5 Habits That Increase Your Car’s Resale Value
A vehicle is arguably one of the most expensive purchases each person will make in their lifetime so it only makes sense that you would want to do everything you can to maintain its value and mitigate future financial loss when you decide it is time to trade it in or to sell it privately. If you are looking to develop habits that increase your car’s resale value we suggest following the following…
Having regular maintenance done to your vehicle can not only help prevent larger, more expensive issues from becoming a problem over the course of you driving it but it can also help you get more cash when you decide to sell it for something newer. Periodical maintenance can include oil changes done on the correct schedule, regular tune-ups, having an alignment, and changing your fuel and air filter as recommended. Doing so can extend the life of your vehicle and offer big benefits when you go to get rid of it as well.
Keep It Clean
We all start with good intentions. Maybe you promised yourself when you first got it that you would keep this vehicle cleaner than you did your last one but the best way to create a new habit, is to do it daily. Make it your new habit to take out anything you brought with you into the vehicle that day that doesn’t absolutely need to remain in the vehicle every time you get out of the vehicle. Items can include coffee mugs, water bottles, papers, food or even money and trash can easily be removed while you pump your gas each week. With the inside taken care of regularly, it’s time to address the outside with car washes. Most experts recommend getting one done every couple of weeks and more often when driven in wintry climates like our wonderful West Michigan where salt is a common theme on our roads. In addition, it’s important to take care of stains as soon as they occur to avoid them setting into carpets or upholstery.
Lower mileage vehicles are typically more sought after and therefore, they usually bring in more money when being sold versus a higher mileage counterpart. Typically, adding 12,000-15,000 miles to your vehicle is considered average and anything above that would be higher considered high mileage. So what can you realistically do to reduce the number of miles you are putting on your vehicle? Consolidate trips when running errands and consider carpooling with someone else when possible.
Keeping good records of maintenance performed not only proves you actually did the recommended maintenance on schedule but helps give the dealership or private seller the impression that you took good care of the vehicle while it was in your possession. Detailed reports also tell your vehicle’s history and if its had minor or serious issues in the past. In addition to service records, it’s also good to know where your title, manual and any warranty paperwork are located to help avoid a delay in completing the transaction.
One of the easiest things to tell as soon as you sit in a vehicle is if someone has been smoking in it and when you consider how powerful and longlasting its effects, it’s easy to understand why it can immediately turn off potential buyers. We all know the odor of cigarette smoke lingers long after the cigarette is gone but there are also the hazardous chemicals that have been proven to stay as well to consider. Secondhand smoke contain the same toxic chemicals that are inhaled by smokers, including nicotine, carbon monoxide, benzene, formaldehyde, cyanide and a variety of cancer-causing substances and unfortunately, cleaning does very little to remove it. Give yourself the best chance of getting a higher resale value by ditching the butts and consider quitting for your health and your car’s value.
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