here's the inside scoop on car guy lingo...
Program Car...1-3 year old car bought at auction, usually in high volumes. the majority of these units are rentals, but not every state requires disclosure of that fact so "program car" is used. a well trained salesperson, when asked what a program car is will usually tell you something to the effect of "we buy these from the manufacture at special sales open only to new <insert brand here> dealers. most of them are factory demos, executive cars, and lease returns."
Demo...two meanings.
#1 Demo = car guy speak for tanking a test drive. "Bossman, I am going for a demo in the used Impala."
#2 Demo = a perk offered at some stores to some employees. this is a car they get to drive for personal use. most stores only offer new, untitled "Demos" to their managers. a new car can be sold as "new" with less than 5000 to 7500 miles depending on the state and the manufacturer. these "new" demos can come with a few catches though. some manufacturers require a dealership to report a car used as a demo, and that starts the cars warranty. so even though its "brand new" as a demo it may be missing 6months and 6000 miles off the warranty. so, buyer beware!
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