Should I Part Exchange My Car?

The easiest way to decide whether or not to part exchange your car, is to weigh up the pros and cons of each option.

Part Exchange

There are numerous benefits to part exchanging your car. One of these benefits is how quick and convenient it is. Rather than having to find someone to buy your current car as well as making a purchase elsewhere, part exchanging allows you to do it all at once in a single transaction.

It also means that you won’t be left without a car for any amount of time.

A dealership can help you move your finance onto the new car or settle it straight away. Our financial advisors are available to speak to, to find out more.

However, some people choose to sell privately or to a car-buying company because they believe that they can get a better deal than if they were to part exchange.

Selling to Car-Buying Companies

At Whitestone Garage, we carry out a thorough assessment, similar to those conducted by professional car-buying companies, using our knowledge of the market to give you an accurate valuation.

As an independent business, we don’t have to worry about covering large overheads like big national firms do, so we can offer you a great deal!

Selling Privately

If you sell your car privately, there is a chance that you may find someone willing to pay more than the amount we have deemed to be your vehicle’s true market value, but it is certainly not a given, and it is unlikely to be a significant difference.

In addition to this, you will have to do all the work if you sell privately: researching market prices, creating adverts, taking pictures, arranging meetings. This is time consuming and can be costly. Not to mention, selling a car privately takes around a month on average.

Essentially, if you want to sell your car and get a new one quickly and hassle free, part exchange is the best option. If time is not an issue for you and you are happy to put the money and effort into selling privately you might be able to get a better price.