5 Tips For Getting the Best Car Resale Value
It’s common knowledge that cars begin to depreciate as soon as they’re driven off the lot. However, that doesn’t mean you should automatically lose all hope of reselling your vehicle for a good price one day. What you get out of your automobile when it comes time to sell or trade it in will depend largely on how well it’s been taken care of. There are plenty of things you can do to increase your chances of getting the best car resale value possible. Keep in mind that boosting your vehicle’s worth will allow you to have more money to put down on your next auto investment.
Stay Current on Maintenance and Service
Every vehicle comes with a recommended maintenance schedule that is designed to ensure it stays in good working order for many years. For the purpose of securing the best car resale value, it’s crucial that you follow a routine maintenance and service plan that includes oil changes, tire rotations, air filter replacements, brake inspections, etc. File away receipts and records of every service appointment you have so you can show evidence of how diligent you were on upkeep.
Keep Mileage at a Minimum
The lower the mileage on a car, the higher its resale value is almost guaranteed to escalate. Regardless if you own a particular model that is well known for driving 200,000 miles or more. Vehicles with fewer miles are more appealing to buyers and car dealerships. This is an indication they are investing in a car that has quite a bit of life left. If you know you’re getting ready to sell or do a trade-in, the less you drive, the better.
Don’t Ignore the Importance of Looks
The physical condition of your vehicle will play a key role in getting the best car resale value you can. The interior and exterior should be kept spotless and special attention paid to the paint job. Having a fresh coat of paint applied is not an inexpensive project, so it’s best to preserve your car’s finish to prevent fading, oxidation, and peeling. Consistent washing and waxing, as well as parking in a location that is protected from the outdoor elements, will help to achieve this goal.
Invest in Simple Repairs
Even if your car is still operable, any minor problems could cause its value to drop significantly. It will turn out to benefit you in the long run to take care of simple repairs, such as replacing tires with low tread, restoring dingy taillights, having small dents and dings smoothed out, installing a new battery, fixing any fluid leaks, and correcting brake issues. These relatively easy repairs can make a few thousand dollars difference on the offer you receive.
Carefully Consider Which Features to Add
It can be tempting to make modifications to a vehicle and customize it exactly to your liking. However, this could end up backfiring on you during the sale process. Not everyone has the same taste and preferences. So, while some features and accessories may catch your eye, they could actually lower the value of your car. Or, make it harder to sell. Finally, they could cause you to lose out on recouping the money you put into aftermarket parts.
Get the Best Car Resale Value with Peters Auto Mall
Buying a used vehicle is an attractive option for many people. That’s because you’re able to conveniently trade in a car at the same time you’re shopping for a new one. Ready to take full advantage of a sale or trade-in and capitalize on your chances to get the best car resale value? If so, then it’s vital to maintain your vehicle’s appearance and performance throughout your ownership.