- Why do car dealers pre registered cars?
- Is it worth buying ex demo cars?
- Are pre reg cars a good deal?
- Is a pre registered car new?
- Do you pay VAT on pre registered cars?
- Does a dealership count as an owner?
- What is acceptable delivery mileage on a new car?
- What should you not say to a car salesman?
- How much should I get off a demo car?
Why do car dealers pre registered cars?
Some new cars are registered to dealerships before they’re sold to customers.
Known as ‘pre-registered cars’, they often come with significant discounts as a result.
To meet them, dealers sometimes buy cars in bulk from the manufacturer, anticipating that they will be able to sell them on as pre-registered models..
Is it worth buying ex demo cars?
Is an ex-demo car a good deal? Ex-demo cars are usually high-spec models because dealers want to show off the best options and packages to potential customers. … Finally, ex-demo cars will usually have covered fewer miles than their similar aged used-car-market counterparts, so you’ll benefit from owning a ‘newer’ car.
Are pre reg cars a good deal?
If you are fully aware of what you are buying then a pre-registered car can be a good deal, especially if the dealer has a lot of them to sell, has had them for a while and is prepared to offer even bigger discounts to get them sold.
Is a pre registered car new?
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.
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.
Does a dealership count as an owner?
Dealers don’t count toward the # of previous owners. Even 2nd hand car dealers, so long as they got the paperwork right.
What is acceptable delivery mileage on a new car?
200 milesThe general rule, though, is that anything under 200 miles is acceptable for a new car. That allows enough capacity for transport from the shipping port or between dealerships if the car has to be sent to a new showroom. It’s also unlikely that the car would suffer any technical issues with fewer than 200 miles.
What should you not say to a car salesman?
10 Things You Should Never Say to a Car Salesman“I really love this car” You can love that car — just don’t tell the salesman. … “I don’t know that much about cars” … “My trade-in is outside” … “I don’t want to get taken to the cleaners” … “My credit isn’t that good” … “I’m paying cash” … “I need to buy a car today” … “I need a monthly payment under $350”More items…
How much should I get off a demo car?
What Should You Pay for a Demo Car? A good way to figure out what you should pay is to see what a comparable new car is selling for. Generally, you’ll want a discount of 25 to 40 cents per mile driven. On a vehicle driven 5,000 miles, this comes out to a discount of between $1,250 and $2,000.