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, and cold weather can cause disruptions to the engine.

So park your car in the garage or you can cover it with a good quality car cover.

2. Keep the Mileage Down: The more miles you put into your car, the faster your car depreciates. The average annual average for any car is 13,500 and if you drive significantly more than 13,500, then your car will worth less than the average market price.

3. Keep Up With Maintenance: If you want to keep most of the car’s value by the time you sell it then you should keep up the  maintenance of your car from day one. Without proper and regular maintenance of car, you could neglect the signs that your car needs repair until the problem is way worse and more expensive. And with proper and regular car maintenance, you can spot the issues early on before things get out of control.

4. Keep Your Car Neat And Clean: Always keep your car neat and clean. Pull out those removable floor mats. If they're cleanable , then clean them. When washing your car, car repair experts of Winnipeg, advise against using household detergents, like dish soap to clean your car.

Because the better your car appears to be kept up, the more it will be worth.

5. Before Selling, Replace Damaged Components: Before selling, replace damaged components of your car to increase it's value and price. Talk to your car mechanic to see which repair costs outweigh the trade-in price. Because some fixes won't be worth bothering, but some others can increase the value and money of your car. You can also visit at Auto Repair Winnipeg ( Winter's Collision Repair )shop in Winnipeg for best car repair services.

6. Fix All Dents & Dings: Your car is going to get dents, dings, and scratches. It’s unavoidable, but you can easily fix or hide them by paint and even polish those scuffs.