OEM vs Mods Value?
Le Mans Master
Joined: Sep 2014
Posts: 5,278
Likes: 539
From: Kelowna BC
I'm with dbgoodwin on the fact that it's better than a mod red interior, but still way too much for me. I think the average buyer would prefer stock black. I'd advertise it "as is" with the option to return it to stock on request (if that's not too much work). You'll broaden your buyer base stock IMO.
Drifting
Joined: Jan 2012
Posts: 1,883
Likes: 76
From: Portland OR
Race Director
Joined: Sep 2005
Posts: 11,060
Likes: 291
From: Pasco WA
I think the mud flaps reduce the value more than the garish interior. BTW, it's not a collector car. I just don't like the yellow accents, but I do like mod red interiors, if they're on a black, red, or white car.
Pro
Joined: Aug 2014
Posts: 508
Likes: 59
From: Oscoda Michigan
If I were looking at your car as a buyer I would deduct what ever the cost of returning the interior to stock would cost. It is a VERY nice car and who knows you may find the right buyer that like those mods. Mike
Team Owner
Joined: Apr 2016
Posts: 26,040
Likes: 157
I hear this all the time..... If you found a chick, knowing you were going to be an item for a couple of years and the looks of your next girlfriend were directly related to the frequency of banging this one would you still have the same attitude?
I can t remember the last girlfriend in my life where I thought this is cool till I can get a better one. Cars??!....different story
Last edited by Murray Anderson; Aug 22, 2016 at 07:13 PM.
Burning Brakes
Joined: Jul 2010
Posts: 959
Likes: 50
From: Peters Colony Republic of Texas
Mods fall into several categories.
1. Things the factory could have done but didn't (ie. the column lock).
2. Personalizations. Some will like it but some will be put off. These limit your market.
3. Performance mods. These tend to scare me a little since I don't know if it's been driven hard, the history or what to expect.
I think what you have is tasteful and I would pick yours over another if I were into yellow. As you can see, not everyone feels the same.
1. Things the factory could have done but didn't (ie. the column lock).
2. Personalizations. Some will like it but some will be put off. These limit your market.
3. Performance mods. These tend to scare me a little since I don't know if it's been driven hard, the history or what to expect.
I think what you have is tasteful and I would pick yours over another if I were into yellow. As you can see, not everyone feels the same.
Like you, I'm into yellow. But my C5 MY coupe's mods are a bit more extensive than yours (a little over $50,000 worth so far). So rather than try to sell my C5 and take a "beating," I've instead put it in my will to my eldest son, an Army Blackhawk pilot, who appreciates the go-fast, look-good and sound-good mods I've done. It's fun having a 15-year-old car (build date June 2001) that outperforms most new ones.
The Lizzard
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Verdad Gallardo
Safety Car
Joined: Dec 2009
Posts: 4,363
Likes: 429
From: Birmingham Al
People pay for what they like . I think It's a great looking ride .. Value is in the eye of the beholder.. Not NADA . Too many people get all wrapped up up in this NADA deal that's just for the bank people ,mods have value but only for the people who like the mods and want the Corvette and the mods . Most people that look at Corvettes with mods see nothing but the Corvette and don't know jack about the cost of the mods ,they may look at the NADA book and see $19,000 not the $5,000 worth of mods . Is hard to SELL A $10,000 corvette FOR $ 15,000 with mods most people just don't understand the mods deal you do and I do but does old Bob wanting a Corvette for the first time Prop. not.. There's the problem.. Been building Hot Rod Corvettes for 50 years very few people understand what it takes to mod one of the rides and cost to do them . Value is what people are willing to pay for something most will pay the NADA price but not the added price of what you have done to it over the NADA price . I see this daily people trying to sell moded Corvettes hard sell. .. Just my take..