A car is one of the largest investments you’ll ever make in your life. Unfortunately, unlike most other investments, this one doesn’t hold its value as time goes on. Instead, it starts to depreciate the moment you drive away, meaning that most cars sell on for much less than they were initially bought for.
Depreciation is an inevitable part of car ownership, and there is nothing that you can do to avoid it completely. That being said, there are ways to reduce it. If you ever plan to sell your Mercedes-Benz, then here are four things that you should do to maximize the resale value.
1. Follow The Maintenance Schedule
The best way to maintain the value of your Mercedes is by following the maintenance schedule from day one. You can find this in your owner’s manual, which is usually kept in the glove compartment or driver’s side door.
This will tell you when you should change your oil and replace your air filters, as well as when your vehicle should be taken for a service, and many other vital preventative steps. Moreover, it helps prevent breakdowns and keep your car in good condition.
2. Keep The Mileage Low
While many factors determine the value of your car, the mileage is one of the most significant, with fewer miles meaning more value. With that in mind, it’s important that you keep your distance as low as you can.
Of course, you can drive your Mercedes to work and around your local area when needed, but it’s probably best that you leave road trips and other major journeys to rentals. The value will drop massively at 100,000 miles, so try to avoid this figure.
3. Watch How Your Drive
Unfortunately, it’s not just how far you drive the has an impact on value: It’s how well you drive too. One of the quickest ways to crush the value of your Mercedes-Benz is by crashing into another car, so avoid this at all costs.
If you are hit by another vehicle, you should contact a professional, like Dave Abels – truck accident lawyer. They won’t be able to limit the depreciation you face, but they can get you the compensation you deserve, saving you money in the long run.
4. Steer Clear Of Dirt
Most car buyers judge the care of a vehicle on the state of its interiors. This means that, if your Mercedes is covered in dirt and stains and smells like greasy takeaways and wet dogs, they’re going to assume that it isn’t in the best condition, leading to lower offers.
With that in mind, it’s important that you keep your car clean and avoid smoking, eating, or driving pets around in it. You should also take preventative measures, but storing your vehicle in a garage and using covers.
All cars depreciate in value over time, but, with these tips, you should be able to maximize the resale value of your Mercedes-Benz and get offers that you’re willing and happy to accept.