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Is Now a Good Time to Sell a Car?

2021 Chevy Colorado Driving in the Mountains

 

If you’re wondering whether you should sell your car in 2022, rest assured, it is still an exceptional time to sell your vehicle in greater Sarasota. Learn the reasons why now is such a good time to sell a car. Once you’re done reading, contact Cox Chevrolet in Bradenton to take the next step, and don’t forget to appraise the value of your car to get a sneak peek of just how great your offer is likely to be!

What Are the Reasons Why Now is a Good Time to Sell a Car?

Should you sell your car in 2022? At the moment, Tampa drivers can sell their cars for unheard-of sums. But why is now such a good time to sell a car? Two words: chip shortage.

Today’s vehicles feature thousands of semiconductor chips, which are the chips that tell your engine to start when you turn the key, or your window to roll down when you press the right button. Semiconductor chips transport and direct signals throughout your vehicle’s many electrical systems. At the moment, most semiconductor chips are made in Taiwan. Due to the dramatically increased demand for personal electronics during the pandemic, Taiwanese chip manufacturers have not been able to catch up with demand, resulting not only in a chip shortage but a major slowdown in automotive production.

This means that there’s just not much inventory available at car dealers across the world. What is available is priced to compete with high demand, so you can expect substantial inflation on automotive prices. That’s great news for you, however. If you’re looking to sell your vehicle near Palmetto, you can get a truly incredible offer. After all, it’s a seller’s market.

Sell Your Car to Cox Chevrolet in Bradenton

Have any questions about our reasons why now is a good time to sell your car? Then, give Cox Chevrolet a call at 941-251-0310. Now is a good time to sell your car, and we’re happy to go into further detail about why you’re in a great position to get a surprisingly high offer. We can also walk you through the steps of the process. If you’re considering using the value of your car as a trade-in for your next, be sure to explore our custom order options, so you can get a factory price on your next Chevy!

 

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