The dealer bought it to capture incentives from VW. Loaner to Owner is where new car dealers post their loaner car inventory. Go to the manufacturer's website of the loaner vehicle type you want to purchase to locate a dealership phone number and address, if necessary. The second dealer couldn't sell it either and placed it on loaner duty. share. These loaner cars can be purchased by you at deep discounts but they also have a lot of other … US Sale. General Motors has been one of the most aggressive in offering dealers money to offer loan cars or increase their loaner car fleet. Consumer Reports has money-saving tips for getting the best deal and avoiding unnecessary extras when buying a car from a dealer. Any reason not to buy a car that was the dealership loaner vehicle? Here is an example of a car with a $20,000 MSRP (True Dealer Cost $16,000) that has 4,000 miles and has been on the lot for 4 months: Fair Profit Offer - $16,800 Mileage Adjustment Factor - 4,000 x $0.20 = $800.00 The car might even have been used as a loaner by the dealership's service department.

Seems like a good idea because I would think the dealership had kept up on maintenance, etc. Definition of a Demo Car, Program Car and Loaner. This wear and tear may not be visible at first, says Michael Royce, a former auto dealer on AutoBlog . The automakers cannot force a dealership to offer loan cars, so they have all come up with ways to entice the dealers to offer loaners. It's never had an owner (technically, the dealership was the first owner). but not sure if there's any downside? Cars new car dealers use as service loaners, eventually must be sold to make room for new models, but new car dealers often forget to put these vehicles in their inventory and keep them too long and that means a great deal for you! The second registration may have been dealer to dealer. Call ahead to check loaner car availability. 20 comments. The car may have been registered once to the original dealer after they couldn't sell it. Loaner vehicles--also known as courtesy cars--are dealer-owned models that stay on the dealership lot and are used exclusively for business purposes, including serving as temporary rentals for service-center clients whose personal vehicles will be in service for longer than they can afford to wait. So, you may feel you're getting a pristine car when you first inspect it, but … Car dealerships use demo cars for test drives when popular new models are in short supply, explains Chris Cutright, a former car salesman. Any dealer can make a car …