Selling a performance Car - Thoughts?
I have a 93 Integra GS, Personally, I love this car. When I could have bought a G3 Integra, I perfered the look of the G2. However, now I am about to sell the car. How does this work?
When you guys have bought and sold the cars you own with mods what do we value the mods at? My thoughts:
I won't factor in my time, that would be ridiculous.
Modifications that on the car arn't fair to be valued at the retail purchase price. Nor is it fair to value them at 20% of their retail cost. Does anyone have any thoughts on this?
What kind of documentation should I have for a perspective buyer who is interested in the car? A dyno sheet, compression, and leak down test? A dealers inspection sheet? How can we as hobbyist self regulate what our time and parts are worth to a new buyer.
Okay, the way I figure it, if you want a stock car, war all know they are out there. If you want a car with the mods in place, here is you chance. Of course you can always put back on the stock parts.
What I am saying, is how do we get value for being **** about our cars? Not everyone will fall into this category. However, when I see that something isn't right, or needs to be fixed, I fix it. Thats pride of onwership. This is a concept that I assume the majorit of board participants use. I have always used only genuine acura parts, or performance parts with lineage.
What are your thoughts? How do we market our cars? Worst, is for me to put back all of the stock stuff, and say I never drove the car for what it could do.
Can you contribute your thoughts to this?
Thanks, Edward
When you guys have bought and sold the cars you own with mods what do we value the mods at? My thoughts:
I won't factor in my time, that would be ridiculous.
Modifications that on the car arn't fair to be valued at the retail purchase price. Nor is it fair to value them at 20% of their retail cost. Does anyone have any thoughts on this?
What kind of documentation should I have for a perspective buyer who is interested in the car? A dyno sheet, compression, and leak down test? A dealers inspection sheet? How can we as hobbyist self regulate what our time and parts are worth to a new buyer.
Okay, the way I figure it, if you want a stock car, war all know they are out there. If you want a car with the mods in place, here is you chance. Of course you can always put back on the stock parts.
What I am saying, is how do we get value for being **** about our cars? Not everyone will fall into this category. However, when I see that something isn't right, or needs to be fixed, I fix it. Thats pride of onwership. This is a concept that I assume the majorit of board participants use. I have always used only genuine acura parts, or performance parts with lineage.
What are your thoughts? How do we market our cars? Worst, is for me to put back all of the stock stuff, and say I never drove the car for what it could do.
Can you contribute your thoughts to this?
Thanks, Edward
good rule of thumb would be value of car + 50% worth of each mod, your time wouldn't matter to a buyer, but it sounds like if you want a resonable amount for you're car then you are going to have to find someone who shares the same passion for 2g's as you did when you bought that one
good rule of thumb would be value of car + 50% worth of each mod, your time wouldn't matter to a buyer, but it sounds like if you want a resonable amount for you're car then you are going to have to find someone who shares the same passion for 2g's as you did when you bought that one
If they are not willing to pay for the extra goodies, which I find hard to believe, I'm sure I can find someone out there that would like 'em
A lightly modified car is worth *less* than an equivalent mileage, stock condition car of the same model. The only exception is if you find some young kid who happens to like exactly the same mods that you did.
Unless there are significant changes to the car, put the stock stuff back on and sell everything separately.
Unless there are significant changes to the car, put the stock stuff back on and sell everything separately.
i have a pretty big section of my garage taken up by the stock parts that i have no use for until later.. personally when i plan on selling my car I am going to convert it back to stock... i think there is a bigger market that way because if the car is modified.. that weeds out a lot of buyers...
when i sell my car im going to make it stock and then sell the aftermarket parts off privately on the parts trader or here in the classifieds..
when i sell my car im going to make it stock and then sell the aftermarket parts off privately on the parts trader or here in the classifieds..
GSRMatt is right, a stock car is worth more then a fix up car. I mean, most people do not like fix up cars. Only way you are going to sell it is if you run across some young little kid. Take in point my friend, she had a 96Integra special addition w/45k miles when she sold it 1.5 years ago. Her car had the usual, intake, 17" rims, exhaust, headers, cams, igntion system, wires, and all the usual crap. It even had a $3000 paint job. When the time came to sell, her car was worth $11k STOCK according to edmunds. KBB was even higher, almost $13000 STOCK. She round up selling the car for $9000, when she wanted $10000 but never got any offers above $9000. She finally got sick of not being able to sell it that she sold it for $9000 to the next person who offer her $9000.
With the time and money invested, she said she would never fix up a car again because it actually DECREASES the value and makes it harder to sell. No one if the right mind will buy a fix up car, I know I won't unless I knew the owner of the car.......
With the time and money invested, she said she would never fix up a car again because it actually DECREASES the value and makes it harder to sell. No one if the right mind will buy a fix up car, I know I won't unless I knew the owner of the car.......
Yeah, this by NO means a flame, but I would never buy a modded car, UNLESS it had rediculously low miles or very minor performance mods. You really never know where that car you are looking at has been, unless it's new and rolling off the trailer at the dealer. Granted, I bought my GS-R used in August 1997, 45k miles, fresh off a lease, and spoke to the owner (I trusted him when he said it was treated well), but you just never know. Anywho, I drive mine hard but maintain it even better.
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