{"id":78,"date":"2020-08-19T18:35:55","date_gmt":"2020-08-19T17:35:55","guid":{"rendered":"https:\/\/www.sellmycars.co.uk\/blog\/?p=78"},"modified":"2023-06-26T13:38:04","modified_gmt":"2023-06-26T12:38:04","slug":"is-cash-king-when-part-exchanging-your-car","status":"publish","type":"post","link":"https:\/\/www.sellmycars.co.uk\/blog\/2020\/08\/19\/is-cash-king-when-part-exchanging-your-car\/","title":{"rendered":"Is Cash King when selling Your Car?"},"content":{"rendered":"\r\n

Selling your car for cash is a smart move.<\/p>\r\n

You’ve seen it, you’ve heard it. That sharp intake of breath when the car salesman first looks at the car you’re looking to part exchange. Then comes that classic phrase “there’s not a lot of demand for this type of car anymore” or it’s the wrong colour, it’s the wrong type of engine, it’s the wrong transmission. And so the process of negotiation for the price of your part exchange car begins.<\/p>\r\n

It’s a process that you do only occasionally and the salesman does half a dozen times every day. it stands to reason that he’s going to be better at it than you and he’s going to chip away at the price you’ve got fixed in your mind until he gets the price that he’s satisfied with, and therein lies the problem. He wants your car at the lowest price possible and you want the highest price possible. So before you’ve even started buying a car\u00a0 you are skirting around the part exchange deal.<\/p>\r\n\r\n\r\n\r\n

\"\"<\/a><\/figure>\r\n

See how cash offers can vary<\/h4>\r\n\r\n\r\n\r\n

The price and age of the car you are buying\u00a0 will affect the part exchange offer. If you’re buying a brand new car then all the dealer wants is to to sell you his new car and very often your part exchange will go straight off to auction. With some cars there’s often more money to be made by the dealer on the higher valued part exchange cars than the car he’s selling. That’s why it’s a protracted difficult and tense part of the car buying process.\u00a0\u00a0<\/p>\r\n\r\n\r\n\r\n

Often a salesperson will tell<\/em> you that there is no benefit in you offering cash. Don’t believe them. Cash is king<\/a>, especially in this current environment where covid19 has changed everything.\u00a0\u00a0<\/p>\r\n\r\n\r\n\r\n

So negotiating the price of a part exchange car is a well-rehearsed dance on the part of the salesman. How then can you simplify the process? How then can you walk into a dealership with cash in your pocket? Type in to google<\/a>.\u00a0<\/a>sell my car<\/a> and sell your car for cash.<\/p>\r\n

Here’s how we can simplify the process.<\/h4>\r\n\r\n\r\n\r\n

Using sellmycars.co.uk simplifies the process,\u00a0 it takes out one whole stage of negotiation. You’ve got cash in your pocket when you walk into a dealership. The only thing then to negotiate is the price of the car that you’re buying. the whole process is simplified, it’s more transparent, it’s easier to negotiate because you have got cash in your pocket.\u00a0<\/p>\r\n\r\n\r\n\r\n

Selling privately can be risky.<\/h4>\r\n

Now there is always the option to sell my car privately. but there is a cost to this, in terms of personal time and advertising costs. Do not underestimate the number of time wasters and the number of enquiries that you have to deal with before you sell your car and in these covid-19 times even giving someone a test drive isn’t easy.\u00a0<\/p>\r\n\r\n\r\n\r\n

Be very careful as well when offering test drives to strangers, most people would just jump out of the driver’s seat and walk around to the passenger side to give someone a test drive. It’s been known for someone to jump in the driver’s seat before the seller got in the passenger side and just drive off. Always make sure you take the keys out of the car and walk around the car, get in\u00a0 the other side and then hand the keys over if you’re happy to even let them test drive. Make sure they’re insured as well.\u00a0\u00a0<\/p>\r\n\r\n\r\n\r\n

What about loans?<\/h4>\r\n

While we are talking about cash being king let’s also think about loans<\/a> for a minute. If a dealer arranges a loan<\/a> for you he or she will get a commission for arranging that loan. There’s only one person who pays that commission, you. You’re much better off to go to a comparison site like moneysupermarket.com<\/a> and see what loans you can get. Alternatively you could sign up to Experian put in your personal details and they will calculate your credit rating and offer the best loan deals. More often than not you will get much better rates when you arrange a loan yourself.\u00a0\u00a0<\/p>\r\n\r\n\r\n\r\n

Finally, as I come to the end of this piece, let’s face up to the fact that these covid-19 days are extremely difficult for lots and lots of people. Many people are working on reduced hours or may have even lost their job. There’s no shame in having to liquidate assets and move\u00a0 to a less expensive car or possibly no car at all.<\/p>\r\n

You cannot eat metal, engine tyres or glass. If needs must, then the car has to go until times improve. Some people might capitalize on this and offer you a lower price for your car. At sellmycars.co.uk<\/a> it is just a straightforward transaction. You are always offered a fair market price for your car that more often and not will beat the part exchange offer you will get from a dealership. The money can be in your account the same day you make contact and sell my car.<\/p>\r\n\r\n\r\n\r\n

Cash is king. It’s always been King and will remain King.<\/p>\r\n\r\n\r\n\r\n

\"\"<\/a><\/figure>\r\n","protected":false},"excerpt":{"rendered":"

Selling your car for cash is a smart move. You’ve seen it, you’ve heard it. 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