The majority of car dealers offer potential customers demo cars at much more affordable prices. With the sole purpose of saving money, a lot of clients might consider buying demo cars in favour of new vehicles, as the prices can be surely attractive! Still, there are a couple of aspects you shouldn’t miss taking into consideration before actually making an investment.
History of the car
Before making your purchase, you should discuss the history of the car with the dealer. How often was the car used? The car might have technical issues if it has been used for a significant amount of time. Normally, every dealer should have official paperwork to prove the activity of the demo car.
If you’re set on buying a demo, make sure you negotiate the asking price of the vehicle. Most dealers would prefer to sell the vehicle as a demonstrator rather than a used vehicle so use that to your advantage. especially towards the end of a calender year.
Research is always in order when making an important purchase, it is more important is this instance as a car is usually the second largest purchase someone will make in life. Reseaching prices can come from speaking with several locals dealers, a car finance and vehicle broker, online sales portals such as carsales.com.au, there is also redbook.com.au that specialises in vehicle valuations and editorial sites such as themotorreport.com.au that will provide you with RRP (recommended retail prices) and enough information on vehicles that will make you go cross eyed.
You shouldn’t miss attentively analysing what differentiates the new car from the demo version. Let’s say that the difference between the prices of the new vs. demo car is not that significant, in this situation, it would be advisable to opt for purchasing the new vehicle. Research the market attentively and don’t rush in making your decision.
Another piece of advice would be to make sure you make your purchase from a reputable car dealer. In the worst case scenario the demo car ends up being a lemon, you need to be sure that you can come back to the dealer and have your problem sorted out. Rest easy though that most new & demonstrator vehicles come with a 3-5 year manufacturers warranty. A reputable dealer however will make the process of mechanical repair much easier than a dealer that is all about sales and not after-sale service.
When inspecting the demo car you have in mind, keep in mind the following indicators:
- The engine must start easily, without releasing disturbing noise or smoke.
- Make sure that the car hasnt been through any major accidents
- Tyre quality.
- Check the battery life.
- Pay attention to the exterior of the car, make sure the paint is in the same shade on all the car surface and their are no scratches
- Check all electrical components.
- Make sure the audio system functions properly