Looking at a 2005 Pontiac GTO

[bananapeel42]

First of all, that fucking GTO isn't modded. A tune really wakes up a GTO as they are tuned pretty shittily from the factory.

Modded would be different intake, long tubes, catback, etc....

Also, most of the time, a nicely modded performance vehicle doesn't lose it's value from the mods, especially if you are marketing it to a performance crowd, it INCREASES the value.

Granted, you won't get full value of the mods, but it definitely won't decrease the value unless they are badly done, shitty quality or too extreme for the average taste.

 

[Vette73]

^

Sorry but as a former auto-tech and someone that looked at a lot of cars for people, Mods hurt value. Unless its some dumb kid looking for a riced out car; I never found anybody to disagree with that.

If I see mods I think the person beat on the car and/or drove it hard. As already pointed out why mod if not to use it. Most mods add more power and you will not notice most unless you are reving up up and driving it hard. And even aftermarket wheels and other parts might look good to you, but not to a future buyer.

Also to show my point even better go to a car auction and see what cars get more money, it will be the ones that are 100% factory. Aftermarket rims, grills, engine work, etc... brings the numbers down. That is fact and I have seen it first hand from small auctions to large.

 

[bananapeel42]

I'm not talking about auto auctions. I'm not talking about a fucking riced out civic.

I've owned many high performance vehicles, and currently browse svtperformance ls1tech mustangforums.

Cars that are modded correctly by people who know what they're doing definitely don't hurt their value. People selling KB or Whippled Cobra's go for much more than a stock car would. Same goes for LS1 Camaro's TA's with cam upgrades, intake, exhaust, etc.

Same goes for mustangs, etc....

I'm not talking about buying a god damn car at a dealer auction, of course I wouldn't pay more for a car at a standard dealer auction without knowing any history or what kind of work was done.

I'm simply saying if your selling a high performance vehicle on craigslist, auto trader, etc. if you can show that you've modded the car correct and a performance minded person comes and looks / drives the car and knows what you've done and understands the mods that were completed it can be a POSITIVE THING.

 

[StageLeft]

Damn, $18,500 would buy you a hell of a good time in that.

 

[TehMac]

Originally posted by: zerocool84

Originally posted by: TehMac

Originally posted by: zerocool84
Any car that has mods on it always makes me question it. Doesn't matter what type of car cus when people mod the car they drive, they USUALLY drive it hard even if the mods are minor. That tuner has me worried but someone that has a GTO can comment further.. Hell when you MOD something, why wouldn't you make use of the mods? It looks really nice though. Oh and BTW, modding a car lowers it's value.

Not necessarily.

which part

Well I dunno, maybe you're right, when you say mod, what do you mean?

I mean, I know what you mean, but what mods do you specifically think lowers the value of a car?

 

[alkemyst]

Originally posted by: bananapeel42
I'm not talking about auto auctions. I'm not talking about a fucking riced out civic.

I've owned many high performance vehicles, and currently browse svtperformance ls1tech mustangforums.

Cars that are modded correctly by people who know what they're doing definitely don't hurt their value. People selling KB or Whippled Cobra's go for much more than a stock car would. Same goes for LS1 Camaro's TA's with cam upgrades, intake, exhaust, etc.

Same goes for mustangs, etc....

I'm not talking about buying a god damn car at a dealer auction, of course I wouldn't pay more for a car at a standard dealer auction without knowing any history or what kind of work was done.

I'm simply saying if your selling a high performance vehicle on craigslist, auto trader, etc. if you can show that you've modded the car correct and a performance minded person comes and looks / drives the car and knows what you've done and understands the mods that were completed it can be a POSITIVE THING.

QFT...most that talk mods hurt the car are talking lower end model. My saturn was an example of that. The car was beautiful, but I got no one looking thinking it was either beat to hell somehow or too good to be true.

I fire sold it.

My 1997 GTI VR6 was different, it sold for more than the 'value' of the parts. Right buyer, right car.

The GTO's and Corvettes (Porsches, Ferrari's, Viper...etc) usually will not be hurt by most mods as they were never really a low end car...nor popular with kids. You will never usually get 100% of all the mod cost back at resale though...some people try to price like this.

It's actually a good time to buy a well tricked out car that someone over-extended themselves in (along with skijets, bikes, and boats).

 

[bananapeel42]

Mods that typically lower the value, oversized rims + tires. They are too customized and one person may love it, the rest hate it. Cosmetic mods are the most common mods to lower the resale value... paint jobs, racing stripes, etc.

Also, sometimes an exhaust modification, maybe it's too loud or too quiet for someone's taste, something along those lines.

 

[alkemyst]

Originally posted by: Marlin1975

Also to show my point even better go to a car auction and see what cars get more money, it will be the ones that are 100% factory. Aftermarket rims, grills, engine work, etc... brings the numbers down. That is fact and I have seen it first hand from small auctions to large.

Auctions are a bad example as most should be looking for cars that will sell to the average buyer, not specific one.

The 'factory' look is the one 9 out of 10 are expecting when buying a car at a dealer (which should be who is buying at an auction).

You also have a few hot cars that show up that go for way more than was anticipated. A lot of ex drug/tax felon cars show up in our auctions here. Turbo vette and porsche type cars.

 

[alkemyst]

There are a lot of people that pour money into mods and never drive hard. There is a poster here that does that.

It's not a bad thing, but more like a collection of action figures you never got a chance to play with.

The only problem I have with people like that is when they try to talk about what really works on the road and they are afraid that even breaking traction a bit causes too much wear and tear.

 

[TehMac]

Originally posted by: alkemyst

Auctions are a bad example as most should be looking for cars that will sell to the average buyer, not specific one.

I agree, auctions are very generic, I think the biggest gauge of value is the mileage, which isn't too bad at all in the OP's case, imo.

 

[alkemyst]

I just may bite the bullet on one of these in March. I am looking at putting about $10-12k into my current car at that time (engine swap/accessories, a couple seats and a couple small interior items) and I can sell my car for an easy $8-9k and with that cash just buy the GTO and pretty much be at the power level/performance I wanted given up a bit on braking and quite a bit on handling. Both are relatively cheap upgrades though.

I need to get some seat time in one to see how the weight difference feels. It's a nicely balanced car though at 55/45 (I am not sure if with driver though), my 240SX is about 53/47 with a driver and 51-52/48-49 with battery relocation and some tweaking....

The biggest concern I have with my current car is although the mileage is low, being a 1998 I am not sure how long the plastics/interior will hold up....also an accident can be an easy total for my current car.