5 Things That Can Damage Your Car’s Resale Value

It’s no secret that a well-maintained car can fetch a higher price when it comes time to sell. But what many people don’t realize is that there are several things they can do, or don’t do, to their car that will actually decrease its resale value. We are going to touch on 4 of the biggest things that can damage your car’s worth when it comes time to sell.

1. Not keeping up on routine maintenance

If you don’t keep up on your vehicle’s routine maintenance, parts in your car will wear or break down sooner than they should. This will cause your car to have more serious and expensive problems down the road, which potential buyers will be wary of. Make sure you keep records of all regularly scheduled maintenance so you can show potential buyers that you’ve taken good care of your car and they can trust it is in great condition.

Click here to schedule maintenance for your current vehicle.

2. Accidents, dents, and scratches

One of the biggest things that can damage your car’s resale value is accidents, dents, and scratches. Even if the damage is minor, it can still turn potential buyers away. If you have been in an accident and had necessary repairs done, be sure to keep records of them. Dents and scratches can also be a big turn-off for potential buyers, so make sure to fix those up as well.

For more details on what accidents, dents, and scratches can do to your car click here.

3. Modifications

While you may love all the modifications you’ve made to your car, they might not be so popular with potential buyers. Many people view modifications as something that has been done to the car that could potentially decrease its value or make it less reliable. If you are planning on selling your car, it’s best to remove any modifications and return the car to its original state.

Click here for a breakdown of which modifications can impact value.

4. Excessive mileage

The higher the mileage on your car, the lower its resale value will be. This is because potential buyers will view a car with a lot of miles as being less reliable and more likely to have problems. If you are trying to sell your car, it’s best to do so before it hits a high mileage threshold.

Use our KBB Instant Cash Offer tool to see what your car is worth.

5. Smoking odor

One final thing that can bring down the resale value is the smell of smoke. Whether it’s from cigarettes, cigars, or other smoking items, the smell of smoke is a major turn-off for many potential buyers. If you are a smoker, it’s best to avoid smoking in your vehicle as much as possible if you want to maintain good resale value. The smell is very difficult to get rid of even if the car is very thoroughly cleaned.

Click here to see local service specials near you!

Conclusion

It’s important to be mindful of these things if you want to get the most money for your car when you eventually sell it, as all of the things mentioned here can substantially hurt your resale value.

If you want to find out your vehicle’s current resale value and get advice on things you can do to bring up the resale value, contact us today. We would be happy to help you out.

Looking for a new Ford in Charlotte, NC? Click here to browse local Ford Truck inventory.

Posted in Uncategorized | Comments Off on 5 Things That Can Damage Your Car’s Resale Value