Modifications reduce resale value of car

Pimping your ride makes it harder to sell your car for cash, according to a British auctioneer firm.

As reported on honestjohn.co.uk, the BCA warned people to think carefully when customising their car.

Tim Naylor, PR manager of BCA, said: "The majority of motorists are wary of any upgrades that are retro-fitted, particularly on younger cars, where there are concerns that this might void any warranties... By modifying a standard car you are actually reducing your potential audience of buyers."

He concluded: "If it isn't a factory fit, then it is unlikely to add value and may even cause a steeper depreciation."

The BCA revealed how the most popular upgrades can affect a car's value. They found that mismatched alloy wheels will reduce its resale value. However, on the right car, alloys can add value. Damaged alloys should be repaired before selling the car as it can add up to £200 to the value.

They also said that, because there are so many speed bumps in the UK, buyers "generally do not see the benefit in lowering a car's suspension.'' An increasing awareness has made many motorists fearful that tinted windows might not be completely legal, and whilst they could add £100 to the right car, they're most likely to devalue it.

Naylor added: "While you may fancy lowered suspension, tinted windows and some fancy paintwork, it could cost more than you bargained for... While everyone likes to put their own stamp on their vehicle, we're urging car owners to think carefully before splashing out on something that makes them stand out from the crowd."

Anthony Saint Claire, Llandynan, Ferrari 360

Jennifer Chance, Northampton, Mazda & Nissan Primera