Wednesday 12 February 2025 Protect your Paint, Protect your Resale Value.
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Cars are the one asset of modern times that see the largest financial depreciation. On the very day that you drive away your new vehicle worth tens of thousands from the showroom your new car will see an immediate reduction in value of around 10%. This makes it very difficult to get a reasonable return if you suddenly need to liquidate your new car.
29th June 2018
Protect your paint, protect your resale value.
Cars are the one asset of modern times that see the largest financial depreciation. On the very day that you drive away your new vehicle worth tens of thousands from the showroom your new car will see an immediate reduction in value of around 10%. This makes it very difficult to get a reasonable return if you suddenly need to liquidate your new car. Within 5 years, the prices of some of the most valuable cars in the world will have fallen by as much as 50% from their original purchase price. By their very nature, cars will see a decrease in condition due to usage and wear and tear. The additional financial loss will only exacerbate the situation just by using your car regularly! Consequently nearly new and used cars are the most viable option for most people nowadays allowing you to take advantage of the substantially reduced prices due to depreciation.
In an effort to maintain the value of your car, whether you buy a new or used car there are several options available that will allow you to perk up the appearance of your car and help you to achieve a better price when the time comes to sell.
Upholstery Deep Clean
Completely changing the upholstery in your car, cleaning fabrics and carpets or replacing fitted car mats are all relatively easy and quick to do yourself. There are also many professional options available including deep cleaning of your interior giving an excellent first impression of the car. Indeed studies show that the interior of the car can have a larger impact on sales as your prospective buyer will be spending most of their time in the car. The first impression will also reassure a buyer about how well the car has been cared for and allay fears about mechanical condition and possible large repair bills just around the corner.
Replace Old Carpets
Interior carpet replacement is an increasing market and can make a real difference to the perception and feel of your car interior. If you are confident you can tackle this yourself, however for a flawless, professional finish there are now many companies that will supply and fit interior carpets perfectly. Whilst a more expensive option , this will have a guaranteed positive impact on the resale value of your car.
In Car Entertainment
In-Car entertainment and technology is an ever changing industry that has some of the broadest pricing options in the automotive industry. If your car stereo still needs an old audio cassette and the radio it stuck on a single station, you may want to consider replacing your entertainment system to a functional, cost effective system that will serve the new buyer well.
Paint Protection
When you buy a new car or used car from a dealership you will likely be offered some form of paint protection. These are vinyl wrap clear films that are applied all over the paint surface of the car improving the durability of the paint and maintaining the high-quality finish. There are several aftermarket options available at much lower prices locally giving you the option to apply a protective cover at your convenience that will be really attractive to new buyers.
Car Covers
Car covers give some of the best all round protection for protecting your investment and resale price of your car. Excessive heat and sun exposure can be reduced, giving your exterior and interior a longer life and improved overall appearance. Covering your car regularly limits the amount of “Organic Waste” deposited from above, reduces the chances of bumps and scrapes as well as countless other elements of nature that make our lives difficult. It is a known and documented fact that looking after your car, maintaining it regularly and taking action to protect your investment can have a positive effect on the resale value of your car interior and exterior. Simple things can make a real difference. There are a huge variety of products and services that you can employ to ensure you protect your car interior and exterior therefore giving you some real control over the resale value of your car.
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