{"id":6642,"date":"2016-10-21T05:44:39","date_gmt":"2016-10-20T21:44:39","guid":{"rendered":"https:\/\/x.www.carsome.my\/news\/is-there-such-a-thing-as-the-best-time-to-sell-your-car\/"},"modified":"2025-05-14T15:34:38","modified_gmt":"2025-05-14T07:34:38","slug":"is-there-such-a-thing-as-the-best-time-to-sell-your-car","status":"publish","type":"post","link":"https:\/\/www.carsome.my\/news\/item\/is-there-such-a-thing-as-the-best-time-to-sell-your-car","title":{"rendered":"Is There Such a Thing As “The Best Time To Sell Your Car”?"},"content":{"rendered":"

Has anyone ever heard the saying that, every time the notion of selling a car is brought up, friends or family will mention, \u201cWant to sell your car? Do it before the end of the year<\/em>\u201d OR<\/strong> \u201cYour car is almost 10 years old? Sell it off quickly, there won\u2019t be loans for the next buyer after 10 years<\/em>\u201d.<\/p>\n

This time, we\u2019re not doing the talking but the asking and instead allowing our readers voice to prevail; on whether there really is such a thing as \u201cthe best time to sell your car\u201d. Here are a few factors that are frequently brought up.<\/p>\n

 <\/p>\n

The \u201cBefore-The-End-of-The Calendar-Year\u201d Factor<\/strong><\/span><\/p>\n

A surprisingly significant number of car owners intend to sell their cars because of this. This is as a turn of the new year would\u2019ve deemed their cars to have aged another year and that supposedly will have drastic effects on the value that the vehicle holds.<\/p>\n

\"\"
\nRemember this funny uncle from the MyEG advertisements? Credit: Screenshot from YouTube<\/em><\/span><\/p>\n

As absurd as it sounds, even if your brand new vehicle was registered, say in May 2016, the car would\u2019ve been evaluated as a 1-year old car when its sold in January 2017. We\u2019re wondering, has anyone ever experienced this?<\/p>\n

 <\/p>\n

The \u201cBefore-A-New-Model-Is-Released\u201d<\/strong><\/span><\/p>\n

Apparently if you want to sell your car, say for example a 3rd<\/sup> generation Toyota Vios, it\u2019s best to do so as soon as possible before a new, facelifted model is out as a new release would\u2019ve deemed it to be of lesser value.<\/p>\n

Is there any validity to that perception?<\/p>\n

 <\/p>\n

The \u201cAfter-5-Years\u201d Factor<\/strong><\/span><\/p>\n

And it gets even more absurd. Often times you hear uncles or aunties, friends or family saying, \u201c5 years old already? Time to sell, problems will start arising\u201d. If only we got a Ringgit every time we heard that slanderous statement being thrown around. Or are we wrong for calling that statement a slanderous one?<\/p>\n

Does a car\u2019s physical condition actually deteriorate that quickly? Wouldn\u2019t it also depend on the way the vehicle has been treated and cared?<\/p>\n

\"\"<\/p>\n

Even if it were true, those who can afford this financially-unviable proposition are too few and far between.<\/p>\n

 <\/p>\n

The \u201cBefore-It\u2019s-10-Years-Old\u201d Factor<\/strong><\/span><\/p>\n

When a car\u2019s age hits the 10-year mark, the vehicle in question is supposedly no longer eligible for a bank loan. This would ultimately leave your car\u2019s value to potential buyers, a bit of a hassle. Because they would’ve to acquire it in cash which understandably forces them to shy away.<\/p>\n

\"\"<\/p>\n

Sure, we can understand why banks would be reluctant to approve loans for cars beyond a certain age but is that strictly true<\/em>? While we maneuver through this grey area of car loans, we\u2019re pretty sure there are considerations given to individuals of varying circumstances.<\/p>\n

Why would banks not be assured to do business with a person who is of a significant net worth, looking to buy a car that\u2019s nearing or surpassed the 10-year mark, knowing that they\u2019re perfectly capable of repayments? We’d love for some bankers to enlighten everyone on this situation.<\/p>\n

 <\/p>\n

The \u201cAfter-the-Warranty-has Expired\u201d Factor<\/strong><\/span><\/p>\n

Ah the warranties; it\u2019s all about the warranties nowadays isn\u2019t it? Not only does its duration and coverage affect our judgment when buying a new vehicle but it also seems to have an effect when it is time to sell.<\/p>\n

\"\"
\nCredit: mandfauto.com<\/span><\/em><\/p>\n

Most would opt to sell after the warranty, which is normally when the 5-year period, is over \u2013 with the concern of having to fork out large sums of money for repairs, should major components such as turbo\u2019s, gearbox\u2019s or even engine\u2019s, fail.<\/p>\n

On the other hand, wouldn\u2019t it also affect the buyer\u2019s decision knowing he or she isn\u2019t covered by the warranty anymore? So we\u2019re curious, would the end of a warranty determine your decision to sell a car?<\/p>\n

 <\/p>\n

It’s easier to sell your car than you think! How? Click here<\/span><\/a> to find out!<\/strong><\/span><\/p>\n

The first thing to do when you get into a car accident is not to panic. But what else? Click here<\/span><\/a> to find out!<\/strong><\/span><\/p>\n

 <\/p>\n

Stop haggling and start selling! The 21st century way to sell a car<\/span> is here with Carsome! Fill in the form below<\/span> to begin!<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Has anyone ever heard the saying that, every time the notion of selling a car is brought up, friends or family will mention, \u201cWant to sell your car? Do it before the end of the year\u201d OR \u201cYour car is almost 10 years old? Sell it off quickly, there won\u2019t be loans for the next […]<\/p>\n","protected":false},"author":3,"featured_media":12010,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77],"tags":[],"yoast_head":"\nIs There Such a Thing As "The Best Time To Sell Your Car"?<\/title>\n<meta name=\"description\" content=\"Has anyone ever heard the saying that, every time the notion of selling a car is brought up, friends or family will mention, \u201cWant to sell your car? 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