Not sure how this works, for example If I wanted to part exchange my car in at a dealer with outstanding finance, but the car I'm interested in is lower than the px value.
Not sure how this works, for example If I wanted to part exchange my car in at a dealer with outstanding finance, but the car I'm interested in is lower than the px value.
Depends how much of a difference there is, some places will add the remaining balance onto the finance for the new car
The way I read it, he means it's the other way around - his current car is worth more than the one he's buying.
I think I'll get about £3500 - £3800 for mine 06 1.8VVT Exclusiv with 32k and looking at a coupe which is 3k, and I have about 2.8k left on the finance.
Thats it Jezzy you got the idea
Ah my bad the finance will be cleared first and whatever is left will be taken off the value of the new car. Say they offer you 3500, the finance (2800) will be cleared first and then your have 700 taken off the price of the new car meaning the remaining balance of the new car would be 2300
Cheers mate, full of wisdom
They wont offer you £3500, top book for a px is around 3200 and most dealers would start at bottom book, i.e around 2600.
Thats terrible, I was going off Parkers figures and deducting a bit then.
This is what really puts me off buying a brand new car out of the show room the money you lose from leaving the forecourt is unreal.
Parkers prices have long been a industry joke, take a look on vauxhalls website, they have a free link to glasses guide for px prices.
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