When to Sell Your Car with Jaguar Annapolis

Keeping your older vehicle can save you money on a recurring monthly payment. The best time to sell a car is when the vehicle you’re driving currently costs more to maintain than it’s worth! If you have found that your vehicle has caused you to feel unsafe on the roads of Edgewater and Crofton this is a good sign to sell your car. If you aren’t sure how to move forward, there’s no need to worry. We’ll help you make the right decision.

When is the Best Time to Trade In a Car?

Our team at Jaguar Annapolis makes trading in your car quick and easy, but when is the best time to trade in a car? The spring and summer seasons usually see a price increase for used vehicles. People are more likely to pay more for a vehicle after receiving a recent tax return, but there are also some more complex considerations to keep in mind. Here’s how to determine the best time to sell a car:

1. Use trade-in valuation tools and local market research to determine your vehicle’s worth.
2. Take your vehicle to a mechanic in Crofton and find out how much it would cost to maintain it over the next year.
3. If you think that the money you’d spend on maintenance would be better spent on a new car’s down payment, then now is the best time to sell your car!

It’s only a good idea to hold on to an aging vehicle if you won’t have to spend all your money on repairs and maintenance. However, if the vehicle is in pretty good condition, holding onto it for a longer period of time could allow you to save up for a bigger down payment. If you do this you will have lower monthly payments down the line.

It’s also better to trade in a car that’s completely paid off. However, if you still owe money on the car it is possible to trade in your car.

The Best Time to Sell a Car

There are quite a few factors—including manufacturing difficulties stemming from the pandemic and the accompanying semiconductor shortage—causing used car values to skyrocket in the Severna Park area. If you’re still on the fence about selling your old vehicle, you should know the market is in your favor.

On the other hand, finding the perfect new vehicle might be difficult at this time—but there is a solution. You can order a new car through the dealership and trade your current model as soon as it arrives!

Trade In Your Car at Jaguar Annapolis Today!

If you’re looking to buy new or pre-owned, our team at Jaguar Annapolis makes it easy, so take the next steps with our team. If you’ve decided that right now is the best time to sell your car, then don’t wait to value your trade-in!