Generally, cars lose value over time. This is especially true in the first few years of ownership. However, classic or vintage cars can be exceptions!

Some brands are known for reliability or specific features, making them more desirable and holding their value better. Similarly, certain car models might be more popular or exclusive, impacting value.

The lower the mileage, the higher the value. This is because a car with fewer kilometers is generally considered to be in better condition.

The overall condition of your car plays a big role. Scratches, dents, and worn interiors will affect the value compared to a car in near-mew condition.

Regular maintenance with a documented service history shows potential buyers you’ve taken good care of the car, increasing its value. Conversely, a history of accidents or major repairs can lower the value.

Location, time of year, and overall car popularity can influence perceived value. If there’s a high demand for your car compared to available options, it will likely hold more value.