Snows Group have compiled a guide of useful information to aid you with your part exchange:
When you are trading your current car as a part exchange at the dealership, the dealer will work out how much they should pay for your car (the trade price) and how much they’ll be able to sell it for (the retail price).
The price that you are given will be determined by four factors: the age of your car, the mileage of your car, the condition of your car, and finally any specifications that have been made.
If you have basic information about the valuation of your vehicle before you start the exchange, this will help you judge whether the dealer’s opening offer is accurate or suitable for your current car.
It’s important to ensure that you present your current car to the dealership in the best possible condition. This will help you to achieve the best part exchange offer. Just ensuring that your vehicle is clean and tidy will communicate to the dealer that you have looked after the car, which is important as they are technically buying it from you. This also means paying attention under the bonnet and making sure every component is working efficiently and looking smart.
If you manage to touch up any imperfections, scuffs or dents in the best way possible, this will also make a considerable difference to the value you receive. Also keep in mind if your car has had any kind of paint and/ or interior protection, and be sure to mention this as it will likely add to the value.