When trading in a vehicle, the seller will always be trying to maximize the amount of money it can be traded in for. However, certain decisions over the span of ownership can potentially hurt the value of the vehicle when reselling.
Emma Newman (@emma16newman) reveals what type of vehicle is typically a no-go to trade in at her dealership, which she says hurts her soul. She documented this story in a TikTok that generated over 3,750 views as of this writing.
“One thing that hurts my soul in the car sales industry as a car enthusiast is modified cars,” she begins.
You would think that putting more money into the car should increase resale value, right? Well, generally not the case for most car mod enthusiasts.
“Whenever someone trades in a modified car or attempts to trade in a modified car, they’re like, ‘I did $20,000 of work to this car. I'm kinda expecting more for the retail.’ It’s like, dude, banks won’t even loan on that,” she shares.
