Most car owners do not consider the resale value of their vehicles until they decide to sell their cars for one personal reason or another. A car owner who wants to get a good offer for his or her used vehicle needs to be committed to maintaining the car for it to have a high resale value in the second market.
It is very important that car owners continue to maintain their cars on a regular basis and not wait until he or she is ready to sell the car.
Regular car maintenance adds up the resale value over time. To do so, here are things you should do to improve the resale value of your car:
Regular maintenance
A car owner must invest in regular maintenance of the vehicle to reduce the rate of wear and tear on the vehicle and enable the car to maintain a good quality in the second-hand market.
Maintain quality car tires
Having properly inflated tires will improve your fuel mileage by as much as 3 percent in most cases. Therefore, it is important always to balance and align your tires frequently to avoid unnecessary wear on your car.
Maintain the brakes
Always replace your car brake pads every 25,000 miles because it not only helps to ensure safe driving but will also help to improve the car’s resale value in the future. Invest in semi-metallic or ceramic pads that last longer and perform better.
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Perform minor repairs
You can do so many repairs in your car by yourself to help improve the value of your car over time. They include changing the battery yourself, changing your engine oil, checking your spark plugs every 30,000 miles, and changing your transmission oil, coolant, brake fluid, and power steering fluid.
Maintain the windscreen
Driving with a cracked windscreen is dangerous to yourself and your passengers. If you intend on selling your car with a windshield chip or crack, you could be losing value on your car. Always fix car windscreen cracks as they keep the car looking decent.
Buy cars with high market value
Buying a car that best retains value is one of the easiest ways to keep your car’s value high. Examples of cars with high resale value especially in the Nigerian market include Toyota, Lexus, and Honda cars. They are some of the best brands with great resale value in Nigeria.
