Maximizing Vehicle Trade-In Value: Maintenance Matters
When you’re in the market for a new car, you might decide to do a trade-in at the dealership rather than sell your car directly to another party. Selling it yourself could net you more money, but it also means advertising, setting up meetings and test drives with potential buyers and possibly having deals fall through.
Trading in your vehicle to a dealership is quick, and the dealership will handle the paperwork if your vehicle still has a loan attached to it. But dealerships are businesses and need to be able to profit from the trade in. So how do you get the most for your vehicle trade-in while negotiating with a dealer? It all starts with proper vehicle maintenance.
By following these tips, you’ll be able to make your car more desirable of a trade for the dealership and maximize its value as a result!
Perform Routine Maintenance
Always take care of the mechanical condition of your automobile by performing routine maintenance. This includes changing your vehicle’s oil, replacing worn-out parts, and adding fluids to the correct levels.
Routine oil changes will eliminate contaminants that may harm your engine. You should follow your vehicle owner’s manual on when to do this. Additionally, you should only have this done by technicians that are certified to perform this service. Taking your car to an unskilled mechanic could result in major issues down the road.
Keep Records of All Maintenance
When it is time to trade-in your vehicle, be sure to bring in your maintenance records. These are proof that you have taken good care of your car. The result is that the dealer should note how you have cared for your vehicle and give you top dollar for your trade in.
Regular Washing and Waxing
Washing and waxing your car’s exterior are very important to keeping it in good condition. Harmful chemicals can build up on your car’s paint and can damage it. Washing your vehicle on a regular basis will clean these off and will keep your exterior in good shape for a longer period of time.
Similar to washing, waxing will also benefit your vehicle’s paint. Placing a coat of wax on your car’s exterior will help protect it from scratches and environmental elements like salt. It will also leave your paint shining and looking great for a long time.
Clean the Interior
The interior of your car should also be cleaned on a regular basis if you want to maximize its value. This means cleaning the carpet, vinyl, fabric, and glass on a regular basis to keep your car’s interior in good shape.
Neglecting this could leave your interior with stains and other damage that you cannot easily fix.
Don’t Eat or Smoke Inside
One of the easiest ways to keep the interior relatively clean is to not eat or smoke in your vehicle. Food can be very messy, which means that you may have crumbs or grease to clean up. Smoking can also leave your interior in poor condition, as the fumes will linger. This will also cause your car’s trade-in value to drop.