Do auto dealers ever sell their loaner cars?
On One Hand: Loaner Cars Can be SoldLoaner cars are vehicles that dealers take from their new inventory and lend to customers. There is a difference between a loaner and demo vehicle, as a demo is usually driven only by employees of the dealership. Dealers sell their loaner vehicles, usually for what appears to be a discounted price, depending on the time of year.On the Other: The Dealer May Wait to SellBecause people usually expect a great deal on a loaner car, the dealer may not be able to sell the car at the price a customer wants because of current incentives and rebates. Usually, dealers retire the loaner cars they have in stock when current-year inventory is almost, or already, depleted. The best deals on vehicles come out at year-end, and become even better the following year. It is in the dealer’s best interest to maintain profit and eliminate loss, which he has a better chance of doing once there are no like-vehicles left and the incentives are huge.Bottom LineDealers do sell
