When it comes to purchasing a new vehicle at a dealership, many people consider two options: new or pre-owned. Both options come with their own advantages and should definitely be considered, but did you know that there’s another lesser-known option at the dealership? The demo vehicle. And, depending on what you’re looking for, it may represent the best deal on the lot.
Demo vehicles (also known as demonstrators) are vehicles that have been driven on test drives by customers or as short-term daily drivers by dealership executives and are therefore offered at a reduced price. For the savvy buyer who knows what she wants, these should not be overlooked.
So, why buy a demo vehicle? Here are five reasons to consider.
Reduced Capital Cost
Everyone knows that the value of a new vehicle depreciates the moment the odometer starts ticking. Demo vehicles are no different. When the number on the odometer of a demo goes up, the overall cost goes down. Despite being like-new with most of the same benefits, many demos are markedly cheaper thanks to a reading of a few thousand kms on the dash.
No Freight Charge
Getting a car from the factory where it was assembled to the facility from which it will be sold is a large undertaking, and most of the time it isn’t free for the purchaser. New vehicles often include a Freight Charge in addition to the sticker price. When the vehicle has been used as a demo, however, the fee is removed.
No Pre-Delivery Inspection Charge
When new vehicles arrive at a dealership, they undergo what’s called a pre-delivery inspection (PDI), where the dealership’s certified technicians carefully examine the vehicle and ensure it’s properly setup and calibrated for delivery. For demo vehicles, the dealership absorbs this fee, not the purchaser.
All Rebates and Incentives Apply
It’s not a new car, but it is. Demos enjoy all the same rebates and incentives as new vehicles, so purchasers can take advantage of varying lease and finance options.
The Best Trims & Options
Because the purpose is to showcase a particular car’s notable strengths and perks, demo vehicles are often ordered in the top-of-the-line trim with the best options. These fully outfitted models are usually in short supply, so if you’re seeking a specific car with a specific package, colour or option, be sure to check out the available demos.
Check out our current Acura demo vehicles here.