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If you're thinking about changing your car, part exchange is one of the simplest ways to do it. At TMS Motor Group, many of our customers choose to part exchange because it allows them to use their current car as part payment towards their next one - reducing the amount they need to pay - while also saving time and hassle.
So, how does it actually work?
Part exchange means using your current car as part payment towards your next one.
Instead of selling your vehicle privately, you trade it in with us. We agree a value for your car, and that amount is deducted from the price of the vehicle you’re buying.
We keep the process simple and transparent.
1. We Appraise Your Car
Our team will assess your vehicle based on its age, mileage, condition, service history and current market demand. We use trusted valuation tools alongside our experience in the market to ensure we offer a fair and competitive price.
2. You Receive a No-Obligation Valuation
We’ll provide you with a clear figure for your vehicle. There’s no pressure - it simply helps you understand how much your current car contributes towards your next one.
3. The Value Is Deducted from Your New Car
If you’re happy to proceed, the agreed amount comes off the price of your new or used vehicle.
For example:
Vehicle price: £20,000
Part exchange value: £6,000
Remaining balance: £14,000
You can then choose to pay the balance outright or explore finance options.
This is very common.
If there is outstanding finance, we can contact your finance provider to obtain a settlement figure and handle the payment directly.
We manage the paperwork to make everything as smooth as possible.
Many customers at TMS Motor Group choose part exchange because it’s:
There’s no need to advertise your car privately, arrange viewings, or worry about payment security. Everything is handled in one place, at one time.
