Sat-nav extras will pay for themselves
Adding optional extras can affect a car's resale value more than many Brits may think, with some options even paying for themselves when you come to sell your motor, car valuation experts at Glass.co.uk have revealed.
Glass's also warns that some extras may add no value at all and in some cases, especially "DIY" extras such as self-fitted stereos, can dramatically reduce a car's value. The sat-nav has become the stalwart extra on many new cars, especially luxury models, and is something many Brits just can't live without.
According to Glass's, this makes a sat-nav a smart investment when you buy a new car and in many cases will pay for itself when the car is sold. For example, installing a sat-nav entertainment system onto a new Audi Q3 might set you back £500. But if you sell your car two years later it will be worth £500 more than one without the sat-nav, meaning you've enjoyed a great extra at no additional cost.
The smart buys don't stop there. Bluetooth systems which allow drivers to connect devices such as mobile phones to their car wirelessly also see very high demand among buyers and will usually retain 50 per cent of their value over three years – so a good extra to have. But there is some pimping your pocket could do without. Added extras such as 21-inch wheels and rear entertainment systems on the Audi A8 will set you back a huge £3,500 and £3,800 respectively and offer little to no resale upside.
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In both cases you'll lose much of this investment when it comes to selling.
Additionally, safety systems such as brake and lane assist can surprisingly add no additional value to a car when motorists come to sell it.