Smokers can take a hit of up to £2,000 ($2,700) when they trade in their cars, according to HPI, a U.K. vehicle-data and valuation specialist.
The two main drags smoking has on a vehicle’s value are physical damage to the interior and smell, something many smokers often are unaware of or think can be eliminated by using an air freshener, HPI says in a news release.
Cleaning the car can cost up to £150 ($201) and still is no guarantee that the vehicle will smell sufficiently fresh, he says. “In severe cases, the internal fabric and head cloth may have to be stripped out, too – a process which can run into hundreds or thousands of pounds, depending on the extent of the smell and the type of vehicle.”
Also pulling down trade-in values is the cost of repairing any marks, stains and cigarette burns to the dashboard and upholstery.
HPI issued the news release ahead of Stoptober, the U.K.’s 28-day stop-smoking challenge that runs until the end of October.