How to get the best part exchange price
Learn how to maximise your part exchange value
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If you’re looking at trading in your car for a new model, you’ll likely want to know how to get the best part exchange price.
A part exchange allows you to trade in your current car and use the value towards the cost of your next one. It’s a great way to easily swap out your old car for something fresh without the hassle of privately selling.
There are a few ways to get the best part exchange price, but you’ll also need to consider that your car will be fully inspected and things like mileage and age will be taken into account to value the vehicle.
When is the best time to part exchange a car?
There are a few things to think about when it comes to the timing of part exchanging your car.
First off, you’ll want to keep an eye on the depreciation of the vehicle to find a good time to switch.
To get the best price for part exchange, you’ll want to trade in your car before it gets ‘too old’. You can usually expect your car to depreciate by up to 50% in the first three years of ownership from brand-new, but the rate of depreciation usually slows down after this period.
It’s a good idea to keep an eye on the market for your car and see how much your model is currently worth. This can help you find the best time to part exchange.
Part exchanging your car before it’s starting to show major signs of wear and tear can also help you retain value.
Preparing your car for part exchange
There are a few things you can do to get your car ready and ensure you get the best car part exchange price.
All cars pick up minor signs of wear and tear through daily use, but obvious scratches and scuffs can negatively impact your car’s value when trading in.
There are various ways you can try and get rid of light scratches yourself, such as polishing and buffing them out, so this might be a worthwhile exercise if you're aiming for the best possible price.
You might also want to think about replacing any missing or damaged parts on your car.
Important elements, such as your car-locking wheel nut key or spare keys, will be needed by your buyer. It’s easy to get hold of replacements if yours have been lost.
There are other parts on your car that can easily become lost and are cost-effective to replace, and these can make your car more attractive at trade-in. Consider replacing things like wheel trims, dust caps and boot shelves if needed.
Should I clean my car before part exchange?
It’s a good idea to get your car cleaned before the part exchange trade. You don’t need to go to town and get a full valet, but a clean car will usually make a better impression and help you get the price agreed.
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Part exchange with cinch
You can part exchange with cinch by using our free online valuation tool, and you’ll be given a instant quote.
We check prices on a daily basis to ensure we offer you a fair market value for your car.
If you're happy with the price we've offered you, all you need to do is choose your next car from our range.
The part-exchange value of your current car will be put towards the finance or cash price of your next one. Simple.
We'll collect your old car at the same time as delivering your new one. You’ll just need to make sure you have the right part exchange documents to give to us.