An expensive car on the driveway adds thousands to a property's price

More than one in 10 people would hire a luxury car to park on their driveway when putting their property on the market

The smell of freshly baked bread and a nice neat front garden? According to a study by Avis, these pale beside the effect of a premium car in your driveway on selling your home.

Its survey showed that more than a third of the 2,000 people  questioned believe that a posh car parked on the driveway would add an average of £4,300 to the asking price (or up to £6,100 in Wolverhampton) and indeed help sell it too.

More than a third said that a snazzy car would give them the impression that it was a desirable area to live in while 17 per cent admitted it would make the home seem more attractive.

Indeed, around 12 per cent say they have considered hiring or borrowing a luxury car to park outside their home when putting it on the market - half that figure have already done so to impress prospective buyers. In the 18-24 age group, this rises to 18 per cent.

According to the Avis study, people in Swansea are the most likely to hire a car to add value to their homes followed by those in Leeds and then London.

Nearly half would use a Mercedes this way to add value, while just over a quarter would use an Audi and a further one in four would plump for a BMW. Convertibles are the most popular vehicle type, followed by saloons, then 4x4s.

"The driveway is one of the first things a potential buyer sees when viewing a property, so dressing it with a head-turning car naturally helps set the right first impression," said Miles Shipside, Housing Analyst at Rightmove. "In fact, previous Rightmove research shows four out of 10 people make a decision that it’s the house for them before they go beyond the hall, so those early first impressions are very important to turn possible buyers into probable ones."

Discover more property articles at Homes and Property
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