Car Mechanics (UK)

Pre-reg pick­ings

- Taiwan · Belgium · Sweden · Austria · Ford Motor Company · Ford Focus 2

At a re­cent Fleet and Fi­nance sale, the trade’s in­dif­fer­ence to pre-regis­tered stock was some­what alarm­ing. Ad­mit­tedly, the sale was just days be­fore the ar­rival of the new 69-plate, but it did high­light that new car sales were more stag­nant than nor­mal over the sum­mer. It seems only PCP in­cen­tives are mov­ing the metal right now, with a flood of pre-reg cars out there.

Take VW’S T-ROC. These have come from nowhere to be ev­ery­where. Their pop­u­lar­ity makes you won­der if any­one is still buy­ing Golfs. They’re not my cup of tea, but that only high­lights how trendy they must be.

One I saw re­cently was a 1.0 petrol TSI in SE spec that had just been regis­tered in July. It was fin­ished in that un­der­coat white ‘colour’ which seems to be the height of fashion and the mileage was a nom­i­nal 1092. The cost new would have been at least £23,000 be­fore any options. It sold for £17,100 + the Out, mean­ing de­pre­ci­a­tion worked out at more than £1000 per week for one of the hottest new cars on the mar­ket. Alarm­ing or what?

Or how about a work­man­like Ford Fo­cus 1.0 es­tate fin­ished in fire-en­gine red and Ti­ta­nium spec? This was the very lat­est shape of the Fo­cus, slightly older than the T-ROC, be­ing a 18/68, but still rep­re­sent­ing cut­ting edge tech­nol­ogy in the one of the world’s best-sell­ing cars. Mileage was again a nom­i­nal 1395 and it sold for £15,100 + the Out. Again, this car be­fore options wouldn’t have given you much change from £23,000.

What­ever in­cen­tives man­u­fac­tur­ers are of­fer­ing to get you into a new car, can you re­ally af­ford not to take a punt on a pre-reg ex­am­ple? Put it this way, how many pay­ments would you make to match the level of de­pre­ci­a­tion I’ve just out­lined above? I’m re­li­ably in­formed the de­pre­ci­a­tion of nearly new sub­premium SUVS is even more alarm­ing.

‘De­pre­ci­a­tion was more than £1000 per week’

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