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Saving money by buying a pre-registered car
Your old car is looking a little bit long in the
tooth, or your growing family means it is now too small, so it's
time to go looking for a replacement. Naturally you want the best
possible price, so you decide on which car you are going to buy,
look around your the websites of your various local dealers and pick
out the cheapest. The price is right, perhaps a little bit more than
you really wanted to play but it's within budget so off you go to
close the deal; and this is when you come home to hard cold reality.
The first thing that amazes you is the fact that you are actually
asked to pay for the paint! Or less you want it in plain black or
white, and who in their right mind would settle for that these days,
there's a few hundred pounds more to play! "Fair enough" you mutter,
it's still within budget, even though only just. You start to fill
the order form in; and then the salesman asks you what sort of alloy
wheels you want. Naively, you say you are not particular bothered as
long as they are alloy, at which stage you are informed that these
are a hugely expensive optional extra, although you can have pressed
steel wheels with cheap hubcaps at the list price! Becoming a little
bit desperate, you say that you would like to have exactly the same
specification as the car which is starting the dealers showroom, at
which stage you discover that the price that you were quoted was for
a rock bottom standard vehicle with no so-called extras whatsoever,
and that the price you will be expected to pay for what you consider
to be a fairly minimum standard car is many, many thousands of
pounds more than the first price you have been quoted. You have been
being caught by a sales stunt which is almost as old as motoring
itself - the optional extra.
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There is a way out of going through all this which would not only
save you a lot of headaches but also a great deal of money as well;
by a pre-registered car. This is a vehicle which a dealer will have
bought as a demonstration model and it will already have all the
necessary bells and whistles fitted; but the joy is that since it
has already been purchased it is no longer a new car and so it will
have to be sold at a second hand price. Sometimes the difference
between a brand new car and a preregistered one with just a feud
thousand miles on the clock can be extremely substantial which is
hardly surprising when you realise that VAT is payable on the full
price of a new car, but only used vehicle it is only payable on the
difference between the price that the dealer pays for it and then it
receives for it when it is sold. This alone can make a difference of
many thousands of pounds, even allowing for any loss of profit that
the dealer is prepared to accept in order to shift a vehicle which
is not now new.
Bearing this in mind, it could at first be difficult to
understand why any private purchaser would buy a brand new vehicle
but three points have to be borne in mind; the first is that one day
the vehicle is likely to be sold and instead of being sold as a one
owner vehicle it would in fact have had two previous owners, the
present one plus the car dealer. In addition, the vehicle has
probably been driven by a number of drivers whilst it has been used
for demonstration purposes and it is difficult if not impossible to
say how well it has been treated. The third reason however is
probably the most important of all; it is a matter of ego. Many
people want to possess a car for the very first time, and be able to
brighten their friends and neighbours that they had bought it from
new! Let us accept the fact that these no doubt comforting thoughts
are all very satisfying, but they come at a huge price when buying a
preregistered car can save such a huge sum of money.
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