5 Ways to Boost Your Car’s Resale Value

If you plan to sell your car at some point in the future, depreciation is something you must always contend with. Cars can lose as much as 40 percent of their value the moment you drive them out of the dealership car lot, and every year that value goes down even more. While there's nothing you can do about your used car's depreciation, there are steps you can take to at least keep it minimal.

Keep the car clean inside out

The cleaner the car, the more attractive it will be. Wash and polish the car's exterior diligently to protect the finish from scratches and other abrasions. Keep the interior surfaces shiny and protected as well. Put floor mats, keep the car smelling good, and vacuum regularly.

Keep the mileage low

Having high mileage is an instant deal breaker for a used car for sale, so if selling the car in the future is part of your plans, keep mileage use as low as possible. Plan your routes, walk or commute instead of using your car on short trips, and car pool whenever you can. Aside from preventing your car from suffering too much wear and tear, you'll also save on gas.

Be diligent with scheduled maintenance

Vehicle warranty periods are getting longer nowadays, with certain brands offering up to five years warranty. Follow your vehicle's maintenance schedule religiously as outlined in your owner's manual, as many car buyers are willing to pay a premium price for a well-maintained vehicle. Keep records of every maintenance service so you'll have something to show when they ask for it.

Park and store your car properly

Sun, wind and rain can all impact your car’s condition negatively, not to mention bird droppings and other sorts of nastiness. Always keep your car in a garage when it's not in use. If you don't have a garage, invest in a high quality car cover.

Have the car detailed

When you finally decide to sell the car, have it detailed, and make sure to have the engine bay included. A thorough car detailing can make to car look showroom-fresh, which can do wonders to your selling price.