Certainly possible for a car built in 2011 to not be registered till 2014. And it may not be 3 years, it could be just over 2 if the car was built Dec 2011 and registered Jan 2014.
Also, it could be an import, in which case the UK registration could be from when first registered in this country (I quite often see discrepancies like this when looking at Japanese imports).
Have you actually bought this car?. Because that is the kind of info I'd have wanted to establish before committing to a purchase.
Agree with bbd. Probably new in 2011 and initially registered in somewhere like Jersey or even Northern Ireland. Japan?? Is it UK spec as far as you know?
If you paid a 2011 price, fair enough, but if you're at all worried, I would go through the auction terms and conditions with a fine toothcomb as I think the true age should have been declared before bids were accepted.
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