Retrofits diminish value
Retrofit add-ons can destroy used car values, according to Glass’s
‘The impact on values can be significant’, said Andy Cutler, forecast values editor at Glass’s, ‘a recent example being a 2011 registered Seat Leon 2.0 TSI 5dr at 55,000 miles that was ostensibly worth £6,610 which sold for just £5,700 in the trade. Apparently, this was because of its aftermarket tinted windows and non-standard alloy wheels.’
He continued ‘On the other hand, original factory fitted optional extras, such as larger alloy wheels and tinted rear windows, actually have a positive effect in general on resale value because not only do they visually improve the look of the car but they are trusted by buyers and won’t look out of place on the forecourt.’
