PDA

View Full Version

: Reselling your modified car


The_AK
01-18-2011, 11:21 PM
So I'm going through all these pages of modified cars and see that a lot of people have put in a lot of money and effort into their cars. However, when it comes time to selling your car, how difficult has it been for people to sell their modified car? And of course we know you're not going to get paid for the additional effort you put into your car or the retail value of the parts. Anyone care to share some stories?

Jgresch
01-18-2011, 11:24 PM
Extremely hard if you're trying to get even half of what you put into it back. Unless you can find someone who understands the money you put it/likes what you've done.....

twitchyzero
01-18-2011, 11:28 PM
plain and simple...a car isn't going to be worth much more than its stock form unless you have OEM mods or mods that's highly sought after...or you did some crazy engine swap provided it was done by a reputable shop.

dachinesedude
01-18-2011, 11:31 PM
dunno bout you guys but i'd rather buy a stock car than a modified car

flagella
01-18-2011, 11:33 PM
Unless you know the person of the modified car or the detailed history of it. I wouldn't mind buying a modified show car instead of a track car. There are some modified cars that I've seen I can obtain and then part out to make some profit.

kyoshiro
01-18-2011, 11:39 PM
dunno bout you guys but i'd rather buy a stock car than a modified car

+1

illicitstylz
01-18-2011, 11:41 PM
couldn't you argue that buying a "modified" car would mean you're buying from a car enthusiast, who would tend to care for their car more than just a regular vehicle owner?

i-vtecyo
01-18-2011, 11:50 PM
^ kinda true, but every owner treats their car differently. There are owners who treats their base model honda/corolla car like a super car and some who dont give a shit about cars. Also works vice versa with modified car owners. IMO i would rather buy a stock car and mod it myself because i enjoy doing my own mods and everybody has different taste.

Renthal
01-18-2011, 11:50 PM
it goes both ways because i've looked at a lot of hack job cars..

TheSalesman
01-18-2011, 11:51 PM
couldn't you argue that buying a "modified" car would mean you're buying from a car enthusiast, who would tend to care for their car more than just a regular vehicle owner?

that depends on who the owner is...
and how modified are we talking here?
There are some really shit box "modified" cars out there.
I think a lot of people keep them depending on how much they've done to it.
But if you really need the money...then they are for sale...

orange7
01-18-2011, 11:55 PM
personally, I think stock cars are more reliable than modified cars. I heard of stories where some people modified their cars so much that everything started to fall apart.

baggdis300
01-19-2011, 12:03 AM
it goes both ways because i've looked at a lot of hack job cars..

lol makes me feel so much better about the work that i do my self

seems so "clean"

heck, i took my is to a shop to get a quote on fender flares and the guy was impressed with the neatness of the air ride install

when looking at some cars

TheSalesman
01-19-2011, 12:38 AM
personally, I think stock cars are more reliable than modified cars. I heard of stories where some people modified their cars so much that everything started to fall apart.

Those would fall under the shit box modified cars with dc/megan/ebay/etc parts on them.
But they're shiny!

toyota86
01-19-2011, 12:40 AM
from experience, stock cars will generally be easier to sell than modified cars. With stock being a baseline, how much more or less depends on the nature of the mod. for example if the car comes with a brand new set of te37 with new tires then it should sell for more provided they fit well and your fenders aren't mangled and nothing is rubbing. however, if the car comes with a set of ugly mismatched wrong offset and size curbed rota with bald tires then obviously it would lower the resale of the car. I guess it really depends on how the buying public perceives the mods. for me, from best to worst. tasteful reversible bolt on> reversible bolt on> non-reversible mod> tasteless non-reversible mod. i always keep the stock parts when i mod. just in case the next owner wants to return the car to stock and to give myself the choice to part out the goodies if needed.

maxxxboost
01-19-2011, 12:56 AM
Cars do not appreciate in value unless it is really rare or a collector car and even then it usually stays in stock form, modding is for your own personal enjoyment and people should know that before spending so much money on their cars.

From personal experience, selling a car stock is so much easier then selling a modded car. One mistake people make is selling off their stock parts thinking they will keep the car forever or something, but once the time comes to sell the car they are SOL.
Another one is buying new parts as opposed to buying used, one must know that if you spend XXX of dollars on the item, don't expect to get a lot back for it. I don't care if it is in brand new condition, it is used and that is that.

It all comes down to how realistic you are, if you are realistic about the price on the modded car, then it will sell fast, if not then it will sit until it rusts....That or you find a stupid kid to buy it.

Gh0stRider
01-19-2011, 01:10 AM
Arash? lol
Posted via RS Mobile (http://www.revscene.net/forums/announcement.php?a=228)

1exotic
01-19-2011, 01:16 AM
personally, I think stock cars are more reliable than modified cars. I heard of stories where some people modified their cars so much that everything started to fall apart.

lol noob

dinamix
01-19-2011, 01:30 AM
lol noob

+ 2
Posted via RS Mobile (http://www.revscene.net/forums/announcement.php?a=228)

Nightwalker
01-19-2011, 01:35 AM
I'm going to be spending the next few months stockifying my car to sell it.

asian_XL
01-19-2011, 03:25 AM
Never buy a car from an Asian woman
Posted via RS Mobile (http://www.revscene.net/forums/announcement.php?a=228)

baggdis300
01-19-2011, 06:27 AM
lol, yeah i ve heard some pretty bad condition bmw's like theres no more pads left, straight metal on metal contact in richmond

Mugen EvOlutioN
01-19-2011, 07:20 AM
just part it out

and its a piece of cake to sell it

gloors
01-19-2011, 07:26 AM
I'd rather put back all stock items on the car I'm selling then part out the goodies I had on it. You get some of the money back that way

Marioo1991
01-19-2011, 07:26 AM
You will almost always get more if you part it out, thats what I did with my EK, ended up selling parts & car for around 8k, probably would have only got around 6k if i sold it with the parts on it. Thats why its always good to keep the stock parts.

TOPEC
01-19-2011, 08:05 AM
There's really only 3 types of buyers out there
1 the type that only looks for stock cars thinkin its mint
2 the type that buys ur car not knowing jack abt the parts u put/used on the car thinking its good shit and just wants to buy it and show it off
3 the type that truly appreciates the parts and efforts uve put into the car, knows what each and every part does, and has done extensive research on ur car/parts

Type 1 is the general population, type 2 is the sucker, and type 3 is super rare to come by

Which type of buyer comes by relly depends on ur luck
Posted via RS Mobile (http://www.revscene.net/forums/announcement.php?a=228)

twitchyzero
01-19-2011, 08:50 AM
while we're on the topic of reliability...if a car was heavily modded and then put back to stock...does it make it reliable as it used to be?

taylor192
01-19-2011, 09:04 AM
dunno bout you guys but i'd rather buy a stock car than a modified car

This is the issue with selling a modified car, most don't want it. Almost all my friends have mostly parted out their cars before selling, since with the mods installed the car would sell at a loss compared to stock.

My car is worth ~$9K stock, yet I doubt I could get $6K for it (save the car insults for fight club! :2finger2:) since the market for a vehicle modded like I have is very small, and I am unable to significantly part the car out.

taylor192
01-19-2011, 09:05 AM
while we're on the topic of reliability...if a car was heavily modded and then put back to stock...does it make it reliable as it used to be?
Often not, the damage has been done - ie bearings/bushing with more wear than normal if the car was slammed. Yet the buyer may not know any better.

taylor192
01-19-2011, 09:10 AM
Cars do not appreciate in value unless it is really rare or a collector car and even then it usually stays in stock form, modding is for your own personal enjoyment and people should know that before spending so much money on their cars.
Even those collector cars can be money pits. I used to attend cruise nights with older gentleman who owned muscle cars. Most of them had bought their current cars from someone else who had put in the hard work, then sold for less than the value added. Those who bought were usually guys who had built a car previously and knew that it is just not worth the time/money they put in, and would rather just buy cars at a discount and drive them now. I admit, I'm of that mindset now. I'd have no problem buying a modded car, yet I would want it at a discount.

BrRsn
01-19-2011, 09:16 AM
I know when my car was stock I drove it easier .... but since I modified it I love beating the shit out of it. When it was stock the shifts were sluggish and sloppy and it sounded like nothing great ... now with a modified suspension, transmission shift kit and some engine mods, i can't help but beat the crap out of it and take corners faster than I used to. It's fun feeling the difference your mods made everytime you drive.

Usually modified car means the owner liked the performance gain (if it was performance mods) and probably drove it hard enough to notice the performance gains.

Z3guy
01-19-2011, 10:16 AM
For me, I like to modify cars for personal enjoyment...however the older I get, my mod list is more focus on actually performance upgrades Vs cosmetic upgrades.

Cosmetic Mods Vs OEM = cosmetic mods decrease the value, especially fiberglass body kits.

Quality Performance Mods Vs OEM = I am talking Volk Wheels, TC Kline Coilovers, eisenmann exhaust, etc...these quality mods should be worth $0.10 on the dollar at best.

Last summer, I sold my modded 2003 E46 M3 for $31K. I only had 55K kms on it, but if my car was stock I think I could have got approx. $28K...so I spend +$25K on mods and got back $3K:)

Death2Theft
01-19-2011, 10:24 AM
I know u guys just want to buy typernammers car.

Mugen EvOlutioN
01-19-2011, 10:28 AM
^


why



:rolleyes:

Mugen EvOlutioN
01-19-2011, 10:29 AM
For me, I like to modify cars for personal enjoyment...however the older I get, my mod list is more focus on actually performance upgrades Vs cosmetic upgrades.

Cosmetic Mods Vs OEM = cosmetic mods decrease the value, especially fiberglass body kits.

Quality Performance Mods Vs OEM = I am talking Volk Wheels, TC Kline Coilovers, eisenmann exhaust, etc...these quality mods should be worth $0.10 on the dollar at best.

Last summer, I sold my modded 2003 E46 M3 for $31K. I only had 55K kms on it, but if my car was stock I think I could have got approx. $28K...so I spend +$25K on mods and got back $3K:)

it woulda been a different story if u parted it out

Z3guy
01-19-2011, 10:54 AM
^ you are absolutely right, if I had half a brain, I should have, I don't why I always have a problem parting out my car....

MindBomber
01-19-2011, 11:47 AM
For me, I like to modify cars for personal enjoyment...however the older I get, my mod list is more focus on actually performance upgrades Vs cosmetic upgrades.

Cosmetic Mods Vs OEM = cosmetic mods decrease the value, especially fiberglass body kits.

Quality Performance Mods Vs OEM = I am talking Volk Wheels, TC Kline Coilovers, eisenmann exhaust, etc...these quality mods should be worth $0.10 on the dollar at best.

Last summer, I sold my modded 2003 E46 M3 for $31K. I only had 55K kms on it, but if my car was stock I think I could have got approx. $28K...so I spend +$25K on mods and got back $3K:)

$0.10 on the dollar if you sell the car modified, but closer to $0.50 on the dollar if you part out. People online are always looking for good deals on quality modified parts.

Personally I wouldn't have a problem buying a modified car, even a heavily modified one, but I would be very thorough in inspecting it. If your buying a modified car from someone with good taste, who clearly invested in nothing but quality parts I wouldn't be concerned that it might have been abused. I wouldn't even consider buying a car with a CAI, exhaust, rims and subs, however.

Mugen EvOlutioN
01-19-2011, 12:12 PM
when i parted my car i got about half of it back if not a little bit more

bcrdukes
01-19-2011, 12:37 PM
Speaking from experience myself, having gone through the whole process. Here are my 2 cents.

I won't go into specific detail but now that I have a modified car, it's tough to sell primarily for these specific reasons:

1. The mods aren't reversible. The body kit is molded and I don't have some of the stock parts. Not only that, if I were to revert certain parts back to stock, there's time/labour cost involved. I have better things to do with my time these days.

2. The market is poor. Depending on who comes along and is interested in pursuing your car, it better be worth market price. Let's face it: The economy is in the gutter. It's a buyers market. Not everybody is a true enthusiast. Oh, and depreciation is still my biggest nightmare.

3. Advancement in technology and reliability. Who in their right mind would want a 10+ year old car? With the newer cars being more reliable, powerful, and efficient, why buy a 15 year old car that's about to fall apart and has little to no service/maintenance history? Personally, I would fork up the extra cash to buy a car that is newer and nicer but again, it depends on what you're after. This is subjective but you get the jist of what I'm trying to say.

That being said however, I would not have a problem buying a lightly modified vehicle given that the stock parts are included and are easy to revert back to stock. That and it must have a service/maintenance and parts purchase history. It all depends on what you're after and whether or not the car you are trying to sell will have a long-term market for such vehicles in the next 3 to 5 years.

twitchyzero
01-19-2011, 12:40 PM
2. The market is poor. Depending on who comes along and is interested in pursuing your car, it better be worth market price. Let's face it: The economy is in the gutter. It's a buyers market. Not everybody is a true enthusiast. Oh, and depreciation is still my biggest nightmare.


I think many people keep forgetting point #2.

bcrdukes
01-19-2011, 12:46 PM
I think many people keep forgetting point #2.

Unfortunately, reality of the fact is that a lot of owners of enthusiast cars put on some kind of Initial D/JDM drift tax on their cars. It's a matter of economics, really. Those who put up their cars for sale with some kind of astronomical 1997 price in today's market will be hard pressed to push a sale. On the flip side, I can highly respect owners who hold on to their cars to ride things out.

hotong
01-19-2011, 12:52 PM
part it out

josel_atr
01-19-2011, 01:56 PM
reselling a modified car as to a "returned to stock" car has both pros and cons, depending how reversible the mods are. heres my input...

"modified"
PROS
- a modified car might have parts that makes the car's condition more desirable to buyers (ie. car alarm, bolt on parts such as intake, exhaust, suspension etc) especially if they're highly sought after mods
- an enthusiast might appreciate your mod/work done, that could potentially be a selling point
CONS
- a buyer might turn away from your car if its modified, because they prefer to choose "stock", so they can mod it themselves as per their taste
- if you are considering a trade in, you should part out regardless since most dealer dont care about your mods/work u put in it

"stock"
PROS
- stock-ifying a car might give you more cash at the end, assuming you kept the stock parts
- you might be able to win a buyers attention, who prefer to buy stock rather modified
CONS
- stock-ifying a car might need a base retune, assuming it ran a tune accordingly to some powah mods
- it takes resources (such as time and money) to reverse the mods that you did, it might not even worth doing it
- depending on the nature of the mod, it might be to the betterment of the car that if you take it out, problems might arise (i replaced my intercooler pipings because the stock ones keeps popping off while on boost FTL)

Great68
01-19-2011, 02:50 PM
With classic cars, restorations to Factory Stock usually have the highest value at car auctions, unless the modifications are done by someone high profile like Foose or Trepanier.

TRD Rs200
01-19-2011, 11:07 PM
I will put it back to stock then sell the car, u'll get more money that way
Posted via RS Mobile (http://www.revscene.net/forums/announcement.php?a=228)