How Do I Maintain My Car's Resale Value?

iips to increase your vehicles value

Cars are large investments that can depreciate over the years, depending on the model and how much they're used. Although it's impossible to prevent the vehicle from depreciating over time, there are still ways to maintain and boost its resale value. When you're ready to sell your car, there are a few important steps to take as the owner to ensure that you can obtain a higher profit.

Keep it Clean

Keeping your car clean on a consistent basis is one of the most effective ways to maintain its value and allow it to continue having a high level of appeal. Avoid eating in the car to prevent spills from occurring. Vacuuming the car out and wiping down the dashboard each week will also allow it to continue looking new and will prove that you cared for the car. You'll also want to avoid smoking in the vehicle, which will make it difficult to get rid of the smell and can affect its overall value if the cabin has odors that are present.

Drive Safely

pre-owned Acura

The way that you drive your car each day will affect how much it's worth. If you tend to drive at high speeds or get into fender benders, it can hurt the vehicle's resale value, especially if the car has parts that need to be replaced. Avoid exceeding the speed limit and follow traffic signs to ensure that you stay safe and reduce the risk of damage to the car. If the vehicle has been in accidents, remain upfront with the buyer and provide receipts of the work that has been done on the vehicle to ensure that there's a high level of transparency.

Keep Thorough Records

Buyers want to know the history of the car to determine if they're going to purchase it. You'll need to keep thorough records to ensure that you can provide proof that you've kept up with the maintenance each year. Different websites that are available can also help you with staying organized with your records to ensure that you don't lose any of the important documents to pass on to the buyer.

Avoid Driving the Car Too Much

Although your car is used to get around each day, driving it too much can affect how much it's worth once you're ready to sell it. Keep the miles down and carpool with coworkers when possible. You can also consider walking or biking around town when you need to run errands to limit how much the vehicle is used. If you're planning on traveling hundreds of miles on a trip, opt for renting a car to avoid putting excess wear and tear on your personal vehicle. Do your best to sell the car before it hits 100,000 miles, which will cause its value to drop.

Keep the Car Covered

Many people underestimate the importance of keeping their car covered throughout the year, which can protect it from the elements and will increase its lifespan. Always keep the car parked in a garage or in a covered parking space, which can preserve the paint job and will prevent it from fading in the sun. A car cover can also be used to protect the exterior from damage and will allow it to maintain its appeal.

If you're looking for additional ways to maintain your car's resale value, feel free to contact us or visit our dealership today. We can also assist you with testing one of our models and will explain our financing options that are available at our location.

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