Do mods reduce value?
AIR FORCE VETERAN
Joined: Nov 2009
Posts: 6,223
Likes: 441
From: Pennsylvania
If I wanted another C5 I would look for a car with no mods. That’s just me. I currently have a 2004 Convertible with 27,000 CARFAX miles. It’s 100% stock except for the tires. I think every owner should do whatever they like. It’s their car and their money.
Team Owner
Joined: Oct 2004
Posts: 81,241
Likes: 3,063
From: altered state
St. Jude Donor '05
These arent investment cars. I wouldnt worry about 15 yrs from now , sheesh make the car you want and enjoy it.
Theres no 1 type of buyer so what you do or dont doesnt matter. Cost of registering, insuring etc will exceed its worth most likely. The best guarantee you wont lose anything is to sell now and get a nice pic..not being a smartazz but we see this a lot. Mass produced car owner hoping it will be a collectible...wont drive it only to get a few more k come sell time.
Lots of the 2 youngest gens arent interested in having a drivers license at all, my bet would be boomer cars wont be on their intinerary. Electric cars will be perfected and most will own one.
Theres no 1 type of buyer so what you do or dont doesnt matter. Cost of registering, insuring etc will exceed its worth most likely. The best guarantee you wont lose anything is to sell now and get a nice pic..not being a smartazz but we see this a lot. Mass produced car owner hoping it will be a collectible...wont drive it only to get a few more k come sell time.
Lots of the 2 youngest gens arent interested in having a drivers license at all, my bet would be boomer cars wont be on their intinerary. Electric cars will be perfected and most will own one.
Last edited by cv67; Jul 17, 2021 at 11:15 PM.
Racer
Joined: Jun 2015
Posts: 405
Likes: 65
From: Rural Iowa
Hi all, I'm picking up my "new" 50th anniversary edition in the AM, assuming I can find no major defects, and yes, I'll post pics.
My question is; Do modifications reduce the value?
I'd like to personalize it, maybe some stripes, something subtle, not too outrageous.
Possibly an exhaust system, at least cat back.
The thing is I want it to retain it's value, I view it partly as an investment that I can enjoy, but I don't want to lose money on it in 15 years or so.
My question is; Do modifications reduce the value?
I'd like to personalize it, maybe some stripes, something subtle, not too outrageous.
Possibly an exhaust system, at least cat back.
The thing is I want it to retain it's value, I view it partly as an investment that I can enjoy, but I don't want to lose money on it in 15 years or so.
Though, I once test drove a C6 vert with headers. WHAT!!!? I said, i once test drove a C6 vert with headers. WHAT!!!? Test drove. C6. Headers. WHAT!!!? I can't hear you because this C6 with headers is so freaking loud!!! No sale. No way.
Jim
Team Owner
Joined: Dec 1999
Posts: 174,312
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From: Here
Pilot of Beer Force 1
Tampa Regional Coordinator
CI 4-5-6-7-8 Veteran
Organizer St. Jude Fundraiser
I believe in the Beer Fairy
if your mods are line lock and drag radials then yeah probably....
mods are customer dependent, if they like them then you are probably OK but if not its gonna hurt the value for that buyer
mods are customer dependent, if they like them then you are probably OK but if not its gonna hurt the value for that buyer
Team Owner
Joined: Dec 1999
Posts: 174,312
Likes: 1,217
From: Here
Pilot of Beer Force 1
Tampa Regional Coordinator
CI 4-5-6-7-8 Veteran
Organizer St. Jude Fundraiser
I believe in the Beer Fairy
I can only speak for myself, but here's my 2 cents. I run, not walk from any car with after market exhaust headers.
Though, I once test drove a C6 vert with headers. WHAT!!!? I said, i once test drove a C6 vert with headers. WHAT!!!? Test drove. C6. Headers. WHAT!!!? I can't hear you because this C6 with headers is so freaking loud!!! No sale. No way.
Jim
Though, I once test drove a C6 vert with headers. WHAT!!!? I said, i once test drove a C6 vert with headers. WHAT!!!? Test drove. C6. Headers. WHAT!!!? I can't hear you because this C6 with headers is so freaking loud!!! No sale. No way.
Jim
Last edited by pewter99; Jul 18, 2021 at 10:49 AM.
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No Hostility Be Happy
Joined: Aug 2018
Posts: 10,079
Likes: 7,398
From: South Hill Wa
2022 C5 of the Year Finalist - Modified
2021 C5 of the Year Finalist - Modified
I can only speak for myself, but here's my 2 cents. I run, not walk from any car with after market exhaust headers.
Though, I once test drove a C6 vert with headers. WHAT!!!? I said, i once test drove a C6 vert with headers. WHAT!!!? Test drove. C6. Headers. WHAT!!!? I can't hear you because this C6 with headers is so freaking loud!!! No sale. No way.
Jim
Though, I once test drove a C6 vert with headers. WHAT!!!? I said, i once test drove a C6 vert with headers. WHAT!!!? Test drove. C6. Headers. WHAT!!!? I can't hear you because this C6 with headers is so freaking loud!!! No sale. No way.
Jim
Drifting
Joined: Aug 2017
Posts: 1,914
Likes: 358
From: Dayton, OH
Short answer, no.
Mods may decrease the pool of buyers that will buy the car but that is not a measure of demand.
If there are one thousand people "interested " in buying a car, that is not demand.
Demand is one person paying an amount for a car.
I paid more than book value for my car because of the mods.
Mods may decrease the pool of buyers that will buy the car but that is not a measure of demand.
If there are one thousand people "interested " in buying a car, that is not demand.
Demand is one person paying an amount for a car.
I paid more than book value for my car because of the mods.
No Hostility Be Happy
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From: South Hill Wa
2022 C5 of the Year Finalist - Modified
2021 C5 of the Year Finalist - Modified
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2020 Corvette of the Year Finalist (performance mods)
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