Looking to Sell Your Car? Do It Now While the Market Is Hot

There's a big demand for used and new cars. Now is a great time to sell if you can and a lot of the power is in your hands.

"Car dealers need something to sell and the next viable option is a used car," said Ivan Drury, Senior Manager of Insights at Edmunds."It's probably your car." Continuing demand for cars plus a smaller supply due to the shortage of chips means prices are up a lot. "It's probably the best time possible to consider selling your vehicle," said Drury."Trade-in value is up 30 to 40%."

News is misleading you. Think! Once the chip 'Shortage' is over, you'll be forced to bend over and grab your ankles when it comes to buying a new car. The currently fake 'hot market' is setting dealerships/auto makers up for HUGE profits when people buy new cars.

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