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How it Works

Upgrade your Driving: Trade in your Old Car for a New One Easily and Affordably

Trading in your old car for a new one is a smart and convenient way to upgrade your driving experience. By trading in, you can offset the cost of your new vehicle with the value of your current one, making the transition smoother and more affordable. It’s a hassle-free process where professionals assess your old car’s value and apply it directly toward the purchase of your new vehicle. This not only saves you time and effort but also gives you the chance to drive away in a car that better suits your needs and lifestyle. Trade-Ins are available for Lifestyle Motors and E-Finance customers.

The original certified extract must be in the customer’s name.
A letter from the last financial institution confirming the vehicle is free from encumbrances.
An appraisal from an authorized valuator showing the vehicle’s true value.
A certificate of clear title from H.P Register Limited.
Mileage estimation of 15,000 KM per year.
Agreed trade amount vs. agreed sale price for the new vehicle.
All signed documents for the certified extract transfer to Lifestyle Motors’ name.
Proof of ownership transfer to Lifestyle Motors as the final stage.
A service history report from the relevant service manager or authorized representative is required.
Inspection of the vehicle’s body, rims, tires, engine, transmission, suspension, interior, and electricals.
Reports to be attached to regular trade approval forms and submitted to the Finance Department for reference.

If you finance with E-Finance, you can take advantage of our Trade-In Option after driving your vehicle for 3-5 years.

Here’s how it works:

  • Bring in your vehicle between the 3rd-5th years for an assessment by one of our Sales Managers.
  • A value/offer will be given based on the vehicle’s mileage, price and overall condition.
  • Per your lease agreement, the car must be serviced on time and kept in excellent condition to ensure a favourable valuation.

If the offer is accepted:

  •  Any funds from the asset will be credited to your open contract and applied towards the outstanding principal on your lease.
  • Any excess funds can be used as a down payment towards a new vehicle.