How to Increase your Car Resale Value

By John Hayden

In Canada, most vehicles have an average of three owners during its entire lifespan. Most car buyers are more concerned about the resale value after purchasing a new car, and this can only be determined by how well the car owner maintains his vehicle.

Owning a car is a long-term responsibility and the more conscious you are about your vehicles condition the more value you get when it’s time to sell it. Careless use however can drastically devalue your cars’ worth on the market.

These 3 guides below will help increase the lifespan and resale value of your vehicle over time.

Regular car maintenance

An average vehicle has a lifespan of 15 years, but most vehicles won’t make it this long due to lack of maintenance. Regular checkups should be done whenever you notice a fault. Even when there isn’t any fault, you should regularly service your car at authorized repair shops to avoid sudden breakdown.

Making upgrades and tune-ups will not only prolong the longevity of your vehicle but also increase its resale value. Pay attention to the little things especially dents and scratches in the interior parts of your car and fix them immediately.

Keep records

After every repair or upgrade done on your car, make sure you keep all receipts safe because this serves as proof of maintenance to future buyers. This will also build trust between you and any prospective buyer as it’s the only way you can vouch for any maintenance done on the vehicle. Without solid proof of maintenance, your cars’ resale value will decrease.

Drive safely

Accidents reduces the resale value of cars, and most buyers will rather avoid purchasing a vehicle that has been involved in a crash. Learn to drive safely anytime  you are on the road; it not only protects your car from damages and increases your credit score -but it also protects you from harm. Reckless driving will only lead to more accidents and in the long run, will have a huge negative impact on your car’s worth.

Would you like to find out more information on how to increase your cars resale value, or want to know where you can make affordable upgrades to your vehicle? We offer a list of authorized repair shops with a high reputation to suit all your maintenance needs. Please, fill the form below to get started on your journey to protecting the resale value of your vehicle.

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