How to Ensure Your Car Doesn’t Lose its Value

It’s a fact that as soon as you drive that car off the forecourt, it has instantly lost value. Some cars will depreciate by as much as 40% in their first year! When it comes to selling on, you may be disappointed with what your vehicle is now worth. If you want to get the best price for your secondhand car, it’s important to look after it. Here are some top tips to ensure your automobile doesn’t lose its value.

AudiBuy the Right Car

The fact is, not all cars depreciate at the same rate. Some cars hold their value for a lot longer, so are seen as clever investments. Typically, the more expensive a vehicle is to start with, the less it depreciates. SUVs also seem to do a lot better a few years down the line, compared to other cars. If you want to keep a high value for as long as possible, make sure you’re buying the right car in the first place. Audis, Range Rovers, and Mercedes all do well in a sellers’ market.

Regular Services

You’ll always get a much better price for your secondhand car if it has a regular service history. With that in mind, ensure you are getting it serviced at least once a year. You may also want to check the guidelines for your particular car. They may also need a service after a certain amount of miles. Make sure you keep the paperwork, to prove your vehicle has had regular servicing.

Clean and Scratch Free

This seems like a no-brainer! If you keep your vehicle clean and scratch free, people will be more likely to pay a higher price for you. You can protect your car from swirls and scratches, however. Companies like OPEC Detailing can get rid of any marks, while also adding a protectant. This is an excellent way to protect your investment and keep your vehicle sparkling.

Adding Extras

Some people think that if they add extras to their car, it will automatically be worth more. However, adding the wrong things can decrease the value instead. Some people may be into spoilers and sports seats, but not all! This will make it harder to sell when you need to. Instead of trying to ‘soup up’ your car, go for extras that will be practical instead. CD players or iPod docks are something that most people will pay a little bit more for.

Watch Your Mileage

This is a tricky one to get right. Do too few miles and people will worry that it hasn’t been driven much. Do too many and you’re instantly losing value. You need to keep an eye on your mileage to make sure you’re striking a fine balance. The average yearly mileage in the US is around 13,500. If you can stick within this kind of limit then you’re doing a good job!

All of these things should ensure your car keeps its value for as long as possible. Which means that you won’t be disappointed when you come to sell! And, you’ll be able to put more money towards that upgrade.

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