You’ve been eyeing a car in a dealership’s showroom for quite a while and are about to buy it. But wait – what about buying a car that is also new but costs less than the showroom price? Everyone is experiencing tough financial times in this economic climate, so saving some money will come as great news. Read on to discover why a demo model is a good option.1
Demo Cars Are Kept As New
Even though staff and prospective buyers drive demo cars, the dealership keeps them in perfect working order before selling them so that their sales price is not affected. 1
Demo Cars Have Low Mileage
Most dealerships keep their demo cars until they’ve reached a mileage of under 5,000 km. This is to make sure there is minimal wear and tear. 1
You’ll Also Enjoy Some Extra Features
Because dealers want to display a particular model’s unique bells and whistles, demo cars usually have many additional features at no extra cost to you. These could include improved upholstery, a high-quality sound system, excellent paint finishes, and steering control buttons instead of a standard steering wheel. 1
No Risk Of Paying For Factory Defects
Sometimes, a brand-new car breaks down soon after you’ve bought it. Naturally, this can be highly frustrating when this is your dream car. This risk is mostly eliminated with a demo car because the dealership will likely have corrected any early car defects. Knowing this puts you at rest as the new owner of a demo car. 1
You Benefit From A Demo Car’s Depreciation
It’s well-known that a brand-new car you drive off the showroom floor immediately depreciates in value. New cars lose up to 15-30% of their sales price value within a year. This also applies to a demo model, which depreciates over the few months the dealership uses it. So, buying a demo model could save you thousands of Rands. 1
Buying A Demo Car Is The Same As Buying A New Car
Buying a demo car means the remaining warranty and service plan will cost you less. The dealership has only used a fraction of the periods of time and kilometres they cover, so this won’t affect you. 1
No One Will Know You Have Bought A Demo Car
A dealership’s use of a demo car is so minimal that it’s virtually identical to its brand-new counterpart. No one will notice you’ve bought a demo car, except if they read the odometer. 1
Disclaimer
This article explains what you need to know when buying a demo car. 1
Whether you buy a new or demo car doesn’t matter – they both need good cover. The demo car must be insured before it even leaves the showroom floor. Contact us at PMD and allow us to share with you our world-class client service. We can provide information about our affordable car insurance products, which come with unique benefits, such as fixed premiums* and a reduce-to-zero excess*. T’s and C’s apply.
If you wish to buy a suitable financial services product, first consult a certified financial advisor for professional advice.
Source:
1https://www.motusselect.co.za/blog/reasons-why-buying-a-demo-car-is-the-same-as-buying-a-new-one
This article was prepared by Eric Sandmann in his personal capacity. The views and opinions expressed in this article are the author’s own. The views and opinions in the article should not be attributed to anyone but the author unless expressly stated. Nothing in this article should be relied upon as advice, this publication is presented for informational purposes only. No person should act or refrain from acting in reliance on any information found in this article, without first obtaining proper financial advice from the appropriate professional. The author makes no claims, promises or guarantees about the accuracy, or completeness, of any information linked from, referred to, or contained in this article. The author reserves the right, to edit and change the content of this article.
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