When purchasing vehicles for the fleet , many fleet managers opt for annual vehicles. In this article, you can find out exactly what they are and what advantages and disadvantages you should weigh up as a fleet manager before making a purchase.
What is an annual car?
An annual car is a used car that is no more than one year old. As a rule, it was used by the manufacturer, a car dealership or an employee of the manufacturer as a company car. As these vehicles are relatively new, they usually have a low mileage and are in a very good and well-maintained condition.
It may also have been purchased by private individuals and resold within the first year. These vehicles were mostly used in normal road traffic.
What are the advantages of buying an annual car?
An annual car has numerous advantages that make it an attractive option for many fleet managers . These include:
- Price advantage: Annual cars are usually significantly cheaper than new cars, as the greatest depreciation of a car takes place in the first year. You therefore get an almost new vehicle at a reduced price.
- Low mileage and good condition: Annual cars often have a low mileage, so they usually show less wear and tear. In addition, these vehicles are usually well maintained and in very good technical and visual condition due to regular servicing.
- Warranty: In contrast to used cars, many annual cars still have a remaining warranty, which offers additional security and protection against unexpected repair costs.
- Fast availability: In contrast to new cars, annual cars are usually available immediately.
What are the disadvantages of annual cars?
In addition to the advantages, you should also consider the following disadvantages when buying an annual car:
- Lack of customization: buyers of an annual car have to make do with the existing equipment features and cannot configure the vehicle according to their wishes. The choice is therefore more limited than when buying a new car.
- Shorter warranty period: Part of the warranty period may have already expired. As a result, buyers may have less warranty time left than with a new car.
How do you recognize a good year-old car?
First check the vehicle history and request a complete vehicle report. This contains information about previous owners, accidents and maintenance work carried out. The service history should also be checked to ensure that all maintenance has been carried out in accordance with the manufacturer’s specifications.
Also check the mileage of the vehicle. This should be appropriate and relatively low in relation to the vehicle’s age. In addition, thoroughly inspect the year-old car for external and internal damage such as scratches, dents, rust or worn seats. Look out for signs of improper repairs or repainting, as these could indicate an accident. During a test drive, you can see the ride comfort, handling and performance of the vehicle for yourself.
What is the difference to a demonstration car?
Demonstration cars are displayed by a car dealership or dealer in the showroom and used as test vehicles for potential customers to test drive. They are usually carefully maintained and serviced as they are intended to represent the image of the dealer and the model. However, due to the frequent short journeys and the many different drivers, there may be more wear and tear on certain components.
