How much are mods worth when you sell?
10-07-2011, 11:54 AM
#1
How much are mods worth when you sell?
Yes, I know, trick question.
But thought you guys would like this.
I'm still selling BMW's at a BMW dealership.
Last week a guy trades in a 2010 Mustang GT Convertible, manual trans, 14,000 miles. They book it out, make the deal, take it in, then put it on the front line with a Retail Price of $31,995. So what is the big deal?
The guy who traded it in had $40,000 worth of mods professionally installed. He was into the car for about $80k.
talked to the technician who did the work on the car. Yeah, the guy spent $40,000 on mods.
$10,000 for just the brakes
$8k for the radar detector
Eibach Pro II+ suspension
$8k for the stereo system
He had the gears in the procharger specially cut (helical instead of square) to avoid noise, and custom built a muffler for the blow-off to make a true sleeper.
He de-tuned the car to 509hp for reliability, says there is at least another 100+ hp available if you want it, but the guy wanted it as a daily driver and opted for the 509. The technician is bringing me the tuner, says it should go with the car.
Nice way to spend money if you have money to to burn. Maybe Maxima mods bring more $$ ?
But thought you guys would like this.
I'm still selling BMW's at a BMW dealership.
Last week a guy trades in a 2010 Mustang GT Convertible, manual trans, 14,000 miles. They book it out, make the deal, take it in, then put it on the front line with a Retail Price of $31,995. So what is the big deal?
The guy who traded it in had $40,000 worth of mods professionally installed. He was into the car for about $80k.
talked to the technician who did the work on the car. Yeah, the guy spent $40,000 on mods.
$10,000 for just the brakes
$8k for the radar detector
Eibach Pro II+ suspension
$8k for the stereo system
He had the gears in the procharger specially cut (helical instead of square) to avoid noise, and custom built a muffler for the blow-off to make a true sleeper.
He de-tuned the car to 509hp for reliability, says there is at least another 100+ hp available if you want it, but the guy wanted it as a daily driver and opted for the 509. The technician is bringing me the tuner, says it should go with the car.
Nice way to spend money if you have money to to burn. Maybe Maxima mods bring more $$ ?
10-07-2011, 12:04 PM
#2
I mean it looks nice...but when you say sell with mods you mean as parts then they would be worth more money to the person buying them for obvious reasons. If your saying a car like this with mods on it to be sold with the car then to the dealer they can simply say its worth less because you changed things(even if you made it better) you reduced its value PERIOD. HOWEVER, the dealer is well aware that they can make a pretty penny with a car like this because to the buyer its worth it but the dealer will always win unless you VERY good at driving hard bargains. just my 2 cents
10-07-2011, 01:01 PM
#5
The dealership booked it as a GT convertible when it came in. None of the mods added to bluebook value.
I saw the receipt for the brake work, it was right at $10k. Just the rears retail for $1600, plus all the other stuff he did with it plus the (extravagent) labor. The guy had a custom car built for him, he spent all the money. But you're right, you could probably have done it all yourself for $20,000 plus the labor.
I saw the receipt for the brake work, it was right at $10k. Just the rears retail for $1600, plus all the other stuff he did with it plus the (extravagent) labor. The guy had a custom car built for him, he spent all the money. But you're right, you could probably have done it all yourself for $20,000 plus the labor.
10-07-2011, 01:05 PM
#6
nice car for 30k.
If you demodded it before selling and kept all the stock parts you could've probably recovered 30-50% of what the parts cost new... I guess the guy wasn't too concerned about money.
I've never heard of a radar detector for $8000. What does it do? Does Come with ambassadorial diplomatic immunity?
If you demodded it before selling and kept all the stock parts you could've probably recovered 30-50% of what the parts cost new... I guess the guy wasn't too concerned about money.
I've never heard of a radar detector for $8000. What does it do? Does Come with ambassadorial diplomatic immunity?
10-07-2011, 01:19 PM
#7
10-07-2011, 01:33 PM
#8
It reads like the owner had supercar money burning a hole in his pocket, spent it modifying a Mustang, then a year later realized he was still driving a Ford.
Some people...
Some people...
Last edited by Rochester; 10-07-2011 at 01:40 PM.
10-07-2011, 01:47 PM
#10
10-07-2011, 01:55 PM
#11
10-07-2011, 01:57 PM
#12
maybe it sends out an EMP when you pass the cops to shut their engines down so they can't chase you!! BAD car though! We love our cars, dogs and guns!!!!!
10-07-2011, 02:02 PM
#13
10-07-2011, 02:26 PM
#14
10-07-2011, 03:58 PM
#17
Member
Join Date: Sep 2007
Posts: 274
....ehhhh...really?
I see a stock stereo with some amps added. Nothing that would come NEAR $8k. Is there something else missing from the photos? I'm sure there's probably a sub in there somewhere but still, I don't see $8k worth of stereo.
10-07-2011, 04:14 PM
#19
The procharger is nice. That car is worth about $20-25k at the most.
Good condition GT of that year is about $20k. Supercharger kit costs about $8k. The 2011 drove the price down on all these cars because the 2011's 5.0 DOHC offered the same horsepower as a blown 4.6.
Good condition GT of that year is about $20k. Supercharger kit costs about $8k. The 2011 drove the price down on all these cars because the 2011's 5.0 DOHC offered the same horsepower as a blown 4.6.
10-07-2011, 04:49 PM
#20
The wholesale KBB on a stock 2010 GT vert with no adds at all is $24,400. Good luck buying anything close to that, after being fully reconditioned at a dealership. Nice used cars are at a premium right now, they are going through auctions above wholesale. If you can buy a nice 2010 for $20k, buy as many as you can get. You will make money on every one.
10-07-2011, 05:13 PM
#22
and a non 5.0 blown vert is uger gay! 
10-07-2011, 06:40 PM
#26
10-07-2011, 07:21 PM
#27
He got bent over if he really spent that kind of money.
....ehhhh...really?
I see a stock stereo with some amps added. Nothing that would come NEAR $8k. Is there something else missing from the photos? I'm sure there's probably a sub in there somewhere but still, I don't see $8k worth of stereo.
....ehhhh...really?
I see a stock stereo with some amps added. Nothing that would come NEAR $8k. Is there something else missing from the photos? I'm sure there's probably a sub in there somewhere but still, I don't see $8k worth of stereo.
10-07-2011, 07:41 PM
#29
MMMMMM Focals, if I only had the money for those sexy a$$ Kevlar fibre'd puppies. Sex for the ears they are, they are.
10-08-2011, 01:44 PM
#35
Mods=Money down the drain. Over 15G is in my car, i will not get it back no matter what i try.
The only cars that could possibly make it back would be Supras, and maybe something like a GTR in Canada. Otherwise maybe a 1/3 if your lucky but most of the time 1/4 of the money you put in you will get back.
The only cars that could possibly make it back would be Supras, and maybe something like a GTR in Canada. Otherwise maybe a 1/3 if your lucky but most of the time 1/4 of the money you put in you will get back.
10-08-2011, 02:57 PM
#37
