With a more competitive market than ever, use these tips to help find your next ride.
We’re familiar with the used car market—since March 2020, used car prices are up nearly 40%. This increase not only affects daily driver vehicles but also classic and exotics. With demand continuing to soar as well, it is no secret finding another dream vehicle (at a dream price) takes more time than ever.
What is a good place to find older cars for sale?
- Dealerships – Article headlines have told us dealership lots are empty, but dealerships still have an inventory (and often have new inventory arriving every week)—even if vehicles are staying on lots for much shorter periods of time. Stay on top of new inventory at dealers by learning how dealerships promote new inventory–and build relationships with dealer representatives that can keep you up to date. Dealerships like EuroCar have a VIP List, which is an email alerting you about new vehicles in inventory. Look for other email lists you can subscribe to, ensuring the latest vehicles show up in your inbox.
- Private Party – Private party sales continue to be a great place to find deals on used rides. Although many community bulletin boards no longer have vehicles for sale (or no longer exist), online is the place to look. Facebook marketplace and craigslist are chock full of both fully restored classics and scrappy classics needing some love. Other classified sites and resources local to your area may also be available to find unique rides.
- Auctions – Auctions like Barrett-Jackson are the center of collector car culture. Barrett-Jackson’s largest auction is happening in Scottsdale on January 22-30th 2022. With hundreds of the most desirable classics, you can see the select preview on their website. If you do plan on bidding at Barrett-Jackson, learn about getting pre-approved with Woodside Credit.
- Publications and Auto Networks – From Hemmings to Autotrader Classics, some of the most incredible used cars can be found through these sites. Many dealers advertise across these types of platforms, making it a great place to search a wide selection of vehicles all at once. These sites also have tools to receive alerts when a particular classic becomes available for sale.
No matter where you buy, buy with Woodside Credit. Our loan programs are purpose-built with the collector in mind. Whether you buy at a dealership or private party, auction or publication, put the lowest monthly payments in America work for you. Contact us today.