Whilst depreciation affects all cars to some extent, keeping your motor in good condition and staying on top of repairs and maintenance can go a long way when it comes to preserving its value.
If you’re planning to sell your current car and want to get the best possible price for it, there are numerous ways to make it more attractive to prospective buyers. You may be surprised by how much difference a few well-placed improvements can make!
In this guide, we’ll share six expert tips for increasing your car’s resale value. Read on to find out how you could raise more cash towards your next car.
Invest in mechanical repairs
Potential buyers will be looking for reassurance that the car they’re viewing is reliable and fit for purpose. Before committing, they want to feel confident that they won’t be shelling out for major repairs anytime soon.
Therefore, if your car has a few minor mechanical issues, getting these fixed before putting it on the market could make a huge difference. Ask a mechanic to inspect your car – and provide you with a quote for any repairs.
Critical components such as the engine, brakes, and transmission are the highest priorities. Ideally, even smaller issues, such as electronic faults should be addressed before listing your car for sale.
However, it’s also important to ensure the repairs are financially viable. Before you invest in any major repairs, you should always get a free car valuation.
If the repairs are inexpensive, you can proceed with confidence. However, if the garage bill would run to more than your car’s value, it’s time to cut your losses and sell your car in its current condition.
Get a fresh MOT and service your car
A current MOT certificate is one of the most reassuring documents you can offer to potential buyers. If your car’s MOT is due within the next six months, it’s a good idea to have your car re-tested before putting it on the market.
An up-to-date MOT certificate shows buyers that the car is roadworthy and has passed important safety and emissions tests, meaning it’s less likely to need expensive repairs anytime soon.
Having your car serviced just before selling can enhance its appeal. Sparing the buyer the expense of a service just after buying it can make the deal seem that much more attractive.
A complete service history is also a strong selling point, as this shows buyers that the vehicle has been properly cared for throughout its life.
Address worn or scratched paintwork
Scratches, dents, and faded paintwork can significantly reduce the perceived value of your car. Investing in a respray for large damaged areas, or using touch-up paint for smaller scratches can help to create a more positive first impression.
Addressing any rust spots, repairing dents, and polishing the bodywork can also go a long way in improving your car’s overall look. A clean, well-maintained exterior shows that the car has been cared for and can increase its appeal to buyers.
Ensure all documents are present
Having all the necessary documentation available is key to a successful car sale. The V5C logbook is the most important document of all. Without it, your car’s value will be significantly reduced – and buyers may suspect the car has been stolen.
It’s also helpful to have a full service history, receipts for any repair and maintenance work, and documentation for any upgrades or modifications.
Providing a clear and comprehensive paper trail will show buyers that the car has been properly maintained and helps to build trust. Having this paperwork ready from the get-go can make the difference between a quick sale and long, drawn-out price negotiations.
Invest in detailing services
Investing in a deep clean and professional detailing can do wonders for your car’s resale value. Detailing services often include a thorough clean of the interior and exterior, waxing, polishing – and sometimes even minor repairs to the trim and upholstery.
Interior detailing, such as cleaning the seats, dashboard, carpets, and door panels is essential. A fresh, clean interior with no stains, clutter, or smells can be a huge selling point, especially for family vehicles.
There’s a reason why car dealerships give used cars this treatment before selling: detailing helps to make cars look and feel like new.
Replace worn accessories
When it comes to selling your car, the small details count for more than you may think.
Seemingly minor defects such as worn-out floor mats, faded badges, or a peeling steering wheel cover can detract from the overall impression of your car – even if it’s mechanically sound. Replacing these accessories is a cost-effective way to give your car a quick facelift.
Buyers often notice these things, and replacing worn accessories can instantly make the car feel fresher and better cared for, whilst boosting its resale value.
Thanks for reading – and happy selling!
We hope you found our article helpful and now have plenty of ideas for rejuvenating your car. Following our expert tips should put you in a strong position to get the best possible price when it’s time to sell.