Buying a demo

Comments

• kyfdx Moderator Posts: 236,830

  November 2018

  td3201 said:

  I’m looking at a 2018 Tahoe Premier with 4K miles. Dealer says the owner drove it. Looks clean. MSRP is 74,100. They are asking for 66,100. I thought about going back at 64,000. Factory warranty is reduced by 1,000 miles and start date on it is when I would buy it. Thoughts?

  Dealer says the owner drove it
  
  If the "owner" or "general manager" drove every car that a salesperson attributes to them, they'd never have time to sleep or eat.
  Not that it means a lot, but just assume that every demo has had at least 100 different drivers, before you get it.
  
  The best way to evaluate a demo, is to compare the price to what a brand-new unit would be.
  We don't follow pricing, but here is a good research tool:
  https://www.edmunds.com/tmv.html
  
  I'd very aggressive with my price offer on a demo.
  
  

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• imidazol97 Member Posts: 27,147

  November 2018 edited November 2018

  I'd take a look at 2018 Tahoes that are new on the lot as leftovers WITH a huge reduction in price now that 2019's are there. Usually there's a bunch of money on the trunk as well as advertised incentive money.
  
  Here some incentive info on edmunds.com, under research tab at top.
  
  https://www.edmunds.com/chevrolet/tahoe/2018/deals/
  
  https://www.edmunds.com/chevrolet/tahoe/2018/
  
  

  2014 Malibu 2LT, 2015 Cruze 2LT,

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• td3201 Member Posts: 2

  November 2018

  It looks like the true market value according to that tool is 67,800. I figured .40 per mile for the 4000 miles to discount from there.
  
  i figured they wouldn’t use a premier for a service loaner which is why I figured a single person drove it. Sound logic? 
  
  I will also check the others on the lot.

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• kyfdx Moderator Posts: 236,830

  November 2018

  td3201 said:

  It looks like the true market value according to that tool is 67,800. I figured .40 per mile for the 4000 miles to discount from there.
  
  i figured they wouldn’t use a premier for a service loaner which is why I figured a single person drove it. Sound logic? 
  
  I will also check the others on the lot.

  I wouldn't even guess at who drove the vehicle. You may be right, or not. If that's the sort of thing that worries you, then don't get a demo. It wouldn't bother me, at all. We bought a 2017 service loaner a year ago. It likely had 60 different drivers in the five months it was in service, before we got it.
  
  I agree with the 2018 model advice, above.

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