Dealer Demo - How much of a discount on average?

dallagator

Looking at a 2015 Santa Fe Sport Turbo Tech demo that one of the Mngrs at dealership has been driving. Has 3200 miles on it. Sales guy said the demo discount is only about $250 - 500. Sounds to me like it should be a good bit higher. Sure it hasn't been titled, but that doesn't change the fact that someone else put 3K miles on it. Thanks in advance for any help on this.

stever

Seems like demos are often overpriced. I'd want at least fifty cents a mile off. Best check to see when the warranty start date is too.

dallagator

Thanks- Guy is lowballing me. Np. That's his job but I'm not buying at $500 off either. And good point about warranty. Hadn't even thought about that.

kyfdx

dallagator said:

Thanks- Guy is lowballing me. Np. That's his job but I'm not buying at $500 off either. And good point about warranty. Hadn't even thought about that.

$0.30/mile is usually the best you'll see in additional discounts, in my experience. On a lease, it can make a lot of sense to get a demo/loaner.... but, I usually can't make a case for it on a purchase.

Mr_Shiftright

$500? What's the point. Buy a new one. Basically the dealer wants you to take the 3,000 mile depreciation hit on top of the normal depreciation hit that any new car suffers once it's ten feet away from the dealer's driveway.

Warranties start from the "date of service" so if you do buy a demo, check what that date will be.

stever

Agree - shoot, you're basically buying a rental car. May as well just buy a new one for the difference in price.

dallagator

Thanks for all the responses. Agree, going with new one now.

shuale_ejs

I got a lease deal on a demo yesterday. 2015 Santa Fe Ultimate AWD 2.0T 4,000 miles - 393/mth inc. tire protection and 8% tax. I think that's good...what do you think?

Michaell

shuale_ejs said:

I got a lease deal on a demo yesterday. 2015 Santa Fe Ultimate AWD 2.0T 4,000 miles - 393/mth inc. tire protection and 8% tax. I think that's good...what do you think?

How much of a discount from sticker did you get for the 4000 miles?