performance mods ... lower or raise value of car?

[pillzor]

too the average consumer im guessing it may either look like the seller is a car enthusiast or a hoon , so things like extractors and exhaust ... the noticable mods ... would they lower the market value or raise it would you say?

[K Lewy]

Most of the time, when yo add something, you can kind off add that cost to the overall SALE PRICE!. But with modifications as such to a car, I.E Extractors look around $500, put them on , and potentially bump selling price up 300 - 400. Personally i think the mods do increase value a little, but ya dont make a profit, unless you lie about price, and say was $900 but was only really $400 and ya put price up by $500 so your making money, but they think they are getting a bargin, because you have dropped the price.

[pillzor]

well im ahead anyway because i picked up the car for about a just under half of what redbook thinks its worth so no problem there.... just posted the thread out of curiosity.

[HamaTime™]

Nothing. Mods shouldn't add much if any value onto the car, unless you have absolutely maxed the car out.

For example, there was a guy on this forum who tried to sell his VT S-pack on here and on ebay in the beginning of last year. He started trying to sell it in beginning of 2007 I think, wanted over $20 grand for it. Took him over a year before someone bought it, for less than $10 grand if I remember.

It was just a standard VT S-Pack with a GTO bodykit, 119XXX k's, manual, and a couple of mods like exhaust, chip, pod filter etc...

I wouldn't pay much extra for a car with mods...I'd prefer to do them myself. it would probably be better to do so anyway.

[Tom_1569]

Im going to say lower. When Im looking to buy a daily car I want something that hasnt been flogged or used for "performance", I want some thing that has been looked after. Having a heap of cheap bolt on mods just sounds like you did what you could do cheaply to get some power, to flog up the prinny highway.

If I was buying a track/strip car then Performance mods will add to the value.

[Reaper]

Extractors and a normal sounding exhaust probably won't make much difference however at best nearly every other mod will keep the same value or lower it, sometimes significantly.

Reaper

[valakis_vx]

you never make money on cars...well not most of the time anyway, the cars only worth what someone is willing to pay for it

[pillzor]

well if it comes too it ill let the potential buyer take it round the block a few times , just not in the rain haha.

[Philthy]

I'd pay more for a stock car than I would for one with wheels + exhaust. If it had a massive worked engine or a custom paint job then I would pay more, but don't expect to get anything close to the amount back that you have spent on it

[Avi8or]

The only mod that you can really do that will increase the value is a manual conversion. Manuals will 99% of the time attract a higher price than the same car in auto (I would know, I was one of those who converted).

[simmons001]

Mods add nothing to a car, period. Maybe a thousand or so over a standard car if they are good quality mods and of wide appeal (No wild or stupid body kits etc). Unless you are spending the sort of money to bring a car to show quality, it's something you do to improve and enjoy the car whilst you own it. If you spend 10k on a 10k Commodore, its worth maybe 11k when you come to sell it. If you expect to get your money back on mods you are just wasting your time.