Automotive Tips

Jiffy Lube Provides Tips for Selling Your Vehicle

for_sale_signAre you thinking about selling your vehicle? If you do, there are many things to take into consideration. One of the points to evaluate is when to sell based on the mileage, so we’re including the below information that we found from the following link “when to sell a used vehicle”:

  • 30,000-40,000 miles: sell your vehicle before the factory warranty expires and the first major service is due, usually around 36,000 miles.
  • 60,000-70,000 miles: save money on new tires and brakes if you sell before the odometer registers this much mileage.
  • 100,000 miles: selling before this milestone may attract more attention from online buyers conducting searches for vehicles with mileage below the 100,000 mark.
  • 100,000 + miles: consider other factors (discussed below) such as appearance and how well the vehicle has been maintained when determining the price for a vehicle beyond the 100,000 mile point.

Now that you understand how mileage affects your vehicle’s value, you’re better equipped to price it right. But, before you set a firm price, consider how these other factors may influence its worth.

  • Appearance matters: wash, wax, vacuum and spot clean the interior, clean the windows, and gloss the tires of your vehicle to help it look its best.  Consider steam cleaning the engine if you really want to get top dollar.
  • Maintenance sells: keep a notebook with maintenance records and receipts of services like oil changes. Buyers like to know a vehicle has received regular care consistent with manufacturer’s recommendations.

After considering the above tips, you probably are curious how to price your used vehicle, and to assist, there are a variety of online services to get an estimate of value. For your convenience, we have provided a list of some of the better-known services at the end of this article. You can also get prices from businesses such as CarMax or other used car lots by taking your vehicle by in person.  Once you have arrived at your price be prepared to stick it out and let some buyers walk away. At the same time, you should normally expect to get a little less than your asking price.

Remember that staying up to date on routine vehicle maintenance like oil change services and having the written records and/or receipts to prove it, will help you sell your vehicle for a better profit. No matter when you plan to sell, we encourage you to stop by a local Southern California Jiffy Lube for routine maintenance, so when it does come time to sell, you’ve prepared for getting top dollar.

Used (and New) vehicle pricing tools:

Cars.com – Book Value

ClearBook – Vehicle Value

Edmund’s True Market Value (TMV)

Kelley Blue Book – Guides

NDNA Guides – New and Used Prices

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