Lifestyle

The Best Practices for Maintaining Your Car’s Value

Published

3 years ago

October 21, 2021

Second-hand car sales are booming right now, and at the best possible time – with new car availability dwindling, the value of second-hand vehicles is on the rise. The market shows no signs of slowing, making the future very bright for used car sales. But you can’t rely on the market alone to sell your car. If it isn’t in the best possible condition, it will still depreciate a significant portion of its initial value. But with these simple steps, you can maintain your car and its value at the same time – ensuring your car sells for the highest possible price.

Keep It Clean

Hoovering your car might not sound like a sure-fire way to keep it from losing value over time, but failure to keep up with simple cleaning tasks can quicken the wear of certain materials. For example: if dirt remains baked into your foot-well carpets, the fibres in your carpet will suffer over time, especially if they receive continual use. Worn interiors cut into your car’s value, and re-upholstery can be expensive. So be sure to keep up with regular car cleans, interior and exterior.

Grime left unchecked on your exterior windows can become a problem if hardened – an action as simple as switching on your windscreen wipers could result in a scratched windscreen. Something as simple as keeping your car in the shade can prevent the paintwork from fading, keeping your car looking new as possible prior to re-sale.

Keep It Serviced

Whether or not you’re selling your car, it is crucial that you send it in for regular servicing. This way, you are more likely to discover any potential issues with your car before they present themselves – usually as a nasty noise or smell, meaning they’ve caused further damage in the process. For example, timing belts or cam belts are very important for regulating the mechanical elements of your engine, and are recommended to be replaced every 4 years or 40,000 miles. Cam belt failure can cause serious problems with your pistons, and a service would be sure not to miss a cam belt due for replacement.

By that same token, booking your car MOT before sale can be beneficial to the sale. While it may seem counter-intuitive to spend money on your car before selling it, being able to advertise the car as having passed a recent MOT is a big bonus to buyers – not only indicating that it runs fine, but also that they don’t have to book their own for a while.

Keep It Stock

An easy way to accidentally throw money away in a used car sale is to keep your car modified. Used car buyers are usually looking for a car in pristine original condition, and extras such as a new stereo system or modified bodywork like spoilers and flared arches – while themselves expensive – are more likely to turn buyers off, and force you to lower your price in the process.

Keep Your Fluids Topped Up

Last but certainly not least, be sure to check your fluids regularly. Oil is especially important for your engine, and regular top-ups and oil replacements can keep it ticking over like new for some time. Brake fluid is also important to monitor, and even your coolant fluids can have a marked effect on your engine’s performance.

Lifestyle

From Wealth to Fields: A Billionaire’s Commitment to Small Farmers

Published

2 weeks ago

July 11, 2024

Michelle Langton

In recent years, billionaire Stefan Soloviev has transitioned from the world of New York real estate to the fertile farmlands of the American West.

His journey from urban wealth to rural development showcases a unique dedication to revitalizing small farming communities and transforming the agricultural landscape.

A New Vision for Agriculture

Stefan Soloviev, son of the late real estate tycoon Sheldon Solow, has amassed a considerable amount of farmland across Colorado, Kansas, and New Mexico. Soloviev’s agricultural enterprise, Crossroads Agriculture, spans over 400,000 acres, making him one of the largest landowners in the United States.

This substantial investment is not merely a financial venture; it represents a commitment to supporting and empowering small farmers in these regions.

Soloviev’s approach to farming is characterized by his desire to move away from competitive practices that often leave small farmers struggling. Instead, he emphasizes collaboration and sustainability.

By leveraging his resources, Soloviev aims to create a farming environment where smallholders can thrive alongside larger operations. This philosophy is particularly evident in his strategic acquisition of the San Luis & Rio Grande Railroad, a critical transportation link for agricultural products in the region.

Revitalizing Rural Communities

Soloviev’s impact extends beyond farmland acquisition. His purchase of the San Luis & Rio Grande Railroad at a bankruptcy auction for $10.7 million highlights his broader vision for the agricultural sector.

This railroad, previously owned by Iowa Pacific Holdings, connects the San Luis Valley to the national rail network, facilitating the efficient transport of goods and boosting local economies.

The acquisition is seen as a positive development for the San Luis Valley, with Soloviev’s Colorado Pacific Railroad expected to be more community-focused and supportive of local initiatives compared to the previous owners. This includes potential cooperation with local recreational projects, such as the proposed Heart of the Valley Trail, which aims to integrate rail and trail use for community benefit.

Soloviev’s dedication to the region is also reflected in his willingness to work with local stakeholders to address community needs. His approach contrasts with more traditional, profit-driven business models and underscores his commitment to fostering a sustainable and inclusive agricultural ecosystem.

Building a Sustainable Future

Soloviev’s investment in the Colorado Pacific Railroad and the broader agricultural infrastructure is part of a long-term vision to create a more resilient and sustainable farming community. By improving transportation networks and providing support to small farmers, he hopes to mitigate some of the challenges these farmers face, such as market access and transportation costs.

Moreover, Soloviev’s initiatives are seen as a way to preserve and enhance the rural way of life, which is increasingly threatened by industrial farming and urban encroachment. His efforts to balance economic viability with environmental stewardship demonstrate a nuanced understanding of the complexities of modern agriculture.

In conclusion, Stefan Soloviev’s transition from urban real estate mogul to a champion of small farmers is a testament to his innovative and community-oriented approach.

His significant investments in farmland and infrastructure, coupled with a commitment to sustainability and local engagement, are paving the way for a brighter future for small farmers in Colorado and beyond. Through his efforts, Soloviev is not only transforming

the agricultural landscape but also setting a precedent for how wealth and resources can be used to foster positive change in rural communities.