You’re probably aware that a vehicle dramatically depreciates in value the minute it’s driven off the dealer lot. However, there are many other factors that affect value — some of which you have full control over. You already maintain your vehicle out of the knowledge that doing so helps improve its life. But did you know that it also sets you up for a better payoff when it’s time to sell?
Here are some simple ways you can keep value in your vehicle:
Pay Attention to Mileage and Get Regular Checkups
Driving is both functional and enjoyable. But it’s important to understand that the more you drive, the more wear there is on your vehicle. That’s why it’s a good idea to closely monitor the increasing mileage.
In addition, make regular maintenance a priority. While it’s tempting to “push” checkups into the future, doing so only sets you up for a problem down the line. Depending on the severity, it could have lasting effects on the potential for sale.
Service records are helpful for your own reference but are also beneficial when trying to sell your vehicle. They provide proof that you took pride in care and maintenance.
Cleanliness is King
Keeping vehicles clean is about more than just aesthetics. There’s a reason why firefighters are always cleaning the trucks. Removing dirt and debris — both inside and out — keeps your vehicle free of elements that can damage equipment and structure.
If you live in a climate where it snows, consider washing your vehicle every week or so. This removes salt deposits, which — if left untouched for several months — can quickly cause rust.
In addition to cleaning, proper storage is important. Park the vehicle in a garage or enclosed space. If this isn’t possible, consider purchasing a temporary shelter for the vehicle, or even parking it under a tree or other structure that allows for some shielding from the elements.
Minor Factors Add Up
You’re bound to experience at least some cracking, chipping, and paint fading over the life of the vehicle. While this is normal, keep in mind that cracks and chips soon add up to major issues. When buyers must put in significant cash for repairs, the purchase price is negatively affected.
Excessive scratches, dents, and dings also give the impression that you were careless in the operation of the vehicle. Buyers will become concerned that a disheveled exterior was caused by possible mechanical problems.
In addition, pay attention to minor aspects that you may have gotten used to, such as windows not working properly, broken taillights, missing hubcaps, etc. This all factors into the overall package of the vehicle.
Get the Bottom Line
At Auto Pawn, we’re experts at appraising and purchasing vehicles of all types, from cars and trucks to motorcycles, boats, and more. Our friendly and knowledgeable staff will help you discover the true value of your vehicle. We’re proud to be able to pay top dollar for quality vehicles, in some cases up to $100,000! Contact us today to find out the options available to you.