How to increase your car’s resale value
Buying a car is such a significant expense that, when you’re selling one or trading one in, you may as well get the best deal you possibly can for it. If you’re going to spend big on a new or used vehicle, why not do all you can to fetch the best possible price for your old car when you’re parting with it?
There are a few basic ground rules to follow when preparing to sell or trade in your current vehicle. Firstly, it needs to be in very good condition, both visibly and in terms of performance. It’s all well and good shining and buffing your car to make it look as if it just entered a dealer’s showroom, but if it splutters when you turn the key, nobody will go near it.
Also read: New car sales are on a roll – what does this mean for the used car market?
Another key factor which a lot of motorists ignore is the documentation pertaining to vehicle ownership. Log books, owner’s manuals and insurance records should be provided when you’re transferring ownership of a vehicle to someone else.
Take a look at the infographic below from Woodstock Motors, which outlines the key factors that will help you to secure a great deal on the sale or trade-in of your car.