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Old Sep 9, 2008 | 11:29 AM
  #1  
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Some of you know that i went through a puddle last week and hydrolocked my motor well it looks as tho im getting a brand new motor. Im putting my headers, cai, ported TB, x-pipe (no cats), corsa exhaust back on the car and getting it tuned again by breathless performance. They are giving me a 3 year 36k warranty on the motor. After this is completed i want to sell the car. Anyone know what it's worth now (after the new motor)? Its an 02 EB z06 the body has 40k miles and is in supurb condition. So if anyone has an idea on what its worth or any offers, lemme know
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Old Sep 9, 2008 | 11:48 AM
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you will normally find that you make more money by putting the car back to stock and selling the mods separately. You will not recoup the cost of the mods via the sale.
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Old Sep 9, 2008 | 11:52 AM
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Originally Posted by J-Rod
you will normally find that you make more money by putting the car back to stock and selling the mods separately. You will not recoup the cost of the mods via the sale.
I tried it that way and lost my butt.
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Old Sep 9, 2008 | 12:40 PM
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well, i cant really put it back to stock, unless i buy a stock exhaust system and intake. so im just seeing what the car is worth. New motor and mods on the immaculate 40k mile body. any ideas?
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Old Sep 9, 2008 | 01:03 PM
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Originally Posted by pottskies
well, i cant really put it back to stock, unless i buy a stock exhaust system and intake. so im just seeing what the car is worth. New motor and mods on the immaculate 40k mile body. any ideas?
you can always make the stock parts a condition of the sale, or you can see if a local shop has those parts cheap. Often stock exahusts are stacked up outside shops I've been too.

As for price

http://www.ls1tech.com/forums/showthread.php?t=973930

Originally Posted by Nineball
As some of you have come to realize, the world of selling modified or performance cars is a rough thing to do. Many times, the owners of these cars price them as the prized possesions that they are (in the owner's mind), and not what a buyer would pay for them. Here are some simple suggestions that might make pricing more realistic for your modified or performance car. Buyers may also use these guidelines to help analyze the asking prices of vehicles they are interested in.

Step 1. Visit www.KBB.com and do a simple analysis on the used car value of your specific vehicle. Do the one for Individual Sale pricing, as well as Trade-In value pricing. Most of the time, the "normal" selling price will fall between these two, but closer to the Individual Sale price. Most people expect to pay "less than book" in order to feel comfortable about a deal. Make sure you are honest about the condition of the vehicle.

Step 2. Write out a list of all your added modifications. Make a complete list of all the aftermarket/upgraded parts on your vehicle. Next to each item, put a price that is a "normal" asking price for that item in used condition. In other words, put a price that you would feel comfortable selling that item used, as if you parted the car out and put it back to stock. Do not include any labor or installation costs for any modifications. Labor is never recoverable when selling these performance items. If you did all the work yourself, pat yourself on the back. If you paid out the wazoo for all this fancy hardware to be installed, tested, tuned, etc... then you will take a loss. For example, if you had gears installed, put the price down for a used set of gears, not how much they cost to get installed. If you have a heavy labor intensive modification, such as a welded 10-point rollcage, its really only worth about 1/3 the original cost to a buyer that wants one. Custom paint jobs are hardly ever recoverable, so the value of paint is almost negligible since the original paint is adequate for most people.

Step 3. Write out a list of known broken or removed items from your vehicle. Put pricing next to each item on what it would cost to replace or repair these known items. If you removed the entire A/C system from the car, or the interior is missing items, or if your alternator is broken, etc... that is what this list is for. If you have the removed items to give to the new owner, that is a bonus.

Step 4. Go ahead and add the used modification parts pricing list to the KBB value found in Step 1. Then subtract the repairs/removed items list from that total. This will give you an *approximate* asking price for your vehicle. Don't be surprised if you find out it is worth much less than you think it is. If it is too low for you, keep your car!

Remember, this is just a suggestion for calculating pricing, it will not always work for every type of vehicle. It does not factor in any rare or collectible vehicles, as the pricing for those vehicles is whatever someone is willing to pay for them. Keep in mind, that most newer vehicles lose their "collectibility" status if there is more than 5,000 miles on the odometer. Most true collectors won't buy a higher mileage newer car. If your car has been wrecked or had any paint work done, this will also affect your overall price negatively.

Thanks for taking the time to read this, and good luck on the sale!
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Old Sep 9, 2008 | 01:13 PM
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Originally Posted by pottskies
well, i cant really put it back to stock, unless i buy a stock exhaust system and intake. so im just seeing what the car is worth. New motor and mods on the immaculate 40k mile body. any ideas?

I don't understand why you would even think of selling it at this point. You are getting a NEW motor, and, if the rest of the car is as nice as you say it is, it will be like owning a car with only a few thousand miles on it. Put a new clutch into it while it's torn apart, and you are set for a very long time.

LO PHAT
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Old Sep 9, 2008 | 01:23 PM
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Have you considered finding a good local shop to replace the LS6 with the LS7? Been considering this since I saw the J. Leno clip where he had that done with his '02 Z.

Where you considering selling it before the mishap? In any event good luck and hope you get back on the road soon.

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Old Sep 9, 2008 | 01:44 PM
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i am 1 month behind on my payment, thanks to lack of payment from my main client (I train racehorses). I will have to pay my deductable and prolly a few grand out of pocket. I am supposed to close on my new house in 3 weeks and my boy is due dec 1st. Im in a bit of a predicament, to say the least. I love my car to death and dont want to sell. I owe 25grand on it and am prolly gonna have to put a few more into it before i get it back. So, anyone know what the approx value is?

btw Z06speed.....i would love the ls7 in my car, to bad im broke

Last edited by pottskies; Sep 9, 2008 at 01:46 PM.
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Old Sep 9, 2008 | 01:59 PM
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I doubt a new motor is going to make it more valuable or increase the value more than $500 or so. Your mods will negate any gain that you would have had from the new engine and a thorough person will want to know why the car had a motor replaced so soon (esp when replaced with a stock motor, a 402,418 or 427 ect is self explanatory but a stock motor will require disclosure from most people. My 1st question would be how much water were you in then I would wonder if it was a flood car. Like someone else said, you should be able to find stock parts easily, at worst case trade straight up for your parts.
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Old Sep 9, 2008 | 03:13 PM
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Sorry to hear about the Z. I just bought an 02 EB Z with 27K on the counter, less than an a month ago and paid 27K. I was watching prices for a few months and that was low. An 02 with 40K and a new motor should sell for no less than $25. I would not take a nickel less if the car is as clean as you say. Good luck to you.
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Old Sep 9, 2008 | 06:09 PM
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Like others have mentioned. I dont think the new motor will increase your value at all. I would probably list it in the 27k range and see if you get any takers. Goodluck
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Old Sep 9, 2008 | 07:34 PM
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should be around 25 maybe 24 at the least
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Old Sep 9, 2008 | 11:11 PM
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how deep was this water? I dont see it being a "puddle"
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Old Sep 9, 2008 | 11:26 PM
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Don't just make an emotional decision. It is just a bunch of nuts, bolts and fiberglass.

I would take the insurance "credit" on the new LS6 and put it toward the build of modified LS3 and get 540rwhp naturally aspirated. Have fun with it.
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Old Sep 10, 2008 | 10:20 AM
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thanks guys...it was literally a "puddle" a clogged drain in a burgerking parking lot!! I will have all doc's stating what happened. So i dont know how someone would think "flood car"? I dont know if im definitely gonna sell. Im just frustrated right now
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