For anyone in the market for a new car, SUV or truck from Peruzzi Mitsubishi, there’s one word you need to keep in mind: “depreciation.” It’s simply a reality with any new vehicle as it will lose some value (up to 50% in the first three years) because of everyday use, wear and tear. Depreciation will factor into the equation when it comes time to sell or trade in your Peruzzi Mitsubishi vehicle. Fortunately, the Peruzzi experts offer these helpful ways to slow depreciation and maintain as much of your vehicle’s value as possible.
START WITH SOME HOMEWORK
Not all cars and trucks are created equal. Before you buy, research those models that best hold their value down the road.
SIZE MATTERS
You may automatically assume that “bigger is better,” but when it comes to depreciation, larger vehicles tend to lose value at a faster rate. Fuel efficiency is another factor that impacts future value. One more thing – cars that aren’t “neutral” colors tend to be harder to sell later on.
CONSIDER WHERE YOU LIVE
Certain options and features that you choose will likely appeal to the future buyer of your vehicle. For example, all-wheel drive and heated seats are a few things that drivers in our area will appreciate during a Northeast winter.
KEEP AN EYE ON THE MILEAGE
Cars that have high mileage are harder to re-sell. It will help your wallet if you sell or trade in that car before the odometer rolls over to a “high” number.
BE STRICT ABOUT ROUTINE MAINTENANCE
Wear and tear will naturally take its toll on your vehicle. However, keeping to regular oil changes, repairs, tire rotations, and tune-ups will help it to hold more value in the long run. Peruzzi Mitsubishi can set you up with regular reminders and quick, efficient service.
Being aware of the “depreciation” factor – and being proactive about minimizing it – is a smart move when you purchase your new vehicle from Peruzzi Mitsubishi. Let us help you make the most of it!
