OEM Parts Retain Your Vehicle’s Resale Value
If you want to invest in a new or used vehicle, you’re probably also thinking about the resale value of your current model. Your vehicle’s resale value is affected by many factors, including age, mileage, appearance, and the quality of its parts. At Indy Car Financing, we want to help our customers keep the resale value of their vehicles as high as possible, which is why we recommend using OEM components when parts need replacing. Our experts have highlighted what can commonly affect your car’s resale value, and why OEM parts are your best bet for maintaining its market price.
Common Factors That Affect Your Vehicle’s Resale Value
There are a variety of factors that go into determining a vehicle’s resale value. The following examples are the most common that can be easily taken care of if you’re trying to sell your vehicle for the most money possible.
- Interior Appearance: The condition of your vehicle’s cabin is very important to a buyer. A clean, well-kept interior shows that you have put in effort to keep your vehicle looking its best. A good detail job can definitely raise a car’s resale value.
- Mileage: Unfortunately, no matter how good a car might look and drive, its overall mileage often determines a significant portion of its resale value. The lower the mileage, the higher the resale value.
- Aftermarket Parts and Accessories: Customizing your vehicle and replacing certain components with aftermarket parts can negatively impact the resale value of your vehicle. To ensure the best resale value, OEM parts are always the best choice, since they maintain the design integrity of a given model.
Why OEM Parts Retain Your Vehicle’s Resale Value
Since OEM components are manufactured to meet the stringent quality standards set by the manufacturer and are guaranteed to fit your vehicle perfectly, there’s a much lower risk of those parts failing. Also, OEM parts come with a manufacturer warranty, so that they can be replaced within a year of purchase at no extra cost. They may be a little more expensive to purchase, but they will retain your vehicle’s resale value overall.
Indy Car Financing Can Help You Finance Your Next Vehicle Purchase
If you’re interested in investing in a new vehicle and trading in your current one, let Indy Car Finance help. We offer a variety of services and work with customers that have good credit, bad credit, and even no credit at all. To find out more about financing with us, contact our professional associates at 855-468-6215.