I'm looking at purchasing a new Mitsubishi ASX and thinking of getting an ex-demo to save some money.
Is there any wiggle room in the price with an ex-demo or should I be avoiding an ex-demo car for any reason?
Is there a difference in how to get the price down on an ex-demo vs a brand new car?
Thanks for any tips!
When I bought my Elantra Elite, RRP was $27k I believe, I picked up my demo car with just 28km for $22,500.
Get a Toyota CHR
Be prepared to walk away if they won't give you the price you want and then try another dealer
Shop around. So far picked up one brand new top of the range off the show room floor for cheaper than demo and the model below it. And another had to order, but got it cheaper than an ex demo too by a few k. Best bet to save is to get ex demo and run out. New model ASX is just about to come out, so you will be looking at runout/exdemo which means you should be really able to screw them down by 5 to 10k at least depending on the model. Shop between the dealers
prob better to get a 1 year old asx…
Think once you buy the mitisbshit you go and trade it in for a toyota corolla That's probably the best deal you'll be able to get.
note: just providing comical relief, not serious advice.
Demo is all the benefits of the new car capped service, warranty, road side assistance etc - HOWEVER personally i wouldnt buy a demo if it has done more then 5000km (i would consider that used) and it would of had to of been built in the current year ie built in 2019.
otherwise you can knock off 5-15% off the price or get extras you are after thrown in at a decent deal.
Wow interesting thread. So much emotion in vehicle purchasing. Always find it interesting that people who walk into a dealership every few years to buy a car seem to think they are experts, as opposed to the Salesperson who is constantly negotiating on a daily basis.
As for a demo there is no magic wand. Different manufacturers different demo programmes.
Broadly speaking a dealer depending on his status, Metro regional rural etc, will be able to register a given number of vehicles per year perhaps with a mix of models,
and will receive a rebate from the manufacturer, which increases the margin. He can register more, but will not receive any rebate from the manufacturer.
The dealership will the write back the vehicles each month, by about 2%. So obviously the longer it is registered the cheaper it becomes, but of course, mileage is increasing , registration is being used, etc etc.
As a buyer you have to make the decision as to wether it’s a good deal for you, as in any purchase.
Spackbase has copped a hammering here and I don’t understand why. He is simply stating facts as opposed to emotional venting.
For the record, all dealers, regardless of Brand, dealership size etc, pay exactly the same invoice price for their cars. There would be Dealership anarchy otherwise. How much of the margin they choose to keep or give away, is up to the dealer.
Owners manuals are not filled in until a demo is onsold, and the dealer does not pay stamp duty on a demo, it is payed by the new owner when on sold.
We bought one of our cars a few years back and managed a 15% discount on a $34k car. We're now looking at a close to $70k car, have tried 2 different dealers and struggling to even get anywhere over 10%.. We must be doing something wrong lol