Pre-reg car - too good to be true

Bigwheels1111

Grumpy_chap said:

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.

Im keeping an eye on the Corolla estate prices, Excell 1.8 is £36,000 at toyota.

Just under £30,000 via broker.

Every so often deals come around like the Design for 25k-26K I could live with that.

WIll not jump until 2026 as would want a Euro 7 car.

Spendless

force_ten1 said:

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 

^^^^ Exactly this. I spend the first few years of my working life in a car dealership. For whatever reason car showrooms sometimes need to register the car instead of being able to sell as brand new. So they register the car and then sell it on to someone cheaper because it's now 2nd hand  and you  are now the 2nd owner of the car, paperwork wise. 

jackieblack

Spendless said:

force_ten1 said:

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 

^^^^ Exactly this. I spend the first few years of my working life in a car dealership. For whatever reason car showrooms sometimes need to register the car instead of being able to sell as brand new. So they register the car and then sell it on to someone cheaper because it's now 2nd hand  and you  are now the 2nd owner of the car, paperwork wise. 

The longer the buyer keeps the car, the less relevant this becomes. 

oscarward

Yep, I bought my car in 2016. Built June 2015, new model came out in sept so dealer registered all stock of old model 30/9. Then started discounting 1k per week. Bought a 50k car for 37k in January with 15 miles on it. Still got it. 

The only grumble was pdi was done June 2015 on delivery to dealer which started the service interval clock, but warranty started from registration.

But as the car was sold as manufacture approved used then attracted a service plan.

as others have said win win.

WellKnownSid

Spendless said: 

^^^^ Exactly this. I spend the first few years of my working life in a car dealership. For whatever reason car showrooms sometimes need to register the car instead of being able to sell as brand new. So they register the car and then sell it on to someone cheaper because it's now 2nd hand  and you  are now the 2nd owner of the car, paperwork wise. 

There could well be a big money incentive for them to sell 150 bright yellow Fiestas by the end of the month.  Nothing wrong with the cars - just they have to get them shifted.  They sell the cars to themselves, then flog them on cheaper nearly new.

moneysaver

Bigwheels1111 said:

Grumpy_chap said:

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.

Im keeping an eye on the Corolla estate prices, Excell 1.8 is £36,000 at toyota.

Just under £30,000 via broker.

Every so often deals come around like the Design for 25k-26K I could live with that.

WIll not jump until 2026 as would want a Euro 7 car.

What broker are you seeing the Corolla at £30,000 if you don't mind me asking.

Moneysaver

Bigwheels1111

moneysaver said:

Bigwheels1111 said:

Grumpy_chap said:

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.

Im keeping an eye on the Corolla estate prices, Excell 1.8 is £36,000 at toyota.

Just under £30,000 via broker.

Every so often deals come around like the Design for 25k-26K I could live with that.

WIll not jump until 2026 as would want a Euro 7 car.

What broker are you seeing the Corolla at £30,000 if you don't mind me asking.

Moneysaver

Search here, will show the best today.
I have more saved on my desktop but I’m away at the moment.

https://www.cars2buy.co.uk/new-cars/

moneysaver

Bigwheels1111 said:

moneysaver said:

Bigwheels1111 said:

Grumpy_chap said:

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.

Im keeping an eye on the Corolla estate prices, Excell 1.8 is £36,000 at toyota.

Just under £30,000 via broker.

Every so often deals come around like the Design for 25k-26K I could live with that.

WIll not jump until 2026 as would want a Euro 7 car.

What broker are you seeing the Corolla at £30,000 if you don't mind me asking.

Moneysaver

Search here, will show the best today.
I have more saved on my desktop but I’m away at the moment.

https://www.cars2buy.co.uk/new-cars/

Thanks will keep an eye on this site.

Moneysaver

Grey_Critic

Years ago when I worked for a Ford dealer we often registered vehicles listing them as demonstrators. If we had a target of 200 Fiestas and had only sold 190 we registered 10 vehicles as demonstrators - Ford may have offered us a bonus of £100 per vehicle if we reached the target so £20,000 -in the bank. Then there was the Number 1 car in the month competing against say Vauxhall - Ford would tell dealers to register X number of vehicles as Demos and pay us a bonus for doing so. The offer is a bargain as if you keep for 3 years and then trade it in the depreciation will be based on the new vehicle price not the demo price so it is a win win situation.