On 1 September, the new 76 registration plate officially launched across the UK.
For the past fortnight, main dealer showrooms have been operating at maximum capacity to hand over thousands of brand-new vehicles. While this is an exciting period for the industry, it creates a very difficult environment for anyone looking to sell a prestige car right now.
We call it the “part-exchange hangover”, and if you are not careful, it could cost you thousands of pounds.
Dealership Fatigue
When a main dealer hands over a new 76-plate car, they almost always take a used vehicle in return. Right now, franchise forecourts are groaning under the weight of this sudden influx of part-exchanges.
Showroom managers are heavily over-stocked. Their primary focus for September and October is clearing out this existing metal, not acquiring more. They have limited physical space on their forecourts and strict limits on how much capital they can tie up in used inventory.
The Lowball Threat
If you walk into a main dealership today to sell your car, or even to trade it in against another used model, you will immediately feel the effects of this dealership fatigue.
Because the dealer simply does not want or need any more used inventory sitting on their books right now, they will naturally defend their position. They do this by offering an insultingly low valuation for your vehicle. It is not that your prestige car has suddenly lost its intrinsic value. It is simply that the specific dealer you are talking to has no appetite to buy it.
They will point to the recent plate change as an excuse to chip away at the price, claiming the market has softened. In reality, they are just managing their own over-stocked forecourt.
The AutoVIP Solution
To get the true market value for your prestige car this September, you need to step away from the main dealer network.
At AutoVIP, we operate differently. We are an independent specialist buyer, meaning we are not restricted by franchise forecourt limits or manufacturer inventory caps. While the main dealers are nursing their part-exchange hangover, we are actively looking to buy high-specification prestige vehicles to supply our own independent network.
We understand the true value of your Porsche, Land Rover, Bentley, or BMW, and we have the liquid capital ready to purchase it today.
Do not accept a lowball offer from a fatigued dealership. Contact AutoVIP for a fast, data-driven cash valuation and secure the money your car is actually worth.