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Zag, a privately held compang started in Santa Monica in allows customers to research and comparisom shop for the vehicle of their choicwe from their home or office and then buy it throughb a certified network dealeer atan up-front price. USAA began makintg Zag’s services available to its military memberasin 2007. USAA integrated the car-buying process with its insurancs operations to give members the opportunit to add coverage on their new USAA officials say thisonline car-buying experience routinely helps memberse save several thousand dollars per car, compared to membersa who do not use the car-buying Last year, USAA members saved nearly $19 milliojn off the average pric e paid by car-buyers “We started Zag to create a better way to buy a car, by makinhg the entire transaction convenieng and transparent,” says Scott Painter, CEO of Zag.
“The relationship with USAA is perfectfor us, because they believe in the importance of up-fronty pricing and transparency to save their members valuable time and money.” David Bohne, president of , says the company’w mission is to provide highly competitive productz and services to its members. Taking an equitty position in Zag helps fulfill that San Antonio-based USAA provides financial insurance, investments and banking producta to members of the U.S. military and theier families. The company has 6.8 million members.
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