Aside from real estate, a new car is one of the biggest purchases you can make. And, unfortunately, unlike real estate, cars are often a depreciating asset. However, they also offer you value in your life by giving you an easy, efficient and convenient way to get around and makes your life a bit more manageable than if you had to catch the bus everywhere. With that said, there are some things you can do to maximise your car’s resale value for when it does come time to sell it or trade it in. Avoiding undue wear and tear is the main way you can increase the resale value. So let’s look at a few easy ways you can avoid wear and tear.
Use Quality Car Care Products
There is a range of car care products on the market which is all aimed at keeping your car in the best condition possible. An example of this is car cleaners and waxes which are aimed at keeping your car’s paint job in shipshape condition. Another is leather care products for leather seats and interiors, upholstery cleaner and conditioner to keep your car’s interior spick and span, and also window products to help remove minor scratches. Use quality products that your manufacturer recommends and you’ll avoid minor wear and tear inside and out.
Have it Serviced According to Schedule
Always get your car serviced at a licensed mechanic according to its servicing schedule. Usually, this is every six months or 10,000 kilometres, whichever comes first. As well as keeping your car in great condition by replacing lubricants, changing spark plugs and other essential engine parts, a great mechanic can spot larger issues emerging before they become catastrophic and costly. Most dealerships will also offer fixed price servicing if you bring your new car to their shop as well, so take advantage of this and look after your new purchase well.
Park it Undercover or in a Garage
Did you know that even with you taking the utmost care of your car a wild weather event can come along and cause write-off level damage? There is no way you can prevent a storm or hail, so take ample precautions and park your car in a garage, under a carport or somewhere undercover. If you don’t have these at your disposal, that’s ok, but consider a car covering or something else to help protect your pride and joy.
Did you know that the way you drive can have an impact on your car? Sudden acceleration and braking can cause your transmission, engine and brakes to deteriorate much faster than they would otherwise. So accelerate smoothly, avoid sudden braking and if you drive a manual, use that clutch properly. Leave the racing maneuvers to the professionals and look after your vehicle.
It is possible to reduce wear and tear to your new car and increase its resale value for when you trade-in or sell it second-hand. Firstly, you want to use quality car care products. Look for the ones that your manufacturer either sells or recommends for the best results. Next, ensure you get your car maintained and serviced according to the manufacturer’s schedule. This is to ensure that the engine and other parts stay working well. Where possible, park your car undercover or in a garage to avoid the weather. Drive smart too – leave the racing to people trained and paid to do it.