Every asset depreciates over time. The same is the case with your car, its value depreciates over time due to several reasons. After several years of use, you can even want to upgrade your car and get the latest one. Hence, it is imperative to keep your car in a top condition so that if you decide to sell it off, you can get a high resale value. Put yourself in the shoes of a buyer, you would even want to purchase a car that is in good condition with all documents at the place. By doing so, you can redeem you can keep the resale value of your car reasonably higher if you take good care of your car and you have the proof to show the same. Here are a few tips that will help you get high resale value of your car-
Keep Your Car Clean
This is the primary thing you should incorporate. You should keep your car clean while using it and before finally making the big decision of selling it off. Clean the car from inside out and keep it aesthetically and cosmetically presentable from every angle. Luckily, you don't have to spend a lot to get your car cleaned. With the right cleaning products and the right tricks, your car will come out presentable.
Keep Up With Maintenance
It's a normal phenomenon that we don't want to take our vehicle to service until and unless there's a breakdown or something goes wrong with the electrical parts. Are you still wondering how many times you should take your car to service? The answer is simple- just stick to the maintenance schedule and you are good to go. Each car is different, so are their needs.
Get Rid of Those Dents & Dings
When you use your car every day or even once in a while, it is normal that it will get dents and scratches. Luckily, all of these are minor issues and are cheap to fix. You can fix the scratches by painting the same or by polishing off those scuffs.
Take Detailed Notes
You should take detailed notes of maintenance work and repairs you performed on your car since the day you bought it. Keep a detailed record of warranty card, service records, finance contract, manual and stickers.
Maintain Your Paperwork
When you hand over your car to its new owner, you also need to hand over all the related documents to the buyer. Keep all your paperwork in place so that you can easily provide the buyer with the same. Also, don't forget to transfer the car insurance policy in the new owner's name. Or, if your
car insurance policy has expired, ask the buyer to get it renewed ASAP.
Keep the Electrical Components Working
If your car is fully functional, then it can automatically raise the value of your car by a great margin. A buyer always wants a car that is well maintained so that they don't have to pay additionally on the small fixations. If your car is not in the right condition or the internal components are not working fine, the buyer will start bargaining and won't consider purchasing it until and unless every flaw is fixed. Spend a little time and money and make sure that all the parts are working properly, right from the sunroof to the number plate bulb.