The value of a car starts to drop the moment it leaves the lot—and it happens quickly. On average, vehicles lose about 20% of their value within the first year, and depreciation can reach nearly 40% after five years. Fortunately, there are strategies to help slow this decline.
Staying on top of regular maintenance is key to preserving your car’s value. Routine tasks such as oil changes, tire rotations, and scheduled inspections keep the vehicle in excellent shape, both mechanically and aesthetically. Following professional maintenance recommendations can greatly enhance the car’s lifespan and appeal to future buyers.
Another effective tactic is to keep thorough records of all services and repairs. Documenting dates, mileage, and the work performed shows potential buyers that the car has been well cared for, making it more attractive when it’s time to sell.
It’s also wise to consider a vehicle’s potential resale or trade-in value before purchasing. Consulting automotive specialists can provide useful insights into market trends, helping you make better decisions when upgrading.
For more advice on protecting your car’s value and getting the most out of your investment, check out the infographic below.
Content created by Capital Auto Auction, a trusted car auction company
