When is the Right Time to Sell Your Car?

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Have you been using that old car for decades now? Don’t you think it is time to get a new one and sell this one? Or is it that your dream car has already arrived on the market? Well, then know that buying a new car is easy but selling the old car can be a challenging task.

It is important to know that there are a number of variables that you need to determine and rely on to discover if it is the right time to sell the used car. Wondering what they are?

Then, wait. You need to push the brakes and keep reading until the end to discover the best time to bid your beloved car farewell to the car dealer Brighton.

Consider Environmental Factors

There is no doubt that cars are complex machines and things do go wrong with them from time to time. Besides the machines, it is the dusty environment, bad road conditions, and others that add to the misery.

If you are someone who lives in a polluted city, then know that your vehicle would be inhaling bad air every day. Also, if your vehicle hits a massive divot in the street, it would end up disappointing your car’s suspension and misaligning the steering system.

So make sure to consider the environment is healthy when you are choosing to sell the car without depreciating its value. Also, you are recommended to fix any issue that your car might have encountered due to environmental factors.

Mechanical Wear and Tear

Maintenance is never a concern for a car owner if the car is in good shape. But there may be times when mechanical wear and tear may take place.

It is also possible that you are no longer interested in driving that car and upkeep it all the time seems like a burden. On the other hand, this present opportunity can get you the lowest value of the car.

Therefore, you should take it to a garage for inspection and then find out the sell my car instant quote to make the right decision.

Model Facelifts

Vehicle brands always launch updates and facelifts of every car model that exists. This usually takes place in the interval of two or three years of time.

On the other hand, people always run after vehicle brands or models that are upgraded to meet modern innovation. For instance, earlier cars did not have airbags and ABS but all the new car models do have them inbuilt.

Therefore, when you are looking forward to selling your car, make sure that you are doing it before the news of the new launch spreads to the world. Or else, the value of your car would automatically get depreciated and you may not get the price you desired.

Depreciation Hit

It is important to keep in mind that your car would lose its value by 25 percent the moment it leaves the showroom. Apart from that, you must keep in mind that the depreciation hit of the car does not happen in an initial couple of years or the first twenty thousand kilometers of operation.

The next depreciation hit takes place after four years of your purchase. At this time, your car loses around 50% of its value. Moreover, if you have a diesel car then you should know that the National Green Tribunal has banned those which are ten years old.

This is another reason which can cause depreciation hits to your car. Additionally, it is highly recommended that you sell it before the depreciation hits your vehicle.

The Right Technology

As mentioned earlier, the National Green Tribunal ( NGT ) has banned vehicles that are 10 years old or more and run on diesel.

If you have a car that runs on the same obsolete technology, then make sure to prepare your mind to not keep it for the long term. Instead, make sure to sell it and get a new one that offers clear emissions.

To be precise, some of the emerging technologies that you must consider include turbocharged petrol, hybrids, biodiesels, and more.

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