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Old 02-28-2013, 04:36 PM   #1
OC.LS3
 
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Resale on modded cars

Have any of you sold a 5th gen you had done work to? Did you end up getting peanuts for it? In hindsight would you have left the mods on or tried to restore it back to factory (i dont have my OEM parts anymore)? Just curious what I could get for my 2011 2SS with 24K and intake/headers/tune. An issue I would face is my catless mids. Body and interior are good, just a little bump on the rear fascia.
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Old 02-28-2013, 04:51 PM   #2
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im trying to sell mine, its a 2011 ss rs with just over 1000 miles and over 30k in mods and the best offer i got was 35k
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Old 02-28-2013, 04:56 PM   #3
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No offense, but I wouldn't buy a modded car.
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Old 02-28-2013, 05:16 PM   #4
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Originally Posted by OC.LS3 View Post
Have any of you sold a 5th gen you had done work to? Did you end up getting peanuts for it? In hindsight would you have left the mods on or tried to restore it back to factory (i dont have my OEM parts anymore)? Just curious what I could get for my 2011 2SS with 24K and intake/headers/tune. An issue I would face is my catless mids. Body and interior are good, just a little bump on the rear fascia.
Most people won't buy a modded car for fear of how it was driven and warranty concerns. Because of this, most of the time they go for a little less than what a stock car brings because the seller has to lower his price in order to sell it. Sometimes you can get a little more depending on the mods and how much you did but you will never get back what you put in it.

Generally speaking you will get more money in the long run if you return the car back to stock and sell the mods separate.
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Old 02-28-2013, 05:28 PM   #5
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Originally Posted by Mr_Draco View Post
Most people won't buy a modded car for fear of how it was driven and warranty concerns. Because of this, most of the time they go for a little less than what a stock car brings because the seller has to lower his price in order to sell it. Sometimes you can get a little more depending on the mods and how much you did but you will never get back what you put in it.

Generally speaking you will get more money in the long run if you return the car back to stock and sell the mods separate.
I have to agree with that. Unless the car was exceptionally clean. Since the op mentioned it had a bit of character I would automatically pass.
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Old 02-28-2013, 05:34 PM   #6
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No offense, but I wouldn't buy a modded car.

I agree when it comes to performance mods. While I will make changes to mine, I am planning on keeping this car for at least 6-8 years, and IF I decide to sell it then, it won't matter as much. However, I passed over several Camaros when I was looking because they already had the CAI or other performance mods added. I will say that I am not bothered by body or interior mods as long as it is not overboard.
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Old 02-28-2013, 05:34 PM   #7
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Really? Mine is modded and I actually had someone make me an offer to buy mine when I was filling up with gas. I told him it wasn't for sale. So I didn't even let him make me an offer.
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Old 02-28-2013, 05:36 PM   #8
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I wouldn't NOT buy a car just because it was modded. I looked at a Corvette before I bought my Camaro back in 2008. It had a turbo, custom wheels, exhaust cutouts, engine tune, and a few other things. As many have said I wasn't going to pay a lot more money for the mods but I liked all of the mods. It was owned by a 50+ year old guy and I doubt if he beat it, it also had the original tires on it. He wanted $5K over the price of the car for the turbo, that was a deal breaker in my mind so I didn't buy it.

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Old 02-28-2013, 05:38 PM   #9
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Really? Mine is modded and I actually had someone make me an offer to buy mine when I was filling up with gas. I told him it wasn't for sale. So I didn't even let him make me an offer.
Well, it's also worth less money b/c the person who buys it, in this case the dealer, has to get the car through inspection. Some state inspections are very strict, and the car wont pass w/ cutouts, headers, window tint. Replacing all that stuff takes time and money, so yes the car is usually worth less.
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Old 02-28-2013, 05:38 PM   #10
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Really? Mine is modded and I actually had someone make me an offer to buy mine when I was filling up with gas. I told him it wasn't for sale. So I didn't even let him make me an offer.
Talk is cheap.
Mods will not add to the value in my opinion and double
that on a tuned 5th gen, especially a low mileage car with the
warranty voided.....Again IMO.
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Old 02-28-2013, 05:46 PM   #11
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Intake wont affect anything; headers can be replaced back to stock for cheap...and the tune is what will affect the resale because from that day on the factory warranty is void and they cant replace it...so alls you have is a 2011 2SS with 24k miles + No warranty. So really you will get less than what a 2011 stock 2SS, 24k miles + warranty
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Old 02-28-2013, 05:57 PM   #12
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Ok, what if we we're talking limited production Pacecar, modded by a Chevy dealer with an SLP blower, CAI, and Loudmouth exhaust, STILL UNDER WARRANTY, with only 1200 miles and a garage queen? Dealer guaranteed in writing that GM warranty still in effect until 3yrs/36k miles AND it had an extended drivetrain warranty for 7 yrs 70k miles?
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Old 02-28-2013, 06:01 PM   #13
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Kind of goes back to a previous thread - "if you mod would you mod for performance or appearance". Sounds like performance mods are a bad idea unless you plan to own the car for a long time, and you accept the warranty is gone.
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Old 02-28-2013, 06:09 PM   #14
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Modded Camaros are like modded Harleys... only the book value of stock applies.

You mod to improve the value for yourself not to improve the value for someone else... unless, of course, you are in the mod business (different matter altogether).
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