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What
can also hurt your car's ability to garner top dollar down the
road? The Blue Book editors say the color of your car is just
one of those things. It's easy to sell a white, black or silver
car. Some variations of red and blue are o.k. Pick a green, purple,
yellow or orange vehicle and you will likely hurt your chances
of getting the maximum value when selling or trading the car in
later. Vogelheim says personalizing a car with custom paint work,
aftermarket products or other wild modifications also make the
car less desirable to others. "Sometimes we see people putting
thousands of dollars worth of aftermarket options and customization
into a vehicle and it's likely that they'll never get it back.
The very things that personalize the car for you can make it less
desirable to a broad customer base when you sell it later."
The
Blue Book editors recommend looking for the following items in
a new car to assist in slowing its depreciation:
- Choose
colors like black, white and silver
-
Make sure the vehicle has power windows, power door locks, tilt
wheel and cruise control
- Alloy
or premium wheels
- CD
player
- If
the model has an upgraded engine option, the larger engine will
most often hold value better
- Remote
entry
- Leather
In
today's Blue Book you can often add value to your car if the following
options are included:
| Sun
Roof/ Moon Roof |
Leather |
| ABS
(Automatic Braking Systems) |
CD
Player or Disc Changer |
| Premium
Sound System |
Roof
Rack* |
| Alloy
Wheels |
Third
Row Seating* |
*These
options add value on wagons, SUVs and other vehicles as appropriate.
Kelley
Blue Book's new car pricing and used car values are the most accurately
and frequently reported on the Internet today. All Kelley Blue
Book values are based on data obtained from manufacturers, dealers,
auction data, remarketers and consumers via a feedback tool on
the company's Web site, kbb.com.
Kelley
Blue Book values take into consideration the region of the vehicle,
its engine, transmission, trim style, optional equipment, current
mileage and current condition. In addition to actual vehicle details,
other considerations that determine a vehicle's value include
the current economy and supply and demand. Kelley Blue Book reports
factual and timely data reflecting the current marketplace for
consumers, financial institutions, governmental agencies and the
automotive industry.
For
more information on Kelley Blue Book values, see www.kbb.com. (...BACK)
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