What affects the price of the car

Often, car owners begin to think about the technical condition of the vehicle immediately before the sale, which does not in the best sense affect the final price of the car. Those who take care of their car from the very beginning profit significantly in price. In this article, we will look at the factors that affect the value of a car.

What determines the price of the car

It is a mistake to believe that only the year of manufacture and the external condition affects the value of a car. Criteria to pay attention to before setting the price of a car:

• car model;
• transmission;
• drive unit;
• car color;
• electronics;
• additional accessories/parts;
• appearance;
• interior condition;
• technical condition;
• mileage;
• service history/logbook/rego

These are the factors that determine the final price of a vehicle.

Whatever one may say, but the make of the car is an important point in the formation of the price of a car when selling. The brand reflects the main quality of the car – reliability. For example, Japanese cars (Honda, Mazda, Subaru, Toyota) lose 65% in value during the first three years, as do some English and German models. At the same time, the price for certain cars decreases much more slowly. The likes of Infiniti, Acura, Mercedes, Audi, and Lexus have been valued for several years – in the first 3 years, the price drops by no more than 35%.

Transmission

When buying a car, Russians often neglect the opportunity to install the desired gearbox, since it takes a long time to wait (up to six months). That is why many agree to the one that is already installed on the exhibition samples in the salon. So when buying a sports car, people choose an automatic transmission. In the future, buyers – fans of sports cars and fast driving are unlikely to appreciate the lack of a manual transmission. This means that the price will have to be reduced. In the case of a car for a city, the presence of an automatic transmission will add to the car from $500 to $1000.

Drive unit

Four-wheel drive will always raise the price of the car, unlike the one in front. It is understandable – the advantages of AWD: reliability and increased cross-country ability. As a rule, cars with AWD on the market are $500-1000 more expensive than front-wheel-drive cars. However, the rear-wheel-drive is not inferior in cost, despite the fact that the all-wheel-drive provides the greatest stability and safety on the road. The fact is that more money is spent on the production of rear-wheel-drive cars. In addition, there are not so many of them in the world car market.

Does the color of the car affect the price?

The choice of color also affects the value of the car, as does its condition. What, if not the color when buying a car, think about first of all? So your buyer already, for sure, knows what color of the body he wants. Most popular colors:

• the black;
• white;
• silver.

These are versatile shades that will be acceptable to most people. Traditionally, they are painted, for example, Toyota Camry and Mercedes E – class. Cars of these colors are in demand in both the primary and secondary markets. And they are an order of magnitude higher than cars of other colors accordingly, the likelihood of a quick sale of such cars increases significantly.

Body condition

When inspecting a vehicle, the buyer, first of all, will pay attention to the external condition of the body. Sometimes this factor is almost decisive when you first get to know the car. If, during the operation of the vehicle, you were careful not only to the insides but also to the external appearance, there is no reason for concern.

How mileage affects the price of a car

The odometer indicator affects the price of a vehicle like nothing else. This factor sets the market pricing policy for used cars.

A car whose mileage exceeds several hundred thousand kilometers, even with good appearance and short-term use, can be off-putting. For example, a mileage of at least 150,000 for a 10-year-old Opel or Volkswagen is considered normal, but if a car has run more than 300,000 kilometers or more in 10 years, it will have to be repaired and all replaced with all with manufacturer parts.