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
OLX Cash My Car is India's most optimized platform for selling used car fast. There are only 3 steps that needs to be followed in order to sell your pre-owned car along with getting the fairest price in Market.