Your vehicle's value is constantly dropping, but you have control over how fast it falls. Protect your investment by avoiding these **7 major depreciation pitfalls**.
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While mileage is necessary, these first three things are directly related to your habits and care, and they have the biggest impact on your trade-in offer.
Ignoring your vehicle's maintenance schedule is a massive red flag. Mechanics can always tell when a car has been **neglected**—which drops the value significantly.
The smell is incredibly hard to eliminate. Because fewer people smoke, the market is highly intolerant of a smoked-in vehicle, often resulting in a **major valuation hit**.
Not only will you **not get your money back** for add-ons, but significant modifications often **decrease the value** by limiting the number of interested buyers.
Be aware of these factors, both controllable and uncontrollable, that determine what you'll get for your car on the trade-in market.
A lack of **oil changes** and routine care is easily detectable and will severely penalize your trade-in value.
If your manufacturer goes out of business (like Pontiac or Saturn), your vehicle's value will **definitely take a dive** due to parts and service concerns.
Driving more than the standard **12,000 miles per year** will inevitably mean a lower value, even on a new car.
Cosmetic flaws, small or large, make a vehicle look beat up and **unattractive to buyers**, directly decreasing its appraised value.
Some models or **colors are simply unpopular**. If you own an undesirable car, don't expect a high value, as demand is low.
The **hard-to-remove odor** will cause the value to drop significantly, as buyers will almost always avoid a smoked-in car.
Enjoy your upgrades, but know they are more likely to **decrease** your trade-in offer than increase it. Most buyers want a stock vehicle.
“**Jared Casper** gave me a fair appraisal and explained exactly how the lack of maintenance records affected my trade-in value. The transparency was appreciated.”
— Happy Seller near 503 Broadway Haverhill Ma 01832
The single most important factor you control is regular, scheduled **maintenance**. Skipping oil changes and repairs will drastically decrease value.
Mileage significantly decreases value. If you drive more than the average **12,000 miles per year**, expect a lower value regardless of the vehicle's age.
Generally, no. You rarely recoup the cost of modifications, and they often **decrease the vehicle’s value** because they limit the number of potential buyers interested.
Significantly. The odor is very difficult to remove, and buyers are increasingly intolerant of smoked-in vehicles, leading to a major **reduction in trade-in offers**.
When paperwork is prepared, many guests finish quickly. **Jared Casper** coordinates steps so your time is respected.
Yes. Your details remain with **Autofair Subaru** and are never shared until you approve next steps.
Ready to trade in your current vehicle? **Jared Casper** offers honest, transparent appraisals that take all these factors into account to give you the best possible offer.
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