How Modifying Your Car Can Hurt Its Resale Value: 5 Big Problems You Might Face | Features

How Modifying Your Car Can Hurt Its Resale Value: 5 Big Problems You Might Face

Car modifications can make your car look cooler, a head turner or perform better, but they often come with hidden downsides as well, especially in India and when you have plans to sell it. Here are 5 major issues that can affect your car’s value.

1. Difficulties with Insurance

Modified cars are hard to get insurance for. Even if you had insurance before modifying your vehicle, the company might refuse to cover damages after the modifications are made. In most of cases, claims are rejected if the insurer wasn’t informed of the redesigning or modifications.

2. Loss of Warranty

Most manufacturers void your warranty the moment you modify the engine, suspension, or even the electronics. So, if your car faces any mechanical issues, you’ll be paying from your own pocket and the amount you have to pay for the repairing might dig a hole in your wallet.

3. Depreciation in Resale Value

Car enthusiasts love to customize or modify their cars to show off or just to make the vehicle look aesthetic. During this process, they completely ignore the fact that the amount they are spending on it, will not come back to them when they go to sell their car in the market. In fact, some of them don’t want a heavily modified car, as they worry about reliability, performance issues, or legal troubles, but even the smallest change outside of the car brand may drop the car’s resale value sharply, sometimes even lower than a well-maintained stock version of the same model.

4. Higher Maintenance Costs

Modifying your vehicle means a higher amount invested and performance upgrades usually lead to more wear and tear. Stronger brakes, altered suspension, or remapped engines need more frequent servicing, which adds a hefty amount to your maintenance expenses.

5. Legal Trouble

In many parts of India, certain modifications, like extreme exhaust systems, altered headlights, or structural changes, are completely illegal. If caught, you could face heavy fines, or your car could be seized, your registration could be cancelled or all of these can happen together, depending on the state rules.

For more interesting stories, keep reading Times Now Auto.

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