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Originally Posted by ttimbo
I'm very happy to buy stock or demo vehicles — with a deep discount
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If a demo is discounted significantly beyond a discounted BTO vehicle, it can be a value proposition for some owners (i.e. someone who turn cars over regularly).
If the best price today for 2020 built M2`C in metallic paint is $103,000 drive away. A brand new 2019 M2C with no mileage would have to be $10,000 less (say $93,000 OTR). If the car is a demo with 3,000kms, I would want another $10,000 off the price (say $83,000 OTR) - I'm being generous here. Just the GST and LCT adds up more than $10k. I'm sure we all know how much depreciation there is on a $100k car the moment it is driven out of the dealership.
The demo car is a used car with low mileage. It was registered, and it was driven. The new car warranty is shorter too. Of course, the salesperson wants us to accept that a demo car is still new.
Quote:
Originally Posted by ttimbo
It all depends how long you are going to keep the car.
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If someone is planning to keep their M2C beyond the warranty period, they might think differently to someone swapping cars every 18 months.
Ultimately, the buyers decide what works for them.
