Knowing when to sell a car can help you maximize your sale price. Factors such as mileage, age, loan payoff, market conditions, and time of year all play a role in determining the best moment to sell.
Key Takeaways
- Consider your car’s make, model, mileage, age, and loan balance before selling.
- Mileage and warranty status significantly impact resale value.
- Seasonal trends and market demand can affect how much buyers are willing to pay.
Best Mileage to Sell a Car
- 30,000–40,000 miles: Most general warranties expire around this range. Selling before this milestone may yield a higher price.
- 60,000–70,000 miles: Powertrain warranties often end, and major maintenance may be required. Selling before this can preserve value.
- 90,000–100,000 miles: Crossing 100,000 miles may psychologically reduce buyer interest, even if the car runs well.
Tip: Highway miles typically cause less wear-and-tear than city miles, so mileage type can influence perceived value.
Best Age to Sell a Car
Car depreciation is gradual, but your vehicle’s model year plays a key role:
- 1–3 years old: Cars retain 60–70% of their original value.
- 5–7 years old: Depreciation slows and value stabilizes.
Best Time of Year to Sell a Car
- New model year release: When next year’s models hit dealerships (usually in the fall), your car loses a year of perceived value. Selling earlier in the year can improve your price.
- Seasonal trends: Spring and early summer are prime months, as buyers often purchase during tax season and vacation planning.
- Car type: Convertibles and sports cars sell better in spring/summer; 4WD or AWD vehicles may sell better in fall/winter in regions with harsh weather.
- Market demand: Selling when your car’s make and model are in high demand can maximize your return.
Additional Tips for Selling Your Car
- Sell on your terms: Avoid rushed sales. Clean, detail, and repair minor issues to enhance value. Be transparent about any problems.
- Know your loan payoff: If your car is financed, ensure the sale covers your loan balance and any prepayment penalties. Selling before missed payments can protect your credit score.
👉 Bottom line: The best time to sell a car combines mileage, age, seasonality, and market demand. Planning ahead and preparing your car properly ensures you get the highest possible resale value.
