Thursday, April 14, 2016

Caring For Your Car - Way To Increase Its Resale Value

If you are considering selling your favorite car and getting a trendier car, how do you plan to increase the resale value of your car?

The secret is to keep your old car as good as new. A car is our most expensive investment. A new car tends to depreciate as soon as it leaves the showroom and continues to do so even after it is older than two years. When we keep our car shining like new car it adds value to itself without our knowing it. You would not be surprised if somebody makes a passing remark about its supposed value close to the show room price.

An impressive car costs more than it should despite its age. By taking good care of your car you not only are increasing its resale value, saving on bigger repairs but you are also extending its youth. Meanwhile if you had lost your heart to a newer edition or other brand you might consider selling it as a used car. Your old car fetches you a very good price because it is in a top condition. The young drivers in your family can also contribute to the health of your car.

Here are some useful tips that will help you keep your car looking new:

* The young drivers know the basics under-hood
* The young drivers can handle engine, alternator, battery, transmission and radiator
* The young drivers can use oil dipstick, filler, coolant reservoir and washer fluid bottle
* The young drivers can recall and locate them
* Make sure the spare tire in their car has air in it
* The young drivers can discern the right jack and fit it at the right jacking point

The young drivers can maintain the emergency kit:

* They can maintain an emergency toolkit and a first-aid kit in your car even if the car is old or you only drive around town
* Your teen driver knows where the kit is and what it contains
* They can maintain an emergency toolkit and the first-aid kit with flares, emergency triangles and a blanket

Get the paperwork in order:

* Make sure the young drivers have the proper insurance papers and registration in the vehicle
* Make sure they know where these papers are
* Tape a cheat sheet inside the glove box door for the young drivers, with who to call, what to say and what to present in case of exigency
* Give them a cell phone for emergencies
* Make sure they never use it while driving
* Caution your teen driver about distraction
* Place limits on friends who can ride along with him

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