💸Used car prices increase during tax season and the spring selling season, but start to decrease after Memorial Day weekend.
📈Spring is a good time to sell your used car as trade-in values tend to be higher.
📉Waiting until June can result in lower used car prices and better deals.
🔀Prices are expected to increase during the spring, but normalize in June and July.
💰Selling your used car privately can result in higher offers during the spring selling season.
When is the best time to buy a used car?
—The best time to buy a used car is after Memorial Day weekend, when prices start to go down.
Why do used car prices increase during tax season?
—Used car prices increase during tax season due to higher demand and limited supply.
Should I sell my car during the spring selling season?
—Yes, the spring selling season is a good time to sell your car as trade-in values tend to be higher.
Will waiting until June result in lower used car prices?
—Yes, waiting until June can result in lower used car prices and better deals.
Is it better to sell my car privately or trade it in during the spring?
—Selling your car privately can result in higher offers during the spring selling season.
00:00Used car prices tend to go up during tax season and the spring selling season.
00:36The increase in prices is due to higher demand and limited supply.
03:13Waiting until June can result in lower used car prices and better deals.
03:49Trade-in values are higher during the spring selling season, making it a good time to sell your car.
05:52Selling your car privately can result in higher offers during the spring.
06:31Memorial Day weekend is a good time to start looking for lower prices.
