As soon as a vehicle is purchased and drives off the dealer's lot, it drops in value. That is just part of the nature of vehicles. Very few vehicles end up more valuable than the original purchase price, and it typically takes decades for this to happen. For anyone who is looking to sell their vehicle and wants to do everything in their power to increase the car's value before selling, there are ways to boost the overall value of the vehicle. Small issues when selling a used car can drastically bring down the potential asking price, which is why anyone looking to sell their vehicle should use these five tricks.1. Vehicle Tune-up
Taking the vehicle in for a tune-up is a must. Buyers at a used car lot can spot common problems and knock all sorts of cash off of the price, while private buyers will want to have it inspected and likely not even buy the vehicle if there are substantial problems. A vehicle tune-up costs money up front, but it makes it much more valuable when selling (like selling a house, sometimes an owner needs to spend a little bit of money to receive a much better return).
2. New Tires
New tires can be an instant selling point, especially when selling a vehicle in colder climates where snow and ice are a problem. It is possible to keep an eye out for sales on new tires which instantly increase the value of the vehicle.
Detailing the vehicle brings out the inner shine and gives it the roof to fender cleaning, inside and out. It increases its marketability and really catches the eyes of interested buyers. it is amazing how a little bit of cleaning can go a long way in boosting the asking price.
4. Print Out the Car Fax
Printing out the Car Fax can help when selling a vehicle privately. The main holdup private buyers have is not knowing the history of the vehicle. By having it readily available, car buyers now what to expect and are willing to part with more money when they know the vehicle has an excellent history.
5. Avoid the Extreme Add-Ons
Add-Ons can actually reduce the value of a vehicle as it alienates buyers away from the vehicle. Oversized rear fins, bright undercarriage LED lighting and other add-ons drop the value when selling the vehicle.