When is the Best Time to Trade In a Car?

Eatontown drivers love their Land Rover SUVs, and holding on to yours for a long time and paying it off may mean you can eliminate a monthly payment, but how much are you spending per year on repairs? When is the best time to trade in a car? If your car costs more to maintain than its value, it may be time to trade! Also, if you ever feel unsafe in your car while driving around Rumson, it’s probably time to sell it. Read on to learn the best time to sell a car with Land Rover Monmouth. 

When to Sell Your Car

At Land Rover Monmouth we make trading a car quick and easy. Prices for pre-owned vehicles often increase in the spring and summer. The reason is that some Colts Neck drivers are more willing to pay a bit more after receiving their tax return. Here’s are some other ways to decide when to sell your car:

1. Take your car to your favorite mechanic to find out what they think it would cost to maintain it over the next year.
2. Find out how much your current car is worth using our trade-in valuation tool. You might also want to do some research on Kelly Blue Book.
3. If you’ve been spending a good deal of money on repairs, it might be best to put that money down on a new Land Rover. If you’ll spend more on maintaining your vehicle than it’s worth, you’ve officially reached the best time to sell your car!

Holding onto your current car might be wise if you’re trying to save up money for a larger down payment on your next car. That would mean lower monthly payments, and who doesn’t want that? Are you upside down on your car? You could still trade it in, but it would be best to wait until you pay it off to trade it in. 

Why Now Might Be the Best Time to Sell a Car

Manufacturing problems due to the COVID-19 pandemic and the semiconductor shortage are causing used car prices to skyrocket quickly around Red Bank. That’s why right now may be the best time to sell a car.

It might be challenging to find the right new vehicle right now—but there is a good solution. You can order a new Land Rover at Land Rover Monmouth and trade in your old vehicle when it arrives at our showroom!

Sell Your Vehicle Today at Land Rover Monmouth!

Whether you’re considering a new Land Rover or a certified pre-owned one, we’re here to guide you. Browse our new vehicle specials and get in touch with us today!