We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Car showroom using pre-reg car

2

Comments

  • DrEskimo
    DrEskimo Posts: 2,464 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Make sure to run some quotes on something like CarWow and other online brokers for a brand new car to ensure the ex-demo car is actually a competitive price before purchasing.
  • molerat
    molerat Posts: 35,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 2 March 2021 at 5:49PM
    When I was looking they wanted more for an ex demo than for the higher spec pre reg. My last 2 cars have been pre reg at around 35% off list with under 10 miles on the clock.
  • motorguy
    motorguy Posts: 22,621 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    DrEskimo said:
    Make sure to run some quotes on something like CarWow and other online brokers for a brand new car to ensure the ex-demo car is actually a competitive price before purchasing.
    I would wholly agree with this.

    The dealer will quote you the "saving" off list price, not compared to discounted price of a new car.

    Also, depending on how you're going to finance it, it may work out cheaper to buy new because of the finance incentives available.

    This time two years ago we bought a new BMW M140i for £28,200.  The dealership had a demo car on the forecourt that we got a test drive in - up for £29,995.  We also got finance at 2.9% APR when the used car finance on the demo car would have been 9.9% APR.

    Also check www.broadspeed.com and www.drivethedeal.com
  • born_again
    born_again Posts: 21,671 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    Hi there
    New to car buying, so might be a silly question - is it usual for car salespeople to use the cars they are selling? I got told that a pre-reg car I am interested is being used by the showroom manager currently on furlough and will be back next week.
    Yep. My current car was filmed by the staff member outside his house.
    Life in the slow lane
  • BOWFER
    BOWFER Posts: 1,516 Forumite
    1,000 Posts Second Anniversary Name Dropper
    molerat said:
    My last 2 cars have been pre reg at around 35% off list with under 10 miles on the clock.
    In itself, this is meaningless.
    For a fair comparison, you'd need to know what you saved compared with asking for an unregistered one with you as the first owner.
    I'm guessing the difference between the two would be around 10-15% max.
    Still a good saving, but not as 'headline grabbing' as your 35%

  • neilmcl
    neilmcl Posts: 19,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    BOWFER said:
    molerat said:
    My last 2 cars have been pre reg at around 35% off list with under 10 miles on the clock.
    In itself, this is meaningless.
    For a fair comparison, you'd need to know what you saved compared with asking for an unregistered one with you as the first owner.
    I'm guessing the difference between the two would be around 10-15% max.
    Still a good saving, but not as 'headline grabbing' as your 35%

    Precisely, and especially given that with most new cars you need to be looking at getting around 20% off, or you're not working hard enough.
  • BOWFER
    BOWFER Posts: 1,516 Forumite
    1,000 Posts Second Anniversary Name Dropper
    neilmcl said:
    BOWFER said:
    molerat said:
    My last 2 cars have been pre reg at around 35% off list with under 10 miles on the clock.
    In itself, this is meaningless.
    For a fair comparison, you'd need to know what you saved compared with asking for an unregistered one with you as the first owner.
    I'm guessing the difference between the two would be around 10-15% max.
    Still a good saving, but not as 'headline grabbing' as your 35%

    Precisely, and especially given that with most new cars you need to be looking at getting around 20% off, or you're not working hard enough.
    Yup, he wouldn't have paid list price for either option. so the saving is misleading.
  • Ganga
    Ganga Posts: 4,253 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    BOWFER said:
    neilmcl said:
    BOWFER said:
    molerat said:
    My last 2 cars have been pre reg at around 35% off list with under 10 miles on the clock.
    In itself, this is meaningless.
    For a fair comparison, you'd need to know what you saved compared with asking for an unregistered one with you as the first owner.
    I'm guessing the difference between the two would be around 10-15% max.
    Still a good saving, but not as 'headline grabbing' as your 35%

    Precisely, and especially given that with most new cars you need to be looking at getting around 20% off, or you're not working hard enough.
    Yup, he wouldn't have paid list price for either option. so the saving is misleading.
    So does nobody pay list price for cars?
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Ganga said:
    BOWFER said:
    Yup, he wouldn't have paid list price for either option. so the saving is misleading.
    So does nobody pay list price for cars?
    Depends on the car.

    Some are not discounted - but they are definitely a minority. Newly-introduced and very popular models, for the most part.
  • BOWFER
    BOWFER Posts: 1,516 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 3 March 2021 at 2:39PM
    Ganga said:

    So does nobody pay list price for cars?
    Only if it's something very special, or they are too clueless to use google.
    Clueless people are out there, along with sales people ready to rip them off.
    Example, I came across an old couple that paid RRP for a Renault Captur (!!)
    How that salesman sleeps at night I'll never know, what a scumbag.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.