Pre-reg car - too good to be true

demontfort

Hello,

I'm planning to test drive a pre-reg car with 20 miles on the clock, 23 plate, no previous owners. It's being sold by a manufacturer affiliated dealership under the manufacturers approved used car scheme and is 25% cheaper than if bought new. It seems like a good deal but is there any catch here? Is there anything in particular I should be aware of when considering buying a pre-reg?

Thanks

DM

[Deleted User]

Not unusual. Old reg, and plenty of models have big discounts from the COVID madness prices.

bluelad1927

Probably no catch. I bought a brand new Volvo in 2018 which was pre reg
 The model had a facelift that year hence the discount

Similar to your situation paid 25k instead of 33k with only 26 miles on clock.

It's a win win with the lack of depreciation

demontfort

Thanks all, the model has recently been discontinued so I guess the dealers and manufacturer are keen to clear out any residual stock.

fatbelly

Sounds very mse to me. What model is it and who's selling?

jackieblack

My current car was a pre-reg, discounted by approx 25%, I have friends/colleagues who’ve bought under similar circumstances - it’s not really unusual 

The warranty, date service/MOT will be required etc will be from the date of registration, not from purchase, but the saving should more than compensate from the lost time.

Car_54

The only 'snag' I found was that the first service was due 12 months from registration, only 7 months from when I bought it.

marlot

Just have a good look at the paintwork.  Cars do get damaged during delivery sometimes - just make sure you're happy with what you're buying.

Like others, I've had a good deal buying pre-reg.

Bigwheels1111

Is it an outgoing model, shape.
I got a Peugeot 5008 in December 2016. New suv shape was coming out in 3 months.
Pre reg, 3 months old with 8 miles on the clock after my test drive.
Book price new over 27k, I paid £14,350 with front and rear mats, a boot liner and tank of diesel.
Near on a 48% discount.
Look to see if you can find another one anywhere and get the dealers to bid against each other.
Here is an old deal i almost bought.

force_ten1

you said the car has had no previous owners but if it is pre registered then it has a current keeper. so at present the V5 will show number of former keepers none  

but when the car is registered to you it will say number of former keepers one 

Grumpy_chap

Bigwheels1111 said:

My FiL bought one of those on that deal - fantastic car, excellent value for money.  He just had to sell it on because it was not ULEZ compliant.

As for the OP, it is worth comparing the pre-reg price for the deal that has been seen against broker prices for the same car brand new.