Quote:
Originally Posted by shertex
I was doing a little reading on the best and worst times of the year to sell cars. Found this:
We’ve found consistently the best time of all to sell a car in the USA is March/April. I believe this is because American’s do not have a lot of savings, and tax return time is one of the few times people have a large lump sum of money to spend. Right before Christmas is one of the worst times to sell a car, as people are thinking about spending on other things, are out of town etc… But right after New Years there is usually a peak, perhaps because of end of the year bonuses.
I wonder to what extent this applies to our specialized niche of the market.
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The last two very used in terms of age/miles cars that I've sold either through the newspaper, or parking in front of my home, were sold in random months - to ppl who were basically scraping the limits of their credit to come through with the $5K or less. When you're talking about a car that is over a decade or two old, you're going to get a lot of folks at their financial outer limits - or maybe not.
I've bought (1) new car in May, (1) new car in July, (2) new cars in December, (1) used car in December, (1) used car in June.
I've given (2) cars away - one was a POS non-running Cadillac, and the other was a very nice condition used Mercedes-Benz - no rhyme or reason as to the when on these......
IIRC, the new auto sales industry sells the most cars/trucks in December. I have no idea about used.