Right now is a better time to sell than waiting until summer. Here's what you need to know:
Why sell now
Wholesale prices for used cars increased in recent weeks, with the Manheim used-vehicle value index rising 2.4%. Spring buying season has started early this year, and it's expected to stay strong through April and May. Tax refunds are hitting bank accounts now, which means more buyers are actively shopping. Your vehicle will face less competition from other sellers right now.
What happens if you wait
Summer could bring lower prices. Off-lease vehicles are flooding the market in large numbers this year, with over 300,000 expected to return in 2026. By summer, that inventory will be higher, giving buyers more options and less reason to bid up prices. Additionally, the early spring buying surge is expected to cool off as we move deeper into summer.
The market right now
Used car inventory remains tight with only a 48-day supply at the start of 2026. The average used car listing price is around $25,500 to $26,000. Dealers are paying more for vehicles at auction, which translates to better offers for sellers. According to Cox Automotive's Chief Economist, the spring bounce started early this year and could run longer than normal because of stronger tax refunds and limited supply.
Timing matters by vehicle type
If you own a truck or SUV, the case for selling now is even stronger. These segments have high demand and are expected to hold prices well through the year. However, used electric vehicles and other segments with increasing supply may see softer pricing as the year progresses.
Action steps
List your vehicle in the next 2 to 4 weeks to capture peak spring demand. Get your car detailed and ready for photos. Use multiple listing platforms to maximize visibility. If dealers are offering quotes, get several to compare. The window for peak pricing typically stays open through May, but waiting until June could mean a $300 to $500+ difference.
Timing the used car market is tough, but all indicators point to now being better than summer.