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How
to Preserve Your Car's Resale Value
our
car, like your home, is a major investment, yet polls reveal that
Americans spend a great deal more money, time, and effort
maintaining their homes than their cars. Allotting a few dollars and
a little time to caring for your car can save you lots of money down
the road and preserve the resale value of your vehicle.
The first step is to learn about your vehicle — read
the owner’s manual. Then check your car’s “vital signs” on a
regular basis. Make a habit of taking your car in for regular
tune-ups, and you will keep your car in good shape. You will extend
the life of your car, keep it looking good, and maintain its fuel
efficiency — all of which will help increase its resale value.
Keep up on basic maintenance. Check the fluids, the tire
pressure, and the tires. Check hoses and belts and replace them when
they are worn out. Clean the battery terminals and make sure that
the cable connections and ground wire are tight. Monitor the way
your vehicle runs. If you smell or hear anything strange, check it
out immediately. Don’t wait for that annoying squeal to become a
major brake job. Check out all the lights and signals. Look out for
any puddles of liquid under the car or on the driveway.
Be sure to preserve the exterior appearance of your
vehicle. Washing and waxing on a regular basis can make your car
look like new. Maintaining a car’s appearance can increase its
value. The paint system, which includes a primer, paint, and
clearcoat, all work interdependently with one another. This paint
system is the biggest challenge to the resale value of your car —
it is highly sensitive and it covers the entire body of the car. A
paint job that is intact will not only influence its resale value
but also its marketability. The fact is that a sleek looking car
with a blown gasket will sell way before a beat up but mechanically
sound sedan.
So keep it clean — inside and out. A regular wash and
frequent wax job will keep your vehicle looking new and help protect
it from environmental pollutants and UV damage. Touch up scratches
as soon as you spot them or they will morph into large rust spots.
Matching paint is available from dealerships or from auto supply
stores.
Vacuum your car regularly. Clean the dash and treat it
with a protective product. Clean and protect all leather seats, and
clean spills on upholstery promptly, before they attract more dirt.
You can even have your car’s carpet and upholstery professionally
shampooed.
Whether your car is brand-new or nine years old, it’s
an important investment. Maintaining your vehicle properly can keep
it running well, looking good, and preserve its resale value.
Also see:
Financial
Automotive Articles
How
Well Do You Know the Warranty on Your Car?
-Dig that warranty out of the glovebox and check on these
important facts.
Avoiding
Car Sales Scams: The New Car Buying Process
-learn about negotiating
and other important tips.
No
Lemons Wanted- Used Car Buying Tips
-find a
great used auto without suffering through a lemon.
Everyone's
Offering 0%. Is it Time to Buy?
-you
hear the ads all the time on tv and the radio. Too good
to be true?
This webpage is
brought to you for general information purposes only and there are
no warranties as to accuracy, completeness, or results obtained from
any information posted on this or any linked website.
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