A vehicle’s trade-in value is determined by how preferable the used car is in the market. A car in good condition, with an accident-free history, and has not had many owners will have a higher trade-in value. One of the most important factors in trade-in value is whether it was correctly and regularly serviced. If the vehicle’s owner had an auto warranty, it was most likely serviced properly and regularly because the owner did not have to may for many of the repair and maintenance costs.

Appraisers determine the value of a vehicle that is being traded-in based upon many things. They will take into consideration whether or not maintenance was properly and regularly done on the car. Also, they will consider any major repairs that were done on the vehicle. Cars that were under a warranty tend to have less mechanical issues due to the owner not having to worry about the cost of repairs and therefore performing repairs in a timely fashion. Dealers want to sell these vehicles on their lots because they are reliable. Reliability is important to people who are looking to buy a vehicle that is used.

To ensure that your vehicle has a good trade-in value, get your car serviced regularly and get necessary repairs done in a timely fashion. If you want to avoid excessive maintenance and repair costs, it is a good idea to buy an extended auto warranty.