{"id":11356,"date":"2026-03-17T11:37:45","date_gmt":"2026-03-17T11:37:45","guid":{"rendered":"https:\/\/www.exchangemycar.co.uk\/blog\/?p=11356"},"modified":"2026-06-03T11:33:26","modified_gmt":"2026-06-03T10:33:26","slug":"can-you-part-exchange-a-car-on-finance-uk-guide","status":"publish","type":"post","link":"https:\/\/exchangemycar.co.uk\/blog\/can-you-part-exchange-a-car-on-finance-uk-guide\/","title":{"rendered":"Can You Part Exchange a Car on Finance? (UK Guide)"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Part-exchanging a financed car can catch people out when the car\u2019s value is lower than the remaining balance. This negative equity can quietly increase your next finance agreement. Without understanding how part exchange of a car works with <\/span><span style=\"font-weight: 400;\">car finance<\/span><span style=\"font-weight: 400;\">, it is easy to overpay.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s how part exchange works and how to do it properly.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Key Takeaways: Can You Part Exchange a Car That Is Still on Finance?<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Yes, you can part exchange a car on finance in the UK.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The dealer will settle the remaining finance with the lender.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Always check your settlement figure first.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Positive equity can be used as a deposit.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Negative equity may be added to your next finance agreement.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Part exchange is quick, but not always the best price.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Comparing valuations can help you get more for your car.<\/span><\/li>\n<\/ul>\n<p><div class=\"row saq-cta_div\">\n      <div class=\"col-xl-12\">\n        <div class=\"bg-yellow exchange-deal-content\" style=\"padding: 5rem 3rem;\">\n          <div class=\"title\">\n            <h3 class=\"big mb-4\">\n              Sell Your Car on Finance Efficiently\n            <\/h3>\n            <p class=\"h6 mb-0 fw-normal\">\n              Still paying off your car? Sell it now with Exchange My Car. Compare multiple instant offers, book free collection, and get paid quickly.\n            <\/p>\n\t\t\t\n          <\/div>\n         \t <form class=\"row g-4 g-sm-5 gy-5 get-quote-form\" style=\"margin-top:20px;\" action=\"https:\/\/www.exchangemycar.co.uk\/my-details\" method=\"post\" id=\"reg_form\" name=\"reg_form\">\n    <div class=\"col-6\">\n      <div class=\"position-relative\">\n        <div class=\"gb-icon-wrap small\">\n          <img src=\"https:\/\/www.exchangemycar.co.uk\/blog\/wp-content\/themes\/ssaq\/assets\/images\/icons\/gb.svg\" alt=\"GB\">\n        <\/div>\n        <input type=\"text\" name=\"reg_num\" required=\"\" class=\"form-control gb-icon saq-reg_field_color saq-milage-field\" placeholder=\"ENTER REG \" title=\"Please enter registration number\" maxlength=\"7\" value=\"\">\n      <\/div>\n    <\/div>\n    <div class=\"col-6\">\n          <input type=\"number\" class=\"form-control js-milage_commo saq-milage-field  saq-mileage_field_color\" name=\"mileage\" placeholder=\"MILEAGE\">\n    <\/div>\n    <div class=\"col-12\">\n      <button type=\"submit\" name=\"homesearch\" class=\"btn btn-big  saq-button-field btn-blue w-100\">Sell your car!<\/button>\n    <\/div>\n  <\/form>\n        <\/div>\n      <\/div>\n    <\/div><\/p>\n<h2><span style=\"font-weight: 400;\">How Part Exchange Works When Your Car Is on Finance (Step-by-Step)<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Part exchanging a financed car is usually straightforward. Dealers handle most of the process once the figures are confirmed. Here is how it typically works.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">1. Check your finance agreement<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">First, you should check your finance agreement. This will confirm the <\/span><a href=\"https:\/\/exchangemycar.co.uk\/blog\/what-are-the-different-types-of-car-finance-options\/\"><span style=\"font-weight: 400;\">type of car finance<\/span><\/a> you have, like PCP or HP. If you have a PCP or\u00a0HP plan, these types usually allow you to part-exchange your car, provided you get a settlement figure from your lender first.<\/p>\n<p>However, if you are on a\u00a0Personal Contract Hire (PCH)\u00a0or a specific flexible lease like\u00a0Flex &amp; Free, you generally won&#8217;t be able to part-exchange because these agreements are more like long-term rentals<\/p>\n<h3><span style=\"font-weight: 400;\">2. Ask for the settlement figure<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Next, contact your finance provider and request a settlement figure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is the exact amount needed to pay off the finance and clear the loan. It is usually valid for around 10 to 28 days, depending on the lender.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The settlement figure may differ slightly from the remaining balance because it can include interest adjustments or fees.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">3. Get a car valuation<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Once you know the settlement amount, you can find out what your car is worth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can get a valuation from a dealership or an online car-buying service, like the <\/span><a href=\"https:\/\/www.exchangemycar.co.uk\/free-car-valuation\"><span style=\"font-weight: 400;\">Exchange My Car car value calculator<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Getting multiple valuations helps you understand the real market value of your vehicle.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">4. Calculate your equity<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Now compare the car\u2019s value with the settlement figure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If your car is worth more than the settlement amount, you have positive equity. This money can go towards your next car as a deposit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If your car is worth less than the settlement figure, you have negative equity. In this case, the difference may be added to your new finance agreement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Understanding this step helps you decide whether part exchange makes financial sense.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">5. Finalising the process with the dealer<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Once you agree on the deal, the dealer normally handles the rest of the process.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They will pay the settlement amount directly to the lender and clear the outstanding finance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You usually just need to provide basic documents such as the V5C logbook, <\/span><a href=\"https:\/\/exchangemycar.co.uk\/blog\/can-i-sell-a-car-without-a-service-history\/\"><span style=\"font-weight: 400;\">service history<\/span><\/a><span style=\"font-weight: 400;\">, and ID.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What Is a Settlement Figure?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A settlement figure is the exact amount you need to pay to clear your car finance in full at a specific point in time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you want to sell or part exchange a car that is still on finance, this is the first number you need to know. The finance company calculates the amount based on your remaining balance and any interest adjustments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, if you took out finance for \u00a315,000 and have already paid part of it off, the settlement figure might be around \u00a39,500. Paying this amount clears the agreement and allows the car to be sold or traded in.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can request a settlement figure directly from your lender. The figure is usually valid for 10 to 28 days. It\u2019s worth timing it carefully if you are planning to part exchange your car.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">What is positive equity?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Positive equity happens when your car is worth more than the remaining finance balance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In simple terms, the value of the car covers the loan and still leaves money left over.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, if your car is worth \u00a312,000 and the settlement figure is \u00a39,500, your positive equity is \u00a32,500.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you part exchange the car, that \u00a32,500 can usually be used as a deposit towards your next vehicle. This is the best situation when upgrading a car on finance because it reduces the amount you need to borrow.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Positive equity often happens later in a finance agreement when more of the loan has been paid off.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">What is negative equity?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Negative equity is the opposite situation. It happens when the remaining finance balance is higher than the value of the car.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, if your car value is \u00a38,000 and the settlement figure remaining is \u00a310,000. So the negative equity is \u00a32,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you part exchange the vehicle, the extra \u00a32,000 still needs to be paid. In many cases, dealers can add this amount to a new finance agreement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, this increases the total amount you borrow, so it is important to check the figures carefully before making a decision.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Negative equity is quite common during the early stages of car finance because vehicles usually depreciate faster than the loan is paid down.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Can You Part Exchange With Different Types of Car Finance?<\/span><\/h2>\n<p><img src=\"https:\/\/www.exchangemycar.co.uk\/assets\/empty.png\" data-original=\"https:\/\/www.exchangemycar.co.uk\/timthumb.php?src=https%3A%2F%2Fexchangemycar.co.uk%2Fblog%2Fwp-content%2Fuploads%2F2022%2F03%2FCar-Finance-Document-1-min-1.jpg&w=777&h=485\" class=\"img-fluid img-inherit img-cover lazy\" alt=\"Car-Finance-Document- part exchange a car\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Yes, you can usually part exchange a car with most types of car finance. The process is similar, but the details depend on the type of agreement you have.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The most common finance types in the UK are PCP, HP and personal loans. Each works slightly differently when you want to change cars.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">1. Part Exchange With PCP (Personal Contract Purchase)<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">With PCP finance, you normally have three options at the end of the agreement: \u201creturn the car, pay the optional final payment and keep it, or part exchange it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many drivers choose to part exchange before the agreement ends.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The dealer will request the settlement figure from the finance company. If the car\u2019s value is higher than the settlement amount, the remaining equity can go towards your next car.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the value is lower, the negative equity may be added to the new finance agreement.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">2. Part Exchange With HP (Hire Purchase)<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">With Hire Purchase, you gradually pay off the full value of the car through monthly instalments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The finance company owns the car until the final payment is made. Once the finance is settled, ownership transfers to you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When part exchanging an HP car, the dealer normally pays the settlement amount directly to the lender. Any remaining value in the car can then be used as a deposit for the next vehicle.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">3. Part Exchange With a Personal Loan<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A personal loan works differently because it is not secured against the vehicle.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This means you legally own the car from the start, even though you still owe money to the lender.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because of this, you can sell or part exchange the car whenever you like. However, you will still need to continue paying the loan or use the sale money to clear the remaining balance.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Finance Types and Part Exchange<\/span><\/h3>\n<table>\n<tbody>\n<tr>\n<td><b>Finance Type<\/b><\/td>\n<td><b>Can You Part Exchange?<\/b><\/td>\n<td><b>Key Point<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">PCP<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Yes<\/span><\/td>\n<td><span style=\"font-weight: 400;\">May include optional final payment<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">HP<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Yes<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Ownership transfers after final payment<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Personal Loan<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Yes<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Car is not tied to the loan<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span style=\"font-weight: 400;\">Is Part Exchange Right for Me?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Part exchange is one of the easiest ways to change your car, especially if your current vehicle is still on finance. The dealer handles most of the paperwork and settles the remaining finance with the lender.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, convenience does not always mean it is the best financial option. Before deciding, it is worth understanding the advantages and the potential drawbacks.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Advantages of part exchange:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><b>Simple and convenient: <\/b><span style=\"font-weight: 400;\">Part exchange is usually the quickest way to change cars. The dealer manages the paperwork and pays off the finance on your behalf.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Finance is settled automatically: <\/b><span style=\"font-weight: 400;\">You do not need to contact buyers or arrange payments. The dealer clears the outstanding balance directly with the lender.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Useful if you have positive equity: <\/b><span style=\"font-weight: 400;\">If your car is worth more than the settlement figure, the extra value can often be used as a deposit for your next vehicle.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Less hassle than selling privately:<\/b><span style=\"font-weight: 400;\"> There is no need to <\/span><a href=\"https:\/\/exchangemycar.co.uk\/blog\/where-to-advertise-your-car-for-sale\/\"><span style=\"font-weight: 400;\">advertise the car<\/span><\/a><span style=\"font-weight: 400;\">, arrange viewings, or deal with negotiations.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Disadvantages of part exchange:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><b>You may receive a lower price:<\/b><span style=\"font-weight: 400;\"> Dealers typically offer less than a private sale because they need to resell the car for profit.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Negative equity can increase your borrowing:<\/b><span style=\"font-weight: 400;\"> If your car is worth less than the remaining finance, the shortfall may be added to your new agreement.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Limited negotiation flexibility:<\/b><span style=\"font-weight: 400;\"> Some dealers combine the part exchange value with the new car price, which can make it harder to see the true deal.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Alternatives to Part-Exchanging a Car on Finance<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Part exchange is not the only way to change or <\/span><a href=\"https:\/\/exchangemycar.co.uk\/blog\/can-i-sell-my-car-on-finance-uk-rules-explained\/\"><span style=\"font-weight: 400;\">sell a financed car<\/span><\/a><span style=\"font-weight: 400;\">. Depending on your situation, other options may help you achieve a better price or more flexibility.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">1. Selling to online buyers<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Online car buying services allow you to sell your car quickly without visiting a dealership. It connects you with <\/span><a href=\"https:\/\/www.exchangemycar.co.uk\/compare-offers-from-webuyanycar-alternatives\"><span style=\"font-weight: 400;\">car buyers<\/span><\/a><span style=\"font-weight: 400;\"> looking for cars like yours. You simply need to enter your car details online and receive an instant valuation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you accept the offer, the buyer will often settle the outstanding finance directly with your lender. Any remaining value is then paid to you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This option is popular with drivers who want a fast sale without the hassle of private selling.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">2. Selling privately<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Selling your car privately can often achieve the highest price, especially if the vehicle is in good condition and has a full service history.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the car is still on finance, you must first clear the outstanding balance before transferring ownership. Some buyers may be willing to pay the lender directly as part of the process, but this can make the sale more complicated.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Part Exchange vs Other Selling Options<\/span><\/h3>\n<table>\n<tbody>\n<tr>\n<td><b>Method<\/b><\/td>\n<td><b>Speed<\/b><\/td>\n<td><b>Price Potential<\/b><\/td>\n<td><b>Effort<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Part Exchange<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Fast<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Medium<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Low<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Online Car Buyers<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Fast<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Medium\u2013High<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Low<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Private Sale<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Slow<\/span><\/td>\n<td><span style=\"font-weight: 400;\">High<\/span><\/td>\n<td><span style=\"font-weight: 400;\">High<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span style=\"font-weight: 400;\">Frequently Asked Questions<\/span><\/h2>\n<h3><span style=\"font-weight: 400;\">Can I part exchange a financed car for a cheaper car?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, you can. If the car you want to buy is cheaper than your current one, the dealer will use the value of your car to settle the finance first. Any remaining amount after paying off the finance can go towards the new car.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If your car\u2019s value isn\u2019t enough to cover the finance, the shortfall (negative equity) may be added to your new agreement. Always check the numbers carefully before agreeing.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Do I need my V5C logbook to part exchange?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, the Driver and Vehicle Licensing Agency (DVLA) <\/span><a href=\"https:\/\/www.gov.uk\/vehicle-log-book\"><span style=\"font-weight: 400;\">V5C logbook<\/span><\/a><span style=\"font-weight: 400;\"> is important. It proves you are the registered keeper of the car.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dealers will usually ask for it to confirm ownership details, check the car\u2019s history, and complete the part exchange process. If the logbook is missing, it can delay or complicate the deal.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Can you swap car finance onto another car?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Generally, no. Car finance is tied to a specific vehicle. You cannot transfer the agreement to a new car.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you want to change vehicles, the usual process is to get a settlement figure, then part exchange or sell the car. However, you can also get a new finance agreement for the next car.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This ensures the original finance is fully cleared before taking on a new loan.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Can I part exchange a car with arrears?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">It\u2019s possible, but it depends on the lender and dealer. If you are behind on payments, the finance company may require you to clear arrears before the part exchange can go ahead.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some dealers can manage the process for you, but it\u2019s best to contact your lender first. Falling behind on payments may also affect the trade-in value of your car.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Does part exchanging a financed car affect my credit score?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Part exchanging itself does not directly hurt your credit score.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, there are a few things to be aware of, like the settlement of your existing finance being recorded with credit reference agencies. Paying it off on time is positive.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, taking out a new finance agreement for your next car is a new credit application. It may temporarily affect your score.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In most cases, if you keep up with payments and manage the new agreement responsibly, your credit score should not be negatively impacted.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Final Verdict: Can You Part Exchange a Car on Finance?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Part exchanging a car on finance is usually straightforward, but it is not always the best financial move. The key is understanding your settlement figure and your car\u2019s value before you agree to anything.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you have positive equity, part exchange can be a quick and easy way to upgrade. If you have negative equity, it is worth comparing other options first.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In most cases, the best approach is simple: check your numbers, compare offers, and don\u2019t rush the deal.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Part-exchanging a financed car can catch people out when the car\u2019s value is lower than the remaining balance. This negative equity can quietly increase your next finance agreement. Without understanding how part exchange of a car works with car finance, it is easy to overpay.\u00a0 Here\u2019s how part exchange works and how to do it [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":11860,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[96,1,8,172],"tags":[1853,1851,1852],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/exchangemycar.co.uk\/blog\/wp-json\/wp\/v2\/posts\/11356"}],"collection":[{"href":"https:\/\/exchangemycar.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exchangemycar.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exchangemycar.co.uk\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/exchangemycar.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=11356"}],"version-history":[{"count":10,"href":"https:\/\/exchangemycar.co.uk\/blog\/wp-json\/wp\/v2\/posts\/11356\/revisions"}],"predecessor-version":[{"id":12053,"href":"https:\/\/exchangemycar.co.uk\/blog\/wp-json\/wp\/v2\/posts\/11356\/revisions\/12053"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/exchangemycar.co.uk\/blog\/wp-json\/wp\/v2\/media\/11860"}],"wp:attachment":[{"href":"https:\/\/exchangemycar.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=11356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exchangemycar.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=11356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exchangemycar.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=11356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}