How to Improve the Resale Value of Our Vehicle?

April 17 2018, S&H Leasing

How to Improve the Resale Value of Our Vehicle?

We all want to get the best resale value for our vehicle, that's normal. That said, we all know that a new vehicle starts depreciating as soon as it leaves the showroom. Then, there are a lot of options available to vehicle buyers in the used model market, and our vehicle will face fierce competition at the time of resale.

With the following tips, however, we can improve the resale value of our vehicle.

Have Your Vehicle Serviced and Repair any Damage

It’s always wise to have your vehicle serviced before selling it, and to have any issues fixed before re-selling vehicle. The potential buyer will probably want to have your vehicle inspected, and it's good to know in advance what will come out of this inspection. In addition, if your vehicle is in good condition, it will be easier to sell and there is a much better chance that you get the amount you want for your vehicle.

In addition, there are products that can remove small scratches and bumps on your vehicle’s body. These products are often very affordable and will give your vehicle an excellent first impression.

Consider an Extended Warranty

The majority of new vehicles come with two main warranties, the 3-year or 60,000-kilometer manufacturer's warranty and the 5-year or 100,000-kilometer powertrain warranty. Terms may vary from manufacturer to manufacturer, but in general this is what you get.

When you come to sell your vehicle, an extended warranty will help sell it faster and increase your resale price.

Contact us today to find out more!

Contact Us

Other Articles That May Interest You

Three Expenses to Consider in Your Car Budget +

April 17 2018, S&H Leasing

Three Expenses to Consider in Your Car Budget

When we buy a car, we are often inclined to calculate a budget for the monthly payment, but we tend to forget that a car has a lot of other costs often called costs of ownership. These amounts include all the other expenses incurred when we own our vehicle and must be taken into account. The goal here is not to scare you, on the contrary. At S&H Leasing, we believe that to stand out requires... Read more
Three Advantages of Buying a Used Car +

April 17 2018, S&H Leasing

Three Advantages of Buying a Used Car

When you’re looking for your next vehicle, you can turn to used vehicles or opt for a new model. There are advantages and disadvantages to each option, but if you want to get more for your money, a used car is usually the best option. Here's why. A Used Vehicle Has Already Depreciated A new vehicle will lose a lot of value as soon as it leaves the dealership. It's called depreciation and it's... Read more