Do dealers take part ex that cost more..
Do dealers take part ex that cost more..
Author
Discussion

xreyuk

Original Poster:

665 posts

174 months

Thursday 15th May 2014
quotequote all
... than the car they're selling.

A friend of mine has a car that's in pretty poor condition, and is likely to get the price hammered by the likes of WeBuyAnyCar. He wants a quick sale, and was wondering if it's common for dealers out there to take a car that is say £6k, and swap it for a £4k car plus cash.

oldnbold

1,280 posts

175 months

Thursday 15th May 2014
quotequote all
Yes it does happen, depends on dealer and the two cars.

Obviously dont expect a dealer to value your friends car at the price he thinks its worth.

SV8Predator

2,102 posts

194 months

Thursday 15th May 2014
quotequote all
^^^^ This.

The webuyanycar valuation is a real-world valuation of what the car may make at auction.

Your "friend" will certainly not do any better through a trade-in deal. How do you think the dealer values the car?


SpeckledJim

33,920 posts

282 months

Thursday 15th May 2014
quotequote all
Yes, no problem, but of course you'll be selling at trade and buying at retail.

lbc

3,331 posts

246 months

Thursday 15th May 2014
quotequote all
If the 'friend' says it's worth 6K, it's probably only worth 3K to the dealer.

paintman

7,860 posts

219 months

Thursday 15th May 2014
quotequote all
Depending on what the 'poor condition' actually constitutes and the cost & time factor of putting the car into retail forecourt sellable condition you may find that a dealer wouldn't want it - at any price.

goldblum

10,272 posts

196 months

Thursday 15th May 2014
quotequote all
They may. I exchanged a 911 Carrera for an Audi RS6 and some cash. About £8/9K IIRC.

snoopy25

2,107 posts

149 months

Thursday 15th May 2014
quotequote all
Yes definately!

When i part ex'd my Civic Type R for my Megane Coupé I had £500 back in cash smile