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What Adds Value to a Used Car Price?

There are lots of different factors that can affect the price of a used car. In fact, different items can actually raise a vehicle's value. And if you're planning on selling your car, it's important to know how to get the best price! In general, these things can add value to your used car:

LOW MILEAGE: No matter what year your vehicle might be, low mileage is a big selling point for lots of folks. Having less-than-average miles on your car can add value and increase the bottom-line price of your auto. A car with 50,000 miles, for example, is valued much higher than the same car with 100,000 miles on the odometer.

THE RIGHT EXTRAS: Some extras won't add much value to your car. Things like a mega-expensive stereo system or heated seats probably won't significantly increase the value of your car. However, you should have enough extras to make your car standard in today's industry. A CD player, for example, is practically a must-have, as is air-conditioning.

GAS USAGE: With today's high fuel prices, cars that get great gas mileage are in high demand. If your car has a special fuel-saving feature, it'll raise it's value for anyone interested in saving on gas costs.

APPEARANCE: When it comes to use cars, appearances do count. That means a nice interior without holes, nicks or cracks. An exterior with no dings or dents and an unmarked paint job also improves a vehicle's value. Any type of damage--a dent in the fender, a crack in the rearview mirror--will negatively affect your car's value.

RECORDS: If you've kept good records for your car, such as oil change records and other maintenance papers--chances are someone will pay a little bit more for your vehicle. Used car buyers know that a car's condition is important, so having a record of quality car maintenance can be worth a little extra.