Tips to Boost your Car Trades in Value

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It’s often thought that investing in a car becomes a liability rather than being an asset in the long run. Well, this is just partially true and you can actually boost your car trades in value if you diligently follow some general rules about car maintenance and car service.
Here are the top tips to boost your car trades in value:
  1. Refurbishing your old car at the time of sale
First impressions are always the last impressions! While it may cost you some money, but, it will help you increase the resale value of your car. Take your car to a car service station and go for the following car reconditioning:
  • Thorough washing and waxing for an exterior shine.
  • Check if your tyres have worn out. Wash them thoroughly or think about replacement if the wears and tears are too harsh
  • Fix broken headlights, scratches, dents and other petty issues.
  • Clean up the interiors and make it look as shiny and as luxurious as possible.


  1. Running it Low
Whatsoever new your car looks like, if it reads high on the mileage meter, your car’s trade in value is definitely going to run low. One usually runs a car at an average of 10, 000 km per year. However, if you can’t help running beyond that, then either you think of keeping back your vehicle with yourself or look for other means and sources for daily commuting, like using a car pool or a public transport system.


  1. Adding features to your vehicle
Adding special features to your vehicle now will help you gain better in the long run. Second hand vehicle seekers, besides all those basic things, also look for features such as auto transmission, sunroofs, cruise control, leather furnishing, navigation options and other luxury and high tech settings. Adding an OBD system to your car not only helps you keep your vehicle fit, but, it also adds a special feature to your car and increases its resale value.


  1. What’s in trend?
Before buying a vehicle, always do a detailed research. It is advisable that you choose a car model and a car brand that has a previous history of good resale value in the market. Brands like Hyundai, Honda, Mazada, Subaru and Toyota have a good reputation and a high resale value in Australia. The top consistently performing cars in Australia are Toyota Hilux, Toyota Corolla, Mazda 3, Hyundai i3 and the Ford Ranger.


  1. Keeping it all documented
Be transparent with what you say. Never hide anything from the buyer and instead, it’s advisable that you furnish proof of your car’s condition by showing documentation from a reliable car mechanic or car service workshop to interested buyers. You can at least show them the OBD records, the oil changes done over the years and other maintenance related information that can boast about the car’s good health.
Therefore, before you go completely clean bold about that newly launched expensive car in the market, it’s best to do an extensive research about its trade-in value in the near future. If you would be selling your car at one point of time, then look for car models that have already made a firm establishment in the market.



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