It's the best time ever to sell a used car — as long as you don't need to buy one
Clarissa Iliff logged about 78,000 miles on her trusty 2015 Ford Focus before a looming new car purchase rendered it expendable earlier this year.
Trying to unload it, the Orange resident took the Ford to a local car dealership, which offered her $4,850 for the sedan in late March. But that was about $1,000 less than the low-end valuation from automotive research company Kelley Blue Book, so she passed.
It was the right decision. On Monday, Iliff sold the vehicle to CarMax in Costa Mesa for $6,400.
"I didn't expect to get that much," said Iliff, 31, director of business operations at BOTEC Analysis, a public policy research and consulting firm. "I am absolutely pleased with the financials."
Iliff benefited from a red-hot
You’re reading a preview, subscribe to read more.
Start your free 30 days