Is Now a Good Time to Sell a Car?

salesman passing over new car key

If you’ve been planning to upgrade your vehicle, you might be wondering, “Is now a good time to sell a car?” The answer is yes! Right now, you have several factors working in your favor to drive prices up: increased demand for used cars, decreased inventory on lots, and a microchip shortage. If you’re ready to let go of the past and offload an unneeded vehicle in order to take advantage of the current seller’s market, learn how to get a car ready to sell with Sacramento Chrysler Dodge Jeep Ram.

Should I Sell My Car to a Dealer?

If you have been planning to sell your car in Sacramento, there’s never been a better time. The pandemic drove up demand for used cars in a major way, but due to the global microchip shortage, the production of vehicles has gone down significantly. Overall, the result is a market that is more competitive than ever before, which means one fantastic opportunity for you to trade in and trade up!

Why is There a Chip Shortage?

You may have heard about a chip shortage affecting car production around the world, so why is there a chip shortage around Elk Grove? In short, it’s due to the pandemic. While demand for cars has skyrocketed, the production of semiconductor microchips has stalled. These chips are essential to the functioning of your vehicle, and vehicles can’t be manufactured without them. This is why dealerships will pay top dollar for a used car.

How to Get a Car Ready to Sell

If you’re ready to take advantage of the high trade-in prices during the chip shortage, you can easily sell your car to a dealership, which is much easier than selling privately. Given the demand for used cars, you will be surprised by how much your used car fetches at a dealership! Want to know how to get ready to sell a car? Follow these steps below:

  1. Clean the exterior and interior of your car.
  2. Repair any minor issues.
  3. Gather up your documents like registration and service records.
  4. Find your extra keys and SD cards.
  5. Confirm the terms of sale for when you expect to receive the payment.

Sell Your Car at Sacramento Chrysler Dodge Jeep Ram Today

If you’re ready to unload your car, we’re here to make an offer! Contact us with any questions or visit our Sacramento dealer to get an offer. Our team is ready to work with you to get a terrific price, so don’t hesitate to reach out.

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