11
What Affects A Car’s Resale Value Open Book Autos

What Affects a Car's Resale Value

Embed Size (px)

DESCRIPTION

There are many factors that go into a

Citation preview

Page 1: What Affects a Car's Resale Value

What Affects A Car’s Resale

ValueOpen Book Autos

Page 2: What Affects a Car's Resale Value

Climate

• Used cars with 4-Wheel Drive are easier to sell in places like Utah that see harsh winters and excessive snow.

Page 3: What Affects a Car's Resale Value

Color• More common colors such as black, white and

silver tend to sell faster. While fun colors may be fun for certain cars, most people prefer standard colors.

Page 4: What Affects a Car's Resale Value

Options and Upgrades

• People in Utah like things such as sunroofs, heated and leather seats and improved sound systems in used cars, which can mean higher resale values.

Page 5: What Affects a Car's Resale Value

Area• Resale value can decrease for cars being sold in

areas that aren’t fitting for their geographical area. For example, smaller cars sell better in areas that are more heavily populated.

Page 6: What Affects a Car's Resale Value

Upkeep

• Maintenance and upkeep are things that can’t be ignored with cars, but if a car requires more than usual, it can be a big turn off.

Page 7: What Affects a Car's Resale Value

Technology

Technology such as navigation systems and MP3 compatibility are highly sought after in used cars.

Page 8: What Affects a Car's Resale Value

Interior Condition• Used cars shoppers appreciate a clean interior.

Torn seats or nasty stains can greatly decrease resale value, while clean interiors can increase resale.

Page 9: What Affects a Car's Resale Value

Exterior Condition

• Utah drivers look for cars that haven’t been eroded from salt and harsh weather conditions. As well as cars that haven’t covered in door dings, dents and scratches.

Page 10: What Affects a Car's Resale Value

Mileage

Used cars with low mileage are favored more because it’s likely they will last longer than those with

ridiculously high mileage.

Page 11: What Affects a Car's Resale Value

Transmission

• While some people may enjoy a manual transmission, most used cars shoppers prefer an automatic transmission these days.