Some possessions we buy gain value over time, unfortunately that’s not typically the case with our cars. With the average depreciation rate of a vehicle sitting at approximately 15% a year, it’s important to take measures to maintain the value of your car.
There are many easy things that you can do to improve your car’s value. Read our top tips to keeping your car in great condition below.
Regularly Servicing Your Car
One of the best ways to maintain the value of your car is to regularly have your vehicle serviced. Whether you own a reliable Toyota or a luxury Audi, every vehicle manufacturer has recommended servicing intervals. Having your oil filters changed, tire pressure checked and park brake inspected are all things that will improve the performance, and ultimately the value, of your car.
Retain All Service Records
Keeping all of your servicing and parts receipts since you’ve purchased your vehicle is a great way to improve your car’s value. When you go to sell your car, these records demonstrate to potential buyers that you’ve properly maintained the quality your vehicle.
Keep It Clean
This may seem like a no brainer, but simply keeping your car clean and preserving its original state shows that it’s been looked after properly. We recommend cleaning your car thoroughly by regularly vacuuming and detailing your car’s interior. It’s also best to avoid smoking, drinking and eating in your car, as unpleasant smells and stains can lower your car’s value.
Protect Its Appearance
Along with taking care of the inside of your car, it’s important to protect your vehicle’s exterior. A good-looking exterior can increase your car’s charm and influence value. If possible, we recommend parking your car undercover to protect it from the elements. Excessive sun, tree sap, salt, bird droppings and leaves can all affect the outer surfaces of your car.
Regardless of whether you’re looking to sell your vehicle in the next month or the next year, these top tips will help you increase your car’s value and demonstrate to prospective buyers that you’ve maintained your vehicle. Find out your car value online today using our easy 4-Step Car Valuation process or contact us on 08 9409 2227.