Showing posts with label car insurance. Show all posts
Showing posts with label car insurance. Show all posts

17 November 2012

Small Things You Can Do to Increase the Resale Value of Your Car

Some people buy cars as a status symbol, others as an investment. Normally, people buy cars to transport themselves from one place to another. A car’s life span can go indefinitely, depending on the use and treatment you give it.  However, many people sell it after 3 to 5 years to get a new one. According to most car insurance companies, the value of a car goes down 20% on the first year of usage, and can go down to 65% in 5 years of normal driving. So it is important to follow these few tips, which are easy and inexpensive, and will get you more than your car’s blue book value.