Is now a good time to sell a car? Here’s what the used car market trends say
With used vehicle inventory below average, now could be an excellent time to sell.
About the author
Rebecca Betterton, a Certified Financial Education Instructor℠, is a writer for Bankrate who has been reporting on auto loans since 2021. Through her writing, Rebecca aims to provide clarity and accessibility to the automotive loans industry as the cost of financing new and used vehicles continues to climb due to steep inflation.
She specializes in assisting readers in navigating the ins and outs of securely borrowing money to purchase a car, but recently widened her scope to cover personal loans and other debt topics. Prior to her time at Bankrate, she was a social media reporter and copywriter.
When Rebecca isn’t researching recent trends in personal finance, she is an avid runner and a lover of interior design.
With used vehicle inventory below average, now could be an excellent time to sell.
Look out for these illegal auto lending practices.
Learn how to get promotional car deals and save money.
These steps can help you succeed in buying a certified pre-owned car.
Learn how to protect your assets if you’re struggling with debt.
Wells Fargo, founded in 1852, offers indirect auto financing through its network of of over 11,000 dealerships.
Without established credit, you could get caught in student car loan limbo. But there are still options.
M&T Bank serves drivers primarily on the east coast in banking products ranging from credit cards and insurance to lending.
Afterpay is a buy now, pay later app that has a loyalty rewards program and a 0% interest option when you pay in four installments.
Learn how to transfer a car title and what to do if the title has a lien on it.
Selling a used car with a lien can be tricky. Follow our tips to maximize your sale.
Calculate your interest payments and determine how much interest you’ll pay overall.
An auto loan allows you to borrow money from a lender in order to purchase a car.
Refinancing can help reduce interest paid, lower monthly payments or both.
It only makes sense to consolidate if you can get better rates or terms.
Buying or renting a boat depends on your wants, needs and financial situation when both options have pros and cons.