Are You Risking Your Car’s Resale Value?

When you buy a new car, you are basically buying a blank canvas. Each mile you put on the car is a memory, a trip you’ve taken. But is your car’s story going to make your car impossible to sell when it comes time for you to move on?

 

Some people are always thinking about their car’s resale value, others don’t give it a single thought until it comes time to sell their vehicle. Either way, the decisions you make now will effect what your car will sell for in the future.

 

  • Technology – The cutting edge technology that came with your car when you bought it may not help you when you go to sell. The fact is, most used car buyers are looking to save a few bucks so the latest in-car technology may not be something they are willing to pay extra for.
  • Paint Color – If you are the creative, out-of-the-box type then chances are when you went to buy a car, you wanted to pick a color that would stand out of the crowd. Perhaps green, electric blue, or a burnt orange color. But picking a color that is out of the ordinary might deter some potential buyers. The most popular car colors are silver, white, black and grey. Keep this in mind when you are purchasing or re-painting your car.
  • Aftermarket Accessories – Spending extra money on an expensive stereo or a adding a body kit to your car might make it better in your opinion but those pieces and parts might be worthless to another buyer. Also avoid adding anything to your car that will modify to the any safety features, this could cause your car to lose its ability to be quality pre-owned certified.
  • Exterior Condition – It is no surprise that the future owner of your car will not want to see the dents from the time you accidentally backed into the mailbox. Keeping your car in good condition is a great way to maintain your car’s value over the years. Before you show your car to a potential buyer make sure you wash it and take off any bumper sticker you may have. Make it look the best it can.
  • Interior Condition – Accidents happen. Everyone has spilled something in their car at least once no matter how careful they are. Buying seat covers and rubber floor mats is one way to protect against any unsightly stains and marks. Before you show your car you will want to get the interior detailed. A foul smell can instantly turnoff a potential buyer from purchasing your car.

 

There are many aspects of resale to keep in mind when you are buying and then suing a new car. The resale value many be more or less than you expected based on how you have treated your car over your ownership period. But there is one way to skip the stress of trying to resell your car. Try Swapalease.com. Swapalease.com allows drivers to switch up their rides by allowing customers to trade leases with other lessees mid-contract, they can get a new car whenever they want without the burden of buying. Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. For more information about Swapalease.com or how to exit your lease early, call 866-SWAPNOW or visit www.swapalease.com