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Small outlay big profit
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| Even a new set of wheel trims go a long wayto the sales price. |
Cleaning a car before putting it up for private sale can add up to £600 to its value, according to the used car experts behind Glass's Guide to Car Values.
And it only takes a few hours and a relatively small amount of money to get the results which will help to achieve a healthy premium. EurotaxGlass's has revealed that, by presenting a car in prime condition, a private vendor can increase the chance of securing a sale at their desired price, and remove the need to deal with low offers and stressful haggling.
"Private buyers are easily put off by a dirty car - they think it is unloved and poorly maintained, and will feel justified in offering a lower price than the seller would like," says Jeff Paterson, Chief Car Editor at EurotaxGlass's. "A thorough wash and polish and a comprehensive interior clean can really improve a vehicle's appearance and add hundreds to its value in the private market.
A very well presented, three-year-old, lower-medium-sized car like a Ford Focus or a Vauxhall Astra might realise an additional £300, while a six-year-old example would still be worth at least £150 more. For a one-year-old, upper-medium prestige car - a BMW 3-Series,for example - the premium could be as much as £600."
| Selling your used car? You should clean up! | |
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The advice from EurotaxGlass's is timely given the current level of competition in the used car market. "The introduction of the new 08' registration plate in March brought a considerable number of part-exchanged vehicles on to dealer forecourts," explains Paterson.
"With a significant volume of cars now available on the second-hand market, private sellers are urged to do all they can to make their own vehicle stand out from the crowd. A clean car will create a good first impression, which can be vitally important in winning over potential buyers.
A car not only has to look clean, however - it also has to look cherished, as Paterson explains. "At around £40 a professional valet could be a sound investment to help boost a vehicle's appeal and resulting sale price, and could be crucial if the car is being sold by a smoker.
10:14am Friday 9th May 2008
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