We use the term 'pre-reg' and 'pre-registered' to describe some of our offers on our website. This guide will help you understand what those terms mean and why they may be good for you.
You may have noticed that some of our special offers have been tagged as ‘pre-reg’ or ‘pre-registered’ and you might not know exactly what that means. This guide is there to shed some light onto to what a pre-registered car is and how it can benefit you when you are leasing.
A pre-registered car is a car that has been registered with the DVRLA prior to the day it is delivered to you. When it comes to leasing a pre-registered car, the vehicle is still brand new and hasn’t been driven daily by another customer or by a dealership. However, the car cannot be pre-registered for more than 90 days otherwise it loses it eligibility for leasing.
Car dealerships and car suppliers get paid for supplying the car once it has been registered which is usually on the day the car is delivered to or picked up by the customer. They pre-register cars in some instances to fulfil their sales quota for the month.
However, cars are sometimes pre-registered so that the price on them can be secured. If it is known that a car is going to go through a price increase, some suppliers pre-registered a batch so that they can sell them on at a lower price.
If you have any questions about pre-registered cars, get in contact with our team who will be happy to answer them for you. You can email us at email@example.com, send us a message on our live chat service or give us a call on 0345 350 3776.