When it comes to investments, some things—like property or rare collectibles—can grow in value over time. Unfortunately, most cars don’t make the cut. In Australia, the average car depreciates by 10–15% in its first year and about 15% annually after that.

This decline in value depends on factors like the car's make and model, mileage, and market demand.

While depreciation is unavoidable, keeping your car in great condition can slow the rate and help retain its value.

*Here are 1Wheel’s top three essential tips to help you get the most out of your vehicle: *

1. Prioritise regular maintenance.

Scheduling regular servicing is key to your car's performance and longevity. Addressing minor issues early can prevent costly repairs down the track. Plus, a complete and well-documented service history is a significant selling point for future buyers.

2. Look after the exterior and interior.

A car’s appearance can have a big impact on its perceived value. Regular washing and waxing can protect your car’s paintwork from dirt, grime, and UV damage. Parking in the shade or using a cover helps minimise wear, too. Inside the car, keeping the cabin clean and using seat covers or floor mats can prevent signs of daily wear and tear.

3. Manage mileage.

High mileage is one of the fastest ways to decrease a car’s value. Combining trips, carpooling, or using alternative transport options can help keep the odometer down and the resale value up.

By following these simple tips, you’ll ensure your car stays in top condition for longer. Whether you’re planning to sell or just enjoy a smoother ride, taking care of your vehicle is always worth the effort.