No matter how long you have had your vehicle or how old it is, you will want to maintain its value. At some point you are likely to want to sell it or trade it in or use it as collateral for a car title loan. While many aspects of a car’s valuation are out of your control, such as its make, model, age and mileage, there are some factors that you can control. By looking after the condition of your car and slowing its depreciation, you are increasing the amount of money you will get for the car in any of these cases. There are a few things you can do to help maintain its value.
Car Maintenance
Take your vehicle for regular check-ups, oil changes, tire changes and tune-ups. This regular Maintenance helps to reduce the depreciation of your vehicle. Keep the receipts from these if you want to be able to prove a thorough maintenance history when you come to sell the car. As you know, a vehicle loses its initial value as soon as you drive out of the “dealer”. However, there are practices that will help you lose you do not leave when you want to sell.
Here are some tips on how to care so you can negotiate a good deal and we tell you what options carriage have more potential in the resale market.
Look after the Interior of the Vehicle
While this may seem superficial, if you make sure that the interior of the vehicle is tidy and that it smells nice, your car may be valued higher. Particularly the smell of cigarette smoke is very difficult to remove and can reduce the valuation of the car. Invest in cleaning the car seat covers. if your car has chrome parts, a good way to keep them bright is using a polishing chrome . You apply it with cotton industry, and then you wait a few minutes to dry and fresh with another piece of clean cotton.
Look After the Exterior of the Vehicle
A good clean and shine on a regular basis will help to maintain the value of your vehicle. Watching where you park will also help you keep your car in better condition. Avoid parking in the sun as vinyl dashboards can crack due to sun exposure. Try not to park close to other cars, especially those with long doors as this is a quick way to get a dent.
Kidal Delonix is a contributor to Mr. Hoffman's blog. The views and opinions are entirely his/her own and may not reflect Mr Hoffman's views.
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