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Factors That Affect the Resale Value of Your Vehicle

If you’re thinking about selling your car, the mileage alone cannot determine the total value of the car. Your vehicle’s resale value depends on factors, including external conditions. Scratches, dents, or rust can decrease your vehicle’s resale value. To protect that, adding a ppf for car is as important as taking care of it internally. If you’re planning to upgrade your car in the near future, you have to take care of it from today onwards.

Major factors like paintwork, dents, rust and corrosion, and issues with lights are enough to depreciate a car’s value in the market. In this blog, we will discuss such factors that impact your vehicle’s resale value and provide guidance on how to maintain it.

Tips to Enhance Your Car’s Resale Value

If you’re thinking about selling your car later, these actions can easily increase its resale value. We have discussed some points that can give you the best deals in the near future.

First Impression Always Matters

Before diving into a car’s features and specifications, many dealers as well as buyers notice the exterior part first. If they see a dent or any scratches on the sides, it is a major negative concern for them.  Visible scratches easily raise concerns about the vehicle’s past treatments. An exterior with the visible signs of proper maintenance is more attractive to buyers.

Appearance of The Paintwork

Paintwork is not only limited to the aesthetic part of the vehicle, but also to preventing the vehicle from rust and corrosion. Additionally, factors like pollution and UV rays fade the paint over time. As a result, your vehicle’s resale value depreciates up to 10-20%. Read more to know about the tips to maintain.

To maintain the value of your vehicle, consider adding a protective cover. If you don’t have any idea about it, visit your nearest showroom, or search “ppf coating for car near me” on Google. You’ll see varieties of results accordingly.

Dents or Scratches

Maybe for you, it’s just a small one. But for the upcoming buyers, it can be a huge one. Depending on the density or the scratch location, it can reduce the vehicle’s value.

The small scars can be fixed easily, and even doing that before selling can create an ROI when it comes to the resale price.

Formation of Rusts and Corrosion on the Surface

One of the main reasons for damaging a car’s exterior is none other than rust. It creates a long-term effect, as well as damaging the vehicle internally, and from the engine. As a result of that, a vehicle’s resale value can be depreciated up to 25 %.

Rust can be easily prevented by painting chips, and maintaining a clean exterior by adding a PPF for car. It is essential, especially in winter conditions, and can be proven beneficial for long-term value retention.

Windshield and lights

Foggy headlights, broken taillights, cracked windshields, or damaged mirrors can easily depreciate the value of the vehicle. Before reselling your car, consider replacing any broken or damaged parts, so that it remains attractive to potential buyers.

Conclusion

Taking care of your car’s exterior is not only essential to preserve its aesthetics. It plays a significant role while reselling. A clean, fixed, and damage-free car is attractive to both the buyers and the retailers. Investing in good exterior maintenance as well as taking care of the damage as soon as it happens. It can boost the vehicle’s market value. Visit Intakt PPF to know more about the paint protection films, and learn from our experts about the various tips to protect your vehicle’s exterior to retain more resale value.

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