When you invest the money into a vehicle, you want to know that when you are ready to upgrade you will get some of that value back. According to CNBC more people are reselling their used vehicles than ever. Here are a few ways to help you get the most back.
To improve the resale value of your car you must know how much it is really worth, and you must have the price set, so you don’t undersell your vehicle or put off buyers by asking too much. For example, if you have a car that you bought for 60k and have had the car for long enough to pay it off in great condition you can sell it for at least 50k. You will not get lowball offers if you know your car’s worth upfront and stick to your price based on your knowledge.
Another great way to get the best out of selling your used car is creating an ad online as most people buying will be using media on their phones. Many people will be looking for a deal near them, so ads that appeal to people in your proximity will benefit you in the long run.
Another way to improve resale value is to know which upgrades are worth your money. An upgrade like a light bar that costs a lot less than the visual improvement it brings in a picture, can mean you get a closer to your asking price because a car with an upgrade sells for more than a stock car. No matter the size of the upgrade a picture online with anything special attracts attention.
One of the most important ways to improve your resale value is to make sure you keep your car in the best shape as possible. A great way to do this is to invest early on in quality floormats. Your flooring and carpet receive the brunt of the interior wear and tear and quality floor mats are easy to replace before selling your car and make it seem brand new. Many people under-estimate floormats when it comes to keeping your car clean. From stain prevention, to odor repellant, quality floor protectant and seat protectant can mean a simple shampooing brings your car back to new shape instead of a costly seat replacement job or brand new carpeting. According to Consumer Reports it can be difficult to get rid of bad odors, so prevention is key.
Another great way to make the best profit from selling your car is getting it tuned up before the selling process. Tuning up your car or paying someone to do the job can be very useful because nothing can be worse for your ratings than right before making a sale having the vehicle not turn on because of something as small as the spark plug or battery not doing the job correctly. Making you lose thousands for something that can be fixed for 50$. If you are interested in tuning up your own car you may want to make sure you are doing it right with online tutorials.