Expert reveals why April is the best time to sell your old car

Those who are looking to make an extra bit of cash and are in luck, as it has been revealed that April is the best time to . Experts at explained that this month is a "key turning point" in the market of used cars due to the effects of the March number plate changes. The release of new registration plates in March and September, which means last month's launch of '25' plates means thousands of new cars have hit UK roads.

As a result of more drivers looking to upgrade to brand-new vehicles, part-exchanges take over the market and therefore dealers and car-buying platforms are "actively" searching for quality used stock to meet the higher demand, putting those who are looking to sell their used cars in a "prime position", as buyers are more likely to pay top prices.

A spokesperson for the company said: "April is the sweet spot for selling a used car. Dealers need stock to replenish their forecourts after the surge in new car sales in March, and many buyers are looking for a more affordable alternative to a brand-new model.

"If you're considering selling, now is the time to act before the market becomes oversaturated with trade-ins."

The used car price tends to remain "steady" in April but begins falling as the supply decreases. Therefore, selling now will give you the upper hand in securing a "stronger price before an oversupply drives valuations down".

The expert added: "Delaying your sale could mean competing against an influx of trade-ins, which pushes prices down. Right now, demand is high, giving sellers a stronger negotiating position."

With April just beginning, this advice couldn't have come at a better time. Car owners should get their old vehicles ready as soon as possible to make some easy extra cash.

When it comes to selling your old car, it is important to make sure you have all appropriate documents, that the vehicle is clean and it's in good condition, such as featuring no scratches or marks, as these things often boost the value price