Want to sell a car? 5 Things to Increase Your Car's Value. (Part 1)

After using your car for several years, you may think of upgrading your existing car for certain reasons such as the addition of a family member or looking for something more comfortable. Even if you have taken very good care of your car, you may not be able to sell it for the price you hope to finance a new car. Generally, the value of a car will depreciate by almost 20 percent after the first year. After a few years, the car may have lost up to half of its original value. Before selling your car, you need to consider what can be done to increase the resale value of your car. Here are 5 things you can do to ensure you get a higher resale value for your car.

1. Buy a Car with a High Resale Value

Maintaining your car's resale value starts before you even own a car. To guarantee the resale value of your car in the future, you should buy a car model or brand that has a low depreciation value. Ideally, look for a car brand that is popular, reliable, and offers easy access to service centers. Some models that have a high resale value in Malaysia are Perodua Myvi, Honda Civic, and Toyota Vios.

2. Choose a Car with Appropriate Safety Features

Since owning a car is a lifelong investment, you need to choose a car that is equipped with the appropriate safety features. This will help you stay safe while driving and it can also increase the resale value of your car in the future! Imagine if one day, the government required all cars sold to have an Anti-Lock Braking System (ABS) or a seat belt reminder. The absence of the following system will cause the price of your car to drop drastically. It can also increase the appeal of your car when it's time to sell. If your car is equipped with safety features such as a rear camera, parking sensors, and a blind spot warning system, it may sell for a higher price than a car without these systems. Some of the safety systems you can consider are Anti-Lock Braking System (ABS), Automatic Emergency Braking (AEB), and Electronic Stability Control (ESC).

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3. Extend the Warranty Period

Warranty is the last thing people think about when selling a car, but it is an important factor that can determine the price of a car sale, whether new or used. If you can afford to extend the warranty period for your car, you are strongly encouraged to do so, especially if it covers major components such as the engine and transmission. Extending the warranty will give you and the next owner peace of mind, especially in the event of an unexpected breakdown.

4. Choose the Right Color

Are you planning to decorate your car with eye-catching colors and graphics? Although it may be possible to make your car a unique work of art, not everyone will share the same idea as you. Cars with bright colors like red, purple, or yellow usually have a lower resale value because these colors are difficult to maintain. Especially with the hot and humid climate in Malaysia, it may start to fade after a few years. Ideally, choose a basic color such as white, black or silver. Cars with these colors have a better resale value because they are easy to maintain, easy to clean, and can also hide scratches well.

5. Drive Carefully

One of the best ways to maintain the resale value of your car is to practice efficient driving. Aggressive driving will put stress on your car and this will accelerate the wear and tear process of your car components. Good driving habits will ensure that your car is always in good condition. It can also reduce the amount of maintenance on components such as brakes and tires for a long time. In addition, safe driving can prevent accidents. A major accident will drastically reduce the value of your car, especially if there is damage to the car's frame. This will make your car more difficult to sell as it will appear on your car history report.

So, how do you sell your car to Pilihcar?

i) Open Pilihcar.com: Visit our website and create an account to put up your vehicle for sale.

ii) Book an inspection: Book an inspection session online at pilihcar.com . Our Pilihcar consultant will contact you to confirm your details and schedule an inspection session at a center near you.

iii) Attend an inspection session: Our trained inspectors will conduct a thorough inspection of your car before offering you a price.

iv) Accept an offer: Immediately after the inspection, we will immediately offer you a price for your car. You can accept an offer from us or you can choose to put.

Get the best value for selling your car only at www.PilihCAR.com. Visit our website to find out more.