When to Sell Your Car

While we certainly understand how enjoyable it is to have freedom from monthly car payments, it may not be worth holding on to an older vehicle if it is constantly in the shop or unsafe to drive on those Ridgewood roads. If this applies to you—and you’ve been wondering when to sell your car—now may be the right time! Not sure which path is right for you? We’re here to help.

When is the Best Time to Trade in a Car?

No matter when you decide to trade in your vehicle, you can expect a stress-free experience at Land Rover Paramus. When is the best time to sell a car? Keep in mind that prices for used cars tend to increase during the spring and summer months. Jersey City drivers are also more likely to pay more for a vehicle after receiving a recent tax return. These are not the only factors to consider.

1. Find out how much your vehicle is currently worth. Our “Value Your Trade” tool makes it easy to do so.
2. Bring your vehicle to our service center to see how much it will likely cost to maintain over the next year.
3. It is not likely that the value of your vehicle will increase as time goes by. If it seems like the money that would go toward maintaining your vehicle would serve you better as a down payment on a new vehicle, now may be the best time to sell a car.

What if you still owe money on your current vehicle? It is still possible to trade in a car when there is still a loan balance. However, it is recommended that you wait until the vehicle has been paid off in full. This is especially true if you have negative equity—meaning that your vehicle is worth less than what you owe on it.

Is Now the Best Time to Sell a Car?

Manufacturing difficulties due to the pandemic and the accompanying semiconductor shortage have led to a shortage of new cars and a significant increase in used car values. Now is the ideal time to get the most for your used car!

You may be concerned that now it may also be more difficult to find the new car you desire. However, at Land Rover Paramus, you can order a new car that is completely customized to meet your needs.

Sell Your Car to Land Rover Paramus

If you have decided that now is the best time to sell a car, contact the team at Land Rover Paramus to get started.