Tag Archives: selling a vehicle

When is the best time to sell your car?

When it comes to saying goodbye to your old car, you have to make sure you’re doing so for the right decisions.

That’s why we’ve compiled a checklist to help you decide when to say: ‘Enough’s enough. I have to sell my car now.’

It’s not an easy decision to have to make, like parting with anything. Your car is like a friend, who has share many good and sometimes (hopefully, not too many) bad memories.

You’ve laughed, you’ve cried, you’ve road-tripped with them. If you’ve named your vehicle, you’ve been warned: it doesn’t make the process any easier.

According to one CAP used car price guide forecaster:

“There isn’t a particular age where the depreciation and value curves combine at their most beneficial.

“Cars do most of their depreciating in the first nine months. But if you’re looking to sell a car to trade up, you want to sell it when it’s relatively new because the younger a car is, the more it’s worth.”

Read tips from the Telegraph on how to sell your car for a little more: http://www.telegraph.co.uk/motoring/caradvice/8422189/How-to-sell-your-car-top-tips.html

As you’ll read, there are no hard and fast rules it seems. Sell too early and you could get hit by mammoth deprecation. Leave it too late, and your vehicle’s reliability and the market could be a huge factor.

As a general rule, if you don’t have the luxury of timing and monitoring market changes. At Interesting Car Facts, we suggest just before the cost of repairing your car grows to greater than 50 per cent of the car’s value.

If you’re wondering how you can let your car give you the perfect send-off, it’s worth finding out if and how it’s possible to get the best price for your vehicle.