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Trading in a car on PCP
edited 30 November -1 at 1:00AM in Motoring
14 replies 1.4K views
Hello, so I bought a brand new Vauxhall corsa energy at the beginning of the year. I was wondering once I’ve had it a year and I’ve got my years no claim from the insurance I was wondering if it was possible to trade it in to say Audi or BMW for a bigger car. I know it’s brand new so I would loose a lot of money but just wanted to know how it works. If they valuated it at 10k for example could I straight swap my car for an Audi that’s also 10k and then keep paying the pcp or do I have to sell it to Audi get the 10k and then use that to pay back Vauxhall finance. But if I owed 14k how do I pay that 4k difference or can I only pay that up front? Any help is appreciated cheers
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