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3 Ways to Maintain Your Car’s Value

a toy car with pennies on top of it

Protect Your Car From Depreciation

 

It’s no secret that a car’s value plummets as soon as it’s driven off the lot. In fact, some experts suggest that the average car loses 15 to 25 percent of its value every year for the first 5 years. Everything from storage to service records can influence a car’s overall depreciation and resale value. To help you resell your vehicle for a top price, take a look at how to maintain the value.

 

Keep it clean

A clean, fresh-smelling interior shows prospective buyers that a car has been cared for. Stains on the seats, a dusty dashboard, and odd smells can put people off instantly. Regular vacuuming and quick attention to spills can help your interior looking tidy. Avoid smoking, eating, and drinking inside the vehicle to protect the cabin.

 

Make it sparkle

On the topic of cleaning, the exterior should be kept in good condition, too. This means making it sparkle when looking to sell it on. Regular washing and waxing of the exterior can help to preserve the paint job. Tires, rims, headlights, and exterior mirrors and windows should often be cleaned of dirt and grime. Whenever possible, store your vehicle in a garage to protect it from the sun, weather damage, and even theft.

 

Maintain maintenance record

Routine car maintenance is important for every vehicle, but it’s also important to keep good records to prove that you have cared for the car. You should follow the car’s regular maintenance schedule and save records of all services.

 

Auto insurance can be there for you when you need it the most. Work with an agency that has your best interests in mind. When you’re looking for reliable and affordable car insurance coverage, talk to the team at Humble & Davenport Insurance.