- How to part exchange your car: the definitive guide
- Part Exchange | Autoworld UK
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Your car will represent major investment for you.
Typically, after a house, the largest expenditure any of us make. There are no fixed price lists for used cars but your Honda dealer will use price guides which he will adjust up as well as down, for the condition of your car, the mileage covered, any accessories or fitted options and sometimes, even the colour.
Any Honda dealer will be pleased to explain how they arrive at this valuation and will want you to be satisfied enough to buy your new car from them. Honda dealers are chosen to provide high levels of customer care and whichever one you choose for your new car, you can be sure that everything will be done to make sure that your are completely satisfied. Main Content Page Navigation. Back Jazz. Civic 5 door. Civic 4 door. Civic Type R. CR-V Hybrid. Honda e. Accept Reject. Performance Cookies.
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How to part exchange your car: the definitive guide
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Part Exchange | Autoworld UK
Email address. Well, firstly, if you sell your old car privately , you are likely to get a better price.
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Secondly, as a cash buyer you will haggle more effectively during your negotiations at the dealership. A dealer will work on the assumption that they know a lot more about cars and the automotive industry than you do — and, in most cases, they are right. So, buying outright helps to level the playing field.
However, it is not always quite so straightforward. PX can very quickly become quite complicated — particularly if you are attempting to buy your new car on finance. Though, on the face of it, it might seem like a hassle, in most cases you will get much more money if you sell your old car privately or sell to an online car buyer — and, crucially, this will mean buying the new car will be a simpler process and your repayments will be lower.
There are certain things that dealers will typically look out for when they are looking around for a good part exchange. Such things as sought-after makes and models with added extras, low mileage and unusual or rare factory colours. At the time of writing, dealers are also currently favouring SUVs over estate cars and other more traditional styles as their popularity grows , but this may change over time,.
Then take it to a few dealerships to get a valuation. Any dealer worth his salt is likely to test your old car and look at the bodywork, before giving you a price.
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Small scratches, scuffs, chips and dents will all naturally contribute to a lower value and offer. Even the most superficial damage will make a resale more difficult and cause the dealer to take this into account or, at least, use it as a reason when making an offer in order to minimise their own risk. Another thing that dealers will be looking out for will be if the car has a full service history — and surprisingly few sellers seem to realise this. This will always add value to your car — whereas, a missing or incomplete history will lower the price and give the dealer pause for thought.
With a full service history from a franchised dealer, they will be happier to make a judgement call on the current state of the vehicle and how it has been treated over the years. What is your old car worth? There are plenty of websites where you can get a free valuation , just by adding a few details about your car. If you do sign-up to a car buying service online, it makes sense to be honest when filling-out the details about your car.
There is no point in attempting to bluff the website as all buyers will check the authenticity of any details you enter. Also, there is no pressure to sell to any of the car buying websites in the comparison table. That said, though these car-buying services will help you get an idea of what you might expect at the dealership, many of them also offer other inducements — such as free home collection of the vehicle and instant bank transfers of the agreed price — consequently, offers and valuations can lower than the price a good dealer is likely to give.