Part exchanging your car
Here you will find some advice on how to use your car as part payment for a new or used Honda. Your Honda dealer will also be happy to discuss the best option for you.
Will the dealer take my car in part exchange?
Using your existing car as part payment for a new one, is of course, very common practice and this is a service which has been provided by the industry for a very long time. All Honda dealers are expert used car retailers and will, in almost every circumstance, be ready and willing to accept your existing car in this way.
Does my car have to be a Honda?
Your Honda dealer will be well equipped to handle most makes and models of cars as they are accustomed to people who want to upgrade their motoring from lesser brands! If the dealer does not intend to resell it themselves, they will still be able to value it competitively for you. Honda dealers are always keen to attract new customers and will try hard to be sure that it is made easy for you.
What if I have an existing loan or hire purchase outstanding for my car?
That’s no problem, it happens frequently. Just take along the details of your loan agreement and your Honda dealer will be able to find out what it will cost to settle up the outstanding amount. That can then, if you wish, be calculated into a new agreement for your next car.
How do I know if I am getting the right price for my car?
Your car will represent major investment for you. Typically, after a house, the largest expenditure any of us make. There are no fixed price lists for used cars but your Honda dealer will use price guides which he will adjust up as well as down, for the condition of your car, the mileage covered, any accessories or fitted options and sometimes, even the colour. Any Honda dealer will be pleased to explain how they arrive at this valuation and will want you to be satisfied enough to buy your new car from them.
What should I do to get the best price?
There are a number of basic steps you can take:
- Obviously, give the car a good clean, inside and out. Car dealers are just the same as the rest of us and will be influenced by an attractive, well presented vehicle.
- Have both sets of keys, the hand book, MOT (if any) and service records with you. A full service history, including any repair invoices will always help the resale value, especially if the car has been serviced by an official franchised dealer.
- Make sure that everything works. Time is always important in business and the dealer will want to be able to resell your car as quickly as possible. A Honda Approved dealer has to be sure the car meets very high standards, so the less he has to do the higher he will value your car.
Honda dealers are chosen to provide high levels of customer care and whichever one you choose for your new car, you can be sure that everything will be done to make sure that your are completely satisfied.