When you buy a new car, what are the factors you consider? Our guess is you note the following: Cost Mileage Engine Performance Durability Space Looks But do you consider another factor that is equally important, and that will impact the value of your used car when you want to sell it? That is the depreciation of your car. Depreciation and several other factors determine the market value of a car that is put up in the used vehicle market for sale. Factors Impacting Resale Value of a Car Let us take a look at what impacts the resale value of your pre-owned car . Vehicle Depreciation Rate Depreciation is a car buyer’s worst nightmare, as it is one of the main factors affecting resale value . It starts from the moment you drive off your brand new car. A car that depreciates less in value is easier to sell at a comparatively higher price. The Mechanical Performance Your car’s mechanical performance must be well maintained in order to fetch a high res
Ensuring that your car covers maximum kilometers on a full-tank fuel is car-care 101 besides economizing on the fuel which is getting expensive by the day. It’s vital that your used car is fuel efficient that so that you can save considerably and make the most of your second-hand car . Plus, it’s also good for our environment. It doesn’t matter if you have bought a used car online or a brand new one from the showroom, making sure that it gives good mileage will always be a priority. If you’re short of ideas on how to do that, fret not, here are 10 tips on how to boot the fuel economy of the car: Turn it off or keep it closed: Remember to turn off the engine if your waiting for something or someone for more than a minute or two. Also, experts say that having your windows closed and air-conditioner on saves more fuel compared to open windows. Lose the weight: The heavier the car, the greater thrust and thereby more fuel wastage. So, remember to clean up the car