How do you expect mods to effect your resale?
Thread Starter
Safety Car
Joined: Nov 2000
Posts: 3,860
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From: Southern Mafia Charlotte NC
How do you expect mods to effect your resale?
With the mod crazy C5 following, I am curious on your opinions on your mod investments. I know from experience in dealing with C1,2, and 3's what non original does to certain cars, and what after market performance products do to the older cars resell value.
I typically sell off my mods, unless it is H/C mods, and I save the parts.
I typically sell off my mods, unless it is H/C mods, and I save the parts.
Melting Slicks
Joined: Mar 2001
Posts: 2,809
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From: Frisco TX
Re: How do you expect mods to effect your resale? (Carovette)
Wondering the same thing as I am getting a major itch for a 2002 Z06 :yesnod: and am wondering if I should sell as is or go back to stock .. But a stock A4 is no fun :nonod:
:confused:
:confused:
Intermediate
Joined: Jun 2000
Posts: 34
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From: Suffern NY
Re: How do you expect mods to effect your resale? (Carovette)
From what I've seen, mods on any car will lower the resale value up to 30%. This holds true with the C5 as well. A long recent thread on the subject confirms this.
Roy.
Roy.
Team Owner
Joined: Mar 1999
Posts: 22,025
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From: At the beach in little Rhody
Re: How do you expect mods to effect your resale? (royeus)
That's why on my 90, I saved everything, including the original factory spark plugs. My mods were not too radical, but the car wasn't factory stock either. If you go too far, you have to find the person with the same taste as you and selling a used Vette can be difficult without mods.
Melting Slicks
Joined: Oct 1999
Posts: 2,181
Likes: 421
From: Ponte Vedra Beach FL
Re: How do you expect mods to effect your resale? (vettenuts)
I'm thinking of putting giant fender flares, a metalflake paint job and a snorkel-style hood scoop on my stock 63 split-window. :eek: Do you think will affect resale value? :lol:
Team Owner
Joined: Jun 2001
Posts: 26,714
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From: Houston, TX
Re: How do you expect mods to effect your resale? (Carovette)
I had a pretty modded car about ten years ago. Even though it was immaculate, and had 52,000 miles on a nine year old car, I almost could not give it away. Finally did, but at a price lower than if it were stock.
Be prepared to keep the car a long time, or loose money. Not only will you likely not get any of the money on the mods, but the car will sell less than stock. I'm sure there are exceptions, but I think this would be the typical case. And if you think you can pull the mods off and tell someone it's stock, you are a pretty immoral, unethical person (I'm speaking of significant mods here - not the external stuff like cold air, exhaust etc.) The car I was speaking of above had an aftermarket turbo on a non-turbo car.
Be prepared to keep the car a long time, or loose money. Not only will you likely not get any of the money on the mods, but the car will sell less than stock. I'm sure there are exceptions, but I think this would be the typical case. And if you think you can pull the mods off and tell someone it's stock, you are a pretty immoral, unethical person (I'm speaking of significant mods here - not the external stuff like cold air, exhaust etc.) The car I was speaking of above had an aftermarket turbo on a non-turbo car.
Melting Slicks
Joined: Mar 1999
Posts: 2,499
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Re: How do you expect mods to effect your resale? (Carovette)
This is what I've been thinking about too. It might be easier to sell a modded car to an individual because you can explain the benefit :cool: but I think that trading it in might be tougher since they want something easy to move.
Team Owner
Joined: Apr 2001
Posts: 26,794
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From: Elmhurst, IL (West Suburb of Chicago) & Home of MEGA Horsepower
St. Jude Donor '06
Re: How do you expect mods to effect your resale? (jschindler)
Amen to That statement.
No doubt unles you fiind the perfect buyer and that would be difficult you will lose major money by selling heavily modded car with heads, cam, headers, etc. I put in close to 15k in my C5 with the understanding that she is a long term keeper. If you mod like I did and then resell/trade in for new car such as the C6 in a couple of years, then you are really throwing money away. :U \\
If your going to trade then keep all stock parts so you can make it stock again.
Happy New Years,
Nitrovette
No doubt unles you fiind the perfect buyer and that would be difficult you will lose major money by selling heavily modded car with heads, cam, headers, etc. I put in close to 15k in my C5 with the understanding that she is a long term keeper. If you mod like I did and then resell/trade in for new car such as the C6 in a couple of years, then you are really throwing money away. :U \\
If your going to trade then keep all stock parts so you can make it stock again.
Happy New Years,
Nitrovette
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Race Director
Joined: Nov 1999
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From: Greer SC
Cruise-In II Veteran
Re: How do you expect mods to effect your resale? (Carovette)
We plan on this being a 'keeper,' so the mods are for us...long-term. If you expect to get a return on you mod investement, don't count on it.
Pro
Joined: Mar 2000
Posts: 526
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From: Rotonda West Fl
Re: How do you expect mods to effect your resale? (Sully C5)
From my past experience with a Camaro and a chev truck you will not get your money back and it could even hurt your resale depending on your types of mods. :chevy
Race Director
Joined: Apr 1999
Posts: 12,735
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From: Kayenta Utah
Re: How do you expect mods to effect your resale? (Sully C5)
Most mods will detract from the resale, unless you find the right buyer. Two years ago, I sold a perfect five-year-old Z-28 with a Vortech S-Trim, T-Rex fuel pump, Borla exhaust, Crane ignition, and Hurst shifter. It had a new clutch, brakes plugs, and wires, and had not even a slight blemish. It turned mid/low 12s at almost 117 mph. What did I get for it?? $10,750. Should I have kept it instead? Umm.....duh.........:rolleyes:
Performance mods will scare away those who suspect you've beat on the car. I would never buy an amateurishly lowered car, because they're never right. And a car with goofy cosmetic mods is a turn off. Mod it if you're going to keep it, I guess.
Performance mods will scare away those who suspect you've beat on the car. I would never buy an amateurishly lowered car, because they're never right. And a car with goofy cosmetic mods is a turn off. Mod it if you're going to keep it, I guess.
Burning Brakes
Joined: May 2001
Posts: 1,066
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From: Dunlap IL
Cruise-In III Veteran
Re: How do you expect mods to effect your resale? (Carovette)
I am having some more mods done on my 2001 but don't plan to ever get rid of it. This will be my last, and the first one I have ever modified. At 61, I want to do all the things I never did w/any of the others. Resell, not hardly, let my family worrie about getting rid of it after I am gone.
:seeya :flag :seeya :flag :seeya
:seeya :flag :seeya :flag :seeya
Burning Brakes
Joined: Sep 2001
Posts: 830
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From: Pasadena MD
Re: How do you expect mods to effect your resale? (retrovette)
I am having some more mods done on my 2001 but don't plan to ever get rid of it. This will be my last, and the first one I have ever modified. At 61, I want to do all the things I never did w/any of the others. Resell, not hardly, let my family worrie about getting rid of it after I am gone.
:seeya :flag :seeya :flag :seeya
:seeya :flag :seeya :flag :seeya
Thread Starter
Safety Car
Joined: Nov 2000
Posts: 3,860
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From: Southern Mafia Charlotte NC
Re: How do you expect mods to effect your resale? (tracy)
I'm thinking of putting giant fender flares, a metalflake paint job and a snorkel-style hood scoop on my stock 63 split-window. :eek: Do you think will affect resale value? :lol:
Safety Car
Joined: Dec 1999
Posts: 4,202
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From: Plano TX
Re: How do you expect mods to effect your resale? (Carovette)
When it comes time to trade, it will be stock again. Sort of moving in that direction now.
The mods are fairly easy to sell in the C5 Parts section.
The mods are fairly easy to sell in the C5 Parts section.
Pro
Joined: Nov 2001
Posts: 731
Likes: 26
From: Austin TX
Re: How do you expect mods to effect your resale? (fairway)
I've had two cars with nitrous systems on them. The 92 Corvette ran low 12's and the Camaro ran 12's. Both cars were super clean and always keep in the garage. When I tried to sell them, the nitrous system always scared away buyers. Especially ones that didn't understand how it works.
In the end, I removed both systems and sold the cars easily. I also sold the nitrous systems even easier.
Botton line, most H/C, or anything major modification will devalue your baby. And I can't imagine removing a cam or heads to sale stock. Lots of work and not worth the effort. Plus when you are test driving potential buyers, It's depressing after remembering how the car use to perform.
Team Owner
Joined: Dec 1999
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From: Florida
2021 C2 of the Year Finalist - Modified
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St. Jude Donor '03 thru '26
Re: How do you expect mods to effect your resale? (Carovette)
I will probably return my air box to stock prior putting it up for sale in a couple of years.
On the other hand, I feel the Indy's and GMPP will be strong selling features.
On the other hand, I feel the Indy's and GMPP will be strong selling features.
Burning Brakes
Joined: Oct 2001
Posts: 1,025
Likes: 29
From: Plantation Florida
Cruise-In IX Veteran
Re: How do you expect mods to effect your resale? (Mean Green 2000)
I'm never getting rid of this car :D
Those are famous last words. I said them and traded my '99 silver vert for a 2001 TB vert.
I also said "I'm keeping my car stock"...look at my sig.
I am keeping all my stock parts so that in the unlikely :lol: event that I don't stick to my words, I can quickly put back to stock.
Happy New Year! :cheers: