6 Ways to Preserve the Value of Your Car
Let’s face it: cars are expensive. And if you’ve bought your dream car, you want to do what it takes to care for it and to preserve its resale value. But do you know exactly what you can do to protect your car?
We spoke to a few experts who gave us the following insightful tips.
Be Kind to Your Brand New Car
You may feel tempted to show off your new car when you pull it off the lot, but be patient at first. The first 1,000 or so miles, are known as the “break in period” of a brand new car, so it is important to follow the manufacturer’s instructions and keep your speed below the recommended limit, which is usually 55 mph. At the same time, do not exceed 3,000 rpms. Cars should never be left to idle for long periods, but it is especially important during the break-in period.
It would also be best to avoid heavy loads on the drive train by limiting what you put in the trunk and roof rack, and don’t tow trailers during this period.
Choose a Good Insurer
Accidents happen, no matter how careful you are, so be sure to choose a good insurer, who will only use reputable repair centers if the need arrives. Also, this will ensure that repairs are guaranteed and that original and manufacturer authorized parts are used.
Keep a Log
A car log is a great way to keep tabs on your car’s health. By making a note whenever you fill-up gas of the mileage, you will be able to see if the gas mileage worsens, which is an early warning sign of potential problems.
Be Gas Savvy
Before filling up, ask whether the gas is filtered at the pump, and how often the station replaces pump filters. If you don’t get satisfactory answers, find another station. The last thing you want is dirty gasoline in your new car. But there’s more – there are some stations that do not properly mix fuel and alcohol, and some water down the gas, which can have devastating consequences.
When you see a gasoline tanker filling up the tanks at your station, avoid filling up there for a few days. The turbulence of the filling process can stir up sediment, which can clog up your car’s fuel injectors and fuel filters, which can result in poor performance at best, and potential repairs.
Take the Load Off
If your car key shares the chain with several other keys, it can cause ignition switch failure. Rather separate the car’s key from the others to lighten the load, and to ensure you drive only with the car key in the ignition. The first sign of ignition switch failure is when your ignition key sticks when you try to turn on the car.
Avoid Unnecessary Wear and Tear
Although many of the tips above will help reduce wear and tear, avoiding unnecessary mileage can also go a long way to avoid possible accidents and weather damage to the exterior of your car. If you have to move across the country, consider shipping your vehicle instead of driving it all the way. Use a car shipping calculator to determine how much you can save.