Thinking
about selling your old car? Take a look at this guide to see what impacts a
car’s resale value. Take a look! – By PartsAvatar.ca PartsOnline.
The reality of car’s
resale value is either like a surprise or a cold wake up call. Even though you
find two cars identical in the used car market due to their color and design,
but their prices vary drastically. Prices of the used car basically depend on
the age of the vehicle, driving conditions, mileage, and popularity in the
market etc.
Some cars might
have been under great care by the driver and have been properly serviced from
time to time. Some cars show the signs of harsh driving. These things impact
the value of car. Let us read about some of the important things that may
impact the resale value of your car.You can buy or upgrade car accessories and
body parts at Parts Avatar and can upgrade the resale value of your vehicle.
Mileage
Most cars can cover up
to 150000 miles before the major repairs are done. As the car ages, the auto
parts also age and with time show the signs of wear and tear.Engine and
transmission auto parts are most expensive parts as they are necessary for
overall performance of your car. On average, after 150000 miles, engine and
transmission auto parts start to wear out. Most of us want to buy a car that
has been less used and give good fuel performance and mileage.More the mileage
of a car is, less its resale value is.
Even if you want to
sell a branded car but driven over 300000 miles, it won’t attract attention of
much customers as mileage is that matters than brand. Few miles represent high
resale value.
So if you are planning
to put your car in the resale list for the future, then think smart and adjust
the mileage accordingly. Have a glance at the brands that Parts avatar offers for
Aftermarket car's Engine parts and Transmission
auto parts for better performance and mileage.
Performance
Parts and Aftermarket Accessories
You may think that
spending $3000 on aftermarket accessories can recover the money spent on your
car when you resale it. Most of the upgrades have no real bearing in the resale
value of the car. If you think you upgraded your car with sunroof, stereo
system, new leather seats to get high resale value then you are wrong.
This is likely due to
the fact that buyers are concerned with the premature wear and tear and high
upkeep costs. Most of the car market specialist advice to be careful of
anything that might void the warranty of the vehicle.
This does not mean that
you should not upgrade your vehicle with aftermarket performance car parts or accessories. You can upgrade your
vehicle for your own satisfaction rather keeping resale value in mind.
Brand
Some brands maintain
their value better than other automakers. Customers stick with the brand that
gives less luxury features but is reliable like Toyota trucks in the market.
This is the trust that the brand had made among its customers due to its
reliability and quality. Customers can sometimes ignore some issue like that of
luxury if they are expecting good performance from the brand.
Brands that have bad
past or are full of issues, have low resale value. For instance, automakers
like Hyundai have the history of producing low quality auto vehicles in the
past so the resale value of their cars is not that good.
In terms of reliability
and quality, Japanese auto giants like Toyota, Subaru, Mazda and Honda steal
the top positions while in terms of luxury Lexus, Mercedes and Audi are considered
the best.
You can also shop for Toyota auto
parts, Mazda parts and
accessories and
Honda auto accessories at partsavatar for affordable
costs.
DriveTrains
Manual transmission drive
trains are quite unpopular these days. New drivers are so accustomed to the
high tech features that they don’t even know how to use manual shift gears and
clutches. Due to this reason the resale value of the vehicles equipped with automatic transmission and drivetrains of cars is very high as
compared to manual transmission.
Same goes for the drivetrains of car.
If you think changing your rear or front wheel drive to all while drive car
would increase the resale value of your car then it might not really happen. It
is actually your choice of changing but mostly people prefer rearor front wheel drive over all wheel of car.
It is advised to stick
with your original specifications for better sale value.
Engines
and Mechanical Conditions
Motorists mostly buy a
vehicle with powerful and high performance engine. If the engine fails, the
investment is considered to be at loss on the side of the customer.An
intelligent customer cares more about the engine than luxury features while
buying a second hand car. The engine performance is the most important thing in
the vehicle as the fuel economy, functionality and reliability of a vehicle
depends upon the engine. If your car does not start or halts in between the
road while driving, then engine is the first thing under inspection.
For heavy duty vehicles
or trucks customers prefer high performance engines like V8 over V6 engines. If
you want to upgrade your vehicle’s engine you can by boosting it to V8 engine.
It is also advised to buy a car whose automakers have the history of powerful
and reliable engine performance. Brand does have effect.
If your car is under
good condition, note that good condition here does not refer to the scratches
on the exterior or paint but tires, automotive oil ,
battery, suspension system and exhaust system, then the customer would readily
buy your car because it will definitely benefit him by reducing the cost of
serving and increasing performance of the car. Cars with noisy and bad
suspension, smoky exhaust and rough riding have low resale value.
The best way to
increase the resale value is to never miss the servicing of your car and keep a
record of the work done on your car. By documenting the work done, you are
actually giving the proof that your vehicle is in good condition. If you want
to resale your car at good cost then maintenance and care is very important.
Upgrade your car’s auto parts with high quality aftermarket auto
exhaust system parts, auto suspension system parts, automotive engine parts and auto fuel emission system parts at lucrative cost available at
Partsavatar.
Climate
Though some may think
what climate has to do with the resale value of the car. Yes it has.Not every
car is meant for every climate. For instance, in warm regions, motorists prefer
convertibles as their choice. SUVs sell better and at higher prices at cold
regions. So wait for the right time and don’t sell your vehicle at wrong time
or odd place.
Other small issues like
paint, interior cleanliness also impact the resale value. But this guide is
enough for you if you want to buy a second hand or want to resale.
Want to upgrade and
boost the performance of your car then PartsAvatar is best option.You can shop for
aftermarket performance
parts and accessories at parts Avatar Canada.
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