Car Paint Protection Film (PPF): Importance, Types and Advantages

Posted on: Aug 2, 2023 | | Written by:

Car Paint Protection Film (PPF): Importance, Types and Advantages

Published on August 01, 2023. EST READ TIME: 3 minutes

While owning a car, several things constantly come to mind. Protecting the vehicle from all hazards is the only goal of car owners. Car owners wish to care for everything from major accidents to minor scratches. This is where car paint protection comes into the picture. Have you heard of ppf cars? This thermoplastic urethane film helps ensure extra protection for the car from minor abrasions. With the help of a ppf car, you can save your car from major depreciation costs.

In most cars, car paint protection is often applied directly to manufacturers' car parts and accessories. It is most commonly applied in areas more prone to scratches, such as the external body, side mirror, bonnet, etc. You can also get this applied from professionals at the car service station.

Depreciation costs of electric cars vs petrol car

One important thing to consider while buying a car is its resale value. This value is dependent on the depreciation cost of this car, which means how fast the rate of the car decreases. The question arises: Will the depreciation costs of electric cars vs petrol cars be the same? The direct answer to this question is no. Let us understand why.

Regarding electric vehicles, at least 50% of the vehicle cost is due to the battery only. This is the main factor that determines the depreciation cost. On the other hand, in the case of petrol vehicles, the depreciation cost largely depends on the internal combustion engine.

The battery life of the electric vehicles is about 5 years. However, the life of the internal combustion engine is 10-15 years. Based on this, the depreciation cost of electric vehicles must be higher than that of petrol vehicles. However, here is where market demand comes into the picture. This is the second most important factor that determines the depreciation cost. The demand for electric vehicles is higher than petrol vehicles. In India, the average depreciation cost of electric and petrol vehicles is the same. This is per the scheme laid out by the Insurance Regulatory and Development Authority of India (IRDAI).

Factors that affect the depreciation cost of electric cars vs petrol cars

The two main factors discussed above that affect the depreciation cost of electric cars vs petrol cars are battery life and market demand. Based on these two factors, the average rate of the car can be determined. However, many more factors contribute to understanding the final depreciated cost of the car. These differences also affect the car insurance policy. Let us learn more about the factors that affect the depreciation cost of electric cars vs petrol cars.

Car model and type

This is one of the most important factors determining the vehicle's depreciation cost. The car model and type determine the demand and value it has in the market. Moreover, the year of manufacturing also plays an essential role in understanding the car model. The older the car is, the lesser the value. However, an exception to this factor is vintage cars.

Condition of the car

If you plan to sell your car, you must maintain its current condition. Taking car insurance can help you ensure that your car stays in the best quality despite minor accidents or unfortunate events. It is important to know about comprehensive insurance downtime protection.

Pro tip - It's important to have comprehensive insurance downtime protection in case of unexpected events. No one wants to experience a loss of income or productivity due to unforeseen circumstances like equipment failure or natural disasters. With downtime protection, you can rest assured that you'll be covered for any lost revenue or expenses incurred during downtime. It's always better to be safe than sorry, so ensure you have the right insurance coverage to protect your business.

Mileage

The more you have driven your car, the lesser its value will be. This is because the more you drive the car, the more is the usage of the engine.

Service history of the vehicle

To ensure that the vehicle is in prime condition, it is important to get it serviced regularly. If you don't get your vehicle serviced, there might be additional problems in your vehicle's engine, such as heating problems, battery problems, clogging etc. These factors may cause the vehicle's cost to get reduced with time.

Emissions of the car

People comparatively prefer vehicles with a higher emission rate. These vehicles do not pass the quality check by the government. At the same time, people are getting more conscious about the environment. Thus, vehicles with a higher emission rate have a depreciated cost.

The physical condition of the car

The car's physical condition plays a major role in determining the car's selling price. Cars without dents or scratches in original condition have a higher price. This is where car paint protection plays an essential role. It helps in protecting your car from minor damages and scratches. This further helps maintain the car's overall cost when you wish to sell the car.

The car protection film is an essential investment for any car owner. It provides an extra layer of protection against scratches, chips, and other forms of damage that can occur on the road. The film is designed to absorb impact and prevent damage from occurring to your car's paintwork. This is especially important if you have invested a lot of money in your vehicle, as it can help to maintain its value over time. By protecting the exterior of your car, you can also help to maintain its aesthetic appeal. The car protection film is a wise investment that can provide long-lasting benefits for your car's appearance and value.

Conclusion

PPF car has many advantages and benefits. It helps ensure your car is free from minor scratches and debris marks. With the help of this additional film, protect your car and get a brand-new feel. At the same time, having comprehensive insurance downtime protection can help protect your car in case of major accidents and helps you maintain the quality of your car. Thus, these two things can help you save your car's depreciation value.

Disclaimer: The above information is for illustrative purposes only. For more details, please refer to policy wordings and prospectus before concluding the sales.

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