Maximize Car's Resale Value - Tips by Winnipeg's Best Mechanic
Cars are the only one that decreases in value the time/moment you take it off the most. And most people believe that fueling car is the biggest expense to owning a car, but No! it's not true. The truth is, it is depreciation. Depreciation - It is a scary word used to tell that your car losing its value over time because of wear and tear. The rate of depreciation for each make and model is different. But a car typically loses at least 25% of its value on the first three years of ownership and then drops to 45% of depreciation after the car hits its 3 year mark. And you can’t avoid it. But you can follow some easy tips to keep your car's value up. There are many things you can do to increase your car’s value up over time. some are here: 1. Park Your Car in a Sheltered Place: When you park your car out, it is exposed to the elements. Extreme weather conditions can wear out the paint of your car, making the vehicle color look faded. Hot summers can fade out the color of your car,