if you ever sold it

[Falundir]

I am selling my car now. For real world numbers...

Blue book stock :$33,000
Mods done: $22,500
Asking price :$41,500 (until year end, then back up to $43,000)

So that is a substantial loss. Modding is a labor of love. You never get back what you put into it, however it is WELL worth it when you do a reliable and fun build.

[Denis]

Mods are tricky....it all depends on who the potential buyer is. If you're trying to trade your vehicle in to a dealer, they're gonna want it to be as stock as possible.

Of you're selling it privately, it all depend on the buyer. Some people want mods, other people think mods = the car being beat on.

So try and keep as many stock parts as you can when you start modding.

[Angrybird 12]

Originally Posted by Denis

Mods are tricky....it all depends on who the potential buyer is. If you're trying to trade your vehicle in to a dealer, they're gonna want it to be as stock as possible.

Of you're selling it privately, it all depend on the buyer. Some people want mods, other people think mods = the car being beat on.

So try and keep as many stock parts as you can when you start modding.

Most people think if it has performance mods it was run harder than one without them.

[SSDan]

Just keeping it real - my car with the mods listed plus a few not listed(about 14K invested) is worth not much more than if it were stock. If one needs proof for that just look in the for sale section of this forum. You will see car after car listed for very low prices versus the amount invested and no takers - many are listed for months and have continuous price reductions and still its a "no sale".

Heavily modded cars are hard to sell. I knew that going in so I modded for my personal pleasure with no expectations for an investment return and you should too. That way if you get lucky and find the just right buyer for your modded car - its a bonus.

[CRTZL1]

Originally Posted by SSDan

Just keeping it real - my car with the mods listed plus a few not listed(about 14K invested) is worth not much more than if it were stock. If one needs proof for that just look in the for sale section of this forum. You will see car after car listed for very low prices versus the amount invested and no takers - many are listed for months and have continuous price reductions and still its a "no sale".

Heavily modded cars are hard to sell. I knew that going in so I modded for my personal pleasure with no expectations for an investment return and you should too. That way if you get lucky and find the just right buyer for your modded car - its a bonus.

+1

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[Billy10mm]

Originally Posted by Falundir

I am selling my car now. For real world numbers...

Blue book stock :$33,000
Mods done: $22,500
Asking price :$41,500 (until year end, then back up to $43,000)

So that is a substantial loss. Modding is a labor of love. You never get back what you put into it, however it is WELL worth it when you do a reliable and fun build.

There isn't a chance in hell that anyone is going to pay more than the price of a brand new 2SS 1LE for a highly modded used car with a blue book value of $33K. I would be impressed if you got $30K for the car. Update us when you sell it.

[newagemuscle]

I've dumped almost 20,000 dollars into my car not including the cost of the car. That is peanuts to some Members on here. The way I look at it is if I sell my car that will almost be a total wash and a loss. A car is not an investment and the mods you put on your car do not help you much in the long run. You may be able to recoup a little of the aftermarket parts but that is about it. If I were ever going to sell my car I think the best bet would be to try and put it back to 100 percent stock. I think I would get the most money for my car that way and try and part out all of my aftermarket stuff. I'm not saying you cannot sell a modified car, but I do believe you limit the audience of people who want to buy a car that has been tampered with.

[RubberChicken]

Originally Posted by newagemuscle

I've dumped almost 20,000 dollars into my car not including the cost of the car. That is peanuts to some Members on here.

I wouldn't call $20k peanuts at all. That's a lot of frickin money! I've spent a total of $650 modding mine so far - the aftermarket stripes and the CAI. That's peanuts!

[lbheat]

People say cars are not an investment money-wise, which is true. BUT emotional investment if you like cars, hells yeah very good investment in that sense. I can tell you I have made the best decision with car choice because I drive it every single day. Those who do the same will say driving this car is truly an honor. Very well engineered. Look at how many years have passed and people are still drooling over a camaro when they see it in the street. Little kids always stop and point at a camaro, transformers did help but still! lol According to the time I wanted to trade in my car for a stingray a couple months ago I would have lost $20,000 in the trade-in deal. So I kept it and made me justify tons of more modifications

[Fraxum]

Mods are only worth $.50 on the dollar and only then if you can take them off and sell them separately as you set your car back to stock.

A modded car can be a good deal if you are buying, as you should not pay any more than a stock car. Many owners are meticulous. You can tell a beat car from a queen. If the car has been modded and the car is still under warranty you need to check for things that kill parts of the warranty like a tune or a cam. A tuned car still under warranty is worth less than a stock car in the same situation even with the stock tune back in place. Buyer beware.

You mod your car for yourself. Enjoy your personalized car for a long time and the $$ will pay you back in enjoyment. If you want an investment buy stocks. But you can lose way more $$ there. I know, I had quite a few GM shares and lost it all when GM went bankrupt.

If you intend to keep your car for five years or more mods are fine. But if you buy a car every two or three years stay away from any mod you can't take off yourself.

[Fish-man]

Originally Posted by Fraxum

Mods are only worth $.50 on the dollar and only then if you can take them off and sell them separately as you set your car back to stock.

This is why i only do bolt-ons.. and most of those I buy used.... not that I ever plan to sell the car... but some day I'll be too old to drive it and will return it to stock and sell it to pay medical bills.