How to Improve the Resale Value of Our Vehicle?
April 17 2018, S&H Leasing
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!