Selling your car in June or July could land you a | Tech News
This week, temperatures have been rising close to 40C in some components of the UK, an motion that has prompted the Met Office to difficulty pink heat alert warnings. These warnings are put in place solely when heat is at its highest ranges. Said heat could trigger issues on the UK’s roads as more people take to the streets; one thing that will solely be exacerbated if there are practice issues brought on by the intense circumstances.
However, while it is probably not the best time to journey, the months of June and July can present the opportune second to sell a car, based on one motoring professional. Speaking solely to us, CarGurus’ UK Editorial Director Chris Knapman defined that there is a cause why visiting a car dealership at this time of yr could be a good concept.
He stated: “While there is no fixed rule, sales executives often work to quarterly sales targets. As such, visiting a dealership towards the end of a quarter, such as in June, could give you a stronger chance of landing the best possible deal.
“Visiting during a heatwave could also mean you arrive at the showroom while others defer their purchase in favour of a beach visit or barbecue. This temporary slowdown in demand has the potential to act in the buyer’s favour.”
For these trying to sell their car, nonetheless, Chris warned that all of it relies on what kind of car you have. He defined: “The price you get for selling your car will depend on many factors, but seasonality certainly comes into play.
“For example, if you have an SUV or crossover, its value will tend to rise in the colder months, so selling in June or July might not get you the optimum price. However, the opposite is true for convertibles or classic cars, where the promise of warmer weather pushes up demand.”
Whilst some have been speaking about whether or not now is likely to be a good time to sell or buy a car, others have been discussing which kind of car to drive, with one professional suggesting there are some vehicles you ought to keep away from driving in this heat.
The RAC’s highway and security spokesperson Rod Dennis stated drivers who own vehicles with out air con ought to contemplate suspending their journeys. He stated: “Red extreme heat warnings are rare and we urge everyone to take them seriously this week.
“Drivers whose vehicles don’t have effective air conditioning should strongly consider postponing any non-essential car journeys until the Met Office’s weather warnings are lifted and temperatures drop.
“If this isn’t possible, our best advice is to travel during cooler times of day. This is especially important for anyone travelling with vulnerable people, including young children and older adults, who are at greater risk from the intense heat.”
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