When it comes to retaining your car’s value, there is no shortage of things you can do to make sure you get top dollar when it’s time to sell your ride. Here are a few tips to help your vehicle retain its value long term.
Regular car maintenance is important to the overall health of your car, but it’s also imperative to retaining your car’s long-term value, and will pay off when it’s time to sell your trusty ride. Keeping up with regular maintenance (like oil changes, tire maintenance, and filter changes) will help you to avoid costly long-term problems, and your car’s next owner will thank you.
File away all maintenance and repair receipts for your vehicle. Whether you plan to trade your vehicle in or sell it down the road, you’ll be able to prove that you’ve taken exceptional care of your vehicle. Both dealerships and personal buyers are willing to pay more for a vehicle with a complete history of regular maintenance.
Watch the Mileage
Mileage is an important factor in determining a car’s value. According to the U.S. Department of Transportation, annual mileage of about 13,500 a year is considered average – anything more than that will cause the car to depreciate more quickly, while fewer miles will help the car to retain its value for longer.
Keep it in Good Condition
Buyers want a vehicle that looks new. The better you take care of the interior and exterior, the better your car will retain its value. Wash and wax the exterior, and vacuum and clean the interior regularly.
Once you’ve decided it’s time for a new car, stop by Jeff Lungren Chevrolet to see our selection of new vehicles!