Reading a few threads and this seems to be a common question that never really gets any attention (or maybe I just missed it..). What does the modifications to our cars do to the value? I'm not talking about short-term, but long-term value of a limited production car like the R.

Are some modifications considered worse while others have no impact on perceived value?

I know some people will say it is not a collectors car, it has no value other than the joy of driving it, etc. Maybe. But let's ignore that for now.

 

It all depends on who you sell it too...if someone doesnt want the mods and u have ur stock stuff..put it back to original condition and sell the mods seperately.

 

IMHO, mods will hurt the value of your car if you are selling it to an average person who drives their car from point a to point b. But if you are selling it to an enthusiast it can drive up the value because they know how much mods cost and how much better the car will perform (assuming you do good performance mods).

In my case, I won't have to worry about it. I'm going to drive the car until I run it into the groud. In other words, I'm not going to sell it. If I need to buy another car, I'll keep the ITR and shell out the cash for another car.

 

When selling a car with mods people may see it as a car that has been run harder then one that looks stock. Example: Type R with no mods with more miles may look to be less of risk to some people then a Type R with an AEM, Pulleys, Header, ex. I would keep the stock stuff and then put it back on when you sell the car. When took my Dodge Neon into the dealer with my mods on the car (Header, Exhaust, Rims, Springs, Shocks), they marked my car as poor because they assumed it was driven hard. In my case, I am not EVER selling my TYPE R! Just my .02$

 

actully the value of any car does not increase on how many things it has on the car. if the buyer knows his or her stuff and you ask them $10,000 for a car worth $5,000 you'll have a really hard time getting that price. http://www.kbb.com can tell you the blue book value of your car. even if you have $20,000 of mods but your car is worth $1,000, you'll have a hard time getting your car bought for any price over $1,000, unless the buyer is some dumbass wannabe ricer, then maybe he/she will pay almost as much as you want it sold for.

 

From listening to my father who has a '64 and '67 Pontiac GTO, modifications really diminish the value of the car as a collector's item to some (or at least him). I know from experience that when he bought his '64, he had a tough time locating some of the OEM parts for the car that were swapped out by the previous owners. In most cases, he had to pay premiums for the OEM parts. Luckily, he owned the '67 from the start. The only part he had to find was the OEM 8track (hehe - 8 track) because someone stole it in the 60s. I would listen to people at car shows and be amazed at their reactions. Basically, people are just as in awe for a car that is in its original condition as one that is modified and elaborately painted. They were even surprised to see the original window sticker to the car in a plaque in the backseat. Wish my R costed as much as he paid for his GTO back in the day. Just my perspective on the situation.

 

Or we could all just collect stamps!