Depreciation is inevitable, but there are ways to minimize it. These simple tips can help you keep your used car value up if you sell or trade it later.
Cleaning your vehicle regularly and maintaining a good record can boost its resale value. Upgrades like alloy wheels or a fresh paint job can also help.
Could You Keep it Clean?
Whether you want to sell your used car or plan to put it toward a new one, maximizing its value is in your best interest. While all vehicles will lose a certain percentage of value over time, there are things you can do to reduce their depreciation rate and increase the amount you get for it when you’re ready to sell.
The most obvious thing you can do to improve resale value is to keep it clean. Dirty cars don’t look as good, and a dealership may knock off points for an exterior that looks dull or has blemishes, such as tree sap or bird droppings. Consistent vehicle cleaning also helps slow down the deterioration of your car’s components. This includes the interior, which should always be free of food, beverages, and cigarette smoke to maintain quality.
Get a Used Car Serviced
A vehicle is one of the biggest investments people make in their lifetime, so keeping its value as high as possible is important. While no car, truck, minivan, or SUV holds its value from the moment you drive it off the dealership lot, there are things you can do to ensure that your used vehicle retains as much value as possible.
For starters, keeping the mileage low is important – this is a big factor in how much your vehicle will sell for. Also, be sure to follow the recommended service intervals. Buyers can tell if your car has been properly maintained, which can help increase its resale value. Finally, addressing any outstanding repairs before selling used cars Austell GA will help it maintain its value.
Upgrade Used Car
Some car upgrades can boost the value of your ride. Some are more effective than others. For example, a new set of rims can make a vehicle look more luxurious and increase curb appeal.
If done cautiously, lowering the suspension can also add to a vehicle’s value. However, you don’t want to overdo it, as that will limit your pool of potential buyers.
Consider modern convenience and driver-assistance upgrades to spruce up your car. These are easy to install and will pay off when it comes time to sell or trade your vehicle.
Keep the Receipts
Buyers will want to feel confident that they’re buying a car that has been properly maintained. Keeping receipts for service, repairs, and upgrades will help prove that you’ve cared for the vehicle. This will also go a long way towards maximizing the value of your used car.
Driving your car less often will also help to minimize its depreciation. Try to take public transportation to work or plan your road trips to minimize mileage.
Finally, be sure to research the value of your car before selling it to a dealer or private party. Online resources like can help you get the best price for your car when it’s time to sell.
Could You Take the Used Car to a Mechanic?
It’s no secret that most vehicles start depreciating the second they leave the dealership lot. However, there are some things you can do to ensure that your vehicle retains its value when the time comes to sell it.
For starters, you should always have a used car inspected by a professional mechanic before you buy it. If a seller is unwilling to allow this, it’s likely a red flag, and you should walk away.
Another way to keep resale value high is to minimize mileage. Try to take public transportation to work or plan your road trips to stay within the limit. This will not only save on gas money but also wear and tear. With the right preparation, getting a good deal when you’re ready to sell is possible.