August 03, 2017

How to Part Exchange Your Car

The first thing you need to know before you go to a dealership is to gain knowledge on how much your car is worth. This is incredibly important as it is what you will use to get the best deal on a new purchase. Buying a car is a large expenditure, and so you need to be able to get the best offers you can to make it more affordable. If the dealer realizes you are knowledgeable on your car, then they won’t try and have you over on a dodgy offer. Search for trade-in valuations online before you go and agree on prices.
How to part exchange your car: eAskme
How to part exchange your car: eAskme

When trying to sell your car to a dealership you need to think about the kind of cars they want to buy. For example, if you are trying to sell a Kia to a Vauxhall specific dealer, you may run into trouble. Try and find a dealership that sells a wide range of makes and models, then you’ll have more chance of them having interest in your car. Blackburns UK, for example, stocks a huge range of vehicles and offer competitive prices for any car. Before you find a dealership, check around and get quotes, most offer free, no-obligation quotes and this makes it easier to find the best price.

Keep an open mind when part exchanging your car, that it may need repairing. Repairs can be expensive, so try and budget for this as well. It will also help if you keep a full-service history of your car. This will make a massive difference to the price offered, as now the dealer knows all the services that have been done to the car, what’s new and what’s not. If you do your homework, and work out how much the repairs will cost, then you can make sure the dealer takes the right amount off and no more than that.

Negotiating may sound terrifying to some, but it’s not as scary as it seems. In this situation, knowledge is power and confidence is key. Figures show that the ending price is normally closer to the customer’s first number than the dealers offer. Don’t be afraid to walk away from a deal if it seems too much, you can find a better one and sometimes the dealership will contact you again with a different price. Another important point you need to remember is to keep the selling deals and the buying deals separate. They are two different payments and you want to get the best deal on both individually.

Overall, it’s clear that the most important thing to have when part exchanging your car is the right information. If you are clear on what you should be getting, you are more than likely to get the deal you want. Good luck!