10 tips for increasing the value of
With less buyers in the current economic climate,
even more important to make your car stand out!
When people ask, "how
much is my car worth?", they are seldom thinking that they
could actually increase their car's value. But there are several ways to
invest in your car that will give you an immediate return. According to
British Car Auctions, the cost of damage typically
decreases the value of a car by three times the cost of repair,
this is how used car dealers make their money. Not all of the professional
tips on this page will cost you anything, but for those that do, you should
at least double your money.
The best way to go about this is to find out the value
of your car in good condition, and in it's current condition. You can then
find out what the car's potential is and work to a budget.
- Wheel Refurbishing -
Tatty, scuffed alloy wheels can really let a car down and can decrease
the value by a massive amount. The funny thing is that you don't really
notice them, you may not even look at them because your eyes are drawn
straight to the body. As well as scuffs and scratches, your wheels have
probably gone dull and stained. But if you refurbish the wheels, suddenly
the car gets a massive lift. [more]Alloy Wheel Refurbishment
This XK8 just wouldn't sell and received an offer of only £10,500.
But after spending
£1,200 on preparation it sold for £14,400. [read
the testimony here]
- Replace old number plates - This
is another item you probably haven't noticed! As they are standard on all
cars, people tend not to look at them... but are they tatty and stained?
The devil is in the detail, and so putting new plates on your car will
make it look that much newer. You still won't notice them but they will
make a difference, and the best thing is, this is cheap to do.
Just to be clear, we aren't suggesting putting on a personalised number,
or using fancy letter styles -- in fact, custom plates have to go! Just
replace your existing
plates with new ones.
- Remove odours -
If there is a slight odour in your car, you may be so used to it that you
don't even notice. There may be a damp smell from the time you left the
window open, or a slight smell of 'wet dog' which may be enough to put
off a prospective buyer. The best thing to do is to ask a friend, preferably
a woman, to have a sniff and see if the situation requires attention. [more]Car Odour Removal
- Scuffs on Bumpers -
Lots of cars have these as they are so easy to get! They can be relatively
cheap to fix with Smart Repair, and you don't have to have the whole bumper
repainted! [more]Bumper Scuff Repair
- Stone Chips -
Lots of stone chips on the front of your car can make it look old! They
may not leap out at you as a major problem, but they add age to a car and
could devalue it by hundreds of pounds. If you are willing to do it yourself,
touching in the stone chips will cost you no more than the price of a small
tin of paint and a decent brush. Small Scratches can be repaired in much the same way.[more]Stone Chips
the seats - Obviously, nobody wants to sit on dirty seats!
So if your seats have a few stains, have your car professionally valeted
and the interior shampooed. But even if their are no stains or marks, if
your seats and carpet have never been shampooed, that will give them a lift
in terms of looks, and also help to remove any stale odours. [more]Interior Valeting
- Give the car a
polish - After a car is a few years old, the paintwork
can become dull and oxidized. Giving the car a polish so that it becomes
bright and glossy will make it look newer and more attractive to potential
buyers. If your car has light scratches, these can often be polished
out or at least reduced, so you may want to consider having a professional
machine polish your car. [more]Exterior Valeting
- Paintless dent removal -
Unfortunately, one of the drawbacks of having your car polished is that
all of a sudden, all those small dents and dings can become more obvious!
dents will harm the value of your car, you can have them removed without
the need to have panels repainted. [more]Small Dent Removal
- Remove after-market accessories -
Many of us like to individualize our cars with custom accessories, but
unfortunately, very few of these enhance the value of a car, most seriously
de-value it! The biggest one is custom wheels, so if you have the originals,
put them back on, if you haven't try to source them second hand and refurbish
Also remove tinted light covers, no-smoking signs, car mats that don't fit
the car, beaded seat covers or lumbar support cushions. Basically anything
that doesn't look like it belongs with the car... or anything personal such
as child seats - remove them when showing the car to a prospective buyer.
The exception to the rule would be aftermarket boot liner trays and car mats
that actually fit properly and look like they belong. Although we recommend
rubber mats for use in winter, they do nothing to enhance the appearance
of the car.
- Good photos and good descriptions
in your advert - What the car manufactures have realized
is that people don't buy cars, they buy the lifestyle! This is why so
few car adverts on TV tell you anything about the car, instead they show
exotic locations and beautiful people.
You can use the same trick when displaying your car. When you photograph
your car, take it to a nice location in good weather. Likewise, put relevant
information into the description of your car so that you list the selling
points. There are more tips about this on our Car
If you want to get more money for your car, we can help
with our Pre-Sales Preparation service.
We suggest you find the value of your car using Glass's
Guide, or research
the value yourself so that you know how much you want
to spend, then our expert can advice you of how to make the most of your
money. [more]Sales Preparation