A car’s brand “can have a tremendous effect on its resale value, regardless of the condition or quality of the vehicle in question,” according to The Car Connection. Rusting. In a country like Malaysia, where the used car market trades around 400,000 cars annually or about 66% of the new car sales in the country, according to the Malaysian Reserve, it is pertinent to understand what factors affect a car’s resale value. Resale value is something of a black art, mixing a car's age, its mileage, general condition, and equipment levels with less straightforward factors like popularity or supply. Having resale value in mind may affect how well you maintain your car… Do colour and location impact resale value? Rust is the enemy of machinery which means it is also one of the biggest enemies of vehicles. Rust simply means that the car is not maintained properly and it will affect your resale value … Ostentatious accessorizing is just plain obnoxious and can have the opposite effect on your car’s resale value by dramatically cheapening its look. When you're selling a car that's been in a crash, it's easy to feel like you're on the losing side of history. Vehicle wraps can also affect resale value as these cars are usually customized for a specific business or event. Most of the things that bring down resale value happen over time--but some of the features and fundamentals that can boost resale value … What Happens to Your Car’s Value After an Accident? Should gas prices spike or trucks and SUVs fall out of consumers’ favor for some other reason, their resale value will fall. According to Carfax data, damage can have a big impact on the price of a used car.The average hit to the retail price is about $500.That average impact on retail value jumps to $2,100 for a vehicle with severe damage in its past.. A car with a warranty will always be considered by a buyer first due to which cars with the extended warranty hold their value much better. According to a report by ALG, mainstream brands like Subaru, Honda and Toyota have higher levels of pricing power and perform well in the used-car … Another factor that affects the best colour to buy is your location. While unusual colors may see a resale value penalty after the first few years, drivers who keep cars for 10 year or more likely won’t be affected when it comes time for a new car. Resale value is something of a black art, mixing a car's age, its mileage, general condition, and equipment levels with less straightforward factors like popularity or … Then you go to trade your car and find out that the accident has cost you in the way of resale value. Buyers can get a good deal on a used car with a vehicle wrap but may have to pay to have the wrap removed. Of course, shoppers who simply don’t mind the resale value drop can also choose a wild color. Car Values and Auto Insurance Resale value does fluctuate along with consumer taste, so used-car prices change over time. Kelley Blue Book (kbb.com) is the most established of the pricing resources. How to Increase or Maintain Resale Value. Rust simply means that the Accident has cost you in the way of resale will. Or trucks and SUVs fall out of consumers’ favor for some other reason, their resale value these. Values and Auto Insurance Vehicle wraps can also choose a wild color the Accident has cost you in way... 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