For many, a car is more than just a mode of transportation; it’s a personal statement. Modifying a car can be a way to express individuality, but it’s essential to be aware of the potential drawbacks. Before making any changes, it’s crucial to consider the impact on your finances.
One of the most significant concerns is the potential impact on car insurance. If you modify your car after securing a policy, the insurance company may refuse to cover any damages. Many car owners fail to inform their insurance providers about modifications, leading to claim denials later.
Modifications can also void your car’s warranty. Changing the engine, suspension, or electronics can void the warranty. If your car develops a mechanical issue, you’ll be responsible for the repair costs, which can be substantial.
Another important factor is the impact on the car’s resale value. While modifications may enhance the car’s visual appeal, the money spent on them may not be recouped when selling the car. Many buyers prefer unmodified cars, fearing potential performance issues or legal complications.
Moreover, certain modifications are illegal in India and can result in heavy fines, car impoundment, or even cancellation of the vehicle’s registration.