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Depreciation is the scary word for every brand-new car owner. The moment you buy a new car, its value starts losing with every month. Every vehicle gets old with time, but one can control the wear and tear or damages by keeping it in good condition. No doubt, every car faces a value depreciation of around 25% yearly, but if you take care of its health externally and internally, you can still get a good price while selling it after 5 or 10 years. However, if you decide to use it until the wheels fall off, then it’s an exception. But most car owners prefer to trade in their car while buying a new one. If you are also one of them, it’s important to keep your vehicle in mint condition to get the best resale value by following the tips given below.
Tips to increase the resale value of your existing car
Service your car regularly.
Timely service can keep a lot of problems at bay. It’s important to get your car serviced periodically to increase its resale value. A car service is a routine checkup and maintenance that involves oil changes, tire rotation, refilling important fluids, brake replacement, etc. All these aspects help your car run smoothly without causing any potential damage.
Keep a service record.
Another important tip is to keep a proper service record to fetch the best resale price for your car. Buyers always look for a vehicle with a comprehensive service record to avoid any heavy repair or maintenance charges after buying a car. A documented car history attracts potential buyers who can pay the requested price without major negotiations. Hence, ensure to have a service record with proper receipts and documents.
Maintain cleanliness
Another major tip is to maintain cleanliness in your car. Timely and regular cleaning keeps major damages at bay. It includes periodic washing and waxing to keep your vehicle in mint condition and helps you get the best resale value while selling your car. Regular washing and waxing keep stubborn dust, dirt, and scratches away from it. Also, ensure to put a premium car body cover on during harsh weather conditions.
Keep repairing minor damages.
Don’t wait for big damage. Instead, keep repairing minor dents and scratches on your car before they turn into big ones. You can also replace a panel or part of it if it’s in bad condition due to an accident or heavy usage. For instance, if your car's tires are worn out, it’s better to replace them with new ones to enhance the resale value.
Keep the car's cabin in mint condition.
Every buyer checks a car cabin more carefully, as it’s where they sit while driving a car. It can break or make a deal. No customer likes a cabin in a messy or dirty condition. So, make sure to keep the interiors in mint and tidy condition. If car seat covers or floor mats are worn out, change them. You can buy ultra-luxurious 9D combination mats or car seat covers from AutoFurnish to uplift the style and safety quotient. Similarly, use air fresheners to keep bad smells away from your cabin, and vacuum your car regularly to get rid of stubborn dust particles.
Keep up with the latest technology.
Don’t forget to add new technologies to make your car look modern. For instance, a touchscreen infotainment system along with a rear-view camera has become the need of the hour. Every buyer prefers to find these features in a preowned car. And the best part is that they can surely increase the value tenfold.
Final Wrap
The preowned car market has become huge over the last few years. Customers now look for preowned cars to get the best value for money and modern features without investing much in a new car. Hence, every preowned car buyer looks for an excellent condition with as many features as possible. These tips will help you get the best resale value without making any compromises and give you an upper hand while selling your car.
