Explore - When is the Best Time to Sell Your Old Cars?
The best time to sell a car is usually when you can get the most for it. Usually, this means selling when the car has low mileage and is only a few years old. If you have a car loan, you will want to sell the car if you can pay off the loan in full. The time of year also affects the selling price of the car. What is the best age to sell a car? Wondering when to sell your old cars? The depreciation of a car is the biggest factor to consider. This is how much a car’s value decreases over time - according to professionals offering cash for old cars in Sydney , it drops significantly in the first two to three years and drops even more in the fourth year. Selling during these declines usually yields the best value. The next big drop is usually around the eighth year. This means that if you sell before then, you will generally get the next best value, given the age of the vehicle: after eight years, annual depreciation tends to flatten out, so from then on, mileage rather than age w...