By John Marsh
If you buy a pre-registered car, you can get a very high discount. The car is usually less than 6 months old and has none or very few miles. The car’s warranty starts from the date on which the garage has registered the vehicle, so is shorter than the warranty you get when buying a new car.
The main drawback of buying a pre-registered car is that you do not get all the extras that you are looking for. However, most of the time dealers order pre-registered cars with a wide range of extras, so this is rarely a big problem. To check that the price is as good as it appears, add up the cost of the extras and the price of the car when new. Deduct this figure from the price the dealer wants to work out the true size of your discount.
Once you decide to buy the car get a quote in writing from the dealer. The quote should state that the car is pre-registered. It is very important when buying this type of car to get a copy of the sales invoice and the receipt. This is your proof of ownership.
Most manufacturers do not allow dealers to sell on pre-registered cars in less than 3 months, which is why some dealers try to hang onto the V5C. Make it clear that you will not accept the dealer keeping the V5C insist on taking your part of the V5C registration document with you when you buy the car. Do not allow the dealer to post it to you in a few weeks. The V5C proves you are the registered keeper. If stopped by the police you will definitely need the V5C. Most insurance companies will also want a copy in the case of an accident. You may also need the V5C to get a parking permit from your local authority.
When buying a pre-registered car it is possible that you are being sold an earlier or pre-facelift model. Check for this and ensure that the price you actually pay for the car reflects this.
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Topics: Automotive | Comments Off
MLA Style Citation:
Marsh, John "Buying A Pre-Reg Car." Buying A Pre-Reg Car. 27 Jun. 2010. uberarticles.com. 19 Aug 2014 <http://uberarticles.com/automotive/buying-a-pre-reg-car/>.
APA Style Citation:
Marsh, J (2010, June 27). Buying A Pre-Reg Car. Retrieved August 19, 2014, from http://uberarticles.com/automotive/buying-a-pre-reg-car/
Chicago Style Citation:
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