Used-car prices peak in August and run lowest in January — and the whole swing is about 5%, which changes the advice entirely.

The folklore says spring: tax refunds land, buyers appear, sell in March. The Bureau of Labor Statistics has measured what American buyers actually pay for used vehicles every month since 1953, and its seasonal pattern says something different: prices sit furthest above trend in August and July, and furthest below it in January. Spring is merely the climb between the two.
The swing is real but modest: about 5.0% from the January trough to the August peak. And it survives a robustness check — drop the pandemic years (2020–2022), when used-car prices did unprecedented things, and the pattern barely moves (the table's third column).
| Month | Factor, 10-yr | Ex-pandemic | Reading |
|---|---|---|---|
| January | 98.02 | 98.20 | The annual trough |
| February | 98.20 | 98.39 | Below trend |
| March | 99.56 | 99.66 | Below trend |
| April | 100.38 | 100.38 | Above trend |
| May | 100.43 | 100.47 | Above trend |
| June | 101.79 | 101.68 | Above trend |
| July | 102.78 | 102.49 | Above trend |
| August | 102.91 | 102.47 | The annual peak |
| September | 100.09 | 100.15 | Above trend |
| October | 99.17 | 99.25 | Below trend |
| November | 98.68 | 98.80 | Below trend |
| December | 98.33 | 98.54 | Below trend |
The trough-to-peak climb is 5.0% spread across 7 months — about 0.7% per month of seasonal tailwind, and that is the best case: selling in January and somehow capturing the whole climb to August. Meanwhile the car is aging, adding miles, and rolling toward its next registration bill. Unless your particular car is depreciating more slowly than 0.7% a month — and most used cars are not — the season gives back less than the wait takes away. The honest reading of seventy years of data is not “sell in August”; it is “the best month to sell is the month you decide to,” with a small thumb on the scale for summer if you are already there.
The CPI tracks what consumers pay dealers for used cars and trucks across the country — the retail market a private seller competes with, not private-party prices themselves, which no public series tracks. It also says nothing about your model: convertibles and four-wheel-drives have their own seasons. What it settles is the market-wide question, and it is the only public dataset old enough and broad enough to settle it.
BLS publishes the used-vehicle CPI twice: unadjusted (series CUUR0000SETA02) and seasonally adjusted (CUSR0000SETA02). Dividing one by the other recovers the seasonal factor BLS itself estimates for each month. We averaged that ratio per calendar month across the ten full years through 2025, and separately with 2020–2022 excluded. Both series were fetched from the BLS public flat files on 2026-08-25; the data is public domain, and the two series plus twelve divisions reproduce every number on this page.
Citing this page. Two public BLS series and twelve divisions reproduce every figure; the methodology above spells them out. A suggested citation: “The Best Time to Sell a Car, From 70 Years of Price Data,” Sell My Car Hub, sellmycarhub.com/guides/best-time-to-sell-a-car/, data as of 2026-08-25. The charts may be reproduced with a link to this page.
Related: used-car prices since 1953, in one chart · what an expired registration costs while a car waits · what selling takes in your state.