Learn how to increase your used car value, even if your vehicle is in its worst shape. Depreciation is a reality, and a vehicle is worth less as soon as it’s titled. The first thing you can do is park away from other vehicles to avoid getting it scratched.
Keeping the auto body in good condition is important when it’s time to resell it. If you have a garage, then the paint will last longer, especially during sunny or cold days. Wax the used car to bring out the paint and to keep it dry of water.
Keep up with all maintenance to prevent engine or transmission damage. A smooth, quiet, running vehicle is worth more than one with a motor making knocking noises. Keep every receipt that explains the work you’ve done and keep it in the glove box.
Detail the engine to increase the resale value. Apply a can of de-greaser to cut grease, allow it to soak for about 3 to 5 minutes and spray it with a power washer. However, be very careful near used electrical parts and wiring, and only do this when the motor and hoses have cooled down.
Spray a rubber or vinyl conditioner, like Armor All, on all rubber and vinyl parts in the engine compartment. Wipe it off with a rag. It keeps hoses from becoming brittle and adds shine.
When you go to sell your used car, remain confident with the buyer. Unless you need the money in a hurry, don’t settle for less, and this is why you should increase the price just a bit to allow room for negotiation. As long as you know that you’ve done everything to increase the value, then it should be notably important to the person who wants to buy it.