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Part exchange

Yes, you can part-exchange your current vehicle when applying for a finance agreement on a car or van. We accept all part exchanges. You can see how part-exchange works using our guide. What is part exchange?
If you’d just like to sell your vehicle, we may offer to buy it depending on whether we need it. However, you can’t sell it to us and use the money elsewhere if it’s still on finance or you’re not the legal owner.
We use industry knowledge and the CAP guide to value all our part exchange vehicles.
Yes, you can still part exchange your vehicle if you have bad credit.
Yes, you can carry negative equity from your current finance agreement over to your new one; however, you may still have to make a deposit depending on your lending limit. Remember, your monthly payments on your new vehicle will be higher if you carry over negative equity.
During part exchanging your current car, you’ll need to complete the relevant section within your logbook to notify the DVLA. You can do this online or via post. If you part exchange your vehicle, we’ll guide you every step of the way.
No. Your account manager can provide you with a vehicle appraisal form which helps us value your vehicle without seeing it. We can also appraise the vehicle via video. You must complete the form as accurately as possible, and if the car isn’t as described, you’d be responsible for any repair.

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