Whether you're thinking of selling your vehicle, or part-exchanging it for a new vehicle, you'll want the best price possible. Our easy to use tool will give you a good idea of what it's worth from the comfort of your sofa, so you can spend more time doing the exciting part, looking for your next one.
Our vehicle valuation tool will check your vehicle against the current market value and let you know what you can expect for your car or van in a few seconds.
Factors that affect the value of your vehicle:
Our car value checker is powered by CAP HPI, who have an extremely extensive database of real time car values from across the UK, so you can trust that the value you’ll receive is a true representation of what your vehicle is worth.
Our valuation tool will give you three price options for your vehicle, to help give you an idea of how the condition will affect the price:
Whether you’re looking to part-exchange your current vehicle or you’re just feeling a bit curious as to what your current vehicle could be worth. Our vehicle value checker will give you a brilliant idea of what you could get for your vehicle, helping you budget for your next one or even just giving you a bit of extra cash if you don’t need it any more.
Part exchanging your old vehicle can help you manage the cost of a new car. This guide explains the key benefits and all the information you need.
Are you thinking about buying a new vehicle? If you already have a car, then you might want to consider trading it in; a part exchange can ensure that your new vehicle purchase is more budget friendly while simplifying the process of getting rid of an older vehicle that you no longer need.
Many car dealers provide you with the option of exploring a part exchange when you buy a new car. With this possibility, you trade in your existing vehicle and use it as value against the new car that you want to purchase, thus lowering the purchase price.
Part exchange will usually be mentioned as an option when you first meet with a car dealer. They will ask whether you have an older car that you are interested in selling. Usually, they will explain how a part exchange process will work. If you do have a vehicle you want to sell to take money off a new car purchase, the car dealer will complete a thorough inspection of your vehicle. They’ll then tell you exactly how much your part exchange is worth.
For instance, your new car purchase price might be £20,000 and you could have an old car that is valued at £5,000 by your dealer. If you decide to part exchange, then you would give the car dealer your old vehicle and only have £15,000 remaining to pay for your new one.
There are numerous benefits of part exchanging your vehicle. The main advantage is that the process of selling your used car is far easier.
Selling an older car can be time consuming and stressful. You’ll often need to deal with buyers that seem interested and then leave you hanging. If you are keen to sell your car quickly, then a part exchange will be the right decision for you.
You may also find that you get more from a part exchange compared with selling your car for cash. A dealer will often encourage you to complete a part exchange by offering you a deal that does provide you with the right level of value that you need.
In some cases you can even part exchange a vehicle that is no longer driveable and needs a lot of expensive repairs. A dealer will often buy a car like this if they are interested in salvaging the parts. This can be just as financially beneficial for them as investing in a car that they will be able to sell on to a new buyer.
Vehicle Part Exchange FAQs
When you bring your car to Swansway Group, all you need is your registration plate and vehicle details with your mileage. It’s so easy to get your valuation with us!
Simply enter a couple of details about your vehicle in our checker up above and let us do the work for you. Our vehicle value tool will bring back the true market value for your vehicle in seconds, leaving you more time to do the exciting stuff – decide what to part-exchange your vehicle for.
It will depend on the tool you use and what data the valuation is based on. For example a valuation tool based on a limited set of data will be less accurate than one with a bigger database to compare to. That’s why Swansway’s vehicle valuation tool uses the expertise of CAP HPI, who have a vast database of vehicles and their market values, providing the most accurate online vehicle valuation for you.
The biggest factor in determining a car’s value is its mileage so it’s best to keep it as low as you can. Another factor that can increase the value of your vehicle is the condition, if you’ve maintained a regular service schedule and kept the vehicle free of bumps and scratches you’ll receive a higher value than the same vehicle that hasn’t received the same care.
With mileage being one of the biggest considerations in the value of your vehicle, it’s no surprise that if you regularly travel a lot of miles it will negatively affect the value of your vehicle. A full service history is ideal when part-exchanging your car, as it’s proof that you’ve maintained the car and reduced wear and tear. The overall condition of your vehicle is also important, if you’ve got a few bumps and scrapes that will need repairing before resale it will decrease the value you’ll be offered for your vehicle.
Mileage is considered to be the biggest influence on a car’s value, this is for a couple of reasons, extensive or high mileage to a vehicle can cause more wear and tear to other parts of the vehicle, meaning it will need more service work for the future buyer. Secondly mileage is one of the most important factors to second hand car buyers, making a car with higher mileage less desirable.
An average mileage for a vehicle is around 10,000 to 12,000 miles per year, so if you’re doing more than this it will affect the value. Obviously mileage isn’t the only thing considered when valuing a vehicle, and sometimes high mileage can’t be avoided, so try not to worry if you can’t reduce your mileage.
Part-exchanging a vehicle is where you trade your current vehicle for a new one and pay the difference. So for example, if you’re looking at a car that costs £6,000 and your current car is valued at £3,000, you’ll just need to pay the difference of £3,000. You can use your part-exchange as part of a cash purchase, like the example mentioned, or as part of a deposit for a finance agreement.
When you opt for a part exchange, your old car will be handed over to the car dealer when you get your new car. This means that you will always have a car that you can drive and you won’t have to worry about finding space for two vehicles. You also won’t have to insure and tax two cars at the same time.
You might be able to part exchange your vehicle with existing finance on the car. This will depend on the car dealer you choose and whether the part exchange valuation is higher than the amount that you owe to the lender or the dealer. You’ll need to know the correct settlement amount before you can explore this option but your Sales Executive will be able to advise you on the process.
You should gather all the necessary paperwork for a part exchange. This includes:
You aren’t required to do anything to a car before you part exchange it, except remove all your belongings!