Used Car Price Predictions and Automotive Bucket List Items for 2023
Manage episode 351875218 series 3404102
00:00 - OPEN: Used Car Price Predictions and Automotive Bucket List Items for 2023
Today we are going to cover three main items on the podcast:
- Where used car prices are going to go in 2023.
- How to maximize what you might pay for your next used car
- Items you should cross off your automotive bucket list in 2023.
00:45 - USED CAR PRICES AND WHERE THEY ARE GOING
- Inflation and high prices for new and late-model used vehicles will persist in 2023
- Prices for driver-quality used cars should flatten out and eventually start trending down later in 2023 and into 2024
- Sellers of used driver-quality cars will try sell their cars for more money earlier in the year until they realize prices are dropping
- If you are selling a car in 2023, you will have to work harder at marketing your vehicle to get the highest sale price
03:30 - HOW TO GET THE MOST USED VEHICLE FOR THE MONEY IN 2023
- Review the 5 Essential Rules to Find a Cool Used Car (episode 2)
- Three of the five rules are most important
- 1. Know what you want, 2. Be patient and 3. Be ready to buy
- Great used car deals can be found in late winter and early spring
- This is when people begin posting their used vehicles for sale
- Your advantage this time of year is less competition, because many buyers don't begin searching until late spring/early summer
- If you are selling you will need to work harder to get your price
- To market your used vehicle most effectively, post clear, in-focus images that show everything, including imperfections
- This prequalifies & weeds out people who don't want your vehicle
- If you can't get your price, wait until late spring/early summer to sell
11:30 - EIGHT ITEMS YOU SHOULD CROSS OFF YOUR BUCKET LIST IN 2023
- Hit the Road! Go on several epic drives in 2023
- Family Vacation! Take an Interstate road trip with the family
- Learn to drive a manual transmission car if you can't
- Teach someone to drive a manual transmission car
- Buy a manual transmission car if you don't have one
- Buy a sports car if you have never had one
- Buy a vehicle that can take you on epic adventures
- Buy that convertible you have always wanted - how many summers do you think have left to enjoy driving one?
24:15 - CLOSE
Thanks for listening and please subscribe to this podcast. Also, be sure to catch the next episode, which includes my first used car recommendation for 2023.
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