What is a program vehicle?

Answer 1

The term "program vehicle" usually refers to a new car that has been used for test drives throughout the year that the car was released. It is essentially a slightly used car with (usually) low miles on it. Often the car dealership will still include a full warranty on these cars.

Program vehicles also include vehicles purchased from car rental agencies.

Program vehicles are used cars, usually one year old lease returns with a year's worth of mileage (15000 - 25000 miles), although there are also two and three year old program vehicles available. A new car that has been used by the dealership is called a demo or demonstrator, and still qualifies for manufacturer rebates and other incentives like special interest rates.