C - Cost to change

Monday, June 05, 2006
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Cost to change - This is the gap between what your car is worth as a trade-in and the price you have agreed with the dealer. If your car is worth £4000 and the car you are buying is £10,000, then your cost to change is £6000, which you will have to pay. This is the most important figure in assessing and comparing deals.

Glossary

Want to know the difference between your APRs and your PCPs? Our Glossary will guide you through the minefield of car-buying terms.