(1888PressRelease)
March 24, 2008 - In the first year of ownership, a brand new car will suffer on average, a 43% loss of value. Car value continues to depreciate even further and in the third year of ownership the car will have lost around 60% of its value. As a result many car buyers decide to buy cars that are nearly new, having already depreciated to a half of their original price. Excluding the curbing of mileage other things can be done to reduce the depreciation of your car.
The most simple and basic advice is to keep your car clean. This is easy to say but if the car is to truly benefit from maintenance it is advised that professional valeting service should be used. Your average multi storey car park cowboy who will wash a car for 5 pounds may remove the dirt from your car, but the remaining scratches as a result of poor professionalism and incompetency will do nothing but reduce your car’s value. As it goes consumers are normally washing their cars once every fortnight. It is recommended by carvaleter.com that you wash your car every two weeks and get a full valet every month. As it goes consumers are normally washing their cars once every fortnight. Upkeep of averagely priced cars (£8,000-£16,000) with the use of a professional valeting service can save you up to £2,000, and around £4,000 on executive cars (£20,0000+).
Why not try out our new Car Value Depreciation Estimator You can use it to estimate the depreciation of any car
Car Value Depreciation Estimator
Car Valeter www.carvaleter.com
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