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Message: <blockquote data-quote="astroboy" data-source="post: 549704" data-attributes="member: 4527">Technically, it's considered 2nd hand when we bought it. When selling it, it's considered 3rd hand for the next buyer. Value wise, it's up to the buyer. Bear in mind that you did not pay full price of the car, so if you worry, you can always pay full price for the car and become the 1st owner.They call it pre-registered to make you feel better, it's technically pre-owned but under the local BMW market's definition, "pre-owned" comes with few thousand km of mileage and it's even more cheaper than a pre-registered unit. The 3rd owner really couldn't be bothered because to them pre-registered = pre-owned.. :4: This pre-registered thingee existed long ago in the local BMW market, nothing new.</blockquote>