Luxury Sedan Owners Reveal Secret to Ultimate Resale Value
Factors Influencing Resale Value
Several factors play a crucial role in determining the resale value of a luxury sedan. Brand reputation is paramount; brands like Mercedes-Benz, BMW, and Lexus often have higher resale values due to their enduring appeal and reliability1. Additionally, the model and year of the vehicle, mileage, condition, and service history are significant contributors. Regular maintenance and keeping detailed service records can enhance a vehicle's resale value significantly.