GM Volt Forum banner
1 - 7 of 7 Posts

· Registered
Joined
·
186 Posts
Discussion Starter · #1 ·
For those that have, what should a person expect in terms of discount?

I'm thinking about a '17 Volt that's a service/demo and I don't feel like I'm getting that good of terms compared to a brand new one.

But maybe my expectation is too high.

What do you guys think is a good number for money off MSRP if it's a "used" demo car?
 

· Premium Member
Joined
·
19,942 Posts
Depends on if it's been titled. If it hasn't been titled, so you'd be able to take the credit, I'd think at least $5500 to $7000 off MSRP. I'm picking that number because cars in CARB states are going for $5500 off. That includes a $1000 discount because you're a CARB state resident. So say $4500 on selected cars. Then increase that by some because it's been a demo.
 

· Registered
Joined
·
2,713 Posts
I would take 20 percent off and subtract $7500 for tax credit. Say around $20k? I say that as the 2016 model was available for a short time for 20 percent off, so people were paying that new after tax break (if eligible for all of it).
 

· Registered
Joined
·
1,171 Posts
I would take 20 percent off and subtract $7500 for tax credit. Say around $20k? I say that as the 2016 model was available for a short time for 20 percent off, so people were paying that new after tax break (if eligible for all of it).
+1

I think many "used" volts are bad deals. Once you add $7,500 to asking price, it's often close to--if not more than--the MSRP of a brand new Volt. Unless you don't qualify for the tax credit (because you don't make enough income--in which case, why are you buying a new car?) it makes little sense to overpay for a used Volt.

On the plus side, there is probably a lot more wiggle room to negotiate down--and you don't have to "finance the tax credit" + sales tax (unless you put a big down payment).
 

· Registered
Joined
·
450 Posts
We bought a 2017 LT in October with 2,189 miles on the odometer. MSRP was $35,395. We bought it for $29,990 before taxes and fees. We also received 0% financing for 5 years. Car was never titled, so another $7,500 federal tax credit effectively brought it down to $22,490 before sales tax and fees. In addition, we were offered 4 months lease pull-up on our 2014 leased Volt (last four lease payments waived).

Even though we bought in early October, the warranty began when car was placed in service, in June.
 

· Registered
Joined
·
3,574 Posts
I would take 20 percent off and subtract $7500 for tax credit. Say around $20k? I say that as the 2016 model was available for a short time for 20 percent off, so people were paying that new after tax break (if eligible for all of it).
I agree with the 20% before incentives (obviously higher mileage/bad condition may warrant a higher discount)...True Demos/Service loaners/Program vehicles should have never been titled and eligible for the tax credit...But sometimes dealers advertise previous titled cars as demos...The quick and easy to find out, GMF will not allow you lease an used vehicle...Even if you have no intention of leasing just ask if you can lease it, if they say no the dealer most likely is being shady but just know it wouldn't qualify for the tax credit...

Another thing is just go over the car with a fine toothed comb, look for missing items like the charger/manuals etc, check the tires, see if the rims have curb rash...
 

· Registered
Joined
·
521 Posts
In 2013 I got about $4K off due to being a fully-loaded dealer loaner (3K mi on it, never titled) and I was fairly happy about that because they didn't try to screw me over and I got the Federal tax credit, 0% and half price on the extra bumper-to-bumper warranty. So while I got ~10% off without effort you *can* get 20% off if you are a hard negotiator. I wasn't really ready to walk away from a great unit - so there you go. To each their own!

P.S. My GPS head unit went crazy after 36Kmi (ie: out of GM warranty) and the extra warranty paid for itself right there. =:)
 
1 - 7 of 7 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top