If you find any imperfections, use them as bargaining chips. Do, however, be sure to crosscheck the cost of a pre-registered or ex-demo car against the price of a brand new one.
The manufacturer of the car in question could be offering big incentives, such as deposit contributions or discounts, to customers buying new. For up-to-date deals on pre-registered cars, visit our sister site Buyacar. Towing with an electric car, hybrid or plug-in hybrid - what's the capacity and can you tow a caravan?
Skip to header Skip to main content Skip to footer. Tips and Advice Home Tips and advice. Make sure you get the logbook V5C certificate When you buy a pre-registered car, the dealer has to inform the DVLA that its ownership status has changed. Most Popular. What is a DSG gearbox? Should I buy one? Car buying 3 Nov Tips and advice 4 Nov Top 10 best luxury cars Luxury cars 29 Oct View All. Car dashboard warning lights: the complete guide.
Tips and advice 10 Aug Electric car charging stations: a complete guide. If a dealer or dealer group is not going to hit its targets and trigger the bonuses through normal sales, it can often make sound financial sense to register some cars to hit the targets and worry about selling them later.
A dealer cannot sell a pre-reg car as a brand-new one, which means it is going to be cheaper to buy. Whereas a demonstrator will probably have been used to demonstrate to customers and as a company car for a member of staff, a pre-reg car will be exactly the same as a brand-new one. That is, of course, apart from the fact that you will be the second owner on the registration document rather than the first. If you are fully aware of what you are buying then a pre-registered car can be a good deal, especially if the dealer has a lot of them to sell, has had them for a while and is prepared to offer even bigger discounts to get them sold.
Just be aware that finance deals on brand-new cars can sometimes be good enough to make buying new cheaper than buying a pre-reg car — do your research first! If you are buying on a PCP or balloon HP, the deferred payment will be lower than it would be if you had bought new and that could result in higher monthly payments.
However, if you are leasing or contract hiring the car it makes no difference whatsoever because you never have to worry about its resale value. However, if you are buying through a broker, and especially if the deal seems too good to be true, make sure that you clarify that you will be the first owner on the log book before you sign anything or hand over any money.
You have been warned! Sell your car Get offers from multiple dealers. Sell your car. What are pre-registered cars? Why do cars get pre-registered? Also bear in mind that manufacturer warranties start running from the moment a car is registered. Lumped in with pre-reg cars are ex-demonstrators, used by dealers to show off certain models to customers. These will have covered more miles than a pre-reg car and may have had a relatively hard life in a short period of time, but they make for attractive deals.
On the other hand, ex-demos can be laden with options and features designed to tempt buyers into upgrading their car when placing an order. If there are any issues, point them out to the dealer and use them to haggle the price down, or have it in writing that these defects will be repaired before you collect the car.
Be sure to inspect these repairs carefully to ensure a proper job has been carried out. If a buyer were to opt for the pre-reg option over the new one, they could end up paying more for a car that was worth less. While the pre-reg deal can be justified on this basis, it would be understandable if you paid the extra few hundred pounds to get behind the wheel of a brand-new Ford Fiesta.
This is equivalent to a 5. Have you ever bought a pre-registered car? Tell us about your experiences in the comments section below and visit our sister site BuyaCar for the latest deals Skip to Content Skip to Footer.
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