But what are the pros and cons of buying a pre-registered car and what do you need to know before you sign on the dotted line? Allow us to be your guide.
A pre-registered car is a new vehicle purchased by the dealer and registered in their name, meaning their name is the first on the registration document. These cars are delivered on the back of a transporter and are unlikely to leave the forecourt until they are sold.
The dealer does this to hit sales targets and receive a bonus from the manufacturer who in turn is then able to report a high number of sales, which is good for PR and for stealing a march over its competitors and all the while the customer normally gets a new car for a cheaper price.
In theory, everybody should win.
However, there are some cons for the buyer to be aware of before making the purchase.
The good news for motorists are the potentially big discounts available on certain cars.
These can range from 5% to 25%, depending on the make, model and time of year. These cars will have fewer than 200 miles on the clock and be less than six months old.
More often than not, the cars could be just a few weeks old and will have single figures on the odometer.
This means a pre-registered car will look, feel and even smell like a brand new car, but remember, it isn’t.
