April 20, 2023 at 9:30 AM
We know that buying a van is a significant investment, whether it's for personal or commercial use. That's why we understand the importance of maximising the resale value of your vehicle when the time comes to upgrade or sell. As experts in the industry, we've seen first-hand the impact that proper maintenance and care can have on a van's resale value. In this article, we'll be sharing our top tips on how to make the most of the resale value of your used van.
If you're looking to sell your used van, you'll want to get the best possible price for it. While you may have kept your van in good condition, there are a number of other factors that can impact its resale value.
Generally, the lower the mileage, the higher its resale value, as it implies there’s less wear and tear on the vehicle. Low mileage also indicates that some of its components, such as brakes, suspension system or transmission, have not been heavily used or replaced. On the other hand, high-mileage vans may require more maintenance and repairs, which can decrease their resale value.
A well-maintained van with no significant cosmetic damage would fetch a higher price in the market compared to one with dents and scratches all over. The interior should also be clean and free from unpleasant odours. Buyers will inspect various parts of a vehicle such as tyres, brakes and battery life to determine whether it's worth buying at their desired price point.
Certain brands and models may be in higher demand among buyers, which means they can sell for a higher price on the second-hand market. For example, popular brands such as Ford or Mercedes-Benz and well-known models like Transit or Sprinter are likely to be more sought after by potential buyers than less popular ones.
A well-maintained van with regular servicing and repairs has a higher value in the market than one without any records. Buyers prefer vehicles with documented history, as it ensures that they are purchasing a reliable, roadworthy van.
Start by vacuuming the interior carpets and wiping down all surfaces with a microfibre cloth or dedicated cleaning solution. Don't forget to clean the windows thoroughly inside and out. Pay extra attention to any stains or odours that may be present, as these can be off-putting to potential buyers. Consider using an air freshener or deodoriser to eliminate any lingering smells.
Moving outside, give your van a thorough wash using soap and water while paying attention to any spots or stains on the bodywork. Once dry, apply wax or polish for added shine and protection from environmental elements. Clean the wheels thoroughly using a wheel cleaner solution before applying tyre shine for that finishing touch.
Regular oil changes, tyre rotations and inspections can help ensure your vehicle’s running smoothly and efficiently. Keeping up with these routine tasks can also prevent more costly repairs down the line.
Minor dings and dents in a used van may seem insignificant, but they can significantly reduce its resale value. If you're planning to sell your van, it's crucial to get any minor bodywork imperfections repaired. Even the slightest dent or scratch can make your vehicle look old and shabby.
If you have multiple or more extensive damages, it's best to take your van to a professional repair shop. They'll be able to assess the damage and give you an accurate estimate of how much it will cost.
A well-maintained and stylish interior can make a massive difference in the eyes of potential buyers. Start by giving your van's upholstery a thorough clean or, if necessary, replace it entirely. Durable materials like leather or vinyl tend to hold up better over time and will appeal to buyers looking for longevity.
Another way to upgrade the interior is by adding practical features like storage solutions or entertainment systems. Custom cabinets, shelving units and drawers can help keep tools and equipment organised while on the road, making your van more functional for work purposes. Entertainment systems like DVD players or Bluetooth speakers can also add an extra layer of comfort for long drives.
Tyres are a critical component of any vehicle, and they can have a significant impact on its overall performance and safety. Proper tyre maintenance not only helps your van run better but also extends the lifespan of your tyres.
Regularly rotate your tyres to ensure even wear across all four wheels. This will help extend their lifespan and improve handling performance. Additionally, be sure to periodically inspect your tyres for signs of damage or wear such as bulges or cracks in the sidewall.
Keep your vehicle title, registration, insurance documents and service history organised and readily available for potential buyers to view. A well-maintained service history shows buyers that the vehicle has been taken care of and may increase its resale value. Keep all receipts and records of any repairs or maintenance work done on the vehicle. This will give potential buyers a clear picture of the condition of the van before they make an offer.
In addition, having up-to-date insurance documents can provide peace of mind and reassurance to prospective buyers, as it indicates that you have taken appropriate measures to protect your investment.
Installing safety features not only increases the overall safety of the vehicle but also makes it more attractive to potential buyers. Some examples include a dashcam system, anti-lock brakes, traction control systems and backup cameras.
Gather owner's manuals, spare keys and any additional equipment or accessories. These items may seem small, but they can add value to your vehicle and make it more attractive to potential buyers.
If you're looking to purchase a used van or you’re hunting for minibuses for sale, consider checking out Big Van World. With a wide range of high-quality used vans from popular brands, our van guru experts can help you find a vehicle that meets your needs and budget. Browse our used van selection now.