Right off bat, let's clear one thing up. You will not profit from buying a car unless you intend to, or are already in business of buying and selling cars. Depreciation will decrease value of your car longer you use it, no matter what. It isn't an investment, so no matter how you carefully treat it, you can never make money you bought your car with back, much more make a profit off it.
Now with that out of way, here are some tips to guide you in your car buying expedition, particularly if you do not intend to keep car for life. These are tips to maintain substantial resale value of your new car. Think of it as accepting fate that your first car buying experience will have to end in a break-up.
- Stick with classic colors and options. A neon green car may strike your fancy, even if no one really understands why, but buying a car fit for resale entails sticking to basics.
- Remember that setting up car's engines, audio and detail accessories will not necessarily boost resale value of your car. Why juice it up anyway if you know you want a more expensive car for keeps down financially stable road?
- There are some detailing jobs that will remain classic resale boosts: a nice stereo, sun roofs and leather seats.
- Buying a car that is easily maintained helps, too. Readily available parts and a familiar engine will keep maintenance hassles to a minimum. Polish it, have regular check ups and get multi-point inspections done.
- Think about safety when buying a car. Check if latest technologies in car safety are present in car. A safe car is a more resalable car than muscle-packed, speed mobiles. Check for airbags, anti-lock breaks, traction control, electronic stability and side airbags.