benz dealerships and through American Express. It’s advisable to inquire with Mercedes-Benz dealers about any current promotions or financing incentives that may be available when using an American Express card for purchase or down payment. Cardholders should also review their American Express card benefits, as there might be ongoing offers or rewards programs that can be advantageous for large purchases like vehicles. Staying informed about both Mercedes-Benz incentives and American Express card benefits will be key to maximizing potential savings even after the Auto Purchasing Program concludes.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *