When Is The Best Time To Sell A Car to Get Value

Getting the best resale value for your used car isn't always straightforward. When selling a used car, there are obviously a multitude of variables affecting value, such as—the condition of the vehicle, it’s odometer reading, it’s age. What a lot of people don’t realize is that when you sell your car could have as much impact on the sale price as much as its condition.

So, when is the best time to sell your car?

Consumer Car Buying Cycles

When selling your car, you should be aware of what is called “car buying cycles” or how certain makes and models of cars are sold and bought throughout the year. It’s good to understand what types of new cars are selling because they affect the used car market as well.

Here are the number of new cars sold by make and model from Stats Can:sell used cars

Best Time to Sell a Car

You can see that for some cars there are buying trends for certain parts of the year. For example, sales of Ford F-Series trucks were much higher during the summer period. This may coincide with the increase in construction, agriculture, and industrial labor during this time. Similarly, SUVs such as the Honda CR-V and the Ford Escape have higher sales in the summer months and also peak in December as families look to purchase a vehicle for summer travel or to account for winter conditions.

Autozen understands the pivotal question on every car owner's mind: "When is the best time to sell a car?" With precision and expertise, Autozen helps you navigate the dynamic automotive market to identify the best time to maximize your car's value. Our data-driven insights and industry expertise make us the go-to choice when you're seeking the optimal moment to part ways with your vehicle. Don't leave the fate of your sale to chance; trust Autozen to guide you towards the best time to sell your car and secure the highest return on your investment.

It's easier to see the trends when you look at vehicles with less sales volume:

best time to sell used carsThe Land Rover Defender and Chevy Trailblazer, both SUVs, had much higher sales in the summer and winter months.

Based on consumer buying cycles, selling your car during months where sales volume for your make/model are high will most likely increase the probability of selling your car as people buying new cars may also be considering buying used.

The time to sell is now - the economic factors

The ongoing pandemic has certainly impacted the economy and the automotive industry as a whole. According to Consumer Reports and StatsCan, the price of cars has gone up considerably, including used cars.

Discover the top ways to sell your car with Autozen's expert guidance. Maximize your returns and ensure a smooth, hassle-free sale. Sell smart!

Best Time to Sell a Used Car

The global microchip shortage and supply chain woes have made it harder for car manufacturers to make and deliver cars, causing a global shortage of cars overall. Inflation increases in the CPI (consumer price index) has made assets such as used cars more valuable than they would be in normal times.

Autozen, your trusted partner in the world of automotive sales, is here to answer the age-old question: "When is the best time to sell a used car?" We've cracked the code on the best time of year to sell a car, ensuring you maximize your returns. Our data-driven insights and seasoned experts will guide you through the seasonal nuances of the market, so you can make the most of your investment. When you choose Autozen, you're choosing the smartest timing for your used car sale, and that means more money in your pocket.

In factoring in rising prices, the cost of gasoline, which affects car purchasing behavior, has also risen.

Cost of Gas % Change Year Over Year

best time to sell used car

With the growth of EV sales, one would surmise that a used EV will have a higher than average fair market value than at any other time:

Growth in EV Sales by Year

sell used car

Is it a Good Time to Sell a Car

Pondering, "Is it a good time to sell my car?" Autozen has your answer. Whether you're wondering, "Is now a good time to sell a car?" or just contemplating if it's the right moment, Autozen's expert insights and real-time market analysis provide the clarity you need. We've got your back when you're uncertain about selling your car - trust Autozen for informed decisions and the best timing to ensure a successful sale.

If you’re looking to sell your car, seasonality certainly has an impact on sales value. That being said, economic factors such as those being felt today have created a seller’s market—an opportune time to get the most value for those looking to sell.

Ready to sell your car in Vancouver? Autozen simplifies the process, helping you get the best deal for your vehicle. Sell with confidence today!

Autozen, the authority on "when is the best time to sell a used car." We're your go-to source for expert advice on the "good time to sell a car." Our data-driven insights and seasoned expertise ensure you make the right move, maximizing your used car's value. When timing is crucial, Autozen is your trusted guide to secure the best deal.

Looking to sell your car?

If you’re looking to sell and get the most value out of your car, the timing couldn't be better. The aforementioned economic factors (supply chain issues, inflation, car and chip shortages) have driven up the price of used cars. For example, 

The CBC recently reported, on average used cars are worth 34 per cent more than they were in 2021. So, a $24,000 vehicle is now going for $32,000”

Looking to find out the value of your car?

See what your car could fetch on Autozen, where hundreds of buyers actively compete for your vehicle. If your vehicle is in demand–and you’re considering selling–there may never be a more opportune time to sell your car. 

You may also be interested in our articles about:

Thanks, Good Luck to You 🌊