You are correct, Bear. However, they don't use words like second hand, or preregistered. Seemingly all manufacturers (other than VW, for some reason) preregister a number of cars to massage their sales quota with head office. They then sell them on to you at a discount. It's a case of "caveat emptor", I'm afraid. However, in my case the waters were muddied even more. Since the Brera was being discontinued and couldn't be shifted due to the engine sizes, I never associated the discount with preregistration and took the salesman at his word that the discontinuation was reason for the discount. Furthermore, the date of registration was blank on both the Order form and service booklet. Furthermore, there was 0 on the clock. Furthermore, the predelivery service stamp is dated the day before I collected the car! Can anyone blame me for thinking I was buying a new car? The reason for my post is not to ***** about it, however, but to find out if anyone else has been stung by this tactic. I don't want to mention the garage, but I am hoping that there are others with a similar experience, who might have purchased from the same place.