Three Ways You Can Make The Value Of Your Car Remain High
Everyone knows that the minute you drive a new car off the dealer's lot, it already loses value. There are only a few vehicle manufacturers that are able to maintain high value on their vehicles, such as the Toyota trucks for sale on that lot out by the mall near you. All others' value starts tanking. However, there are ways of making the value of your vehicle remain high and last longer.
Low, Low Miles
Cars and trucks that are rarely used and have extremely low miles have a higher resale value. People want cars that are practically new and have not had any major strain or stress on the engines, which comes with high mileage. If the car you buy is your backup vehicle, or you are just going to drive it to the grocery store and church, there is a very good chance that the car will have very low miles after five or ten years. That is money in your pocket, just as it is money in your dealer's pocket when you want to make a trade or sell it.
Absolutely No Rust and No Damage
No rust and no damage means you take really good care of your vehicles. Spotless cars are worth more because nothing will have to be replaced or redone on a vehicle to make it attractive to a buyer. Vehicles that have never been in an accident are even more valuable, as it means that any unseen damage that would normally have gone unrepaired during the owner's time is no longer a potentially a ticking time bomb for the next owner.
Only One or Two Owners
Cars with only one owner are golden. They are the mythical, "grandma drove it until she died" cars everyone wants and almost no one can find. If you hold onto this car for years, rarely drive it, and it remains spotless of damage and rust, it is the type of car that both dealers and car collectors are going to want to buy. The value holds, albeit lower than what you paid for it, but the value is still there. If you pass the car on to an heir, and the heir barely drives it and then sells it, that is good too. However, you are likely to get more money for it if you sell this vehicle within your lifetime and before a second owner can mar its near perfection.