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> People Dont Grasp This Concept!, Mods lower value of the car
post Oct 2, 2005 - 10:04 PM
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kman2010



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Joined Dec 26, '04
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I just dont understand why people are asking for ridiculous amounts of money for cars with minor mods. I mean i understand if you got a show car and your asking for 15,000 of the 25,000 you put into it back. but if you have a basically stock celica with intake, and some crappy paint on the interior. maybe exhaust and a wing. that should lessen the value of the car shouldnt it? so why ask for all the money back from it. its just me whining because i have a totalled car, and its gonna cost me alot to get my baby back together, or just buy a done one.

anyone agree or disagree? open topic, speak amongst ya selves
 
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post Oct 2, 2005 - 11:02 PM
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Dr_Tweak



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Modifications always lower the value of a vehicle. The only exception is if you make a major modification that another enthusiest wants already done. For example, a 6th gen with a 3SGTE swap. In ALL other cases, the value of the car is lowered.

And even in that case, you'll never get back what you put into it. The best way to get your money back on a modified car is to part it out.

Along the same lines, replacing stock maintenance parts DO NOT raise the value of the car. If the car has a newer engine and new starter and new alternator and new radiator and so on and so on, that doesn't mean that the car is NOW worth the value PLUS the cost of all those parts. It's worth what the value is, end of story, because the value assumes that the car is in good running condition.

-Doc


--------------------
-Dr Tweak, 6GC's resident engine swap wiring expert extraordinaire
Click here to see my swaps
drtweak@phoenixtuning.com


Posts in this topic
- kman2010   People Dont Grasp This Concept!   Oct 2, 2005 - 10:04 PM
- - JoKeRkId613   I've always agreed with this concept and belie...   Oct 2, 2005 - 10:10 PM
- - Consynx   i agree that mods lower the values of cars, but so...   Oct 2, 2005 - 10:34 PM
- - yarik83   I will put it in a most polite way I can think of:...   Oct 2, 2005 - 10:38 PM
- - lagos   i think it depends on the car 3$ can of spra...   Oct 2, 2005 - 11:02 PM
- - Dr_Tweak   Modifications always lower the value of a vehicle....   Oct 2, 2005 - 11:02 PM
- - Digndoug   I think you guys are trying to make a stupid point...   Oct 2, 2005 - 11:51 PM
|- - Dr_Tweak   QUOTE(Digndoug @ Oct 3, 2005 - 4:51 AM)I thin...   Oct 3, 2005 - 12:00 AM
|- - wuhukf   QUOTE(Digndoug @ Oct 3, 2005 - 4:51 AM)I thin...   Oct 3, 2005 - 12:10 AM
- - creis   I bought my car with the idea that I would have it...   Oct 3, 2005 - 2:58 AM
- - blu94gt   Yeah, I bought my car with the intent of never sel...   Oct 3, 2005 - 11:51 AM
- - lagos   sorry tweak, but you ever try to buy a supra? the ...   Oct 3, 2005 - 1:00 PM
- - FAQdaWorld   you cant compare a modified supra to a modified ce...   Oct 3, 2005 - 2:21 PM
- - 97lestyousay   :   Oct 3, 2005 - 2:22 PM
- - soulshadow   Ive seen honda preludes with a body kit and carbon...   Oct 3, 2005 - 9:44 PM
|- - wuhukf   QUOTE(soulshadow @ Oct 4, 2005 - 2:44 AM)Ive ...   Oct 3, 2005 - 11:56 PM
- - Clipsetuner   Celica dont have a demand, quite sad really, but i...   Oct 4, 2005 - 8:34 AM
- - yarik83   ok let me explain why celica was a no-go in this c...   Oct 4, 2005 - 3:30 PM
- - tin_foil   Okay, I think I have some ground to speak here. Yo...   Oct 5, 2005 - 10:12 PM
- - frosty   QUOTE(FAQdaWorld @ Oct 3, 2005 - 7:21 PM)you ...   Oct 6, 2005 - 9:36 AM
- - FAQdaWorld   The supra was a very expensive car BEFORE f&f,...   Oct 6, 2005 - 3:28 PM
- - bloodrain   val·ue ( P ) Pronunciation Key (vly) n. 2)...   Oct 6, 2005 - 4:57 PM
- - dustin15brown   QUOTE(JoKeRkId613 @ Oct 3, 2005 - 3:10 AM)I...   Oct 8, 2005 - 11:02 PM
- - sakara   As far as I see mods going... I would rather buy a...   Oct 9, 2005 - 3:03 PM


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