For many car owners, the temptation of customizing their cars to make it more unique seems too great. They spend so much time and money on their cars because they see it as a means of expressing themselves.
Modifying your car can improve performance and aesthetics. But there are some important things you need to consider before doing so. Here are some of them.
We all know that pimping your ride could prove costly. The problem is, a lot of car owners fail to factor in the add-ons, routine maintenance and how much the unexpected costs pile up.
You just bought a new lowering kit and had it installed. You can’t wait to brag about your car to your friends. Suddenly, disaster strikes and you found out that you need an intercooler. Unfortunately, this will set you back by a thousand dollars. If you choose to modify your car, make sure that you factor in the extra cost into your budget.
Modifications such as tinted windows, body kits and alloy wheels may not seem like a big deal, but insurance companies think that these increases the risk of your vehicle being stolen; hence, increasing your insurance premium dramatically. Other modifications such as nitrous oxide injection system or a new exhaust system may also be a cause of concern. These can increase your risk of accidents, so you’ll have to insure the vehicle at a higher premium.
Before you make any modifications, check with your insurance company and find out their policy. Also, make sure that any car modification, no matter how small, is reported to your insurer. Should you experience a problem or get caught in an accident, the insurance company may claim that this was caused by the modification. That means you’ll have to pay for the repairs yourself. This is not an ideal situation to be in when you’ve been involved in an accident.
Modifications don’t increase your car’s value
It’s completely understandable to want to make your car a little cooler, faster and unique. You want to do some modifications on your vehicle because you want it to reflect your personality more. Unfortunately, these pricey add-ons can make your car less appealing to others; making it more difficult to sell.
If you want to customize your car, go ahead and do so. But you need to determine what your reasons are for doing so. If it’s for individuality, then adding some very personal touches is the way to go. But if you have plans of selling your car in the future, don’t expect to make a big profit out of it.