Author: Everette Jamison
Title: 4 Ways To Destroy Your Car’s Resale Value
Article: Nothing lasts forever. Your car, once a gleaming beauty of a driving machine sitting in your garage, will slowly lose its value over time. That’s called depreciation. Some makes and models are known to hold their value better than others. But, here’s a secret that a lot of drivers seem to forget: the things you do to your car (or, fail to do, as the case may be) can cause its resale value to plummet. In fact, they can cause it to drop more quickly than the stock market in a recession. Today, I’ll list 3 things that you should avoid doing if you want to squeeze as much value from your vehicle as possible.
1 – Throwing Away Garage Receipts
Consider what it’s like to shop for a used car. If the seller can show you documentation for every oil change, brake job, and repair work performed, you’ll feel more comfortable that the vehicle has been maintained properly, right? That’s how others are going to feel about your car. Even if you’re trading it into the dealer when buying a new vehicle, having the receipts will support its resale value.
2 – Eating Meals While Driving
For a lot of motorists, eating behind the wheel seems to have turned into a case of “what can you get away with.” Enjoying a donut is one thing; trying to drive while holding a triple-decker burger in 1 hand and a soft drink in the other is a different ballgame. Not only is it dangerous, but it can damage the interior of your vehicle, dropping its resale valuation. After all, ketchup and mustard is tough to get out of the upholstery.
3 – Letting Dents Go Unattended
Getting dings and dents is a foregone conclusion. Remember, grocery store baskets are attracted to flawless exteriors. The problem is that a dent or ding can lay the groundwork for rust to set in. Over time, that rust can slowly spread. As you can imagine, that will hurt your car’s valuation. If you notice a dent, get it repaired.
4 – Not Thinking About Future Buyers
You may love the idea of having a bass-pounding stereo system, but will the future owner of your vehicle feel the same? When you buy your car, try to include options that other drivers will find appealing. For example, keyless entry, GPS navigation, anti-lock brakes, and traction control are important. Heated seats? They’re nice to have, but not critical.
Squeezing Every Dollar
No matter how gorgeous your vehicle looks today, you’re going to get rid of it eventually. Remember, there’s a lot you can do to preserve its resale value. If you want to squeeze every last dollar from it, keep your garage receipts, put the food and drinks away, fix the dents, and go for popular options. When the time comes to trade it in or sell it, your bank account will thank you. For all your used auto parts and used transmissions needs the leader in parts is http://www.everdrive.com
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