Leasing pre-registered vehicles - a great way to save money
Why opting for a pre-reg car could cost you less than leasing new
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dPre-registered cars can be a great way to save money if you're considering leasing your next car.
However, it's important to understand that pre-registered cars are not always be directly comparable to new cars. For instance, they may be run-out or pre-current models that are no longer available to order. As a result, you may need to do some extra research to make sure you're comparing like-for-like as specifications may differ.
Even if the details of a pre-reg car appear to be identical to that of a new one, in some cases, pre-reg cars can also be pre-current model year cars that may be identical in appearance but with fewer technical upgrades that may improve performance and economy. Despite this, the savings often outweigh the upgrades, and dealers and leasing companies wouldn't agree to pre-registering and committing to pre-registered vehicle bulk purchases if it wasn't beneficial.
That being said, if you are looking to lease a car and are open to the idea of a pre-registered vehicle, it can be a great way to bag a bargain; just make sure you do your due diligence to ensure you're getting a good deal on a car that meets your needs.
Pre-reg cars are purchased new and registered by franchised dealers and leasing companies to meet sales targets imposed by the manufacturer, or simply to gain leasing market advantage.
They are usually substantially discounted from the full recommended list price, which is reflected in the business and personal lease prices and dealer finance options. Take note that pre-reg cars may fall short on full term manufacturer warranty and can have a few miles on the clock.
It's always a good idea to compare pre-registered and new to ensure you're getting the best deal. At AVC (All Vehicle Contracts), we always have a selection of pre-reg vehicle stock sourced directly from our finance and dealer franchise partners. You can pick, click and tailor make your quote online to find out if leasing a pre-reg could cost you less than leasing new; in many cases, it does
All Vehicle Contracts Ltd
Published: Jan 16 2024
