When is the best time to sell a car?

If you’re planning to sell your car, you’ve probably already considered the effect that the vehicle’s make, model and age will have on its worth. However, it might come as a surprise that the value of some cars will fluctuate throughout the year. With that in mind, it’s certainly worth also considering the time of year if you’re looking to get the best price possible.

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What is the best time to sell a car?

The value of certain models may fluctuate throughout the year due to a range of factors. These include market demand, proximity to ‘new numberplate’ dates - and the release schedule for any newer versions of the model. But, how do they all come into play when it comes to car value?

Car sales seasonality

The weather and changing seasons have a lot to do with the popularity of certain cars throughout the year. For example, spring and summer are both great seasons to sell a convertible, as sunny days and warm weather increase demand for these models.

Meanwhile, interest in 4x4s, SUVs and MPVs rises during the winter months, as these models are much better suited to the wind, rain and snow often associated with the Great British weather. Therefore, if your vehicle falls into these categories, you are much more likely to receive a higher value during the winter months.

What time of year should I avoid selling my car?

Just as cars may increase in value at some points during the year, they may decrease during others. There are two times of year in particular when you risk either struggling to sell your car or accepting a lower price than you want.

New numberplate launch

When new registration plates are launched during March and September, demand for brand new cars increases. During this time, the second-hand car market is much quieter, meaning you may either struggle to find a buyer for your vehicle or end up accepting a much lower offer than you expected.

How to get the best price for your car

When selling your car, the time of year is an important factor take into consideration. If you’re looking to get the best possible price for your soft-top convertible, it makes much more sense to sell during the warmer months than during the winter – however, other considerations still take precedence.

For example, while you may get a better price for your SUV during the winter, it isn’t worth waiting until then if you know an updated version of your model will be released in the meantime, as this could be more detrimental to the value of your vehicle.

It’s also worth looking at the ways that you can increase the resale value of your car before you list your vehicle for sale.

Why should I sell my car now?

There are always certain scenarios where it makes much more sense to sell your car right away rather than waiting for a potentially better opportunity. These include:

  • Choosing the right car for a growing family

    If you’re looking to replace your current vehicle with one more suited to families, especially in time for the arrival of a new baby.

  • Consider your options at end of PCP (Personal Contract Purchase)

    If you have decided to purchase a new vehicle at the end of your current PCP – in fact, you can even sell a car with outstanding finance with webuyanycar.

  • Giving up your driving licence

    If you are giving up your driving licence, it is more time-efficient to sell your car while the licence is valid than it is to SORN (Statutory Off Road Notification) your car.

  • My commute has become impractical

    If you find that commuting has become too difficult or impractical by car, it may be better to sell your car and make the switch to public transport.

  • My car is too expensive to run

    If you are struggling to keep up with the running costs of your vehicle, it’s much more cost-effective to sell right away and select a car that is cheaper to run.

  • My commute has become impractical

    If you find that commuting has become too difficult or impractical by car, it may be better to sell your car and make the switch to public transport.

  • I have an unreliable car

    If your car is already unreliable, it will only depreciate in value further – in this situation, it’s better to sell your vehicle right away.

High car resale prices

We have reached the end of our list of the reasons why some cars are worth more at different times of the year. However, bear in mind that these are not the only points to consider when trying to achieve the best price for your car. The demand and value for certain vehicles fluctuate due to the seasons, changes to number plates, economic factors and the release of new makes and models. However, the reputation, condition and age of your car are also of great importance when it comes to how much the vehicle is worth.

To check how much your car is worth, you can use our quick car valuation tool. It’s really simple to use, start by entering your registration number and we will be able to inform you how much your car is worth today. You can use this tool to keep track of your car’s value throughout the year and achieve the best price.

At webuyanycar, we’re happy to buy your car regardless of the season – if you choose to sell your car to us, you can book an appointment at one of our 500+ UK branches.