If you're trying to sell your car or use your car as a down payment for a car, you might be surprised that everyone's estimate for it is so low. Of course, things like car mileage, the time you plan to sell a car, the social and economic conditions at the time will affect the resale price of the car. But the truth is, there are other factors that you might overlook that can actually affect the price of a car.
There are some things you may be able to solve on your own. But there are still some factors that you may not be able to control and can only go with the flow. Below, we list ten factors that affect the resale price of a car, as a reference when you determine the price of a resale car.
Bumper sticker
Although experts disagree on whether the bumper sticker really affects the value of your car, why do you take this risk? If you leave the stickers on the bumper there, potential buyers may guess that your car actually has other uses, and they may also make the buyer wonder if you really want to sell the car. Therefore, please carefully remove all bumper stickers. However, be aware that even if you do not leave any scratches or defects in the process of removing the sticker, the paint under the sticker may be slightly different from other parts.
Any lamp on the car is damaged
If your car lights break, or the bulbs burn out, it's worth spending a little money to fix them. New bulbs and lights are inexpensive and easy to replace, and can usually be replaced with just a few screws removed. (If your car is equipped with high-end LED or HID luminaires, the situation may vary, but you should still consider replacing any damaged lights.)
Unworked headlights and brake lights can make driving a car extremely dangerous. This kind of problem will affect driving safety, the police will stop you and give you a ticket. No one wants to buy a used car and will immediately go to the repair shop for repair.
Where you live
There are many considerations in deciding where you live, and the resale value of your car may not be among them. But where you live can significantly affect the resale value. The rear-wheel drive convertible can travel comfortably throughout the West Coast throughout the year, but driving a rear-wheel drive car in winter snow in New England is a big problem. There are also some ordinary car electric models (such as Mini Cooper and Volkswagen Golf) that have been sold in California for many years. But if you move your electric car in California to another area and then sell your car, potential buyers may not be interested in your electric car because there is not enough charging infrastructure.
The front windshield has cracks
Now you can change the windshield very cheaply. In some states, your insurance company will pay you the relevant fees without you having to pay the deductible. Some potential buyers will think that replacing a broken windshield is beyond their budget and they may not be interested in your car. So if you need to replace it, please do it before you go online for sale.
It should be noted that if your car is a new model, replacing the windshield may be more expensive. This is because the windshields of many new cars include new features such as rain-sensing wipers and sensors for embedded antennas, which will significantly push up prices.
Secondhand smoke
No one wants to buy a car that smells like an ashtray. So if you have been smoking in the car, you have to be prepared to pay the price. Although there is no exact formula to show how much your car's value will decrease compared to a non-smoking similar vehicle, there is no controversy about the value of the smoker's car. Some studies have shown that cars smoking in cars are heavily polluted, and driving and riding can expose you to second-hand residual smoke.
Tire does not match
Whether you are selling a car or trading, it is important that the tires are in good condition. If they all match, you will get a bigger price advantage. Mixed tires of different brands or ages may suggest to buyers that even if you change tires quickly after a puncture, you will tend to take care of your car more casually. If you really want to get the highest price for your car, consider buying four new tires. If you plan to sell yours to a dealer rather than an individual, the dealer may deduct the cost of replacing four new tires from your estimate.
Manual gearbox
If you are a firm believer in manual transmission, congratulations, you may be the last driver to open a manual transmission. If you try to sell your manual car, you will soon find that your car is so unpopular.
According to Car and Driver's survey, if you purchase a new car, for some non-standard features, if 50% or more buyers choose to add, the optional feature will increase the resale value. Choosing not to add these features or to choose unwelcome features (such as a manual gearbox) will not add any value and may even reduce the value. Therefore, when you buy a new car, you only choose the additional features you want. When you resell or trade your beloved car, you find that your car seems to be rarely interested, so don't be surprised.