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Handing Part Exchange in 3 months before replacement is due

Austin_yeahbaby · 2011-03-10 22:23:44

Hi, First post :) We have just ordered a new car with a 3 month wait. The dealer wants our car next week in advance to sell on due to the current value as they say that the trade in value can't be fixed until the purchase date due to depreciation. I'm cautious because worse case the dealer could go bust before the car is…

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Austin_yeahbaby Posts: 3 Newbie

11 March 2011 at 5:56PM

Many thanks to the comments and advice, it's much appreciated.

Spoke with the dealer today regarding the issue,

Whilst he could hold the price of trade in till delivery due to the depreciation on my vehicle, they have agreed to give me a cheque for the full amount of the sale vale of my car next week.

I get to hold onto the cash received until my new car turns.

Sounds like a good resolution.

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Handing Part Exchange in 3 months before replacement is due

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