A car is a huge investment. The cost of the investment is not just the sticker price on the window of the car. The cost of gas, insurance, maintenance, depreciation, and an auto warranty are all included as well.

Fortunately, cars that are made today are designed to run for about 15 years and over 100,000 miles.

Even though some costs, like new car warranties, insurance, and fuel cannot be controlled by the consumer, the owner of the car can maintain it properly in order to improve the car’s value when the time comes for it to be traded in.

A properly maintained car can add thousands of dollars more to its sale price. The money you get from selling it can be put towards purchasing a new car.

Studies show that approximately 50 percent of motorists keep their vehicles for one to four years. Therefore, people should be aware of their car’s true value when it is time to sell it.

Overall, it is smart to take good car of your car. Purchase an auto warranty so that you can make necessary repairs and properly maintain your vehicle without hesitation. When it is time to sell your car, you will be happy you took good care of it.