If you're like many people in the United States, your vehicle is the most valuable property that you own. For that reason, it's essential that you take care of it and take actions that maintain its value.
When it comes to keeping up your car's value, there are many ways to achieve your goal. Here are 8 things you can do to maintain the value of your vehicle.
1. Don't expose your vehicle's interior to cigarette smoke.
Cigarette smoke will cause you vehicle to have a stale, smoky odor. If you smoke in a vehicle, the residue from the cigarettes gets lodged in the carpet fibers and upholstery.
Smoking in a vehicle can depreciate its value by as much as $1,000. The reality is many car buyers are turned off by smoky cars. For that reason, you will be able to command much less money for your vehicle if you smoke in it.
Besides smoke, there are other ways that cigarettes can damage your vehicle's resale value. Smoking in your vehicle can contribute to upholstery stains and burns.
2. Schedule regular oil changes for your vehicle.
Oil is the most important substance in your vehicle. Not only does it lubricate your engine, it helps your car run smoothly.
If you don't change your oil regularly, you can damage its transmission. This could result in an expensive engine repair service. Cars with rebuilt transmissions will have decreased values.
3. Store your automobile in a garage.
Wind, snow and rain can wreak havoc on your vehicle over time. The salt from snow can chip away at your paint and make it dull. The sun can damage your vehicle's exterior.
If you have a garage, you should store your vehicle in it. Not only will your car be protected from the weather conditions, it will be protected from falling trees and branches.
4. Clean out your vehicle regularly.
In addition to being unsightly, a dirty vehicle interior can cause odors and stains in your vehicle. There are simple ways for you to keep the interior of your vehicle in top condition.
- Remove food wrappers, coffee cups and trash from your vehicle each day.
- Have your vehicle's interior cleaned at least once a month.
- Refrain from eating in your vehicle.
- Clean up a spill as soon as you can.
5. Repair your vehicle as soon as you notice a problem.
Repair costs can put a dent in your monthly budget. However, this doesn't mean that you should ignore signs that your vehicle needs to be repaired.
When you notice that your vehicle isn't performing well, you should immediately schedule a diagnostic service at a repair shop. A mechanic can determine the severity of the problem. Taking this action will let you know the next steps that you need to take to fix the problem.
6. Use a protectant to preserve vinyl and rubber surfaces.
Have you ever noticed the discoloration on dashboards in older vehicles? It happens quite often. After a few years of exposure to sunlight, vinyl and rubber surfaces can lose their color.
One way to preserve your vinyl surfaces is to use a protectant on them. This substance can prevent these surfaces from discoloration and cracking.
7. Operate your vehicle carefully.
Speeding, irregular acceleration and slamming on your brakes can be destructive to your vehicle's value. Whether you own a luxury sports car or an SUV, your vehicle wasn't designed to be operated in a rough manner.
If you don't use caution as you are operating your vehicle, you'll find that your car won't perform well. A low-performing vehicle can contribute to thousands of dollars in repair bills and a low valuation.
8. Maintain reasonable mileage on your vehicle.
It's no secret that a vehicle's mileage has a major effect on its value. For many car buyers, excessive mileage indicates that a vehicle might require a great deal of repair work. When it's time to sell your car, it will be challenging for you to find buyers who are willing to take a chance on a vehicle with a lot of miles.
By following these tips, you are sure to maintain the value of your vehicle.