How do mods affect resale value?
Dec 31, 2007 | 07:38 AM
Burning Brakes
Joined: Sep 2007
Posts: 1,212
Likes: 2
From: fort hood tx
you know the old saying! (my loss your gain) that pretty much says it all right there.
Dec 31, 2007 | 08:25 AM
Melting Slicks
Joined: Nov 2007
Posts: 3,475
Likes: 10
From: Wake Forest NC
you lose.
Figure you'll lose about 20% from had you left it stock.
Dec 31, 2007 | 09:28 AM
Drifting
Joined: Oct 2004
Posts: 1,664
Likes: 0
From: Sonoran Desert of Arizona
NONE, if you were trying to sell it to me. if it isn't all original it has decreased in value imho.
Dec 31, 2007 | 09:38 AM
Drifting
Joined: Oct 2005
Posts: 1,943
Likes: 18
From: Henderson NV
Quote:
Originally Posted by
Phanni
Putting mods on a Vette is like adding a swimming pool to a house, you limit the potential buyers when you do it.
Unless you live in the Desert
Dec 31, 2007 | 10:05 AM
Le Mans Master
Joined: Jan 2004
Posts: 9,488
Likes: 1,743
From: Knoxville Tn
Quote:
Originally Posted by
Pizzano
Unless you live in the Desert
Even in the desert some folks don't want the hassle of the upkeep.
Dec 31, 2007 | 10:10 AM
Burning Brakes
Joined: Jun 2006
Posts: 1,118
Likes: 0
From: Chesterfield MO
St. Jude Donor '06-'07-'08-'09-'10,'13-'14
Quote:
Originally Posted by
jlbruggeman
In other words, (and I've done it!), before you sell the car, pull the mods, sell them on ebay, and get about the same for the car without them.
Dec 31, 2007 | 10:11 AM
Race Director
Joined: Oct 2007
Posts: 14,108
Likes: 26
From: 4th on the list of top 100 in USA Ga.
Quote:
Originally Posted by
J.P.M.
Lets be blunt here.
You will never get back all of the money you put into the car in regards to Mods!
People that buy these cars like them stock as the taste of yourself will sometimes clash with the taste of others.
I think you will get around 20% back of what you put in the car when it comes time to sell it
Not like improving a house where the value goes up, a blue/black book is the deciding factor here along w/milege.
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