Can you trade-in a car that's worth more than the vehicle you are buying?

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Can you trade-in a car that's worth more than the vehicle you are buying?

A friend of mine has a three year old Mercedes-Benz A-Class, valued at around £16,000. She wants to buy a new Fiat 500 and expects to spend £14,000. Is this something a dealer will consider?

Asked on 26 August 2020 by Richard Turner

Answered by Dan Powell

They'll consider it. But the price they offer for the A-Class will probably be low, unless the dealer has a buyer lined up for the trade-in car. Your friend will be better selling it privately.

Tags: buying a new car trade ins trade-in values

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