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How to Increase Your Car’s Resale Value

How to Increase Your Car’s Resale Value

Posted On 03 Jan, 2018

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A car is usually one’s prized possession. As difficult as it is to part with your car, there’s no denying that every car comes to a stage wherein you could think of selling it to buy a better one. If you’re thinking of reselling, you would surely want the best price for it. But that layer of dirt on your car, the stains on the seat, and that burned out taillight might send the buyers looking to buy used cars the message that you didn't properly care for your car, which brings the market value of your car down. So, Hertz Rent2Buy presents to you some easy tips on how to increase your car’ resale value:

1. Regular maintenance – This is the most important tip. Regular maintenance & servicing keeps your car up and running for a longer period of time. It enhances its performance and the longevity of its parts. Don’t go for a patched-up paint job and spend on a good one instead.  Nothing speaks about a car’s worn-out state more than its dim lights. There are a number of headlight cleaning products available in the market that can make those plastic headlight covers bright and clear in a matter of minutes. Keep your car bright and shiny to let the potential buyer have a good first impression.

2. Keep the mileage down – As you already know, a car’s performance depends mostly on its mileage. The car’s value depends upon how many miles it has travelled. So, think ahead. If you plan on reselling your car, it is quite not a good idea to take your car on a road trip around the world.

3. Maintain a service history and documents – Have a complete record of the car’s service and maintenance history ready and prepared. All receipts and bills should be with you, even if they are for minor repair tasks. This helps greatly in the resale of your car. It works as a proof of the car’s maintenance for the buyer.

4. Extend your car’s warranty period - A car with a live warranty can boost up its value in the market. Not to forget, it can also save you some unforeseen large expenses when the car is in your care.

You should also ensure that the car is low on accessories and that its colour is a safe colour rather than a bright yellow or green (as these could put off a potential buyer). High personalization can bring down your car’s value. Follow these tips to properly take care of your car for the best price in the market.

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