Unfortunately, cars are the only assets whose value decrease over the years. The moment you take your car of the lot, its value begins to drop. And while most people think that fuelling a car is the hardest part of owning a car, depreciation is. Although the rate of depreciation varies between makes and models, the average depreciation rates of vehicles sit at 15% annually.
Sadly, you cannot avoid it. It is a fact that all car owners need to live with. However, there are things you can do to increase your car valuation Melbourne so that when the time for selling comes, you sell your car at a higher price. Find out how you can improve your car’s value by reading this guide. Continue reading “How to Improve Your Car’s Value?”
If you are looking to buy or sell used cars, the most essential thing you must do is to determine its worth. Knowing the vehicle’s right value will help to accelerate the selling process. Let us run through the factors that will affect your vehicle’s value.
Due to the changing nature of the automobile industry, the popularity of car brands goes up and down. Yet, there are few brands like Benz, Audi, BMW, Ford and much more which will never fail to excite the car enthusiast. These brands will have more resale value.
There is a misconception that old cars will be valued less in the market. But the truth is that even old cars with proper maintenance will get more reception among vintage car collectors. If you have a well maintained classic car, then you could get the best value for it. Continue reading “Factors That Determine The Value Of The Used Vehicle”
When you are selling your car, you need to make a good first impression with potential car buyers so that you can get the best price. Luckily there are some simple steps you can take to ensure that your car looks it’s best when it goes up for sale.
Give the Car A Deep Clean
The inside and outside of the car will need to be thoroughly cleaned before potential buyers become to view it. This may seem like a very time-consuming job, but it can really add value to your car while evaluating the car valuation and it will be the last time you have to do it.
Check the Essentials Are Taken Care Of
There may be day to day maintenance of the car that has been overlooked such as checking that there is enough air in the tyres and that all the bulbs are working. Everything like this should be checked before the car goes up for sale and any action taken if needed. Continue reading “5 Quick Ways to Groom your Car Prior to Selling”
So, the time has come for you to sell your used car and buy a new one. You may be wondering; how do I sell my car and earn more money from the sale. Is it achievable? Yes, you can sell your car and earn more.
Remember, you have a long history with the car and choosing the easiest way to sell means less money for you.
Want to get the best deal and more money after selling your used car?
The following are ways to get more cash for used cars. Continue reading “How to Get the Best Deal When You Sell Your Car?”
Your car depreciates all the time and you could have little knowledge of how much it is worth. It is reported that cars in Australia depreciate at 14% each year, in the first three years. A car that initially cost $30,000 will worth $20,000 in a few years.
The most common way to determine the value of your car is to use the online estimator. It will provide an estimation of the value of the car, based on the model, year of manufacture, and the make. The estimate does not consider where you are selling your car, as it might sell at a different price according to the local demand. The estimator does not give an account for the mileage but provides a quote based on the kilometres that car could have travelled. Additionally, it provides the value of the extras in your vehicle such as leather seats and GPS. Continue reading “How Much is my Car Worth?”