Valuation
Before part-exchanging your car, it's essential to get an idea of its current market value. You can get your FREE, no-obligation car valuation HERE or visit us in person. This information will help you when you're ready to part-exchange.
Decide on Your Next Car
While not a requirement for part-exchanging, having a clear idea of the car you want to buy next can streamline the process. It will allow for us to provide you with more accurate quotes and options for your new purchase.
Visit The Dealership
When you're ready to part-exchange, visit the dealership with all your documents, including the V5C, service history, and MOT certificate. Where our team will inspect your car and provide a valuation.
Financial Considerations
If your part-exchange value exceeds the cost of your new car, you may have some equity that can be used towards your next vehicle. Conversely, if your new car costs more than the value of your trade-in, you'll need to cover the difference through a deposit or financing.
Paperwork
Once you agree on the terms, the dealership will handle the necessary paperwork. This includes transferring ownership, settling any outstanding finance (if applicable), and providing you with the necessary documentation for your new car purchase.
A handy checklist of things to remember:
▢ V5C Complete Log Book
▢ Driving License (Matching the V5C)
▢ Current MOT Certificate
▢ Service History
▢ All Spare Keys
▢ Finance Settlement Letter (Where applicable)
▢ Locking Wheel Nut Key (Where applicable)
Part-exchanging your car is a convenient way to upgrade to a new vehicle while getting value for your current one.
To ensure a smooth process, gather all the required documents, maintain your car, research its value, and be prepared for the financial aspects.
With these steps in mind, you can confidently navigate the part-exchange process and drive away in your new car with peace of mind!