by m3a1 » November 22nd, 2017, 12:57 am
Now is also a good time to add that there appears to be a premium time of the year to buy and sell in the U.S. and that is around tax time. During that time you are going to find motivated sellers and motivated buyers. Since our vehicles are worth only what someone is willing to pay it's good to sell when people are noticeably more motivated.
In the seller category are people who are finding themselves in need of tax money. They are motivated to sell and they won't be selling nickle-drime stuff; for them it's usually a car or truck (which might also include former military vehicles) and as was pointed out, they'll be highly motivated sellers because they're behind the eight ball, so to speak....because the tax man cometh!
Also in the seller category are people who are transitioning to become buyers. They are the people who are expecting to receive an income tax return and they want to sell something in order to couple that money with their return, (sometimes) for the purpose of becoming a buyer. They are a little less motivated to sell but if the right person comes along who can help them meet their financial goal, sell they will.
And finally, there are the people who are strictly in the buyer category. These are the people who have received a bit of a windfall from their income tax return. They'll be looking for a motivated seller and likely as not, they'll come at you as a cash buyer.
So "tax time" is a good time for both sellers and buyers because it's the time when money starts changing hands.
Cheers,
TJ