Factors That Make Used Car Prices Drop – Some of us definitely want to have a car that can be used every day. But not everyone can buy and own a car at a cheap or affordable price. You don’t need to worry, you can buy a used car that has a lower price. But also identify some things that make the selling price go down. But before actually selling it, first make sure the car has high quality. If not, the price estimated by the used car dealer will drop.
Here are some things that make the selling value of the car plummet.
1. Colors Other Than White and Black
Obviously Fischer, used car colors are still a favorite is white and black. That’s why they dare to estimate it at a competitive price.
However, because of this, there are consumers who first change the color of their car before selling it. Of course as an effort to make the selling value of the car high. For example, changing the color of the car from red to white.
That price was destroyed, that’s for sure, it was found out from BPKB that there was a note or the original color on the invoice showed.
Second, mileage. The higher the mileage of the car, the more the price can drop drastically, and vice versa. If the odometer number is still fairly normal, the price is still competitive.
“Km is the most dominant, which is normal for medium to low cars of 15 thousand a year, middle to upper 10 thousand km. Above that there is a reduction,” explained Fischer.
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3. Vehicle Tax is Late
No less important is related to the maturity of vehicle taxes. When the time to sell it is getting closer to the maturity date, then the estimated price can be low.
Low in terms of below market price. This is to cover the cost of paying taxes when the car has been sitting for a long time at the dealership.
Not to mention the consideration that people who want to buy it must be prepared to spend more to pay taxes.
4. Collision Marks
Used car crashes are also one of the variables in the value of falling cars. Moreover, the impact of the impact to change the structure of the frame.
Fischer said the depreciation of the price ranged from 30 to 40 percent of the market price.
“It’s definitely going down, but for us, if you just hit the bumper, it’s not a collision, it’s still acceptable,” continued Fischer.
5. Former Flood
Similar to former collisions, cars that have a history of being affected by floods will also be cheaply priced by used car dealers, even though they have been previously restored or repaired.
“The flood also caused the price of used cars to fall, depending on the level, the range is 10 to 15 percent decline,” Fischer concluded.