How Can I Increase My Car’s Trade-In Value?
How Can I Increase My Vehicle's Trade-In Value?
If you plan on trading your vehicle in, there are a handful of important questions for you to consider. What depreciates the value of my car? How can I increase my car’s worth? The teams at our used car dealerships near Lima, OH, can answer these queries and more. Learn about vehicle depreciation and how you can get more for your trade-in, then stop by Guaranteed Auto in Defiance, Van Wert, Findlay and Celina!
What Depreciates the Value of My Car?
Depreciation describes how items such as vehicles lose value thought their lifetime. Think of it as the amount a car is “used up” based on age, mileage and other details. Certain makes and models are known to retain value for more miles and years than others, which is an important factor to consider when car shopping.
Of course, supply and demand greatly influence how quickly cars depreciate. Your vehicle’s worth will decrease every time a newer model year is released. This is especially true as updated iterations of popular models include more advanced technologies such as driver-assistive features and sophisticated infotainment systems. Additionally, the number of miles on the odometer affects vehicle depreciation over time. Keeping up with routine maintenance including oil changes, tire rotations and wheel alignments can help reduce depreciation. Plus, cars that haven’t been in accidents or required major auto repairs are worth more.
How Can I Increase My Car’s Worth?
Visit one of our Guaranteed Auto Ohio used car dealerships to value a trade-in near Lima, OH. To get the best trade-in offer possible, it’s important to make sure your car looks great inside and out. Remove bumper stickers, buff out surface scrapes and repair small dents and scratches. Then, wash and wax your car so it shines. You should also clean your car’s interior. Remove any clutter, vacuum the floors and seats, and ensure the interior doesn’t smell like pets or smoke. If your car looks and smells cleans, it will be more desirable to people who are shopping for used cars in Ohio.