Trade In A Speedboat For A Car? CarGurus Reveals The Surprising Things Dealers Have Been Offered In Part Exchange

-From a donkey to a burger van: some of the more unusual part exchanges CarGurus’ dealers have been offered
-Speedboats, mobility scooters and expensive watches among the most bizarre barters
-Having pets and smoking two of the most likely things to negatively impact a car’s part-exchange value

London, UK, January 20th, 2021: Used car dealers across the UK have revealed the strangest items customers have offered them in part-exchange for a car according to a survey by automotive shopping site, CarGurus.co.uk.

Among the most peculiar offers was a customer who tried to put forward a donkey as part-exchange, while another attempted to offload an amphibious vehicle to help fund their used car purchase.

CarGurus, the fastest growing automotive shopping site in the UK , surveyed thousands of used car dealers in its UK network to find the strangest items customers have offered in part-exchange when buying a car.

The survey revealed that dealers were not always offered something of the four-wheeled variety. In fact, customers bartering speedboats appears to be a relatively common occurrence, while several dealers recalled being offered mobility scooters and expensive watches as makeweights for a used car purchase.

The strangest part exchange offers from car buyers:

1) + A donkey
+
+ 2) An amphibious car
+
+ 3) A burger van
+
+ 4) A mobility scooter
+
+ 5) A speedboat
+
+ 6) A caravan
+
+ 7) Five dozen barbecues+

8) An expensive watch

One dealer recalled a customer, hungry for a used car, who suggested giving a burger van in exchange, while another was offered fifty barbecues toward a purchase.
Chris Knapman, Editor at CarGurus.co.uk commented: “When it comes to buying a car, people are rightly always trying to get the best deal possible, and clearly a rare few are even going to some extremes when it comes to offering something out of the ordinary for part-exchange.”

“As is so often the case when it comes to changing cars, the key is to take advantage of tools and technology to help with your research. By using CarGurus Instant Market Value you can easily see typical part-exchange values for your current car to get an idea of what it’s worth. Regretfully, our algorithms do not cover donkeys or barbeques.”

The survey also highlighted the things that will negatively impact a car’s value when selling or offering as part-exchange, according to dealers.
The answer was bad news for our four-legged friends, as many ranked owning a dog or other pets as one of the main things most likely to negatively affect the trade-in value of a car, followed by a smoking habit, both of which can take a toll on a car’s interior.

Top five things that negatively impact a cars’ value:

1) + Owning a dog or other pet
+
+ 2) Regularly smoking
+
+ 3) Bodywork damage
+
+ 4) Incomplete or missing service history
+
+ 5) Too many previous owners
+
-END-

About CarGurus, Inc.

Founded in 2006 by TripAdvisor co-founder, Langley Steinert, CarGurus, Inc. (Nasdaq: CARG) is a global, online automotive marketplace that uses proprietary technology and data analytics to connect buyers and sellers of cars. The company launched CarGurus.co.uk in 2015 and acquired UK-based PistonHeads.com in 2019. CarGurus operates CarGurus UK and PistonHeads as distinct consumer brands, with combined dealership sales operations.

CarGurus is the most visited automotive shopping site in the U.S. and is the fastest growing online automotive marketplace in the UK among its nearest competitors based on the year over year percent change in average unique monthly visitors comparing Jan - Sept 2019 to Jan - Sept 2020. PistonHeads is the UK’s leading premium automotive marketplace and the largest online motoring community in the UK . In addition to the United Kingdom and the United States, CarGurus also operates an online marketplace in Canada.

CarGurus® is a registered trademark of CarGurus, Inc. PistonHeads® is a registered trademark of CarGurus Ireland Limited. All product names, trademarks and registered trademarks are property of their respective owners.

© 2021 CarGurus, Inc., All Rights Reserved.

Contact: Amy Mueller at CarGurus – UKPR@CarGurus.com
Nick Bearn at Performance Communications – CarGurus@performancecomms.com

CarGurus is the fastest growing online automotive marketplace in the UK among its nearest competitors based on the year over year percent change in average unique monthly visitors comparing Jan - Sept 2019 to Jan - Sept 2020 (Source: Comscore MMX Multi-Platform®, Total Audience, Custom-defined list includes CarGurus.CO.UK, Motors.CO.UK, AutoTrader.CO.UK, Gumtree.com, Jan 2019-Sept 2020, UK).
Comscore Media Metrix® Multi-Platform, Automotive – Information/Resources, Total Audience, Q3 2020, U.S. (Competitive set: CarGurus.com, Autotrader.com, Cars.com, TrueCar.com)
Comscore Media Metrix® Multi-Platform, Automotive – Information/Resources, Total audience, Q2 2020, UK. Custom-defined list includes: PistonHeads Sites, Sytner.co.uk, Jardinemotors.co.uk,
Comscore Media Metrix® Multi-Platform, Total Audience, Q2 2020, UK. Custom list defined by CarGurus includes: PistonHeads Sites and CarThrottle.com

Amy Mueller
CarGurus
16172162900
pr@cargurus.com

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