Tag Archive | "depreciation"

Furry Dice To Make A Comeback?


Since the dawning of time a certain portion of the population have modified and pimped their rides. Some customisation jobs make you look at the car and driver and wonder what exactly they were thinking of and from which brain disease they were suffering. The addition of many spoilers and spinners do not make for a better car and, even for the most basic of models, resale value is sure to be reduced; unless, of course, the seller can find an equally idiotic buyer.

In the same way that neutral colours are supposed to be beneficial in the sale of houses, so a conservative outlook with your car will ensure it can be promptly sold. This is what happens when a buyer, in the interests of giving his new car purchase a bit of individuality, goes overboard with the options list. The market dictates, for example, that boring silver cars hold their value whilst green and maroon ones lose money faster than a fallen favourite. White cars – formerly described by dealers as ‘60 day white’ because of the difficulty in shifting them off the forecourts – is now the most popular colour. Tastes change but nobody wants pointless pimping.

Unless you have an ear of such fine tune that only the finest harmonics will do, there is no good reason for speccing-up the sound system or fitting some after-market job. At resale time, it will not add value and neither will over-the-top leather trim options, odd colours or massive sparkly alloy wheels. Although they may look good, ordering larger wheel options can defeat the object. Bigger wheels cost more in tyres, may make the ride less comfortable and are easier to kerb, causing costly damage. Even complex climate control systems, good as they are, don’t add value. Everybody expects some basic air-con these days (how ever did we manage before it?) but most buyers won’t be looking specifically at that option when researching their purchase.

There are, however, some options which will help to keep value in your precious wheels. If it’s not fitted as standard, a buyer will always find a satellite navigation option in the lists. Here in the UK we like our sat-navs. Many drivers have foresworn paper maps in favour of clip-on devices but it looks so much better if the system is built in. The built-in option always seems to be eye-wateringly expensive compared to mobiles but most of that money will come back at sale time, so it’s quite a smart investment.

Bluetooth, another invention which makes one wonder what life was like before it, is a must. These days most so-called infotainment centres have it built in and will pair with one or more mobile phones stashed about ones person. Then there’s reversing sensors – they make sense on any vehicle. Quality, useful extras of this type will always help a car to depreciate less.

It pays to be careful what you order. Think about the options before you specify them and ask yourself if they will add value. And the furry dice? Not a problem when it comes to resale because you just untie them from the rear-view mirror and fit them straight into your new motor. Stylish.

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