{"id":1342,"date":"2011-11-25T09:43:16","date_gmt":"2011-11-24T23:43:16","guid":{"rendered":"http:\/\/blog.privatefleet.com.au\/?p=1342"},"modified":"2020-06-20T01:51:26","modified_gmt":"2020-06-19T15:51:26","slug":"protecting-your-vehicles-resale-value","status":"publish","type":"post","link":"https:\/\/www.privatefleet.com.au\/blog\/home\/protecting-your-vehicles-resale-value\/","title":{"rendered":"Protecting Your Vehicle's Resale Value"},"content":{"rendered":"

Protecting the of your vehicle is not only prudent but necessary in attaining the right lease package for you. One of the major costs in owning a motor vehicle is <\/span>depreciation. A car is a depreciating asset. It seems like an oxymoron \u2018depreciating\u2019 – \u2018asset\u2019. In fact it is quite straight forward. The car is the \u2018asset\u2019 and the aging process is \u2018depreciating\u2019 its value to the next buyer.<\/p>\n

By simply thinking ahead and planning your purchase and taking a modicum of care in its condition you can save yourself hundreds or even thousands of dollars.<\/p>\n

By projecting the resale value you can also determine an appropriate \u2018residual payment\u2019 or balloon payment for your car finance<\/a>. This will set your monthly payments and allow you to avoid any unexpected surprises when it comes time to sell and\/or refinance your vehicle.<\/p>\n

You should also take the vehicle itself into account. Do your homework on the make and model you want. Also include such factors as reliability and practicality into account. A family of 5 does not fit into a cabriolet – It may look good in the office car park, but your own bed at night is always warmer!!<\/p>\n

Other important qualities in retaining resale are to look for a slightly used, demonstrators or end of model\/year run-outs. They can save you thousands with only minor kilometres that can still be fully leased.<\/p>\n

If you are time poor, weary of the \u2018car salesman\u2019 or simply a novice; seek professional help<\/a> in obtaining the vehicle you have chosen.<\/p>\n

Another trap many people fall into is the monumental catastrophe of colour choice. Bright yellow belongs on Ferrari\u2019s and Fiat 500\u2019s not a family CX-9.<\/p>\n

Watching the current market leading trends is also important, such as the decline in purchases of large vehicles and the increasing popularity of diesel and LPG driven family sedans.<\/p>\n

And finally before you do trade-in your current car assess any minor damage as a cost to your sale price. Sometimes a minor scratch will be over looked but smelly internals and\/or stained seats may need a steam clean to increase the appeal to a future buyer. You will also have to weigh up the time involved in a private sale verses a trade-in price. Generally you will get a little more in a private sale, but this may take up time you do not have. Do what is best for your situation.<\/p>\n

Thinking ahead with a clear head is the best way to increase your re-sale value of your car. Likewise selecting an appropriate residual value will protect you from having a shortfall payment at the end of your lease. Private Fleet<\/a> consultants can create a tailored finance package which takes all these aspects into account for you including an appropriate lease term, residual payment and cost of ownership packages.<\/p>\n

For an explanation of how it works watch the video<\/a>.<\/p>\n

 <\/p>\n

http:\/\/credit-n.ru\/potreb-kredit.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Protecting the of your vehicle is not only prudent but necessary in attaining the right lease package for you. One of the major costs in owning a motor vehicle is depreciation. A car is a depreciating asset. It seems like an oxymoron \u2018depreciating\u2019 – \u2018asset\u2019. In fact it is quite straight forward. The car is […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1342","post","type-post","status-publish","format-standard","hentry","category-home"],"_links":{"self":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/1342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/comments?post=1342"}],"version-history":[{"count":6,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/1342\/revisions"}],"predecessor-version":[{"id":12399,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/1342\/revisions\/12399"}],"wp:attachment":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/media?parent=1342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/categories?post=1342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/tags?post=1342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}