What does buying a pre-registered car mean?

Pre-registered cars have been purchased by the dealer. This means that they are sitting on the forecourt and so you don’t have to wait for the car to be built and delivered. You can often drive away a pre-registered car on the same day.

What does New Pre Reg mean?

A pre-reg car is a car that has been registered (assigned a number plate and an owner) before it has been sold, this is usually done to boost a manufacturers sales figures. ‘Nearly new’ cars could cover ‘ex-demo’ cars which have been test-driven by prospective customers or used as courtesy cars.

What does preregistered mean?

: a special registration (as for returning students) prior to an official registration period Preregistration for fall classes is closed. also : a registration prior to an event, activity, or program The lecture is free but preregistration is required.

Do you pay VAT on pre-registered cars?

Is VAT payable on a pre-registered or nearly new car? When a car is pre-registered, it is effectively bought by a dealership, which pays the VAT and reclaims it under the ‘stock-in-trade’ rule that assumes the car will be sold within 12 months. VAT is charged when a private customer buys the car.

What does it mean to buy a pre reg car?

We represent most leading motoring brands, therefore, we can offer a great selection of pre-registered cars. Buying a pre-reg car means that you can drive away a car in almost brand new condition with very low mileage on the clock. Vehicle registration… Vehicle mileage…

How old does a pre registration car have to be?

These models have very low mileage – usually only those used during delivery. These cars generally have no more than 200 miles on the clock and are less than six months old. When you buy a pre-registration car from the Motorline Group, you can also make the most of our flexible finance options.

Where can I buy a pre registered car in the UK?

Lookers have an extensive franchised dealership network, with numerous locations throughout the UK and Ireland. We represent most leading motoring brands, therefore, we can offer a great selection of pre-registered cars.

What can I do with a motorline pre registration car?

When you buy a pre-registration car from the Motorline Group, you can also make the most of our flexible finance options. These include 0% finance deals and low deposits, depending on the car you choose. All our pre-reg customer can expect to receive high levels of customer service.