How to: Maintain the value of your car
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Keep up the value of you car in New Zealand. Photo: Tourism NZ
Whether you’re driving a family SUV, a small hatchback, ute or electric vehicle, how you look after your car can make a significant difference when it’s time to sell or trade it in.
New Zealand’s relatively small used-car market means buyers have plenty of choice, so a well-maintained, tidy car can stand out from the competition. Here are five simple ways to help protect your car’s value.
1. Keep up with servicing
Regular servicing is one of the best ways to protect your car’s value. Follow the manufacturer’s service schedule and keep receipts and service records. For newer cars, maintaining the service history can be particularly important for a future buyer or dealer.
2. Protect it from New Zealand’s weather
Sun, rain, salt air and harsh weather can all take their toll on a vehicle. If possible, park in a garage or under cover, particularly during summer. Regular washing can also help remove road grime, salt and contaminants that can damage paintwork over time.
Keep the car regularly cleaned.
3. Keep the interior looking good
A clean interior can make a big difference to a car’s resale appeal. Vacuum regularly, clean spills promptly and protect the seats and carpets from excessive wear. If you have children or pets, good-quality floor mats and seat protection can help keep the interior looking newer.
4. Look after the tyres and wheels
Tyres are one of the first things a potential buyer will notice. Keep them correctly inflated, check the tread regularly and have wheel alignment checked if the car pulls to one side or the steering wheel is off-centre. Avoid kerbing alloy wheels where possible, as damaged wheels can detract from an otherwise tidy vehicle.
Concentrate on the interior of your car too.
5. Think carefully before modifying it
That aftermarket exhaust, oversized wheels or suspension kit might make your car more appealing to you, but it won't necessarily increase its resale value. In fact, heavily modified cars can appeal to a much smaller group of buyers. If you do make changes, keep the original parts so the car can potentially be returned to standard before selling.
The bottom line
You don't have to spend a fortune to protect your car’s value. Regular maintenance, keeping it clean, protecting the paint and interior, and avoiding unnecessary modifications can all help. Most importantly, keep records of the work you have done — a well-documented, well-cared-for car is much easier to sell when the time comes.
