Fix those dings, says auction house

  • Poorly prepared cars can could cost sellers up up to £500
  • Service history and up to date documentation vital
  • Unrepaired dings will cost up to £250 per panel

Motorists are losing up to £500 when they sell their car because they are not preparing them for sale properly, according to new research.

Figures from Manheim Auctions revealed that one in ten motorists are not fixing the dings, which is costing them cold hard cash.

Little imperfections allow buyers to negotiate on the sale price and once they are all added up the seller is left way short of his or her asking price.

Damage to alloy wheels could reduce the value by as much as £50 to £150 per wheel, cracked headlights lop off values by £75 to £150, windscreen damage will devalue a car by up to £300 and even poorly maintained carpets and upholstery can cut as much as £350 off the asking price.

Unrepaired minor accident damage can affect the value by up to £250 per panel and if documentation is absent, such as a service history, buyers should expect up to £500 being knocked off the value.

Craig Mailey, Client Services and Marketing Director at Manheim Auctions, said: "It's imperative motorists do everything they can to maximise what their car is worth. No-one wants to buy a dirty car and you need to do as much as possible to create ‘kerb appeal'. Investing in preparing your car for sale will save you money in the long run and ensure your car achieves the best resale price possible."