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5 things that will decrease your car value

Chloe Martell profile

Chloe Martell

November 6, 2019

Owning a car 3 min read

Cars are expensive purchases, whether someone is buying one brand new or second hand. This means if you’re in the market for a new set of wheels, you’ll want to get the most out of your money. It also means that if you’re the one selling the car, you’ll want to make as much as possible too – so what can you do to make sure you get the best price when you come to sell your car?

Here are 5 things that can decrease your car’s value. Avoid these as much as you can, and you’ll probably make more money when it comes to selling your car.

1

High mileage

This one is pretty well known. The more miles on the clock, the less your car is worth. Now we’re not saying don’t drive your car, because that’s crazy! It’s just something to keep in mind when you do come to sell.
2

Lack of maintenance

It’s pretty easy to tell if a car has been looked after or not if you’re buying it second hand, simply from driving it. If you’re selling your car, buyers will know if you’ve taken good care of it. Keeping on top of your car maintenance will not only attract buyers when it comes to selling, but it will keep you safe whilst you’re using it!

Buyers are also likely to check service history reports before buying your car, which will reveal a lot about how well you’ve looked after your motor. Keep up with your full car services and fix anything flagged on MOTs to not scare any buyers away.

3

Dirty cars

Most people make a last-ditch attempt to deep clean their car before selling it, and whilst this may work, it’s worth trying to keep it in fairly good condition the whole time you own it. Even a serious clean sometimes can’t fix the dirt that has built up. Regular cleans of your car will keep it in good condition! Clean the car before taking the photos, too – that’s what people will see first. If it’s gross, buyers may be put off!
4

Dents and scratches

If someone is buying a second-hand car, it’s obvious there will be a bit of wear and tear. With that being said, big dents or scratches may decrease the value of your car and even put some buyers off completely.

Pick up some T-Cut and see if you can get those scratched out. If not, it may be worth taking the time to get these fixed professionally, and then factor the cost of this into your resale price. Or, leave them and bring the price down. It may work out that you’re making the same money, but a car with fewer dents and scratches is likely to attract more buyers. 

5

Modifications

We all have different tastes when it comes to cars. You may love the idea of having animal print seats, potential buyers may not share your taste. By all means, customise your car whilst it’s yours (as long as your insurance permits) but leaving it possible to be reverted back to original conditions will help you when it comes to selling.

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Chloe Martell profile

By Chloe Martell

'As a new driver, I'm so eager to share my driving journey with you all - from when I was a learner, going through my test and all the aspects of my driving life now, including my love of cars!'  See more posts by Chloe

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