The program known as the Costco Auto Program is in its fourth year.
The company is currently paying out more than $5 billion to dealerships across the country, which has helped make it one of the most popular auto financing programs in the U.S.
The program, which offers $500,000 to every eligible owner, began in 2013 and now offers more than 10 million transactions per month, according to the program’s website.
The program also offers $200,000 cash assistance and free financing for up to $2,000 in purchases, according.
In 2018, the company said the program received more than 2.2 million applications.
The dealership program has been the subject of controversy in recent years.
Last year, the U in the United States was the subject to a government-wide recall after a woman was diagnosed with a rare, rare cancer, and died.
She was found to have the disease in her body and had used the program to buy medical supplies and drugs, the Los Angeles Times reported.
The recall also involved the company’s purchase of more than 200,000 faulty, defective and defective product replacements and the sale of faulty and defective auto parts.
Costco, which also has its own auto-repair business, is not the only auto manufacturer to face recalls in recent times.
In June, Volkswagen was fined $16.4 billion by the U of T over the dieselgate scandal that saw the company found guilty of rigging emissions tests and cheating on emissions testing.
The German automaker has since said it will pay the fine and admit no wrongdoing.
In April, General Motors announced it would stop using the program after it discovered the program had been misused.