10 Effective Tips On How To Retain Your Car’s Value

November 21st, 2022 by

New 2023 grey INFINITI QX50 with blacked out rims parked in front of a mountain view in the pacific northwest.

Research is vital, whether it’s about buying a car with high resale value or the best time of year to sell your vehicle. When planning to sell your vehicle, the first question that comes to mind is, “How much does my car worth?” After all, who wouldn’t want to get the most money back from their investment? But what does it take to keep your car’s value high? Several factors influence your car’s resale value. Beaverton INFINITI is here to share ten tips on how you can do just that.

1. Do Your Research

By research, we mean looking for vehicles that sell with a higher value than others. Sometimes, a car’s depreciation rate could be so low that it becomes an investment. Now that you are doing your research, you should look for vehicles with the least depreciation and high consumer demand. This will give you an idea as to what models are selling the most and what features in a car buyers are looking for. INFINITIs tend to keep their value over the years, so buying an INFINITI from our reliable dealership may be one of your best options.

2. Consider The Car’s Condition

No matter how much money you’ve put into your car over the years, its value will always suffer if it isn’t well-maintained. This means regular oil changes, keeping the interior clean, and fixing any minor imperfections. You could have the newest model from the lot, but its value will significantly drop if it’s covered in dents, scratches, and a cracked windshield. On the other hand, if you have an older car in excellent condition, you can be sure it will still hold its value.

3. Keep All Service Records

When selling your car, you’re going to want to be able to prove that it has been regularly serviced and well-maintained over the years. The best way to do this is by keeping all of your service records in a safe place. Why is this important? Your potential buyer needs that satisfaction and peace of mind that the car has been looked after and is in good working condition. Without service records, buyers are more likely to be disbelieving of what you say – even if you’re telling the truth!

4. Be Mindful When Modifying Your Car

While you might think adding a custom paint job or aftermarket rims will increase your car’s value, it may have the opposite effect. Most car buyers are looking for a vehicle in its original condition and additional customization may make the car less desirable. Your car could sell at a higher value if you just leave it as you bought it!

5. Get Regular Oil Changes

Regular oil changes are vital to keeping your car’s value high because they help keep the engine clean and in smooth running condition. A well-functioning engine is a desirable feature that will attract buyers. Our INFINITI dealership offers oil changes and service specials, so take advantage of them! Getting your oil changed regularly will not only help retain your car’s value, but it can prolong your car’s life.

6. Consider a Transferable Warranty

A transferrable warranty is a type of warranty that can be transferred to the new owner if you sell your car. This perk is especially attractive to buyers, as it shows that you took good care of your vehicle. If you have a transferrable warranty, you should mention this when you sell your car. The buyer will only be responsible for the deductible.

7. Clean Your Car Regularly

A car with a clean interior and exterior will always sell for more money than one that doesn’t look as great. It may seem like a lot of work to keep your car spotless but it pays off. Vacuum the carpets, clean the windows and dash, and make sure to get rid of any dust or dirt that may have settled over time. You can also use wax to keep your car’s paint looking shiny and new.

8. Consider Your Selling Time

When it comes to selling your car, timing is everything. You want to make sure you’re selling it during the peak season when buyers are out looking for cars. Winter and fall tend to be the slowest months, so consider waiting until spring or summer if you can. Additionally, you should try not to wait too long after buying a new car to sell your old one, as cars tend to depreciate over time.

9. Keep Track of Your Mileage

It’s not a bad thing to have a long daily commute, but consider that resell value is affected by the number of miles on your car. Consider public transportation or carpooling when possible to avoid putting too many miles on your car. For road trips or longer drives, a rental car could be a good option.

10. Your Tax Write-Offs Matter

If you’re utilizing your car for business purposes, then you’re in luck. The higher the business use percentage, the greater the tax write-offs you can take. Just keep a log of your business mileage and all parking and toll receipts to document your business trips. These expenses can help lower your taxable income, leading to a higher resale value for your car.

INFINITI Dealership in Portland, Oregon

Are you struggling to sell your car? At Beaverton INFINITI, serving Portland, Oregon, we give our clients nothing but the best experience. We provide upfront, competitive offers based on your car’s make, model, year, and condition. You can count on us to give you the most money for your car without all the hassle. So if you’re interested in getting top dollar for your vehicle, contact us today!

Posted in INFINITI