Ferrari 2014 for sale

How to Increase Your Car's Resale Value

You are here at the page for Ferrari 2014 for sale on Philkotse.com - one of the largest online platforms for car buying and selling in the Philippines. Before making the decision to buy your next car, you might want to read all our news, reviews and insights to make sure you are getting the best possible deal.

Whoever says that cars are investments are only partly correct. The moment that you purchase your car from a car dealership it instantly loses its value. According to economic studies, a brand new car loses most of its value during the first 5 years of ownership.

Luckily Philkotse.com has compiled some tips for you on how you can increase the value of your car.

1. Observe Proper Maintenance

Your car is a finely tuned machine with a lot of moving metal parts. These parts rub against and hit each other many multiple times when you have your car on.

Movement and vibration create friction which then, in turn, make heat. That same heat magnified many times over causes damage to your engine. Another thing is if you do not change the oil in your car, the oil turns bad and sludges up the car's insides.

If you observe the car's proper maintenance and religiously follow the prescribed PMS schedule, you will have that coveted manufacturer's maintenance diary. This document records all the times you sent the car over for maintenance and may include parts replaced and other mods. With that document, you can actually increase your car's value when the time comes to sell it.

2. Fix the Paint and Dings

Apart from having your car mechanically sound, you have to package your car to be desirable to look at. Many car buyers relate a good-looking and presentable car to be a good car.

Do not sell your vehicle if it has major scratches or dents in it as this will immediately send the car's resale value plummeting. Give it a fresh coat of paint and you will find that your investment in having the body repaired will pay off.

3. Keep Maintenance Records and Documents

Buyers will always be wary of a used car's history. In the Philippines, we do not have a central database to trace the history of the car from ownership to maintenance records.

Keeping all documentation handy with you will create a sort of diary of everything that happened to your car, from maintenance work, modifications and part bought even ownership will create a sense of assurance to the buyer that it will be worth their money buying your car.

4. Replace Tires if Needed

Tires are one of your cars most important parts. The quality of your tires greatly affect the cars overall performance, handling, comfort, and demeanor.

It is your vehicle's connection to the road and any imperfection is felt almost instantaneously. It is also a major safety concern to sell your car with busted tires. Spending on decent tires, much like repairing the body can add dividends to your car's resale value.

5. Drive Defensively and Safely

The easiest, most cost-effective way to maintain your car's resale value is to drive safely. Defensive driving is an often thrown-around word that actually means so much to the car's resale value.

If you drive safely and sensibly you can avoid collisions, it doesn't wear out the tires as much plus you have the distinction of selling your car in original and pristine condition. Much like trading cards in mint condition, keeping your car intact will be a major selling point for you.

One final tip to make sure you get the most out of your car is to follow us at Philkotse.com, sign up to our website and you can have your car listed in our Cars for sale section. You can rest assured that you get the most calls and messages from people who want to purchase your car.

We hope you enjoy browsing through our certified listings of Ferrari car for sale in the Philippines. Follow us at Philkotse.com for more affordable deals, news, reviews, and insights on your favorite cars!