Holding on to your older vehicle may save you from having to make regular monthly payments, but sometimes the money you’d spend on maintenance might be better spent on a new, more reliable vehicle. If you’ve ever wondered. “When is the best time to trade in your car?”, then keep reading! If you have any questions about when to sell your car, feel free to contact us. We’re here for you!
Trading in a car at Honda of Mentor is quick and hassle-free, but when is the best time to trade in a car? Prices for used vehicles tend to go up in the spring and summer, and some Painesville drivers are willing to pay more for a car after receiving their tax return. Still, there are other considerations. Here’s how to know when to sell your car:
Although you can trade in a car that’s not yet paid off, it’s usually best to wait until the vehicle has been entirely paid off before you trade it in—especially if your car is worth less than what you owe on it.
Things like manufacturing difficulties caused by the pandemic—and the accompanying semiconductor shortage—are causing used car values to increase quickly around Eastlake If you’re still on the fence about trading in your old vehicle, why wait? Resale values are near an all-time high!
If you’re concerned that finding the perfect next vehicle may be too hard at this time, there is a simple solution. You can order a new car through Honda of Mentor and trade in your current model when your new Honda arrives at the dealership!
Now that we’ve answered the question, “When is the best time to trade in a car?”, we’d love to help you take the next steps! Check out our special offers on new and pre-owned vehicles, and reach out to us today!
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