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New as in unregistered.... Posted by Mike Lynch [Email] ![]() ![]() In Reply to: Re: Yea JB, details....., wrtctr, Tue, 28 Sep 2004 09:42:52 Members do not see ads below this line. - Help Keep This Site Online - Signup |
New doesn't always refer to the miles. New means unregistered, so a demo that hasn't been registered may have 5,000 miles or more, but is still considered a new car, although in California it must be sold with a demo statement.
If a customer buys a car and is able to return it with say 150 miles, it's a used car, as in previously registered. It may have less miles than a new car that's been on a bunch of test drives, but it will still be used, previously registered and the factory warranty clock has started.
Sometimes dealers acquire very low mileage (187 miles or less) under unusual circumstances. I placed a bid a brand new Aero convertible, at a Lexus dealer, that will have been registered, technically making it used The Aero Vert was a replacement car from Saab for a previous Aero Vert with issues, but the owner is unwilling to continue with Saab and is trading in, an essentially brand new car, on a Lexus SC430.
Another scenario with new/used cars often happens with last years cars, which would be 2003's right now. Sometimes Saab will offer a greater incentive than the end of the year bonus. For example on 2003 Verts there was a $7k end of the year incentive, but only a 10% or $4k carry over allowance. If a Saab dealer takes the carryover then the car remains brand new and unregistered. For a Saab dealer to take the incentive they have to report the car sold, register it, and start the warranty clock, but for an extra $3k vs the carry over, it's worth it.
So there will sit what is essentially a brand new car, never having had an owner, maybe even no test drive mileage, but it's plated, registered and the warranty has started, and the state definitely considers it a used car.
So when someone like JB says he got $8k off an Arc, I wonder what the catch is. The "Art of the Deal" often involves showing an unbelievable discount on the price, while your hand hides the trade in or interest rate. Or as described above, perhaps the car isn't totally new. Stuff happens!
posted by 63.197.222...
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