How to maximise your car’s resale value

26 June 2018

Your car is depreciating all the time, but that doesn’t mean you can’t get a good price for it if you sell it. Here are clever ways you can increase your vehicle’s resale value.

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How to maximise your car’s resale value

There are smart things you can do to increase the resale value of your car if you’re planning to sell it

Your car is depreciating all the time, but that doesn’t mean you can’t get a good price for it if you sell it. Here are clever ways you can increase your vehicle’s resale value.

1. Maintain it regularly and properly

Regular maintenance not only keeps your car in good shape, but it also looks good to a potential buyer if they can see the full-servicehistory and have peace of mind that any small or big issues have been attended to.

On that note, keep a folder of all maintenance and repair receipts or records so a potential buyer has full knowledge of what your car has been through.

2. Fix things

If your car needs new windscreen wipers, then replace them, or if the radio isn’t working, fix it. Investing in fixing what’s broken will pay off. Scratches can be buffed or painted over, and if you have a serious dent, it’s best to have it professionally fixed, which could still cost you less than the value you lose by selling a dented car.

If you see any warning lights on the dashboard, rather address the problem than wait for a prospective buyer to see it.

3. Ensure you have a duplicate key

A new owner will want a duplicate car key. If you don’t have one, order one sooner than later as sometimes it could take weeks, depending on where it’s coming from.

4. Keep it clean

It might sound like an obvious one but keeping a car properly clean on the inside and outside is one of the best things you can do as your car will be judged on its appearance. A good idea is to clear out the trash, get a car deodorizer, wax the body until it shines, clean the headlights (ideally with a product especially suited to them), wash the floor mats and vacuum the interior.

5. Inspect the tyres and replace if necessary

Yes, new tyres are costly, but you’ll likely get the money back plus more if you sell a car with new tyres, rather than worn ones.

Why else should you have your car regularly serviced? Read here

Disclaimer

This article is intended to be used and must be used for informational purposes only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information in this article is strictly at your own risk. We will not be liable for any losses and/or damages in connection with the use of the information contained in this article.

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