How to Know That It’s the Right Time to Sell Your Car
Whether the car bought from the showroom or you have picked up a 2nd hand or older model- there comes a time when you have to sell or dump it. But the question is- when it is the right time to hand over the keys to car towers.
The Depreciation Factor: Depreciation starts at the moment you drive the car forecourt. Different vehicles depreciate at different rates. So, it’s quite difficult to know how long the vehicle can run. However, there are some key points you have to keep in mind before you search with “sell my car in Perth.”
- new car loses the value much faster than used cars. And it is between 15%-30% in the first year, which exceed 50% over the course of 3 years.
- To get most of the new car, you may need to keep it for as long as you can and then sell it. However, it’s not financially viable to sell it after the first or 2nd year.
- If you’re driving a used car, make sure it is maintained to slow down the depreciation until you decide to sell it off.
When It No Longer Serves the Purpose:
If you aren’t enjoying your car anymore and you have an eye for a new one, then it is the best time to sell. If you are thinking to start a family and an appropriate model for a car accordingly- it's the best time to sell off your car.
Seasonality Matters:
Events, seasons and holidays play a key role to decide the right time to sell.
- During the summer and spring months, convertibles are sold at a higher price. With the raised temperature, the demand for classic, sports cars and roadsters increases.
- Winter and Autumn make 4x4s, SUVs and off-roaders seem to be more attractive.
- Used cars come in the market during March and September.
Mileage and Wear and Tear:
It is necessary to monitor the mileage on your car and the degree of wear and tear. So, here are a few things to look after-
- Try selling your car before it reaches 100,000- mile mark.
- If you have an older vehicle with a lot of mileage, then it is difficult to attract the car buyer for the price you are seeking.
Why not call auto wreckers to get cash for unwanted cars in Perth- no matter what’s the car condition. Wreckers will come to your place and tow your cars for free and give you an instant price. The professionals will also do the necessary document work.
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