Tesla Tip of the Week: How to Keep Your Resale Value High

Tesla Tip of the Week: How to Keep Your Resale Value High
Keeping your electric vehicle's resale value high requires a combination of proper maintenance, responsible driving, and smart purchasing decisions. Here are some tips to help you maximize the resale value of your electric vehicle:
  1. Maintain your vehicle: Regular maintenance is essential to keep your electric vehicle in good condition. Follow the manufacturer's recommended maintenance schedule and keep detailed records of all repairs and service. This can help assure potential buyers that the vehicle has been well-cared for and increase its resale value.
  2. Keep the battery in good condition: The battery is one of the most expensive components of an electric vehicle, so taking care of it is essential. Avoid charging the battery to 100% capacity and letting it drain completely. Instead, keep it between 20-80% charge. Also, avoid exposing the battery to extreme temperatures, as this can affect its performance and lifespan.
  3. Drive responsibly: How you drive your electric vehicle can also impact its resale value. Avoid harsh acceleration and braking, which can put extra wear and tear on the vehicle's components. Also, avoid overloading the vehicle or using it for towing, as this can strain the battery and other components.
  4. Choose the right options: When purchasing an electric vehicle, consider choosing options that will hold their value over time. For example, a higher-end stereo system or advanced safety features may be desirable to buyers and help maintain the vehicle's resale value.
  5. Consider the long-term costs: When comparing electric vehicles, consider not only the purchase price but also the long-term costs of ownership, including maintenance and battery replacement. Vehicles with longer warranties and lower maintenance costs may hold their value better over time.


Above: A Tesla Model S (Image: Casey Murphy / EVANNEX).

Exterior maintenance is also an important factor to consider when it comes to maximizing the resale value of your electric vehicle. Here are some tips for keeping the exterior of your electric vehicle in good condition:
  1. Regular cleaning: Regularly washing your electric vehicle helps to remove dirt, grime, and other contaminants that can accumulate on the exterior. Use a high-quality car shampoo and avoid using abrasive cleaning materials that can scratch the paint. Regular cleaning also helps to prevent rust and corrosion from developing.
  2. Protect the paint: Applying a protective wax or ceramic coating to your electric vehicle's paint can help to protect it from UV rays, bird droppings, and other contaminants. This can help to preserve the paint and prevent it from fading or peeling over time.
  3. Repair scratches and dents: Minor scratches and dents can detract from the appearance of your electric vehicle and reduce its resale value. Repairing these imperfections can be relatively inexpensive and can help to maintain the vehicle's overall appearance. You can also protect your paint from rock chips with Lamin-X paint protective film.
  4. Store the vehicle properly: When you're not driving your electric vehicle, store it in a garage or carport to protect it from the elements. If you have to park it outside, use an EVANNEX custom car cover to protect it from UV rays, bird droppings, and other contaminants.
By following these tips, you can help to keep the exterior of your electric vehicle in good condition and maintain its resale value. A well-maintained exterior can also help to make your vehicle more attractive to potential buyers.