When it comes to buying or selling a used car, the vehicle's service history can play a crucial role in determining its value and reliability. For buyers, it provides insight into how well the car has been maintained, and for sellers, it can increase buyer confidence and help secure a better price. This article will explore why a service history is important, what to look for, and how it impacts the car’s resale value.
Why is service history important when buying a used car?
1. Indicates proper maintenance
A full service history shows that the vehicle has been maintained regularly according to the manufacturer’s recommendations. This can include oil changes, brake checks, tyre rotations, and major services at key mileage intervals. A well-maintained car is less likely to have hidden mechanical issues, giving buyers greater peace of mind.
2. Reveals the car’s health
The service history can uncover potential problems, such as recurring issues or major repairs. It provides transparency about what’s been fixed and when, helping buyers assess whether the car is worth the investment.
3. Protects the warranty
For cars still under warranty, the service history is essential. Most warranties require that vehicles are serviced regularly and at authorised centres. Missing services or unapproved repairs could void the warranty, leaving buyers unprotected.
4. Helps buyers negotiate
If the service history shows skipped maintenance or delayed repairs, buyers can use this information to negotiate a lower price. Conversely, a comprehensive history justifies the seller’s asking price.
Why is service history important when selling a used car?
1. Increases buyer confidence
Buyers are more likely to trust a car with a documented service history. It reassures them that the vehicle has been cared for and is less likely to have costly surprises.
2. Justifies a higher asking price
A complete service history can add value to your car. It demonstrates that the vehicle has been well-maintained, which can justify a higher selling price compared to similar cars without documentation.
3. Speeds up the sale process
A car with a full service history tends to sell faster. Buyers appreciate the transparency and are more willing to commit to a purchase when they know the car’s history.
What should you look for in a service history?
- Consistency: Ensure the records show regular servicing at the manufacturer’s recommended intervals.
- Authorised centres: Look for servicing done at reputable or authorised workshops, especially during the warranty period.
- Major repairs: Check for records of significant repairs or parts replacements, such as timing belts or brake systems.
- Receipts and stamps: Confirm the service book is stamped, and receipts match the dates and mileage recorded.
What if a car doesn’t have a service history?
While it’s possible to buy or sell a car without a service history, it comes with risks:
- For buyers: You’re essentially purchasing the car “as is,” without knowing its maintenance record. Consider negotiating a lower price or investing in a professional inspection, such as those offered by RedBook Inspect, to uncover hidden issues.
- For sellers: Be prepared for buyers to negotiate harder or take longer to sell the car, as the lack of records can deter interest.
How RedBook Inspect helps buyers and sellers
At RedBook Inspect, we specialise in providing peace of mind for both buyers and sellers:
- Comprehensive inspections: We thoroughly check the car’s mechanical condition, even if the service history is incomplete or missing.
- Detailed reports: Our expert vehicle inspectors provide detailed inspection reports to give buyers the confidence they need and sellers the assurance their car is in good shape.
- Video walkthroughs: Our inspection packages include video walkthroughs to showcase the car’s condition transparently.
- Trusted experts: With over 15 years of experience and operations across major Australian cities like Melbourne, Sydney, Brisbane, Adelaide, and Perth, we’re the go-to service for used car inspections.
Final thoughts
A service history is one of the most valuable tools for buyers and sellers in the used car market. It provides insight into the car’s past, ensures transparency, and builds trust. If you’re considering buying or selling a used car, but the service history isn’t available or you want extra assurance, booking a professional inspection with RedBook Inspect can provide the confidence you need.
Ready to buy or sell with confidence? Book your RedBook Inspect service today!