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When you buy a new car, you need to consider many elements: safety, interior, ride quality, exterior design, information and entertainment technology, and the most important factor for most buyers: the budget. When choosing a new car buyers should consider one thing: the resale value .
More: Spring cleaning tips for your car.
Why? Because if you do not intend to drive the car you buy forever, it will likely be changed in the future or sold immediately. If you invest in high-quality driving, you're likely to get a better retail price when it's time to hand in the keys, said Penny Hoarder writer Tim Healey.
"It could even be a jump-off when split between two models," he adds.
If you take the resale value seriously, it's a good idea to focus on brands that always offer reliable and high-quality vehicles and luxury brands. Off-road vehicles (SUVs) and trucks can, according to Healey, also achieve higher resale values, depending on the gasoline price.
If you are thinking about the future owner of your car, you can also help maintain a regular maintenance program. It is more likely that a properly serviced car will justify its selling price than a damaged or clogged car.
"A well-maintained vehicle can be worth more when it's time to sell or trade, and if you know that the resale value will bring you a profit, you can be encouraged to pay attention to maintenance," says Healey.
Further information: About the Chevy Traverse 2019
To improve the value of your vehicle with spare parts, Healey recommends you to follow practical improvements such as leather upholstery, sunroof and air conditioning and to avoid "to individual changes".
News source: The Penny Hoarder
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