Has your van seen better days? Need a new vehicle but worried about how far your bank balance can stretch? Part exchanging your existing van can be a great way to get more for your money – but there are plenty of pitfalls to watch out for too. To help you navigate this often-complicated process, we’ve put together a quick guide.
Although you probably won’t make as much from part exchanging your vehicle as you would from a straight-forward sale, it’s a choice that has many benefits. For example, you won’t have to spend money or waste hours advertising your old van, and you can be on the road in a brand new vehicle in record time. However, it’s important to do your research first – so make sure that you know what your old van is worth, and don’t be afraid to push for a fair price. Similarly, make sure that you research the value of the van that you want to lease or buy. The more you know, the more equipped you are to find the best deals.
Next, be sure to gather as much paperwork on your old vehicle as possible. Whether it’s a dated Ford Transit or a newer pickup truck, your dealer will want to see evidence of any work carried out, as well as a current MOT. And if you’ve let things slide, consider booking in for a service before trying to arrange a part exchange. Similarly, carrying out even minor repairs beforehand can affect the value of your vehicle when looking to trade it for a new purchase or cheap van leasing package.
Although it sounds obvious, even something as simple as giving your vehicle a good clean beforehand can affect its perceived value – so make sure that everything is spick and span. And if you don’t have time to visit a dealership in person, why not consider an online service like Rapid Vans? With a range of affordable leasing packages and a choice of attractive options for part exchange, we can help you get all the benefits of a brand new van without breaking the bank.