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7 ways to get bottom dollar for a used car

Sell at the wrong time of year
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While people buy and sell used cars all year, failing to sell your car during the time of peak demand for your type of vehicle can cost you.

"If you have a convertible, you're going to want to wait until spring or summer," Kovach says. "If you have a four-wheel-drive vehicle, you might want to wait until demand is higher in the winter."

For more mainstream cars without a specific niche, Kovach suggests selling in the summer if you're looking for a quick sale. That's the busiest time for private-party car sales.

On the other hand, if you're looking to get the best price, selling during the off-season may be better since you'll face less competition, she says.


 

 

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Auto Averages
Product Rate +/- Last week
48 month used car loan
2.93% 2.97%
48 month new car loan
2.44% 2.45%
36 month used car loan
2.87% 2.93%
36 month new car loan
2.29% 2.29%
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