Your car is a big investment. While cars notoriously lose some of their value the minute you drive them off of the car dealer’s lot, there are still things that you can do to help keep your car’s trade-in value at a number you’d be happy with if you were to take your car back to the dealership. If you’re wondering what exactly plays a role in how much you can trade your car in for, keep reading to learn some of the determining factors in your car’s trade-in value.
The Top Factors That Affect The Trade-In Value Of Your Car
Mileage
While your car will still be worth something regardless of how old it is, people are a little more wary of cars that have 100,000 miles or more on them. Even if your car has been dependable the entire time you’ve had it, the more miles a car has, the more likely something is going to go wrong sooner or later. People tend to put around 15,000 miles on their car per year. If you have a newer car, and have put quite a few miles on it, that is also a red flag for buyers, since they’ll assume the car has been driven pretty hard and repairs will be imminent.
Mechanical Repairs
Potential buyers, and even car dealerships, want to ensure you’ve taken care of your car and have had the regular maintenance performed on it. Keep a record of the maintenance you have performed so you can ensure that the person you’re selling your car to knows that it has been cared for.
Vehicle Options
Added options, such as a sunroof, power locks, cruise control, and leather seats, to name a few, are what other buyers are going to want. When making your vehicle purchase, make sure that you consider the resale value of a standard car in comparison to a car that has added options that provide more comfort and safety for drivers.
Interior Condition
Vacuuming your car regularly, cleaning out trash so that it doesn’t get a bad smell, and avoiding eating and drinking in your car will ensure the interior stays well-maintained and hold up under the scrutiny of a dealership or a person looking to take your car.
Exterior Condition
While you may not mind the hail damage on your car, a potential buyer or an inspector at a car dealership will significantly decrease your car’s resale value if you have dents, chipped paint, and other exterior problems that decrease the appearance of your vehicle. Here at DentZilla, we can help you restore your car’s exterior and paint, should you ever have damage from a hail storm. If your car is in need of hail dent removal in O’Fallon or the surrounding areas, call us today to schedule an appointment.
To ensure your car’s resale value will be where you want it to be when you go to trade it in, be sure you are taking the proper care of your car and that you fix any mechanical or cosmetic problems your car may have. To have hail damage repaired, call DentZilla for the hail dent removal your car needs in O’Fallon.
