Buying a car is a significant cost for most of us. It’s daunting to think your new car will immediately lose a big chunk of its value as soon as you drive it out of the dealership’s show room.

But by planning ahead and taking care of your car, you can reduce the effects of depreciation and preserve its resale value when you decide to sell. Here’s a few simple steps to make sure you get no ugly shocks.

Step 1 – get the finance right
Car dealership financing can sometimes drive up the cost of the car, so it pays to ask us to shop around for the best loan deal that suits your plans and personal financial circumstances before you go to the dealership. Getting your financing in place first will give you bargaining power, which can help save money on the initial costs….