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Can I part-exchange my current car when I buy?

We can’t guarantee that your current car can be used for a part-exchange, but our assessments can be used to determine the value of your car, which can be used against any vehicle available at our showrooms.

Part-exchanging means using your current car to pay part of the cost of a new (or new to you) car. This will reduce the overall amount that you need to pay towards the new car, and can be used with a cash payment or while using finance to pay for the car over a longer period.

How does part exchange work?

At The Car People, we assess your car and give it a single value which can be used against any make and model we have available, rather than providing different figures based on the car you’re looking to buy.

The process of setting the figure for this involves a soft valuation based on the information you give to our team. The details they need to know include all of your car details (year, registration, make, model, engine type, etc.), the condition of the car, and the mileage. From this, we can give you a soft valuation subject-to-view.

If you’re happy with the quote, you can arrange to have the car viewed to have the offer confirmed. To find out instantly how much your car could be worth, use the part exchange calculator.

How does part exchange work with car finance?

If you’re looking to support your car purchase with finance, in most cases you can use part exchange to pay for part of the car. This will reduce the amount that you need to borrow through finance, making it a great money-saving option.

In the instance that your current car still has finance against it, we can help to transfer the negative equity on your old car onto the new finance you’re looking to use.