How to Sell Your Car for Top Dollar
Maximize the resale value of your car by making smart decisions at each stage of ownership
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You’ve no doubt heard that prices for both new and used vehicles have risen dramatically in the past year. Much of the responsibility for the increase is attributed to a shortage of semiconductor chips, but whatever the cause, if you want to make a trade, you’ll want to get top dollar for your current vehicle. Here are a few tips to help you make that happen.
BEFORE YOU BUY
- Select a brand and model with historically good resale value.
- Choose sought-after features such as forward collision warning or adaptive cruise control; the car will be more appealing to potential buyers when it’s time to sell.
WHILE YOU OWN
- Drive safely; collisions decrease car resale value, even if the damage is repaired.
- If possible, keep the mileage at or below an average of 13,500 miles per year.
- Avoid eating or smoking in the vehicle to prevent unpleasant smells and stains.
