5 Tricks to Improve Your Vehicle’s Resale Value
A car’s value starts decreasing the moment it is driven out of the dealership. With depreciation exceeding the costs of fuel, servicing, and insurance, selling a used car can be a daunting task. On top of that, there are matters of Melbourne comprehensive car insurance.
Fortunately, there are ways to improve your vehicle’s resale value. From keeping our car in top shape to investing in a car that will hold its value. Here are 5 tricks you can use to get a good resale value on your vehicle. Contact comprehensive car insurance company Melbourne for better assistance.
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Buy a car that sells
Buying a car that is popular and from a trusted brand will fetch a better resale value. Choosing an uncommon colour or model or customized modifications can bring down the value of your car. While buying an automatic car can get you a better price. Therefore, it is important to research and find out the resale value of used cars before making a purchase.
Calculate the market value of cars of the same make and model with similar mileage as yours. This will help you know what to expect when the time comes to re-sell it.
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Maintenance
A vehicle that is well maintained and clean will fetch a higher price even if it is a used car. Follow the manufacturer’s instructions for complete regular servicing schedules. Protect your car from damage by ensuring you park it where it is sheltered. Use protective mats and covers and avoid smoking in the car.
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Cleaning
Vacuum the interiors regularly and ensure there is no pet hair in your car. Attention to details will pay off in the long run by enticing buyers. Additionally, you may get quick service and refining done before re-selling. A thorough cleaning, restoring, and finishing of a vehicle’s interior and exterior will make your car look like new. Getting your car professionally detailed will boost its resale value offsetting the cost of detailing. You may even get a mechanical inspection to ensure your car is in good running condition.
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Keep Records
Get all your paperwork in order. Provide receipts of all the work done on your car. Include all service history and any insurance claims made along with the warranty. Cars with a live warranty will get a higher value.
Complete transparency will help build trust with prospective buyers. Get help from any top comprehensive car insurance company in Melbourne to ascertain the market value of your car. This can further help provide proof of your vehicle’s worth.
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Advertising
Ensure your online listing is detailed yet comprehensive and appealing. Include a detailed description of the car, fuel and engine type, make, model, mileage, and registration advice. Also, include high-quality images of your car in good lighting. Take pictures from different angles of the interior as well as the exterior.
Once you ensure that your vehicle is as good as new, all you have to do is set a reasonable price. Having a policy of Melbourne top comprehensive car insurance with a good agreed price will help you negotiate better values.