A new car is without doubt a major purchase for anybody. At buyacar.co.uk we do all that we can to make it is easy as possible for our customers to change their vehicles, and offer both a part exchange service and the possibility of paying in full or in part through a finance loan-once you have saved a quote on our system, our website gives you the opportunity to look into both of these options.
Adding a part exchange to your quote is easy- you just need to enter the details of your vehicle in the boxes provided. If there is anything you are unsure of while doing this, you will be able to find the information on your V5c registration certificate- it is important to ensure that this information is inputted accurately, as there can be significant differences in value between different derivatives of a vehicle of the same model and age.
Once the details of your car are saved on our system, you will be able to see an estimated value for your part exchange, and the ‘cost to change’- the cost of the new car you are interested in less the value of your used car. At this stage this is an estimate- you can get an accurate figure for your part exchange by completing the condition report for your car.
Completing the condition report will allow our underwriting team to accurately assess the trade value of your car- it is a fairly detailed report that gives you the opportunity to tell us about anything that may affect our valuation. Once this is complete, we will send you a valuation for your current car, based on condition and also market factors- we will submit our valuation on the basis of when we expect the exchange to take place, given when your new car would be expected to be ready for delivery.
In terms of finance loans, we have more detailed information in our finance section. We give an estimated monthly cost with each of our deals, based on a typical deal for that particular vehicle. However, once you have a quote saved, you can experiment by using the finance calculator tool on our system- this will allow you to see what your monthly repayments are likely to be if you vary the amount of deposit you wish to pay up front, or if you choose to take out the loan for a shorter or longer period.
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