People have so many different reasons and sentiments on why they want to sell their vehicle. Some should need to get an upgrade; some need to get rid of a very old car in their garage, and some need extra money. But no matter the which reason for selling your vehicle is, one thing is sure: Unlike stocks, investments and real estate, your vehicle’s value is not the same as when you bought it. With that being said, if your goal is to get highest cash amount for cars that are unwanted, used, old, junk, scrap or even wrecked, you have to know and understand by heart all the factors that affect your vehicle’s resale value. By recognizing those, you will be well prepared to sell your vehicle in its right-ful and just cost.
As one of the trusted auto wreckers and scrap car buyers in Brisbane, Qld Car Wreckers, is here to advice you have an understanding of all the things that affect your car’s current cost.
1. Car Manufacturer/Brand
Many car specialists would say that it is very imperative to consider the brand at whatever point you are picking what car to purchase. Why? In all honesty, the car brand and manufacturer highly influences the vehicle’s resale value. There are sure brands that lose as much as half of their cost just after 1 year. You can research whether your vehicle belongs to the top vehicle brands that are known to hold higher resale esteems. And obviously, luxury vehicles brands are costly and expensive to buy because you can still sell them at a higher cost even after various years.
2. Market Demand
There are so many things that impact the demand for a particular type of vehicle. It can depend on the location, time, weather car popularity, and so on. For example, if you live in an area where it’s a mostly sunny day, then convertibles are probably more in demand. Thus, if you live somewhere where it generally rains and snows, 4×4 and vans vehicles are more popular. You have to understand what the vehicle buyers currently want and need.
What’s more, you can also research the present rate of used or unwanted vehicle sales in your area. If the used vehicle sale market appears to be low, you should need to wait about three to six months more before selling your vehicle.
3. Year of Production
Usually, for each make and model, a vehicle that has been produced in a prior year will most definitely the high price. For example, you and your mate have the same kind of vehicle. Yours is a 2008 model and has a 20010 model. His vehicle would sell at a higher cost. His vehicle would have many features that your vehicle doesn’t. Moreover, if you have luckily bought a rare model or limited edition type of vehicle, then selling it a higher cost would not be a problem. It might as well be your unique selling proposition or USP.
When purchasers compare two vehicles of the same make, model or year and features, they will most definitely look at every vehicle’s odometer. Lower mileage means most higher resale value of your car. The vehicle’s current mileage can not be ignored because you are also looking at how much more to maintenance or repair you had have to do in the future. It will reflect the amount you have unwanted or used (or overused) your vehicle. If your vehicle has extremely high mileage, purchasers would expect that the car won’t most likely last any longer and that they may presumably deal with more head pain after buying it.
Read More: FACTORS AFFECTING THE PRICE OF WRECKED CARS
5. Exterior & Interior Conditions
These show how well you have taken care of your vehicle. This one should be an easy decision. All the outsides and inside of your vehicle should still be attractive or good looking if you need it to sell faster and at a higher cost. It is perfect to have your vehicle detailed, waxed and washed before you put it up for resale. If your vehicle has some minor scratches and dents, you may want to get those fixed. No purchaser would want to get a vehicle with wounds. Make your vehicle purchaser feel as if he/she is purchasing a new vehicle, even if it isn’t.
6. Mechanical State
When selling a used car, quite possibly you’d come across a vehicle expert at least once. You would not want a purchaser to be so pulled in after observing your car and then sudden gets disappointed after doing a test-drive. So to save yourself from conceivable embarrassment, guaranteeing the great mechanical condition of your car is a must. You should keep a decent record of your vehicle’s periodic maintenance as proof of its good running and working condition. Every good thing you say about your vehicle’s body, engine or performance, should be sponsored up by evidence.
7. Special Features & Upgrades
If you have purchased your car in its most basic variation and you have chosen to sell it as is, then do not expect to sell at a higher price. But if you have invested add-ons special features like safety equipment, body-kits, gorgeous rims stop-notch or sound systems, then you have gained yourself additional rights to sell your vehicle a somewhat higher. Just steer clear from those unique accessories that alter your vehicle’s performance, durability and safety.
If you are that sure about your car’s brand, popularity, year model, inside and outside conditions, mileage, and all these, at that point selling it with a good price tag should not be a problem. But if you want an easy, hassle-free and fast way to get instant cash for vehicle on the spot, go for our services. We are very happy to accept all brands, kind and makes or model of vehicle in the best and worst conditions.