Why Modifications Don't Make Your Car More Valuable
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Date: 2021-06-20
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Comments and reviews: 9
Keevaro
I see so many people in the classic car community that take these classic cars and personalize them to the point where only they and very few others like the car, and when they turn around to sell them later, they just never sell. For example, someone takes a 67 Camaro, lowers it, puts these 22 in rims on it, modifies the fenders to fit the wheels, strip the original interior to put a modern one or something, and suddenly you have a Frankenstein s monster sort of car over the Camaro you started with, and other people seeking a 67 Camaro want a stock one because even if they want to go crazy with it themselves, they want to start from the beginning and do it themselves.
Meanwhile, on my 69 Firebird, I m installing a high-end fuel injection system that keeps the stock engine and doesn t take away from the appearance of a classic carburetor. It adds performance and makes the car more easily drivable, and is a modification many people are starting to look for in classic cars.
All that being said, if you want to go and modify and personalize your car to the extreme, it s your car, go nuts. However, just don t expect to get a return on your investment because the more personalized the car is, the less likely someone will want to buy it for your asking price.
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I see so many people in the classic car community that take these classic cars and personalize them to the point where only they and very few others like the car, and when they turn around to sell them later, they just never sell. For example, someone takes a 67 Camaro, lowers it, puts these 22 in rims on it, modifies the fenders to fit the wheels, strip the original interior to put a modern one or something, and suddenly you have a Frankenstein s monster sort of car over the Camaro you started with, and other people seeking a 67 Camaro want a stock one because even if they want to go crazy with it themselves, they want to start from the beginning and do it themselves.
Meanwhile, on my 69 Firebird, I m installing a high-end fuel injection system that keeps the stock engine and doesn t take away from the appearance of a classic carburetor. It adds performance and makes the car more easily drivable, and is a modification many people are starting to look for in classic cars.
All that being said, if you want to go and modify and personalize your car to the extreme, it s your car, go nuts. However, just don t expect to get a return on your investment because the more personalized the car is, the less likely someone will want to buy it for your asking price.
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Zundfolge
Many years ago I had a MKI MR2, I put custom wheels on it. When I sold it I put the stock wheels back on it and sold the wheels separately. Made more money doing that (still didn't make what I paid for the wheels and tires when they were new.
Another thing to think about is who did the mods. If you took your car to a shop with a good reputation and they did the mods, I bet buyers are more likely to see those as a benefit than if you did them yourself in your garage (but still, nobody is paying you retail + labor for your mods.
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Many years ago I had a MKI MR2, I put custom wheels on it. When I sold it I put the stock wheels back on it and sold the wheels separately. Made more money doing that (still didn't make what I paid for the wheels and tires when they were new.
Another thing to think about is who did the mods. If you took your car to a shop with a good reputation and they did the mods, I bet buyers are more likely to see those as a benefit than if you did them yourself in your garage (but still, nobody is paying you retail + labor for your mods.
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Alan
Huh. All good points, but the video didn't hit on the one that I thought was most obvious and important.
A modded car adds extra questions about the car's reliability and future. Where were the mod parts sourced from? Were they new when installed? Who installed them? How good a job did they do? Will getting service for the car be more difficult now?
This may not apply to things like seats and wheels, but for engine or exhaust mods, it seems pretty key.
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Huh. All good points, but the video didn't hit on the one that I thought was most obvious and important.
A modded car adds extra questions about the car's reliability and future. Where were the mod parts sourced from? Were they new when installed? Who installed them? How good a job did they do? Will getting service for the car be more difficult now?
This may not apply to things like seats and wheels, but for engine or exhaust mods, it seems pretty key.
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autos
The takeaway here is. un installing mods & selling them individually, replacing stock parts is the BEST ROUTE dollar for dollar! the trick is you have to spend more time selling off those mods, but think about this. Think about the time you PUT into acquiring those mods & what you went throu to buy them, just put in half that effort into selling them and you'll be in a good place!
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The takeaway here is. un installing mods & selling them individually, replacing stock parts is the BEST ROUTE dollar for dollar! the trick is you have to spend more time selling off those mods, but think about this. Think about the time you PUT into acquiring those mods & what you went throu to buy them, just put in half that effort into selling them and you'll be in a good place!
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Toni
As a guitar technician, i say that's also a lot common in the guitarist community. Someone puts a expensive pickup in a low value guitar and thinks that will increase the value of a instrument that cost half of the price of the pickup itself. And always appears someone asking if they can buy just the pickup apart. Thats a pattern very common in almost everywhere hahaha
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As a guitar technician, i say that's also a lot common in the guitarist community. Someone puts a expensive pickup in a low value guitar and thinks that will increase the value of a instrument that cost half of the price of the pickup itself. And always appears someone asking if they can buy just the pickup apart. Thats a pattern very common in almost everywhere hahaha
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DG
Good quality performance parts won't hurt the value. You won't get back what you put in, but part of it anyway. Also, generally when you go buy a modified car, look at the person selling it and listen what he has to say about the build, it can go a long way. You should be able to differentiate a true enthusiast and a driveway-ebay-modder easily.
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Good quality performance parts won't hurt the value. You won't get back what you put in, but part of it anyway. Also, generally when you go buy a modified car, look at the person selling it and listen what he has to say about the build, it can go a long way. You should be able to differentiate a true enthusiast and a driveway-ebay-modder easily.
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PILULE
There's one MAJOR factor to decrease in value of what you paid you forgot. it's how and by whom were the mods done, how many times have I seen an engine being blown before it's time because the person added a turbo or supercharger and it wasnt installed right, or the engine wouldnt support it and would tear down faster than it should.
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There's one MAJOR factor to decrease in value of what you paid you forgot. it's how and by whom were the mods done, how many times have I seen an engine being blown before it's time because the person added a turbo or supercharger and it wasnt installed right, or the engine wouldnt support it and would tear down faster than it should.
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JustOneMorePSI
Along the lines of very desirable mods actually adding value to a car, I would say the same could be said about mods installed at certain very reputable shops. For instance underground racing, AMS, Hennessey. A car built at John and Jane Doe Racing won't be worth as much as a car built at one of the shops I mentioned earlier.
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Along the lines of very desirable mods actually adding value to a car, I would say the same could be said about mods installed at certain very reputable shops. For instance underground racing, AMS, Hennessey. A car built at John and Jane Doe Racing won't be worth as much as a car built at one of the shops I mentioned earlier.
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Ike
People should also know that period correct modifications on an older car can be pretty desirable and warrant a slight premium to the right buyer
AC Schnitzer body kits on e31 8 series for example. Find the right buyer and you could get a nice premium for your car.
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People should also know that period correct modifications on an older car can be pretty desirable and warrant a slight premium to the right buyer
AC Schnitzer body kits on e31 8 series for example. Find the right buyer and you could get a nice premium for your car.
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