Car showroom using pre-reg car

molerat

New price was 15.5% off list from CarWow & DriveThe Deal including finance contribution, I paid 22% less than that price pre reg.  A car I am currently looking at is only being offered at 8 - 10% off list with finance.

motorguy

molerat said:

New price was 15.5% off list from CarWow & DriveThe Deal including finance contribution, I paid 22% less than that price pre reg.  A car I am currently looking at is only being offered at 8 - 10% off list with finance.

There are definitely bargains to be had on pre-reg cars but conversely it is important not to go in believe "all" pre-reg cars are bargains.

Often they are

• Previous engine spec
• Previous model year
• Registered before a plate change 
• Registed in the previous year

All of which impact the value of it.

I availed of a decent one a number of years ago with a new Passat.  It was the last of a previous engine type and the dealer had bought a load of them direct from VW.  I cant remember the specifics but it worked out several thousand cheaper than the new engined brand new variant via a broker and i bought it with a cheap loan rather than their rather expensive used car finance.

Other considerations with pre-reg is that you're stuck with the spec the car has, but this is often mitigated by the cars generally being built and bought in with a saleable spec or for them to be a cooking variant where spec changes dont happen or matter so much (the Passat above had silver metallic paint as its only option).

[Deleted User]

Everyone in the motor trade uses the cars they are selling. Second hand traders use which ever car came in with the most fuel left in.

boobyd

Just purchased a pre reg. 
6 miles on clock, 30 Sept 2020 registered, 
Online brokers/Carwow £3k above what I paid, £9k under "list price of £29k.
Yes I am 2nd owner and 6 month less warranty but very happy.
Dealer 150 miles away but charge £150 for trailer delivery. 

Grumpy_chap

boobyd said:

Just purchased a pre reg. 
6 miles on clock, 30 Sept 2020 registered, 
Online brokers/Carwow £3k above what I paid, £9k under "list price of £29k.
Yes I am 2nd owner and 6 month less warranty but very happy.
Dealer 150 miles away but charge £150 for trailer delivery. 

That's the way to do it - ensuring the "used" car is a good saving below the best broker prices.