Trade-in (Part Exchange)
A trade-in is selling your old car to the dealer as part payment.
What is Trade-in (Part Exchange)?
It is convenient. Prices may be lower than private sale. Condition affects value. Online valuation tools and dealer quotes help estimate a fair price. Some dealers offer higher trade-in values but lower discounts on the new car, so compare the total deal. Cleaning the car and having the paperwork ready can improve the offer.
How it works
The dealer values the car and deducts it.
Why it matters for your car
Know the market value. Compare offers.
Other terms
- Automatic Transmission
- Boost Pressure Sensor
- Brake Line
- Cooling System Bleeding
- CV Boot
- Cylinder Liner (Sleeve)
- DPF Differential Pressure Sensor
- Engine Balance (Primary And Secondary)
- EV Charging Adapter
- Flat-Plane Crankshaft
- Insurance Excess (Deductible)
- Octane Rating
- Rear Fog Light
- Shock Absorber
- Third-Party Liability Insurance
- Top Dead Centre (TDC)
- Transfer Case
- Tyre Age (DOT Date Code)
- Tyre Repair Kit (Sealant Kit)
- Wiper Motor