The part exchanging of vehicles is becoming more and more common with less people having the time to sell their cars privately. When you opt for a part exchange, you are bypassing all the potential time wasting buyers and the fees to advertise your car for sale privately, making it a very attractive option for many motorists.
Some dealers may even pay you over the odds for your old car in order to sell you a new car. Furthermore, some dealers pay you a minimum cash fee for a part exchange vehicle.
When you part exchange your car with a dealer, the value of your car goes towards the cost of your new car. This can offer you a new negotiating tool as you are providing the dealer with an asset (your old car) that can generate extra profit for them, as opposed to a cash deposit which will not generate any extra profit.
Below are just a few tips which will help ensure you get the best possible price for your vehicle.