July 21, 2021
Much economic hardship has resulted from the pandemic that has ravaged society for well over 12 months. It’s no wonder that everywhere people are looking for bargains to save money. Demo cars are known to be cheaper than the brand-new equivalent and hence are much sought after. But, on the flip side, are there any reasons why a motorist should perhaps not buy a demo car in 2021? Read more to find out.1
These are new cars that dealership managers and salespeople have used for the apparent reason of demonstrating the car to prospective buyers who would like to take the car through its paces. This tendency to provide cars as demo models to many dealership staff is decreasing, though.
The manager or salesman may well convince you that the car is ‘just out of the box,’ that it has been hardly used, or otherwise has been fastidiously looked after by the dealership executive. Finally, you may be told that you will secure a more significant deal by buying this demo than a brand-new car. Can we believe those words? Not according to an article by ‘autoblog.com.’1
According to ‘autoblog.com.’1, the discount offered is not necessarily that much less than the price of a new car.
The demo model being offered to you has accumulated some mileage, which some manufacturers deduct from the allocated mileage allocated to you under the warranty.
It’s only human nature to drive a car carelessly when it does not belong to you. So what do you care if you brake badly, accelerate unnecessarily, or grind the gears?
The demo car is new, and has been used by the dealership’s executive, managers, and salesmen. But it has never been registered with the Government. A second-hand car can be any used car that has been registered with the traffic authorities.
Complexity is what typifies car insurance, and that’s why this article would be too simplistic and can only be treated as general information. Similarly, you should not buy a car insurance product without first obtaining the necessary professional advice from a certified financial adviser.
Whether you buy a demo model or a new car, they still require the financial protection of adequate cover. Without financial cover, motorists put themselves at significant financial risk. For this reason, if you need any information, contact PMD and discover more about affordable, comprehensive car insurance.
November 7, 2023
November 7, 2023