Is it possible to do a trade in after you have already purchased the car?

Question

Is it possible to do a trade in after you have already purchased the car?

Answer 1

It is possible, but you will have lost £3000 (three thousand) if purchased in the United Kingdom, this is the loss price per a year. But, once left the garage, the value of the car will have lost several hundred pounds.

Answer 2

I presume you mean, taking it back to the same dealer you had purchased the car from. If you read the fine-prints of your contract, if usually stipulates they'll deduct the mileage you had put into the car, since you drove it off their lot.  If you had bought the car in "New" condition, its officially a "Used" car now, so there's another surcharge for that, which they call "depreciation value."

Answer 3

You must be careful when going to trade your vehicle to a dealership.  If you are not sure of the value then you can lose a lot of potential money.



Dont be suprised if a dealership makes a terrible offer. It's simple to get a quote online to check how much your vehicle is worth.  I have recommended http://tradein.123thebest.info - Good luck.

Answer 4

If you mean an additional transaction of taking in another vehicle to get money off of the new vehicle you purchased, not likely. Better to sell it outright.

Answer 5

Sure but you will loose money

Answer 6

yes the dealers love that.. but the commision earned by them will be kept by them... i prefer to buy a car from a newspaper ad by a private individual.. the same for less ok.

Answer 7

Your question is too vague, but to answer it as stated.  Of course it is possible to trade in a car that you own

Answer 8

I don't think the answers so far are aware of what you are asking.  But, technically, no.  It can't be called a "trade in" because the car purchase is a done deal.  Can you take a car to a dealer you recently bought from, and sell it to them?  Sure, but you'd probably do better with an ad and a private sale.