Pre-owned is a used item through lease/rent but not owned by anyone yet?
What about pre-loved?
This is easy, always go for the pre-owned.
See, think of it like a spouse. Would you rather have a "used" spouse or a "pre-owned" spouse.
The "used" spouse is generally worn down and now useless, as they've been "used" and thus thrown away now that they are worn out.
However, the "pre-owned" spouse has sought and found freedom, thus breaking the shackles of matrimony in order to seek true harmony. They are on their second wind and good to go.
I hope this helps settle the matter.
Regards and Happy New Year,
Doug
"Pre-owned", semantics, fancy way of saying "used". Spin, jargon, whatever you want to call it. Maybe the "used" is a little cheaper because it doesn't sound as smooth?