Difference between loaner / demo and what should I pay attention to?

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1

Hi guys,

Sorry for the newbie question. I just want to understand the options of demo or loaner. So, here it goes:

  1. What is the difference between demo and loaner?
  2. What is the downside of leasing those (just the fact that they are slight used)?
  3. As I understand, getting a loner/demo open up 2019 models for me, right?
    otherwise, getting a car from a dealer that would have to be a 2020 model right now…

Thanks !
Max

2

Who drove it (most). A (service) loaner was most likely driven by many customers, a (/an executive) demo was most likely driven by 1 manager at the dealership.

Assuming the brand’s captive still has leasing support for 2019s, and the brand’s captive leases loaners and/or demos, yes.

3

These questions have been answered many times before. Some of it is going to depend on the make/model, some 2019’s can be leased, some cannot. Some makes leasing a demo might cost you more. Also, the terms demo/loaner can be used interchangeably, depends on the honesty of the dealer. Cars marked as loaners might be used as a demo or vice versa, or the dealer might say it’s a demo when it was actually a loaner. Any car with miles will be considered a fart car :dash:

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4

Thanks for the replies, all clear now !
Also just found this article here

5

For regular car people the difference between loaner and demo are not that important. The discounts you ask for will mainly depend on the miles the cars have. There may also be leasing programs that apply to loaners but not to demos…maybe we can get some dealer input on this one…
In CA, a loaner is a car registered by the dealer. A demo is not registered yet. This is especially important for EV rebates since the state rebates are only for new, unregistered cars…so while demos are included, loaners are excluded.