Part-Exchanging Your Car: The Info You Need

Mini

MiniOne of the best ways to drum up the necessary funds for buying a new car is to part-exchange your old one.

However, there are a few things you’re going to need to do in order to carry this out successfully. By following the tips we’re going to mention today, you’ll be able to get the biggest reductions. So, let’s take a look at what you need to know.

Clean Your Car

The first thing you’re going to want to do is to clean your car inside and out. Places like Sandles Car Supermarket encourage you to do this – “Make sure your car has had a good clean on the inside and out so it is looking it’s best!”. When you’re part-exchanging, the idea is to make your car as attractive as possible. Take it to a local car wash and take the time to get the vacuum cleaner on the interior. It’s amazing how much value a simple clean can add to your vehicle.

Bring The Documentation

This is something that often catches people out, and it can be a big issue if you’re a long way from home. Whatever you do, if you’re going to sell your vehicle, bring the documentation with you. It’s a legal requirement for the buyer to obtain all the necessary information they need. If you can’t provide it, they can’t buy it. Don’t leave the house without it, or you might have wasted a lot of petrol in the process.

Get A Private Valuation, Too

I’m not saying this because you should sell privately instead. However, it can be useful to get a private valuation so you understand the value of the car. You don’t have to jump through hoops to get this. There are loads of online resources that can help you to determine the ideal value of the car. Use this knowledge to make sure you get the best price when part-exchanging.

Consider The State Of The Car

It’s important to keep in mind that the state of the car will make a big difference in terms of the price. While you get might get more by selling privately, there’s no guarantee that you’ll find a buyer quickly. Getting an old banger off your hands by part-exchanging is often a quick and easy way to do so, even if you don’t save much money. You aren’t going to be seeing too many pound signs if it isn’t in a good state.

Don’t Be Afraid To Haggle

If you’re quoted one price, don’t be afraid to ask whether it can be raised. Ultimately, you want to get the most money you can for this vehicle. It’s as simple as asking the question, and if you never ask, you’ll never know. This way, you should both be able to come to an agreement that you’re happy with.

The best part about part-exchanging, in my mind, is that it’s so easy. There’s none of the hassle of actually trying to sell your car on your own. The monetary benefits aren’t bad, either!

Written by