How to Buy a Loaner Car from Dealership: A Complete Guide

To buy a loaner car from a dealership, research the available options and negotiate the price before completing the purchase. Loaner cars at dealerships can be a great option for buyers looking to save money on a slightly used vehicle.

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These cars are typically used as courtesy vehicles for customers who are getting their own cars repaired. As a result, they often have low mileage and are well-maintained. However, buying a loaner car requires some careful consideration and research. We will discuss the steps you need to take to buy a loaner car from a dealership.

By following these steps, you can ensure a smooth and hassle-free purchase process. So, let’s get started!

1. Understanding Loaner Cars

Buying a loaner car from a dealership is a smart way to save money. These vehicles have low mileage and are often well-maintained, making them a reliable choice for buyers on a budget. With a wide range of options available, purchasing a loaner car can be a favorable choice for those seeking a quality vehicle at a discounted price.

Loaner cars are a great option for car buyers who want the perks of a new vehicle at a lower price. To understand loaner cars, it’s important to know what they are and why people choose them.

1.1 What Is A Loaner Car?

A loaner car, also known as a courtesy car or service loaner, is a vehicle provided by dealerships to customers when their own cars are being serviced or repaired. These cars are typically the latest model year and have low mileage since they are only used temporarily. Dealerships offer loaner cars as a convenience to their customers, ensuring they can still have transportation while their car is being worked on. These cars are usually well-maintained and in excellent condition, as dealerships want to showcase their brand and maintain customer satisfaction.

1.2 Why Choose A Loaner Car?

There are several reasons why choosing a loaner car can be a smart option for car buyers. Let’s delve into them:

1.2.1 Cost Savings

Loaner cars are often discounted compared to the price of a brand new vehicle. Since they have been used for a short period and have low mileage, buyers can save money while still enjoying the benefits of owning a practically new car.

1.2.2 Manufacturer’s Warranty

Loaner cars are usually still covered by the manufacturer’s warranty, providing buyers with added peace of mind. This means that if any issues arise, the repairs will be covered under the warranty, reducing potential expenses.

1.2.3 Latest Features and Technology

Loaner cars are typically equipped with the latest features and technology, making them an attractive choice for buyers who want to experience the newest innovations without paying the full price of a brand new vehicle. From advanced safety features to touchscreen infotainment systems, loaner cars often provide a high level of comfort and convenience.

1.2.4 Well-Maintained Condition

As the dealership’s own vehicles, loaner cars are generally well-maintained and undergo regular servicing to ensure optimal performance. Buyers can expect a clean and reliable vehicle, as dealerships prioritize customer satisfaction and want to maintain their reputation. In conclusion, understanding loaner cars is essential for those considering this option for their next vehicle purchase. By knowing what loaner cars are and the reasons why people choose them, buyers can make an informed decision and potentially enjoy the benefits of owning a practically new car at a lower cost.

2. Researching Loaner Cars

When buying a loaner car from a dealership, it’s important to conduct thorough research before making a decision. This involves finding dealerships that offer loaner cars, researching the car’s history, and understanding its current condition. By taking these steps, you can ensure that you make an informed purchase and avoid any potential issues down the road.

2.1 Finding Dealerships With Loaner Cars

Firstly, it’s essential to find dealerships that offer loaner cars for sale. Many dealerships use loaner cars as temporary replacements for customers’ vehicles while they are being serviced. These cars are often lightly used and well-maintained, making them a great option for buyers. To find such dealerships, there are a few methods:

  1. Search Online: Use search engines to look for dealerships in your area that provide loaner cars. You can use keywords like “loaner cars for sale” or “dealerships with loaner vehicles.”
  2. Check Dealership Websites: Visit the websites of local dealerships and browse their inventory. Look for a specific section highlighting loaner vehicles for sale.
  3. Contact Dealerships: If you cannot find information online, reach out to dealerships directly via phone or email to inquire about their loaner car inventory.

2.2 Researching The Loaner Car’s History

Once you have identified a dealership with loaner cars, it’s time to delve into the history of the particular car you are interested in. By conducting proper research, you can uncover valuable information about the car’s past. Here are a few steps to follow:

  1. Obtain the Vehicle Identification Number (VIN): Ask the dealership for the VIN of the loaner car you are considering. The VIN is a unique identifier that can be used to trace the car’s history.
  2. Check the Vehicle History Report: Utilize online services to access the vehicle history report using the VIN. This report provides detailed information about the car’s previous owners, any accidents or damages, and its maintenance history.
  3. Verify Maintenance Records: Ask the dealership for the car’s maintenance records. These documents will give you insights into how well the vehicle has been cared for and if it has received regular servicing.

2.3 Understanding The Loaner Car’s Condition

Lastly, it’s crucial to assess the current condition of the loaner car. Here are a few steps to help you evaluate its condition:

  • Inspect the Exterior: Examine the loaner car for any noticeable dents, scratches, or signs of previous repairs. Pay attention to the overall paint quality and ensure there is no rust.
  • Check the Interior: Sit inside the car and inspect the seats, dashboard, and flooring for any major wear and tear. Test the functionality of all features, including the air conditioning, infotainment system, and power windows.
  • Take a Test Drive: Before finalizing your decision, take the loaner car for a test drive. Pay attention to how it handles, accelerates, and brakes. Listen for any unusual noises and observe how the car performs in different driving conditions.

By taking the time to research loaner cars, you can confidently make a well-informed purchase that suits your needs and budget.

3. Buying A Loaner Car

Are you considering buying a loaner car from a dealership? Discover the essential tips and tricks to make a smart purchase decision and get the best deals on loaner vehicles.

3.1 Negotiating The Price

When it comes to buying a loaner car from a dealership, negotiating the price is an essential step to ensure you get the best deal possible. The dealership will often have a set price for their loaner cars, but that doesn’t mean it’s non-negotiable. Here’s how you can negotiate the price to your advantage:

  • Do your research beforehand to have a good understanding of the loaner car’s market value.
  • Highlight any imperfections or wear and tear on the loaner car that might affect its value.
  • Emphasize any additional features or warranties that the dealership can offer as part of the purchase.
  • Be prepared to walk away if the dealership is not willing to negotiate. There are often other dealerships or options available.

3.2 Checking Financing Options

Before finalizing the purchase of a loaner car, it’s crucial to explore your financing options. Here’s what you need to consider:

  1. Check your credit score to understand your eligibility for different financing options.
  2. Get quotes from multiple lenders and compare interest rates, loan terms, and any additional fees.
  3. Calculate your budget and determine how much you can afford to borrow.
  4. Consider whether a loan from the dealership or an external lender offers better terms and conditions for your situation.

3.3 Completing The Purchase

Completing the purchase of a loaner car involves several important steps. Here’s what you need to know:

Step 1: Review the purchase agreement Take the time to carefully review the purchase agreement, including all the terms and conditions, warranties, and any additional fees or add-ons. If something is unclear, don’t hesitate to ask for clarification.
Step 2: Arrange for a final inspection Before signing the purchase agreement, arrange for a final inspection of the loaner car. This allows you to verify its condition and ensure that any repairs or maintenance promised by the dealership have been completed satisfactorily.
Step 3: Secure insurance coverage Contact your insurance provider to secure appropriate coverage for the loaner car. Make sure you understand the coverage limits and any applicable deductibles.
Step 4: Arrange payment Determine the payment method and schedule with the dealership. Whether it’s cash, financing, or a combination, ensure you have the necessary funds available on the agreed-upon date.
Step 5: Sign the paperwork Once all the details are in order, sign the necessary paperwork to finalize the purchase. Keep copies of all documents for your records.

By following these steps, you can confidently navigate the process of buying a loaner car from a dealership and ensure a smooth and successful purchase.

Frequently Asked Questions Of How To Buy A Loaner Car From Dealership

What Is A Loaner To Owner?

A loaner to owner is a program that allows individuals to temporarily use a product before deciding to purchase it. It gives people an opportunity to test the product and experience its benefits before committing to ownership.

What Is A Service Loaner Vehicle?

A service loaner vehicle is a car provided by a dealership or service center while your vehicle is being repaired. It allows you to continue your daily activities without disruption.

Does Jeep Warranty Cover Loaner Car?

Yes, the Jeep warranty may cover a loaner car. Contact your Jeep dealer or refer to your warranty information for more details.

Does Kia Give Loaner Cars For Recalls?

Yes, Kia provides loaner cars for recalls.


Purchasing a loaner car from a dealership can be a wise decision for many reasons. Not only can you find a quality vehicle with low mileage and warranty, but you can also save money compared to buying brand new. By following the steps we’ve discussed, such as researching the dealership’s reputation, inspecting the vehicle thoroughly, test driving, and negotiating the price, you can have a successful experience.

Make sure to consider your personal preferences and budget before making a final decision. Happy car shopping!

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