Uploaded by laurenfix on Dec 4, 2011
Lauren Fix on the Daily Buzz shows you a few free tips to improve the value of your used car and keep the value higher than you expect.
5 Tips to improve your use cars value
By Lauren Fix, The Car Coach®
If you only plan to keep your car a few years, then it's in your best interest to keep its resale value as high as possible -- after all, that's more money to put down on your next new car. These five tips will put your car well ahead of the pack and help to maximize its resale value.
1.] Inspect your fluids and change your oil.
Checking the oil is an easy step any potential buyer can take. If they do a quick inspection of the dipstick and the oil comes back low or discolored, they'll instantly drop their asking price. Topping off the fluids and changing your oil cost very little, but it says a lot about how you've cared for your car.
Follow the maintenance schedule - You'll find the maintenance schedule in the back of the owner's manual
Test the fluids and save money- buy a fluid test folder at local parts stores
This answers the questions: "What is the condition of my vehicle's fluids and do they need to be serviced?"
2.] How to make your car look better for less
Keep it clean. The better your car appears to be kept up, the more it will be worth, and most people associate cleanliness with care. Washing and waxing your car on a regular basis is a much easier way to keep it looking good than paying for an expensive detail job when the time comes to sell. I'll show you a buffing wheel that will do it all in a sort time and save you money too. Clean the junk from the trunk and the interior.
3.] Seeing clearly-
Glass may not seem like much to may drivers but 80% of your driving is based on visibility. A crack can be repair or a windshield replaced, but did you know that it can be done wrong and the windshield is a part of the air bag system. Replacing or repairing glass is much more critical to your safety and the value of your car. I'll show you what to look for so you can protect yourself and your investment.
4.] Resist the urge to customize. Spending money on your car can actually decrease its value. If you do have your car customized, stick to non-intrusive upgrades such as new wheels or an upgraded stereo that won't require extensive re-wiring or cutting up the dashboard. Save the old parts so you have the option of returning your car to its original condition before selling.
5.] Keep all receipts
Buyers will be willing to pay extra for a car with a fully documented service history. Keep receipts for all maintenance and repair work, no matter how minor. That battery warranty will show that you care about your car.
Did you know that the value of your car goes down by 65% in just 5 years of normal driving? Learning to properly maintain your vehicle from day one is the surest way to maintain a top resale value, but if your decision is spur of the moment, these tips are for you, too. Before hastily slapping a "for sale" sign on your back window or placing an ad in the local newspaper when deciding to sell, you can take advantage of these easy and fairly inexpensive tips beforehand to cash in your car for hundreds more than its blue book value, which, by the way, is nothing more than a baseline estimate. Actual vehicle values vary depending on your location, the demand for the particular make and model of the vehicle, the vehicle's mileage, overall exterior and interior condition, parts replaced, and even simple things like odors inside of a vehicle.
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