Are ex demo cars worth buying?
Is an ex-demo car a good deal.
Ex-demo cars are usually high-spec models because dealers want to show off the best options and packages to potential customers.
Finally, ex-demo cars will usually have covered fewer miles than their similar aged used-car-market counterparts, so you’ll benefit from owning a ‘newer’ car..
Why are ex demo cars cheap?
Cheaper price When buying a car, the majority of people will naturally lean towards anything that will save them money. … In which case, an ex-demonstrator vehicle is your best option, since they have already been used an ex-demonstrator vehicle is sold for a cheaper price.
How many miles can a demo car have?
Buying a demo car vs buying a brand new car. While there are no hard and fast rules for demo cars, a good rule of thumb is to look for a demo car that’s within 2-3 months of arriving at the dealership, and has no more than 5,000km on the odometer.
What should you not say to a car salesman?
10 Things You Should Never Say to a Car Salesman“I really love this car” You can love that car — just don’t tell the salesman. … “I don’t know that much about cars” … “My trade-in is outside” … “I don’t want to get taken to the cleaners” … “My credit isn’t that good” … “I’m paying cash” … “I need to buy a car today” … “I need a monthly payment under $350”More items…•
Why do dealers pre register cars?
Franchised dealers regularly buy and register cars themselves because it allows them to meet sales targets imposed by the manufacturer they represent. Meeting those targets means dealers pocket worthwhile cash bonuses from their manufacturer.
Is it OK to buy a demo car?
Demo or Program Cars Can Be a Good Deal — Under the Right Conditions. You’re on the dealer lot or website and come across an intriguing used car. … The price of demo cars can be less because the dealership sales managers use them for test-drives, putting as much as 3,000 miles on the odometer.
What does a demo car mean?
What is a demo car? Demos are new cars that have been driven by the dealership’s staff or as test-drive vehicles by interested customers. Often they are used as a salesperson’s personal vehicle and can have hundreds to several thousand miles on them.
How much can you negotiate on a demo car?
What Should You Pay for a Demo Car? A good way to figure out what you should pay is to see what a comparable new car is selling for. Generally, you’ll want a discount of 25 to 40 cents per mile driven. On a vehicle driven 5,000 miles, this comes out to a discount of between $1,250 and $2,000.
What month is it best to buy a car?
Looking for a deal on a new car? The absolute best time to buy is December, but you can save big other times too.