When is a Good Time to Trade in Your Car?

It’s no surprise that car prices have soared over the last couple of years. And while that has been going on, you might be wondering when is a good time to trade in your car. The answer might shock you if you’ve been listening to the rumor mill. However, now is the best time to trade in your car! The sales specialists at Toyota of N Charlotte can help you make it a seamless process.

When Is a Good Time to Trade in Your Car Details? 

You’ll get the most money for your N Charlotte Toyota car trade-in right now! Now is not the time to delay for when is a good time to trade in your car! Let’s see what else you should be prepared for your car trade-in.

Best Mileage. 

You might have wondered when is a good time to trade in your car when it comes to mileage. Some people keep an eye on their Charlotte Toyota odometer to make sure they don’t go over a certain number of miles. But, this might not matter as much as you may think. According to Edmunds, there’s not a major drop-off at any mileage milestone. What matters most is if your car is in good shape and the model year.

Best Month/Time of Year.

At Toyota of N Charlotte, we know you’ve scoured the internet to find out what’s the best month to get the most bang for your buck. So, when is a good time to trade in your car to get the most money? Well, values tend to be higher in the first two quarters of the year and drop in the last two quarters of the year. But, keep in mind that the longer you have your car, the more it will depreciate.

Best Age of Car Trade-in. 

So, when is a good time to trade in your car in terms of age you might ask? Well, we have the answers for you! The newer the car the better, but we know that isn’t always the case at Toyota of N Charlotte. When your car reaches the prime age of five to seven years old, your car value drops significantly. We recommend not waiting more than eight years for a car trade-in.

Best Value for a Car Trade-in. 

When is a good time to trade in your car in terms of value is another question we get more than you might think. Generally SUV’s hold their value more than a sedan, specialized vehicles get you more money, popular car brands (like the Toyota RAV4), and the N Charlotte Toyota Tacoma and Tundra hold their value extremely well.

Have Toyota of N Charlotte Check Out Your Car! 

We hope you came out with more knowledge about when is a good time to trade in your car at Toyota of N Charlotte. As always, the vehicle exchange department can help you along the way and prep for your trade! We’re located at 13429 Statesville Road at exit 23 off I-77 in Huntersville.