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Old 04-20-2010, 06:23 PM   #1
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Re-sale of a tuned Camaro

I am real close to finally getting my 2010 Camaro tuned along with some headers. So far I have a Roto-Fab CAI and a Corsa cat back. I personally don't mind the warranty being voided (if there is a problem that the warranty will no longer cover, that is what an emergency savings fund is for, correct?!), but my only concern is re-sale if for some reason I need to sell my car.

Has anyone done this and how much less or more did you sell it for because of the mods?

I know once I get the tune/headers (which I believe I will get done at Vector Motorsports here in Michigan), along with the already mentioned mods I will have about $4,000 extra into it.

I would like to be able to sell it for MORE then normal with the mods, but I just figured the big complaint would be no warranty. Thanks.
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Old 04-20-2010, 06:26 PM   #2
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USUALLY, you can't factor mods much into the price. Not saying someone won't pay the extra you charge... but most won't.

If it's done by a shop like Hennessey or Lingenfelter or the likes and has a warranty and what not, then you probably can.

Just my opinion.
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Old 04-20-2010, 06:29 PM   #3
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from my experiences selling a modded car is going to be a loss, a huge loss =\

keep your camaro forever!!!
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Old 04-20-2010, 06:31 PM   #4
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No warranty would probably make it a no-buy in lots of people's minds. Or at least mine for sure.

I am sure you drive it fine, but hearing about all these horsepower adders and then mentioning it voids the warranty sends off warning bells
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Old 04-20-2010, 06:36 PM   #5
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No matter how much you baby your car, a modded car will always come off as a race car that somebody else thrashed. My $0.02.
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Old 04-21-2010, 07:47 AM   #6
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..........
I would like to be able to sell it for MORE then normal with the mods, but I just figured the big complaint would be no warranty. Thanks.

Never gonna happen. Unfortunately Mods usually diminish the value of the car. Amoutn wise, there really is no set number. But I'll put it this way, you'd be lucky to get the same price as the identical car with no mods. As these cars come of age to be out of warranty anyway the factor lessens a bit, but the stigma is still there.
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Old 04-21-2010, 07:49 AM   #7
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Never mod your personal car with the thought of getting your money out of it. Mod it because you enjoy it.
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Old 04-21-2010, 11:30 AM   #8
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Never mod your personal car with the thought of getting your money out of it. Mod it because you enjoy it.
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Old 04-21-2010, 11:44 AM   #9
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just don't ever sell it and you won't ever have to worry
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Old 04-21-2010, 11:53 AM   #10
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I sold my 8 year old 02 SS coupe last year for $22,000. Cost new was $29,000 plus $7,000 in mods. So I lost $1750/year. I had that much fun in it.
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Old 04-21-2010, 11:55 AM   #11
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It depends on the buyer. If it's someone that appreciates mods and HP like many of us on here, they may pay more realizing the added value. If it's someone that goes by the books and can't even change their own oil, they might look at mods as a loss not a gain.
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Old 04-21-2010, 11:57 AM   #12
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It depends on the buyer. If it's someone that appreciates mods and HP like many of us on here, they may pay more realizing the added value. If it's someone that goes by the books and can't even change their own oil, they might look at mods as a loss not a gain.
you'd be surprised how narrow that market is even amongst people like us. I've sold a few custom cars for people... it wasn't pretty.
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Old 04-21-2010, 12:11 PM   #13
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95% of potential buyers will chose an unmodded car over a modded one. Buyers typically want a 'babied' car, even when they plan on modding and racing it. You can assume that a modded car has been driven hard and probably raced.

Minor mods, like subframe connectors, a catback or a shifter aren't much of a problem, and appearance mods like custom paint can even add value. But engine internals and tuning tend to raise big red flags.

And if you sell during the warranty period, you'll take an even bigger hit.

The exception might be cars that were professionally modded by a known shop (verifiable), these will appeal to more buyers.
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Old 04-21-2010, 12:14 PM   #14
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unless the work is done by a well known and reputable shop.............bring vaseline and grab your ankles. Won't be pretty.
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Old 04-21-2010, 12:17 PM   #15
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Just remember how much a new car depreciates immediately after it's driven off the lot, you could add back the mods and possibly break even on purchase price if you've put that much into it, but then you've lost the cash on the price of the mods. There's virtually no way to recoup it.
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Old 04-21-2010, 12:37 PM   #16
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I'd keep all the original parts. Keep the OE tune as the back up file in a handheld tuner.

At time to sell, offer it with mods or back to stock. Let the buyer pick.

The only reason the warranty would be void is if you went to a dealer with an aftermarket cal in the ECM. So just don't do that.

Most modded cars, no matter the shop, bring less at resale than a 100% stock car. Hence the reason my complete exhaust system is hanging in my garage.
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Old 04-21-2010, 02:26 PM   #17
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Be ready to put the car back to stock when you sell it. You can sell the aftermarket parts separately, that's how to get the most back from your car.
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Old 04-21-2010, 06:48 PM   #18
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Thanks for the input guys...this site is unbelievable! Yes, I plan on NOT selling it. Wife and I are tying to get pregnant and we are unsure if she would continue working if it happened. IF she doesn't, it may be a little tight holding onto the Camaro (especially if a bigger house is in the works).

I just wanted to see what some other guys experiences were when it comes to selling cars with mods. I do not intend at all to get my money back of course, but I assumed with just a Corsa and CAI, no tune, it wouldn't be much of an issue. I think I will just keep it at that for now even though I have some money burning a hole in my pocket to spend on it...I will just pay it off quicker!

Hopefully we will know soon enough about having a baby. If I can hang on to it for just another year or two it will be paid off and the supercharger will be coming (along with a baby seat too )!
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Old 04-21-2010, 07:53 PM   #19
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To be honest any modified car will sell for less. People don't want a car thats been messed with. Sure some people will see the value, but everyone has there own ideas and most aren't the same as yours or mine. Generally if you offer the parts to return it to stock or return it to stock before selling it you should be ok. As far as warranty if they ask you need to tell the truth or you may be forced to take the car back and give them their money, and that might mean taking back a car with a blown motor. On the flip side this is a Camaro and not a Honda civic so people are less likely to worry about basic mods.
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Old 04-21-2010, 08:22 PM   #20
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you and your wife are trying to get pregnant?
i'll bet she beats you.
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Old 04-21-2010, 09:25 PM   #21
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you and your wife are trying to get pregnant?
i'll bet she beats you.
Yeah, I saw that one coming! I just thought that was a better way of putting it then I'm trying to knock my wife up.. But this is a Camaro forum...we are a bunch of tough guys with tough cars..don't really need to put things so nice huh?
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