Part exchange a car on finance

Get another car entirely online before your current car finance agreement ends.

Change your current car early

If your car has outstanding finance we’ll still take it off your hands whether you have positive or negative equity. You can then part exchange it for a used Cazoo car.

How it works

  • Find out how much you still owe

    You can get your settlement amount from your lender.

  • Choose your perfect Cazoo car

    Then apply for car finance entirely online.

  • Get an instant valuation

    We'll take into account your settlement amount.

  • Send us your settlement letter

    This needs to be done before you receive your car.

If you have negative equity

Negative equity is when your outstanding finance is greater than your car’s valuation.

For example, if your car is worth £6,000 but your settlement amount is £8,000, you have £2,000 negative equity.

To part exchange your car with negative equity, you’d need to cover the difference between the settlement amount and your car’s valuation. We’ll then settle the loan with your current finance lender.

If you have positive equity

Positive equity is when your outstanding finance is lower than your car’s valuation.

For example, if your car is worth £6,000 but your settlement amount is £4,000, you have £2,000 positive equity.

Depending on how much positive equity you have, you can use the difference as your deposit for a new finance agreement and change your car to another one.

Why part exchange with Cazoo?

  • No extra fees

    We won’t include any hidden costs.

  • Totally transparent

    The offer you see is the offer you’ll get.

  • Honest & haggle-free

    We always give you our best price.

Popular questions about part exchanging with outstanding finance

Still have questions?

Learn more about part exchanging at Cazoo.

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Find your next car

Browse high-quality used Cazoo cars entirely online.