Many consumers consider resale value to be an important factor. No one wants to own a vehicle that depreciates, and the last thing we want is to lose $30,000 or $40,000, or 50% of its value in just a few years. Therefore, most consumers will want to get the best possible resale value.
Here are a few tips to help you do just that.
Ensure the proper maintenance of your vehicle
Well-maintained vehicles with a long record of service and repairs are easier to sell and have a higher resale value. You will get all the money you put into maintenance back and more if you maintain your vehicle well over the years, whether you intend to sell it yourself or trade it in. Jaguar Lakeridge uses the right tools and equipment to service your vehicle, so you should see it as an investment.
Protect your Jaguar vehicle’s interior and exterior
Protecting the paint and sensitive areas of the exterior of your vehicle is an investment as well. By adding a protective film to your vehicle’s paint, making sure that it is protected from UV rays and other damaging elements, and making sure that you quickly repair any dings and scratches or that you react at the first sign of rust will all have a beneficial impact on the resale value of your vehicle.
In the event that you have the option of adding an extended warranty to your vehicle even when new, and that the warranty is transferrable, we strongly recommend that you do so. Adding it at the beginning will allow you to amortize the cost in your monthly payment, and if you decide to keep the vehicle longer after the warranty period ends, you will be protected by the extended warranty. The fact that the vehicle is still covered by an extended warranty while other similar vehicles are no longer covered will definitely give you a higher resale value if the warranty is transferable.
If you are about to sell your vehicle, we would also recommend that you make sure that it is always clean, that you repair small dents and scratches, repair the windshield, if it is cracked, and in general just make sure that your vehicle looks its best. Give us a call today to learn more.