How can I part-exchange my car?
1. Determine Your Car's Value
Before you begin, find out what your car's worth. You can use Car Owl's free online valuation tool to get an estimated price.
2. Choose Your New Car
Select the vehicle you'd like to upgrade to. Remember, the value of your current car will be put towards this purchase.
3. Approach the Dealer
Visit the dealer offering your chosen vehicle and express your intention to part-exchange your current car.
4. Allow the Dealer to Inspect Your Car
The dealer will need to inspect your car to evaluate its condition and confirm its value.
5. Negotiate the Part-Exchange Value
The dealer will make you an offer. Feel free to negotiate to ensure you're getting a fair deal.
6. Settle Any Outstanding Finance
If you still owe money on your current car, you'll need to settle this before you can part-exchange.
7. Agree on the Deal
Once you're happy with the part-exchange value and the price of the new car, agree on the deal with the dealer.
8. Prepare Your Car
Make sure your car is clean, has fuel in it, and that you've removed all personal items.
9. Complete the Paperwork
You'll need to complete all necessary paperwork, including a new V5C/logbook.
10. Collect Your New Car
Once everything's finalised, you can collect your new car and say goodbye to your old one!
Remember, part-exchanging is just one method of selling your car. For a potentially faster and easier process, consider selling your car online with Car Owl, especially if you're looking to "sell my car" in the UK.
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