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Author Topic: dealer minimum part ex?  (Read 2301 times)

Offline mellow yellow

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dealer minimum part ex?
« on: 13 December 2011, 14:34 »
if a dealer offers a minimum part ex of £3k against a new car, can my dad use my car to part ex in for a new one for himself? mine is reg to me and the brand spanker will be reg to him??

the idea is i get his old car out of the deal.

anyone know if this is possible?
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Offline Sam

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Re: dealer minimum part ex?
« Reply #1 on: 13 December 2011, 14:36 »
Buy the car for your dad, then upon receival transfer the owner details to him?
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Offline Bellend

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Re: dealer minimum part ex?
« Reply #2 on: 13 December 2011, 14:44 »
Quote from: Sam on 13 December 2011, 14:36
Buy the car for your dad, then upon receival transfer the owner details to him?

Or just transfer your car to his name?

Either option will work but transferring the new car means anothere registered keeper.
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Offline mellow yellow

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Re: dealer minimum part ex?
« Reply #3 on: 13 December 2011, 14:54 »
Quote from: Bellend on 13 December 2011, 14:44
Quote from: Sam on 13 December 2011, 14:36
Buy the car for your dad, then upon receival transfer the owner details to him?

Or just transfer your car to his name?

Either option will work but transferring the new car means anothere registered keeper.
true to this and i doubt i would pass the credit check for the finance....

i wasnt sure if my dad would have to have been the registered keeper of mine for x amount of months to prevent him buying a scrapper for £50.00 (which is effectively what he is doing) and getting £3k for it as trade in?
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Offline T_J_G

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Re: dealer minimum part ex?
« Reply #4 on: 13 December 2011, 14:57 »
Yeh think you have to have been registered keeper for x amount of time.
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Offline dubber36

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Re: dealer minimum part ex?
« Reply #5 on: 13 December 2011, 15:23 »
What car is he getting? There are lots of heavily discounted new cars out there, so you could probably get £3000 off the list price of a new one without having to px anything.

Go onto http://www.drivethedeal.com/ and see what you can get the car he's after for.
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Online barrym381

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Re: dealer minimum part ex?
« Reply #6 on: 13 December 2011, 16:26 »
Quote from: T_J_G on 13 December 2011, 14:57
Yeh think you have to have been registered keeper for x amount of time.
am sure its 12months might be wrong though :smiley:
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Offline RandomJord

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Re: dealer minimum part ex?
« Reply #7 on: 13 December 2011, 17:45 »
Remember the keeper is not the owner. Just make an invoice
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Offline dom

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Re: dealer minimum part ex?
« Reply #8 on: 13 December 2011, 18:06 »
Quote from: mellow yellow on 13 December 2011, 14:34
if a dealer offers a minimum part ex of £3k against a new car, can my dad use my car to part ex in for a new one for himself? mine is reg to me and the brand spanker will be reg to him??

the idea is i get his old car out of the deal.

anyone know if this is possible?

I thought your car was currently not roadworthy?
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Offline whiter_than_white

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Re: dealer minimum part ex?
« Reply #9 on: 13 December 2011, 20:44 »
we get this quite a lot where i work, all you need to do is write and sign a letter stating that you are the owner of the vehicle and that you give your father permission to trade it in  :smiley:
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