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part ex car


kingsy18
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Right guys,never part exed a car before,took my daughters car to a garage to get it fixed but they couldn,t do nothing with it,so told me to part ex it.The car still goes but makes one hell of a noise would a garage take it in as part ex, plus how do they put a price on it .

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Find a new garage, if part ex to a main dealer and a low value car it's basically scrap, they have incentives to move new cars, if to a smaller garage hen either what hey can sell it for or move on for in the trade.

 

Depends how bad the car is and how quick you need a new one.

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It would help if you said what car it is, the model, age, mileage and the problem with it!

 

If it's only a few hundred it might be worth selling on cheap, if it's several thousand then who knows.

 

My car needed about £800 of body work to get it back to mint condition. In the end I sold it to a dealer for £500 than I was asking, I know he would just do it up and sell it on but it was hassle I didn't want to deal with myself.

 

If your talking a couple thousand I found there's not too many people these days who

 

1) have thousands of pounds and

2) want a fixer upper

 

I think a lot of people these days want a nice new looking car on finance. Probably one of the reasons so many people thes days have "money problems".

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It would help if you said what car it is, the model, age, mileage and the problem with it!

 

If it's only a few hundred it might be worth selling on cheap, if it's several thousand then who knows.

 

My car needed about £800 of body work to get it back to mint condition. In the end I sold it to a dealer for £500 than I was asking, I know he would just do it up and sell it on but it was hassle I didn't want to deal with myself.

 

If your talking a couple thousand I found there's not too many people these days who

 

1) have thousands of pounds and

2) want a fixer upper

 

I think a lot of people these days want a nice new looking car on finance. Probably one of the reasons so many people thes days have "money problems".

How can someone with money problems manage to get finance? Isn't it down a an eligibility check and credit check with the likes of Experian

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How can someone with money problems manage to get finance? Isn't it down a an eligibility check and credit check with the likes of Experian

Depends what you mean by problems, ccj's etc or just spending every penny every month and having no savings for a rainy day. Lots of people who earn decent money only just make it through the month on finance and are increasing debt in terms of loans credit cards (long term credit card debt) and finance.

 

I know people who rent a 4 bed detached house, take nice holidays, designer clothes drive nice cars etc earn less than we do and have it all on finance I can't get my head around it but they are paying now for a holiday they took 2 years ago and are still paying for a shirt they threw out months ago and as soon as they finish paying for something buy a new one....... if they loose their job, health, they are knackered but if the boiler breaks it's the landlords problem if the car breaks it's under warranty......

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It's all down to the finance companies, they have prime and sub prime. If you have a good credit rating you pay less to borrow money, if you have a bad credit rating you pay through the nose. Just read the small print on the likes of Wongas tv advert. The APR is crazy high. But they are appealing to people who need money and have nowhere else to turn. They are paying that high rate to the finance company based on the risk to them. If you've got a high level of ccj's or defaults then they assume that you will probably not default in the first 12 months and with the high rate of interest the initial debt will probably be paid off

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