The easiest, quickest and most convenient way out of your old car and into a new one. You find a car you like at a dealer's and he allows you the trade value of your old one in part-exchange. Works best for popular, readily saleable cars in good condition.
INSIDER INSIGHT:
- Tidy your car up before taking it to dealers. See PRESENTING THE CAR.
- Try to get an agreed trade-in value before settling on a final price for the car you're buying.
- If you're offered poor part-exchange deal, the dealer probably doesn't want your old car. You're almost certain to get more from a private sale.
- Remember it's "cost to change" that counts, not the trade-in price. What's the difference between the negotiated price on the car the dealer is selling and the trade-in value he's offering? That's the amount you've got to find or finance.
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