A pre-registered vehicle is essentially a new van or car, but it's been registered in advance by the DVLA, often by a dealership to meet sales targets or avoid penalties for not meeting brand targets. While it may have a registration date that's slightly earlier than when you take delivery, it’s still in brand-new condition.
There are a few benefits to leasing a pre-registered vehicle:
1. Lower Costs: Because the vehicle has technically been registered, it can often be offered at a lower price compared to a brand-new vehicle. This could mean lower monthly payments for a higher-spec model.
2. Quicker Delivery: Since the vehicle is already registered and ready to go, you can take delivery much sooner than if you ordered a brand vehicle, which might involve a longer wait for manufacturing and shipping.
3. No Impact on Warranty: The vehicle still comes with the full manufacturer’s warranty, just like a brand new vehicle would, so you're still covered for any potential issues.
4. Same New Car Perks: You'll still get the same brand new vehicle experience, with a fresh interior, no previous wear-and-tear, and the latest features.
So, even though a pre-reg vehicle isn’t brand new in the strictest sense, it can offer great value and benefits for those looking to lease a new car at a lower price and with quicker delivery.