How Is Your Vehicle's Resale Value Affected By its MOT Result?

Vehicle ownership has been increasing in the United Kingdom every day. And being a vehicle owner living in the UK makes it your duty to get its MOT taken. MOT, which is a mandatory test for all the vehicles here stands for the Ministry of Transport test. This test is conducted by the DVSA which is a body of the United Kingdom government. And this being a test means that fail and pass are the end result of this. Many would take the failing result for this test very lightly but don’t know how much this can affect various aspects of your vehicle. So, in this blog, we will be discussing how a vehicle’s resale value and the trust of a buyer are affected by having a failing MOT certificate. 

Impact Of Failing MOT on your Vehicle’s Resale Value 

If you are thinking of buying a new car and already have one then most people would decide to sell their old one so that they can have some money in hand to pay for the new car. But if you are a resident of the United Kingdom and here you are reselling your car, then the buyer would always look how the condition of the car and whether its components are working properly. This is also the work of MOT and having a failed certificate of MOT Newcastle upon Tyne is proof that your vehicle is not in proper condition and you have not maintained it properly. 

This would then lead the buyer to ask you for a lesser resale price as you don’t have a properly managed vehicle and there might be an issue with some of its parts. You can also say that a passing certificate of MOT is like a validation certificate that you have a well-maintained car. People nowadays don’t just look at the mileage and speed of the vehicle when they are buying a 2nd hand car. Nowadays, the MOT certificate has also become an integral part of it. 

MOT History on Your Fingertips 

One thing which has been impacted a lot of with the advancement in technology with the MOT its information has become accessible to everyone. No matter if you are buying a vehicle or don’t even own a vehicle, you can take the help of the official portal introduced by the United Kingdom government where you can find information about all the vehicles of the United Kingdom MOT. You don’t even have to enter any credentials. All the website requires is that you enter the registration number of the vehicle and you will get all the data and the complete history of a vehicle’s MOT till now. This has made it quite easy for the buyers to check out the data themselves and as this is an official government portal, the information provided here will also be correct. 

Some Reasons For MOT Failure Leading To Decrease In Resale Value 

Here is a list of some of the most common reasons for the failure of MOT which leads to a lesser resale value for your vehicle: 

  • Braking System 

Whenever someone buys a vehicle no matter if it is new or second-hand, they want the brakes of that to be perfect. As not having proper brakes can lead to compromising your safety when you are driving the vehicle, it can also simultaneously affect the resale value for it. As it can cause doubts in the minds of the buyers that your vehicle’s brakes are not good. 

  • Suspension System 

If you don’t get regular car servicing Newcastle upon Tyne, then your car’s suspension system’s working can be heavily impacted. This can also lead to your vehicle failing its MOT which then leads to a decrease in the resale value of your vehicle. The reason for that is if the suspension is not good then there will be less comfort for the driver when driving the car or an unpleasant riding experience for the passengers.

  • Issues Related To Lighting System 

Another really common issue that you might overlook but your buyer won’t be if the lights of your vehicle are working properly. If there is a record of your vehicle frequently failing its MOT just because there is some issue with the light, then this will showcase your carelessness in your vehicle maintenance leading to the buyers doubting that if the other parts would be in good condition or not.

Conclusion 

MOT certificate nowadays is not just a simple piece of paper issued by the government to check your vehicle’s condition but has become an important part of your vehicle’s documentation. So, failing the test is not an option for you. You also don’t have to stress out about this as this is not that tough. All you need to do is make a few pre-MOT checks and the chances of your vehicle passing the test will increase. So, prepare for your vehicle’s MOT properly this time and make sure that you pass and have a chance to get a better resale value for your vehicle. 

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