Sure Ways to Get Increased Car Value (and Why it Matters)

It’s satisfying to get top dollar for your car, but it’s hard to do in a competitive economy and it takes calculated planning. While each and every car has unique opportunity for upgrade, there are some near-universal ways to dramatically increase sale price.

It’s satisfying to get top dollar for your car, but it’s hard to do in a competitive economy and it takes calculated planning. While each and every car has unique opportunity for upgrade, there are some near-universal ways to dramatically increase sale price. They’re listed below for your benefit. While every situation surely unique, the principle of these ideas should hold true and help you get that desired value back when you part ways with your vehicle.

1.    Promote originality

The first thing a potential automobile buyer will do is look up the Kelley Blue Book or base value of their targeted model. Your goal should be to have a car that can’t be valued based on stock specifications. You want a car that is exclusive to every other of its type, regardless of how you accomplish it.

If you’re selling a 2011 Subaru Outback, you want more than the $15,000 it’s being asked for on the market because you added window tint and a brand new sound system. These things matter to buyers, and you deserve to get compensated for the work you’ve done.

The key: The take home here is that in addition to adding original features to your car, you need to make it known to the buyer that the asking price encompasses the improvements you’ve made. The car is worth more because of the additions and the person buying your car will have a unique model to all others. You’d be surprised how far this type of mindset can go on a sale. Pinpoint anything you’ve done to the vehicle, and flip it to a positive for the buyer. From there, you’ll get extra value.

2.    Clean it like your kitchen

While this is known, it isn’t often executed to the level it needs to be. You need your car to be so clean that people feel uncomfortable in it. This is a perfect example of how you increase sale value. To raise your asking price above what the evaluators say you should be asking, you have to surprise people. Getting a potential buyer to think that your car is cleaner than their last three rentals is a good place to start.

The key: No one wants to buy a dirty car, and no one will ever pay a higher-than-reviewed asking price if a vehicle isn’t clean as a whistle. Take your time and make the effort. It’ll be worth it because you’ll recoup extra cash when they drive away.

 

3.    Maintain the machine

Not only do you need to maintain your machine if you want top dollar, but you need to prove it to your buyer. It’s a good idea to keep record of all your oil changes, tire rotations and other maintenance. Additionally, it doesn’t hurt to verbally highlight any and all preventative measures you took throughout your ownership of the vehicle. If you carried out expensive work on the brakes, simply to make them last longer, share that information.

Part of maintaining your machine is showing a potential buyer that you’re the owner they want to trust on their investment. It will make people more comfortable with your increased sale value if you show a paper trail of quality ownership. They’ll trust you, and the car.

The key: Any time someone is purchasing anything used, they want to believe that the owner took care of the possession. You can do this by putting a concerted effort toward the maintenance of your car.

           

4.    Put some new shoes on it

Everyone likes a new pair of shoes, and every car buyer loves new tires. Make the investment and your buyer will be willing to compensate you in return on the sale date. When someone is looking at paying above market value for a car, they want to see legitimate icing on the cake. A brand new set of performance tires can do the trick.

The key: Buying a car with new tires is like buying a house with a new paint job. It just matters. If you’re expecting a glittering price, make the tires a legitimate part of the deal.

Automotive sales are a tricky subject, especially when you’re asking for higher-than-market price. Promoting originality, cleaning adequately, maintaining the machine and putting new tires on the vehicle will push you over the top and convince a buyer you’re worth it.

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