Deleted: In 2018, there were about 17 million cars sold.
If you’re thinking about selling your car and buying a new one, you might be wondering what the best time to sell a car is.
Choosing the right time could end up leaving you with more money in your pocket, so make sure you keep reading to find out when it is!
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Before it Dies
If you think your car is inching toward death, you should try and repair it enough to sell it. You won’t be able to get much money for it if the car won’t even start.
You should ideally sell it before you start to run into any issues with it, but many people will drive the car until it becomes too expensive to repair each time.
You should try and choose a time where you’re not too busy with other things. This way you can devote all of your time to getting cash for cars rather than just settling because you don’t’ have time to deal with it.
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Seasons
The seasons also determine how much you’ll be able to get for your car. Different seasons, events, and holidays will factor in the supply and demand for cars.
For example, if you have a convertible, you might want to sell it during the spring or summer months. During the summer, most people want sports cars or classics.
However, in the winter or fall, people want to buy off-roaders and SUVs, making them in short demand.
However, most people tend to sell their cars in September or March because they want to get ahead of these demands. You might find it harder to sell during these months because you’ll be competing with other sellers.
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You Find a Replacement
If you’ve found a good replacement car that fits your needs better than the one you just bought, you can try and sell your old car.
Whether it’s because you have a larger family or just want a new car, try and find a buyer who will help you get some of your money back!
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Mileage
A lot of cars that are sold today can last until about 100,000 miles, especially if the owner took good care of them and kept up with the maintenance.
However, once you go past that 100,000-mile marker, cars significantly depreciate, and it can be hard to get some decent money for them. So try and sell it before you put too many miles on it, especially if you already have a new car in mind.
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Discover More Indicators That It’s the Best Time to Sell a Car
These are only a few indicators that it’s the best time to sell a car, but there are many more you should keep an eye out for.
We know that selling and buying a new car can be stressful because of all the research involved.
If you enjoyed this article, make sure that you explore our website to find more articles just like this one!