Selling A Modified Car?

How do customised cars fair during a resale? Will the modifications add extra interest and value, or simply put buyers off altogether?

Considerations before modifying your car

Below are the main considerations buyers take into account before purchasing a modified car.

Insurance

Insurance companies make certain assumptions when you take out a new policy with them. As far as insurance companies are concerned, your car is exactly as it came from the factory. If the car is heavily modified and not declared, you run the risk that insurance will not pay out in the event of an accident. As well running the risk of a higher insurance premium due to having a modified car.

Warranty and service plans

All cars come with a warranty. Most vehicles these days are also sold with a service plan as standard, with some higher-end products covering even more than the routine services with comprehensive plans. Yet with modifications, there’s a high risk of voiding manufacturer warranties and service plans, so if the modified car is newer and still under warranty, the buyer has to assume that the warranty may be useless, and therefore voids any value the warranty would have added.

Reliability

Performance modifications will generally make your vehicle less reliable in the long run due to the additional strain endured by its various components during higher speed, acceleration or ‘extreme’ usage over the years. With this in mind, buyers then have to judge whether the car has been modified professionally or not. In many cases modifications are done by the owners at local garages and not at official modification specialists, further lowering the reliability of the vehicle and casting further doubt in the buyer’s mind.

Selling Your Modded Car

If you're looking to upgrade your car, you may be wondering, "What is the best way to sell a car?" Often, the biggest problem with selling a modified car is finding a buyer. As mentioned in the above section, modifying your car can significantly refine your buyer base. It’s fair to say that most domestic buyers who are in the market for a new vehicle are looking for something a little more predictable than a modified car.

Luckily, we provide a quick and simple service that allows you to sell your car to us. Simply begin by filling out your car details on our car valuation page, enter your Registration Number along with some other simple details and find out how much your car is worth.

At your appointment, you can sell your modified car to us quickly and easily, just be sure to bring as much of the service history and relevant paperwork as possible so we can see what work has been carried out on the vehicle.

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