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Here’s What Car Dealers Say if You Want To Maintain Your Car’s Resale Value

5 September 2022 • 5 views

So you’re staring at your smartphone or your computer screen and you want to sell off your car, asking yourself these questions:

“How to take good care of your car’s resale value?”

“How can I increase the value of my car?”

“What factors affect a used car’s resale value?”

“I want the best and highest value for my used car! But HOW?”

Before you end up endlessly browsing through tons of articles with confusing answers

STOP! Because we did all the research for you so you don’t have to!

This article is not gonna give you a backstory on the totally unrelated tale about how we got the inspiration while trying to google for answers and all that fluff. 

Instead, we’re jumping straight to the point. We asked car dealers directly on how to maintain or improve the value of your used car, so you know it’s the real deal.

car dealer

In short, here’s a quick glance on how to maintain the resale value of your used car:

  1. Watch the mileage
  2. Keep it clean
  3. Properly maintain
  4. Pick a popular colour
  5. Keep it original

1. Mileage Affected Car’s Resale Value

This is the first thing buyers and sellers will look at: Your mileage odometer, and for very good reasons. A car’s mileage is usually used as an indicator of how much wear and tear your car has experienced. A high odometer reading might mean the car will possibly require more trips to the workshop in the future. Imagine you’re buying over a used car… You wouldn’t want that right? Make sure you are mindful and consider making necessary trips only!

Quick Tip: A 99,000km and a 100,000km car may fetch very different prices even though it is only a 1,000km difference! It’s a psychological barrier! So if you want to get a good resale value for your used car, consider selling it off before it hits the 100,000km mark.

car mileage

2. Keep it Clean – Obviously!

A dirty and smelly car can hurt your car’s resale value. Set up a proper cleaning regimen so your car can maintain its shine and sparkle. People tend to think that washing your car as often as possible, like how we wash our bodies, is a good thing, right? Wrong. But ironically enough, not washing your car frequently enough will also cause dirt and gunk to accumulate on top of your car’s body.

Car detailing experts’ rule of thumb for the general public is to wash it once every two weeks. It is good enough to remove the dirt buildup, but also to not cause too many minerals to cling onto the exterior coat of the car’s body.

clean a car interior

3. Proper Maintenance Will Increase Car’s Resale Value

It’s important to keep your car well maintained because it keeps you safe AND prevents the value of your car from dropping too much. They always say keep your car well-maintained, but what exactly does that mean?

It means making sure your car’s maintenance schedule is kept up to date. Make sure your engine oil is replaced on time so it can perform at its best state and maintain optimum engine health. So, when your car gets passed over to a new owner, if you decide to sell it off, no value is deducted due to engine related issues.

Make sure you also check brake fluids, power steering fluid, coolant, brake pads, car belts and battery health in check. Consistent maintenance will definitely maintain your car’s resale value in the long run.

Quick tip: If this sounds like solving a complex maths equation and everything is just super confusing, send your car to your trusted workshop and have them take a look at it!

car maintenance

4. Pick A Popular Colour

Colour plays a huge role in desirability. According to local automotive paint suppliers, colours that are generally acceptable and favoured in Malaysia are white, black, grey and silver, with white being the top. So the next time you’re thinking about getting a new car, you might want to rethink about getting bright pink, lime green, or even citrusy orange. 

Quick tip: Art and beauty is a very subjective matter, so the best idea is to stick to what is  generic and widely acceptable by the public. It makes sure you’re more likely to successfully sell off your car!

white car on the road

5. Keep it Original

They always say less is more, and this is true especially when you’re trying to maintain the resale value of your car. The key here is to keep things as simple as possible. Not everyone will like extravagant car spoilers or modifying the exhaust pipes, which may be deemed undesirable to some individuals. Moreover, there is a big possibility it will kill your car’s resale value!

So there you have it! As long as you stick to these tips, rest assured your car will remain in its highest and best value!

car's resale value

Ready to find out how much your car is worth? CarCo is one of the top leading online car dealing platforms in Malaysia. Each car goes through a comprehensive inspection before it gets listed on their website, and we’ve seen many reviews claiming they were able to fetch higher prices compared to selling it to their local car dealers!

Want to know more about your car’s resale value? Click here for more information! 

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