Now is Your Best Opportunity to Sell Your Vehicle
The last year and a half has had wide-ranging effects across the world, and has changed how multiple industries are able to go about business. The automotive industry was greatly affected, from new vehicle plant production stoppages to the resulting dilution of stock. While the industry may be on a road to recovery that sees both interest, need and stock as it once was, we’re now living in a time when used vehicles are king. That’s right, with shortages of new vehicles stock comes the demand for used vehicles, creating the perfect opportunity for you to sell your car for a terrific value price. Read on with us as we outline the impact of the COVID-19 pandemic on stock, why used vehicles are in such high demand and why it’s the best time for you to sell your vehicle to a dealership such as ours at Davey Auto Sales.
Take a look through more of our blogs from us at Davey Auto Sales here:
Why it’s the Perfect Time to Upgrade Your Vehicle?
Why it’s the Perfect Time to Buy Used?
Why Finance with a Dealership vs. a Bank?
How to Maximize Your Car’s Resale Value
Impact of the COVID-19 Pandemic on New & Used Vehicle Stock
Throughout the pandemic there has always been a need for vehicles, whether it’s just time for a new option, your current vehicle has reached the end of its life and you require a replacement, moving away from the city, doing remote work that lets you live anywhere (lessening your need to drive), or for those who wanted to avoid the crowded nature of public transit. This demand for vehicles means that people want to buy, but are met head-on with a lack of new vehicle stock, given the semiconductor shortage (a vital computer chip needed in the production of vehicles), along with factories who are still catching up from previous stoppages as well as changed practices that may not see production to the level it once was. With this new vehicle stock shortage comes a premium on used vehicles, vehicles that already exist and ones that dealerships want from people just like you.
A High Demand for Used Vehicles
There may be those who choose to wait for a new vehicle, but that is an untenable time period, one that could stretch on for a while. In its place rises the benefits of a used vehicle, where you can get an incredibly similar and performing vehicle, and for a better price. Used vehicle stock, to be fair, is limited as well, but exists in a much more flexible space with these vehicles already produced and one-of-a-kind, and now producing excellent value for those looking to trade. If you’ve been thinking about selling your car, now is the time to do it. Thanks to market demand you’ll be able to secure the best valuation possible on your vehicle, a silver lining for those looking to upgrade their current model at this precarious time.
Sell Your Car to Davey Auto Sales
Not only is it the best time to sell your car, but specifically to a dealership. The pandemic has affected us all at some point financially, putting people in a precarious position who may not be able to pay in cash, and to the value your vehicle deserves, like they may have before. As well, a dealership selling experience like ours at Davey Auto Sales provides a completely safe and customer-focused environment, with staff who have years under their belt providing this same top tier service to customers. If you’re ready to trade-in your vehicle, and get that excellent value, we’d love to start the process with you, just fill out the form on our dedicated page or give us a call with any questions you may have.