Elephant.co.uk Reveals the Factors Affecting Car Value

            Elephant.co.uk Reveals the Factors Affecting Car Value

  PR Newswire

  CARDIFF, Wales, October 19, 2012

CARDIFF, Wales, October 19, 2012 /PRNewswire/ --

As well as a poor service history, lack of MOT and high mileage, motorists may
be surprised to learn everyday spills and stains, dog smells and cigarette
burns could affect the value of their car.

New research by car insurance specialist elephant.co.uk has revealed small
steps such as taking time to thoroughly mop up spills, putting a blanket down
for pets and making small repairs to the interior will help ensure motorists
get maximum value when they come to sell their car.

elephant.co.uk talked to its network of approved repair garages to ask what
they consider to be the things that can affect the value of a car. Smaller,
less obvious faults like stained or ripped upholstery, cigarette burns and dog
smells appeared in the list as well as more obvious factors such as lack of
MOT, poor service history, high mileage, unrepaired damage to the body and
seats and poor paintwork.

Managing director of elephant.co.uk Brian Martin said: "It's certainly common
knowledge that a poor service history or lack of MOT will affect the amount
you can ask for your vehicle when you come to sell it but our research has
shown how smaller details matter too.

"I would certainly advise motorists not to cut any corners when it comes to
looking after their cars. Even simple things like protecting your seats from
pets or cleaning up spills can make a difference to the market value of your
car."

elephant.co.uk also asked the garages in their approved networks how they
thought motorists could maximise the value of their car. Keeping the vehicle
interior clean and fresh, keeping the fuel tank full, having two sets of keys
for the car and even having a full set of mats and mud flaps will all add
value to a vehicle, as will a low number of previous owners and the car being
taxed for a full year.

Brian Martin continued: "When selling a home, most of us would make sure it
was clean, tidy and in as good condition as possible, and the same goes if
you're selling your car. Whether that's privately or part exchange, take a
look at our lists and see if there's anything you can do to maximise the price
you get."

About elephant.co.uk:

elephant.co.uk is a trading name of EUI Limited and is part of the Admiral
Group plc. elephant.co.uk was launched in August 2000.

elephant.co.uk specialises in providing car insurance online. elephant.co.uk
targets 17-35 year-olds living in cities, who traditionally pay higher
premiums for car insurance. elephant.co.uk is proud to support Tusk throughout
2011.

elephant.co.uk writes its motor insurance business to a consortium of
insurers, these being:

a.Admiral Insurance Company Ltd
b.Admiral Insurance (Gibraltar) Limited
c.Great Lakes Reinsurance (UK) plc

elephant.co.uk's salesline is +44(0)800-118-1644 - open from 8am to 11pm on
weekdays, from 9 am to 8pm on Saturdays, and on a Sunday between 10am and 8pm.

PR Contact: Natalie Grimshare Elephant.co.uk Capital Tower Greyfriars
RoadCardiff CF10 3AZ +44(0)29-2043-4333 http://www.elephant.co.uk
 
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