How to Get a Higher Resale Value for Your Vehicle

We all know automobiles depreciate in value over time. In fact, your car will start losing value the moment it’s off the lot. Although your sales price may not be close to what you originally paid, there are things you can do to increase the value of your vehicle. Follow these tips throughout the life of your vehicle to maximize your resale value!

Keep your car properly maintained.

Take your car in for regular maintenance, like oil changes and tire rotation. If you have any questions or concerns that you don’t feel require a special trip – this is the time to ask the mechanic. And if you have any major concerns outside or regular maintenance visits, be sure to bring your car into a mechanic ASAP. Waiting to address a major issue could cause even bigger, and more expensive, problems.

Keep miles as low as possible.

More miles on your car causes quicker depreciation. If you’re able to, try to avoid driving long distances at a time. The average person is estimated to drive around 13,500 miles per year. Market value is determined with this mileage in mind. So if you drive more than this each year, your vehicle may estimate under market value.

Clean it up.

People tend to be very visual. So if your car appears new and clean, it may sell for more. Thoroughly clean your car inside and out right before selling to potentially get an extra boost in your sale.

Fix any dings and dents.

If possible, avoid getting any kind of damage to your car by parking in covered spaces whenever possible. But if a dent or scratch does occur, make sure they are fixed by a professional to ensure your car continues to look its best.

Keep your records.

Any time your vehicle has maintenance or any kind of repair done on it, be sure to keep the paperwork or make note of each service. This documentation could help prove your car was properly maintained and that it is up to date on all maintenance. These papers prove that the vehicle was taken care of.

Drive safe.

Avoid being in any collisions. Having an accident on your car’s record could diminish its value simply because the car no longer looks as good as it once did. Even if you have repairs done, your vehicle is not the same as it was when you first bought it. Collisions will appear on your vehicle history report for future buyers to see.

If you’re thinking about selling your vehicle soon, bring it into Performance Auto so we can get it running great in order for you to sell it for the maximum value!

Speak Your Mind

*

Translate »