Top 3 Reasons Why Your Car’s Resale Value Goes Down

Buying a new vehicle becomes much easier when you bring a high-value trade-in vehicle to the negotiating table. And the trivial things you do daily to maintain your car contribute significantly to its value. You can start saving hundreds or even thousands of dollars right now by changing your personal and driving habits. In this blog by Lexus of Tucson Automall in Tucson, AZ, you learn about things to avoid if you do not want your car’s resale value goes down. 

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Your car is only worth what someone will pay for it.  

When it comes time to sell your current vehicle, you hope to get a good amount for your new vehicle. But have you ever looked at an online classified site? There are tens of thousands of cars for sale at any given time. And a few unexpected flaws may cause buyers to cross yours off their list—or deduct a few zeros from its potential price tag. Whether you are trying to sell your car yourself or trade it in to a dealer, it pays to make it stand out in a good way by addressing the issues listed below. And, before you buy your next car, look at this handy list of which vehicles you should consider.  

Neglecting Regular Service  

Requesting a service history report for any vehicle they are considering is one of the first things used-car buyers are advised to do. Cars that have been well-maintained are far more reliable and have much longer lifespans, making them more desirable to buyers looking for the best deal.

Your vehicle manufacturer specifies a recommended maintenance schedule, with recommended servicing at a specific mile or time intervals.   

Holding Your Car Too Long  

The age of a car is also essential. If your vehicle is not on wheels frequently, you can’t expect a 7-year-old car with 34,000 miles to sell for the same price as a 3-year-old car with 34,000 miles.  

Remember, cars not only deteriorate with age, even when driven lightly, but they can also fail without “exercise.” Please don’t make the mistake of assuming that your car has low mileage and a high trade-in value. 

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However, feel free to head down to our dealership at Lexus of Tucson Automall in Tucson, AZ, and our team of experts will assist you gladly. You can also schedule a test drive at our official website. 

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