Can I make modifications and add aftermarket parts to a financed car?

I want to make some mods to my car, including bigger wheels and a body kit. Can I do this if I'm financing the car?

Answer
“The lender is only a lienholder on the vehicle, so you’re the actual owner. You can do whatever you want to it.
Keep in mind that many aftermarket parts, especially those perceived as outlandish by others, may actually lower the value of the vehicle, even if you spent a ton of money on them.
In addition, you need to call your insurer and tell them what type of modifications you’re making to your vehicle, as failure to do so could void your auto insurance.”
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Eric Schad
Answered on May 05, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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