We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Trade in Market.

I'm looking at a new car which I'm looking to finance through the dealership. I'd like to hope my current car may meet the up front deposit.

Acknowledging there are a lot of variables, whats the general feeling of what the trade in market is like? Is the dealers need to meet targets 'inflating' figures or is it a hassle they don't need?

Comments

  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Nissan dealerships are currently offering a promotion of £2000 for your old car when you buy cetain new models no matter what the value of the old one.

    More usually with dealers, the trade in is a gimmick that makes you feel better and helps then clinch the sale.

    You are almost always better off buying from somewhere like Cargiant and Ebaying or Autotrading your old car - making quite sure you fufil all DVLA rules on de-registering the old car from yourself.
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    The word I am hearing is that new sales have held up better than expected but that used sales are really in the doldrums.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.5K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.4K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.