I am looking to upgrade my car (2016 VW Tiguan) given its >5 years old and might start having a few issues … can't rely on older European cars. My plan is to buy a near new/ demo car (thinking Mazda CX8 with the 7 seats) and trade in my old one. Seen a few on dealer lots so there won't be wait times like buying a new car.
I've been reading that with all the car shortages etc, prices for both new and used cars are alot higher. So my question is should I trade in and buy now, or do it later (say 6 months from now) once dealers get more stock. With high used car prices, I am thinking of trading in my old car now to take advantage of the higher prices but I would also buy a car in a more expensive market.
Also, because I need to car a car now, I can't sell now and buy in say 6 months time.
So any thoughts? Given I am buying and selling, should I do it now, later, or does it not make any difference?
And yes, I could sell the car myself but the hassel and time it takes is putting me off…