A new car is incredibly expensive and when you are trying to manage a family budget, you may struggle to find the money. Unfortunately, cars are a necessity for most of us, so it isn’t a purchase that you can really avoid. However, there are ways that you can make the cost of a new car more manageable.
Part exchanging your old car is one of the easiest ways to get money off a new car and make it a lot more affordable. But if you are going to do this, it’s important that you know what you are doing beforehand so you can get the best deal. If you are planning to part exchange your car, make sure that you read these important tips first.
Give The Car A Makeover
A car that is in great condition will fetch a good price when you part exchange it, but an old rust bucket will get you next to nothing. That’s why it’s important that you give your car a bit of a makeover before you take it in. There are plenty of ways that you can give an old car a new look, like giving it a full wash service and wax and getting rid of any rust spots. A fresh coat of paint may also be needed if the car is particularly old. These small cosmetic changes can boost the price that you get when you part exchange your car and save you a lot of money.
Find A Reliable Dealer
You will never get a good price for your car if you take it to a dishonest car dealer. They will offer you a ridiculously low price and try to pressure you into taking it, so it’s important that you find a reliable car dealer like Ron Skinner and Sons who deal with a lot of part exchanges and know how to price cars fairly. However, it is also important that you shop around and check prices at a few different dealers before you make your final decision.
Don’t Mention Part Exchange Right Away
Mentioning part exchange as soon as you arrive at the car dealership is a big mistake. The car dealer may push up the price of the new car because they know that you are getting money off for the part exchange, and you won’t save as much money. It’s far better to go in and start looking at some new cars and get some prices first. Then mention that you have an old car to trade in and see what discount they will give you. That way, they can’t realistically push up the price of the new car because they’ve already agreed upon it.
Once they do offer you a price for the part exchange, it is important that you haggle. Never accept the first price that you are offered because that is usually the lowest they are willing to go and you could get more for it if you are willing to negotiate.
As long as you follow these important rules, you will be able to get a great deal on your car when you part exchange.