Used cars could ‘decrease in value’ for one reason (Image: Getty)
Motorists could dramatically lose value in their second-hand used car by making one decision that is likely to backfire.
Experts at automotive data firm stressed that with resale values likely to drop.
The specialists stressed that is likely to limit the number of potential buyers.
Modifications can come in two categories with cosmetic changes and and performance upgrades both likely to impact how a car is viewed on the market.
Jeremy Yea, senior valuations editor at stressed the could have on models across the UK.
Cosmetic modifications may put some off securing models (Image: Getty)
He said: “Generally, resale values are decreased by modifications as these are typically designed to suit the taste and style requirements of the original owner.
“The effect of modifications on a car’s overall value depends on numerous factors such as the quality of the work, reversibility of alterations and legality – as unapproved or illegal modifications decrease value and can make the car unroadworthy and uninsurable.
“The overall market appeal is also significantly reduced as some modifications may appeal to niche buyers but limit the overall market for the vehicle.”
“Cosmetic upgrades such as poorly executed paint jobs, body kits, or decals can “significantly reduce a car’s appeal and value”
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This is because some may be immediately put off from looking at the model if it has something they don’t particularly want.
Meanwhile, engine and performance modifications such as ECU remaps or turbos to increase the bhp output can be a
These parts can raise reliability concerns and indicate that the vehicle could be set for potentially high maintenance costs later down the line.
Finally, there is likely to be some concern from used car buyers that some car modifications could even lead to legal concerns.
, some non-manufacturer modifications can invalidate warranty agreements in a major blow to owners.
Meanwhile, some upgrades can also have an impact on car insurance policies with owners of some parts likely to pay more.