Buying a Car that Retains its Value

You can make a difference to your resale value of your car with some handy tips here!

Choosing the Right Car - Because you will eventually have to sell or look at a new car, it’s important to choose a car that will potentially stand the test of time. Some cars are evergreen, and it pays to look at whether those models fit into the list that you’re looking at.

Looking at your Options - Different car features will appeal to different people so if you have too many frills installed, it may be harder to attract the right buyer. Our advice is to go for a right tier of car that offers as close to what you want without too many pricy add-ons.

Taking Care of your Car - We can’t stress how important it is to take care of your car and drive safely! Accidents and deterioration of the inside or outside of the car will negatively affect its value.

The Smarter Finance Company can help you to make sure that your finances are in order so when you eventually sell your vehicle, you’ll be financially prepared for that new one too!

Buying a Car that Retains its Value

A New car versus an Used car

If you need a replacement car, you might want to look at our list that compares buying a new one or a used one first.

Buying a New Car
Pros - You don’t have to wait for a car that you want to be available, they come brand new. You have your pick of options and noone else has touched the steering wheel or sat in that seat. You don’t have to worry about car history either.
Cons - New cars are definitely more expensive and value drops instantly after you’ve signed the dotted line. Feedback on new models is also harder to find.

Buying a Used Car
Pros - Cost is definitely a factor - you might be able to get a car that you like for a steal, and at cheaper interest rates too.
Cons - The history of the car is in question here especially if the previous owner did not maintain or repair issues effectively. You may not pay actual value of the car either since sellers always try to make money when they sell.

You can find out more when you compare car financing rates with The Smarter Finance Company. Let us help you decide which one will fit you best!

A New car versus an Used car

Smart Tips for Selling your Car

Here’s how you can get an even better deal when you sell your car. Read on!

1) How much is it worth? Do your research and find out how much or how little people are selling cars the same make and model for.

2) Is it the Right Time to Sell? Are there sales and promotions for your car first hand going on? Keep tabs on trends and demand for certain types of cars because different cars will be more in demand through different seasons of the year.

3) Does it look good? If you can spruce up your car - get it washed, shined and vacuumed then its value will go up, up, up!

4) Can you Negotiate? Knowing how much your car is worth is half the battle won but have a bottom line for yourself. Start with what you would like to have and be reasonable about how much you get.

If your car doesn’t sell for as much as you would like, with The Smarter Finance Company, we can help you come up with any shortfall with our car financing plans!

Smart Tips for Selling your Car