What does pre-registered mean?

A pre-registered car means as the new owner you will be the second name on the registration certificate. Our guide explains when this can benefit you and potential drawbacks you should be aware of.

What Pre-Registered Means

A car will be classed as pre-registered if it is purchased by a dealership, leasing company or broker and registered to themselves before being sold or leased to a customer. The reason for doing this is to take advantage of offers from manufacturers or to boost sales for that month. Pre-registered cars are likely to be vehicles known to be popular, in the most sought after colours and trim levels. As these cars are now registered, getting these sold will be high a high priority, which can lead to financial benefits for the customer.

Benefits of a Pre-Registered Car

The main benefit is saving money. Whether this is in the form of a reduced monthly rental for those who are leasing, or saving on the purchase price, you will be paying less for a pre-registered car. As the car already has one registered owner it is a second-hand vehicle even if it has only ever sat on a forecourt. So you will be able to get what is still really a brand new car for closer to a used car price.

As the car is built and ready to go, delivery times should be fast so there will be less waiting around until your new car is on your driveway.

Drawbacks of a Pre-Registered Car

Before you consider a pre-registered car you should be aware of the following;

  • A pre-registered car may not have the most recent number plate, as it may have been registered over 6 months before being sold. If having the newest plate on the road is important to you, then a pre-registered car may not be for you.
  • There will be no customisation options available to you. If you are very clear about the options you would like on your car, then it may be difficult to find a pre-registered car that ticks all the boxes. These cars have already been made so what you see is what you get.
  • You will be the second owner. If you are purchasing a pre-registered car you will be the second keeper on the V5 registration form. When it comes to reselling the vehicle, this could affect the value as it will no longer be a ‘one-owner’ car. If you are leasing the vehicle and intend to return it at the end of your contract this will make no difference to you as the finance company will always be the legal owner of the car and you will never need to resell it yourself.
  • Servicing and Warranty may be affected. These are important to consider for both those purchasing a pre-registered vehicle and those who are leasing a pre-registered vehicle. If you are buying a pre-registered car then you should be aware that the Warranty began when the car was first registered, meaning you will not have your full 3 years manufacturer warranty when you buy the car. It also means the first MOT will be due 3 years from the date of registration, which will be less than 3 years from the date you purchased the vehicle, and if servicing is determined on time elapsed, this will be earlier than the 12 months you may have been expecting. However, with a 24-month contract, you are unlikely to be affected by this.
  • There are some Insurance considerations. If you have a like-for-like insurance clause, this means a car written off or stolen within the first year from registration it will be replaced by a new one. If you are the second owner of a vehicle, your like-for-like policy may no longer apply. In this case, you may want to consider other options such as GAP insurance to make sure you are protected from a total loss.

Pros and Cons of a pre-registered car

  • Massive savings off the list price
  • Room to haggle as dealers want to sell
  • Fast delivery

 

  • No customisation option
  • May not be newest number plate
  • You will be the second owner
  • Servicing and Warranty implications

 

Ask an expert

Need expert advise regarding leasing? Submit your question now

Send a Question

eNews Signup

Our best vehicle leasing deals delivered direct to your inbox

Signup now

Callback Request

Request a callback from an experienced vehicle leasing advisor

Request callback

More from our blog…

Trustpilot LogoExcellent - 4.9 out of 52619 Verified Reviews

LUCY POOLE TrustPilot 5 Star

Jake Zeegan was a pleasure to deal with from start to completion and also after sales too! Polite, friendly, professional and trust worthy. We're...

Added 4 days ago

Dawn Gordon TrustPilot 5 Star

I’ve just leased my first car from Rivervale and I’m super impressed with how quick and easy it was. I had lots of questions and Kyle always...

Added 4 days ago

Peter TrustPilot 5 Star

This was my first experience of car leasing and I couldn’t have made a better choice. I needed lots of advice and guidance during the process...

Added 8 days ago

Brian A. Chivers TrustPilot 5 Star

As always, very good service from Rivervale. Assisted especially by the ever- helpful Simon Fuller, & the rest of his team. Ordering of new vehicle...

Added 10 days ago

Jo TrustPilot 5 Star

Swift and easy service as always with Rivervale. Ellie & Abbie guided me through the whole process of ordering my new car with ease, and also...

Added 11 days ago

Customer TrustPilot 5 Star

I Found Kyle, Lydia and the Rivervale team very helpful and professional. Leasing the car and the part exchange was conducted via email and phone...

Added 12 days ago

Sue Dawson TrustPilot 5 Star

Very patient and helpful in finding us the right vehicle to lease. We had quite a wishlist and in the end got everything we wanted. Hope to stay...

Added 15 days ago

Natasha TrustPilot 5 Star

Great customer service, even after I changed my mind. James has been very patient with me and explained step by step as it is my first time leasing...

Added 15 days ago

Peter Halloran TrustPilot 5 Star

Excellent service all round.

Added 17 days ago

Nodrog TrustPilot 5 Star

Professional, friendly service from the Account Manager and Admin team, thank you. All our written and verbal enquiries were dealt with promptly...

Added 18 days ago

Arval Lex Autolease Alphabet BVRLA Seagulls Leaseplan Leasys Hitachi Santander ODO Fleet Insight

We use cookies to make the website work as well as possible and improve our services.

OK Or find out about managing cookies