Buying a demo car? The pros and cons of purchasing a demo model
Demo models are a great deal, and often in great condition, we discuss the advantages and disadvantages of buying a demo car and give you tips on how to get the best deal
Are you in the market for a great deal on a car? It can often be difficult to make the final decision when it comes to purchasing a new (or second hand) car. There are a number of options to choose from. You could buy a brand new one, a second hand one or you could go for a demo model.
Each of these options has its own pros and cons. But, if you are after finding the right demo model deal for you and your budget, then keep reading…
What is a demo car?
A demo car is a car used by dealerships to allow for potential buyers to test drive a new car. This way, they can experience the performance of the car. In some cases, managers of the dealership will also drive the demo models to work and back home.
Basically, the point of a demo model is to showcase the capabilities of a certain car and model.
The pros and cons of getting a demo car
● Great value-for-money
● Upper-spec models
Let’s discuss these points…
The first and most obvious advantage of a demo vehicle is getting the best bang for your buck. Meaning you are likely to get a great deal on a car in very good condition.
The cost of a demo is typically lower compared to the cost of a new car, the mileage is also lower compared to a second-hand car.
Simply put - a demo model is the perfect combination of a new car’s condition and a second-hand car’s price.
If you are looking at a specific car model but can’t afford the one with all the bells and whistles such as electric windows, a sound system of ABS brakes, then a demo model might be the one to look for!
Most dealerships will use the best model on their stand as the demo model to best showcase all the benefits of the car.
This means that you can buy a car with great specs but at a lower price compared to a new one.
Demo models are used to promote sales, meaning they are well looked after and maintained.
The bottom line
While most demo models are a great deal, it's a good idea to still get a few quotes to ensure your buy is worth your while.
● Shorter warranty
● Numerous drivers
● Higher mileage
Let’s discuss these points…
Most demo models will have a shorter warranty compared to a new car. Before you buy the car, check out what warranty is left on the car as this will impact the selling price.
Being used as a ‘test’ car demo cars have been driven by a number of different drivers and can sometimes be treated poorly.
Don’t forget that buying a demo means you are buying a car that has already done some distance.
Tips on finding the best demo deal
- Review the history of the car to find out if it really is a bargain - ask for a vehicle history report
- Check the warranty and services to date
- Compare the cost of the demo to the price of a new car with the same specs
- Inspect the car for signs of wear and tear and any scratches - find out if the car has undergone any repair work
- The make and model of a car are important - Toyota is well known for making durable and reliable cars, a Toyota Corolla or Yaris are both great options. Volkswagen also has a great reputation such as the VW Polo or Golf.
What it comes down to
Now that you have a good idea of the pros and cons of demo cars and have a good understanding of what to look for when it comes to finding the right deal, you should be able to make a well-informed decision.
There are some great deals to find out there, just make sure you do your research and trust your gut. Don’t go for the pretty and shiny deal. It’s easy for a great paint job to cover up a mechanical disaster.
It’s also a good idea to bring a friend with you when test driving a car for a second opinion.
And don’t forget to get your car insured the moment you buy it. A car is a huge commitment and a lot of money, so it’s good to be covered for the unexpected.
Have a look at our latest blog post: The ultimate checklist for buying a car: What to look for and how to test drive it the right way.
Yours in uncomplicated car insurance,