Is There Gold In Your Driveway? Used Cars Are A Hot Item!

A Girls Guide To Cars | Is There Gold In Your Driveway? Used Cars Are A Hot Item! - 2750 68537231193 1641727 N

2750 68537231193 1641727 NIf you have a used car sitting in your driveway that isn’t driven very often, or if you’re thinking of buying a new car, listen up: Now might be the best time ever to sell your used car. There’s a shortage of used cars, the Wall St. Journal is reporting; it’s basically the back end of the new car sales slowdown of 2008 and 2009, and the resulting cut in car production during the recession. So car dealers–not wanting to turn away customers looking for a used car, and who will pay higher finance rates than those for new cars– are scouring the markets and paying top dollar for quality used cars. You can see the story here

And, with the increase in prices for used cars, that means you can often buy a new car for a similar montly payment as a preowned car–another sweet bonus.

If you’re selling or trading in a used car, be sure to size up the car on Kelley Blue Book or Edmunds, then assess the market for your car at AutoTrader or Facebook’s Marketplace, and check competing listings on Craigslist or in the local papers. Be sure to know the full value of your car before you start negotiations, and get all it’s worth. 

Car Shopping

Need a new car? Whether shopping for a new car or a used car we recommend using our car shopping service

Tire Shopping

Need new tires? We recommend Tire Rack

Car Repair

Need to get your car repaired? We recommend Repair Pal. Exclusively just for Girls Guide to Cars readers, call (877) 323-1708 to speak to RepairPal Car Genius for FREE automotive repair advice and if needed to find the right shop for you!

Journalist, entrepreneur and mom. Expertise includes new cars, family cars, 3-row SUVs, child passenger car seats and automotive careers... More about Scotty Reiss