Financial Margin

When to sell your car and how to price it?


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Most people have an idea of wanting to get another vehicle, but don’t necessarily plan ahead to sell the vehicle when the value and demand are highest. The auto industry is fed by supply and demand. As higher supply occurs, this ends up having a greater downward pressure on prices. When demand is higher, then this will also cause an upward pressure on prices. Looking at a historical approach of how automakers have met the market at its need helps to provide a greater picture of the underlying cause of lower inventories and resulting higher prices. You may be experiencing the effects of this in either buying or selling a vehicle in this environment.
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Financial MarginBy Jared Humphries

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