MODIFICATIONS and TRADE IN VALUE
#3
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Hm.....thats fuct up then.
I just wanna rim it, and lower it...thats all.
You mean even if I put like 15Gs of MODS into it....the value will still go down?!?!
Where is BAYSIDE NY? Upstate??
I just wanna rim it, and lower it...thats all.
You mean even if I put like 15Gs of MODS into it....the value will still go down?!?!
Where is BAYSIDE NY? Upstate??
#4
Burning Brakes
....bayside is in queens.
anyway, rims and lowering etc, will add value to the right audience. However, most people don't want to buy a used car that someone took apart, messed with parts, etc. However, there are people who will want that stuff. For example: You add rims, exhuast, shocks, tires, suspension etc If u can find a user taht wants a tsx that has these mods, then you'll get to sell for tsx value + the market value at that time of the mods. However, that isn't most people.
Most people looking for used cars want a car taht is fully stocked, and untouched. Un opened. Yes, if u end up putting 6 monitors in there, Navi, Rims, etc etc, you'll get some value, but your car will lose value too. If it does gain value, its only because of the price of the parts. Your car might sell for 1000 more, but that'll probably be because ur wheels u added costs 1500, and the market value is 1100 at the time, technically, you lose 100 off your car.
anyway, rims and lowering etc, will add value to the right audience. However, most people don't want to buy a used car that someone took apart, messed with parts, etc. However, there are people who will want that stuff. For example: You add rims, exhuast, shocks, tires, suspension etc If u can find a user taht wants a tsx that has these mods, then you'll get to sell for tsx value + the market value at that time of the mods. However, that isn't most people.
Most people looking for used cars want a car taht is fully stocked, and untouched. Un opened. Yes, if u end up putting 6 monitors in there, Navi, Rims, etc etc, you'll get some value, but your car will lose value too. If it does gain value, its only because of the price of the parts. Your car might sell for 1000 more, but that'll probably be because ur wheels u added costs 1500, and the market value is 1100 at the time, technically, you lose 100 off your car.
#5
if you trade in a car, they will give u minimal to no value for your mods. its best to go back to stock and part out the car.
and if you were to sell it privately, it all depends on audience. some who look to buy the car in a stock form may be turned off because they will think the car has been punished and abused since it is modified, while other who wants a modify car might be turn on by it.
and if you were to sell it privately, it all depends on audience. some who look to buy the car in a stock form may be turned off because they will think the car has been punished and abused since it is modified, while other who wants a modify car might be turn on by it.
#6
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Thread Starter
Well sense a MODERATOR closed my HYPER BLUE rims thread......
Guess Ill ask the question again here......incase someone has the answer(since they cant reply in the other thread).
IS THERE A SUCH RIM COLOR AS HYPERBLUE? Ill see if I can find the image of the rims to post for you.
Thx for the replies by the way.
Guess Ill ask the question again here......incase someone has the answer(since they cant reply in the other thread).
IS THERE A SUCH RIM COLOR AS HYPERBLUE? Ill see if I can find the image of the rims to post for you.
Thx for the replies by the way.
#7
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Originally Posted by TasteOfPower
Hm.....thats fuct up then.
I just wanna rim it, and lower it...thats all.
You mean even if I put like 15Gs of MODS into it....the value will still go down?!?!
I just wanna rim it, and lower it...thats all.
You mean even if I put like 15Gs of MODS into it....the value will still go down?!?!
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#8
Originally Posted by TasteOfPower
Well sense a MODERATOR closed my HYPER BLUE rims thread......
Guess Ill ask the question again here......incase someone has the answer(since they cant reply in the other thread).
IS THERE A SUCH RIM COLOR AS HYPERBLUE? Ill see if I can find the image of the rims to post for you.
Thx for the replies by the way.
Guess Ill ask the question again here......incase someone has the answer(since they cant reply in the other thread).
IS THERE A SUCH RIM COLOR AS HYPERBLUE? Ill see if I can find the image of the rims to post for you.
Thx for the replies by the way.
#9
The mods are for your enjoyment, not the next persons. Do not expect anyone to pay you for them. Even if they wanted them, you can bet they'll SAY they don't to avoid paying for them. consider modding the car your hobby, like flying R/C planes or something: enjoy it for what it is, but it's not a money maker.
#10
Depending on the mods, it may or may not increase/decrease the car value. For example, my previous car had a market value of about $12000 when I was selling it. I had rims, lowered, body kit, HIDs and a custom sound system totalling about $15000 (it was a show car). However, nothing "engine wise" was modded. At the end I was able to selling the car at $15000. Yeah, you can say it increased the value of the car by $3000, however, I lost about $12000 to have that $3000 increase. So bottom line, are you going to get your money worth when you mod a car and sell it? The answer is simply no. And if you're looking at a trade-in, dealers will definitely offer you else than the market value. Hope that helps.
#11
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Thread Starter
here is the image. i think its photoshoped tho....but yeah....im just looking for rims to match the car....some faded type of color like that...
preciate the replies
#12
Originally Posted by TasteOfPower
Anyone can school me on how MODing your whip effects its trade in value?
#13
Let me help you!
Non-enthusiasts will say, "Man, this car has mods...he might have abused/raced it hard"
Enthusiasts will say, "Hmm, I'm 100% sure he abused his car. Also, I don't want to have someone else's ride...I wanted my car to be unique"
Mods are non-Acura components (unless you get something like A-spec suspension). They'll make your car look less reliable.
When getting rid of your car, follow these instructions:
1. Put the car back to stock
2. Sell your parts with a slight hit in price
When buying a new car:
1. Never trade-in your car to a dealer. They will conspire to rape you, and then rape you hard....and then rob you.
2. Sell your car privately. This way you make get the most out of the sale, which you can then use as a downpayment.
3. If you are too lazy and want to just trade it in, don't mention the trade-in until after a price is agreed upon. If they ask if you want to trade-in, tell them that you might consider it, but you want to see what kind of price you can get for the new car
Enthusiasts will say, "Hmm, I'm 100% sure he abused his car. Also, I don't want to have someone else's ride...I wanted my car to be unique"
Mods are non-Acura components (unless you get something like A-spec suspension). They'll make your car look less reliable.
When getting rid of your car, follow these instructions:
1. Put the car back to stock
2. Sell your parts with a slight hit in price
When buying a new car:
1. Never trade-in your car to a dealer. They will conspire to rape you, and then rape you hard....and then rob you.
2. Sell your car privately. This way you make get the most out of the sale, which you can then use as a downpayment.
3. If you are too lazy and want to just trade it in, don't mention the trade-in until after a price is agreed upon. If they ask if you want to trade-in, tell them that you might consider it, but you want to see what kind of price you can get for the new car
#14
2. Sell your parts with a slight hit in price
3. If you are too lazy and want to just trade it in, don't mention the trade-in until after a price is agreed upon. If they ask if you want to trade-in, tell them that you might consider it, but you want to see what kind of price you can get for the new car
#15
Go Dutch !
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Heavy mods will decrease value, but nice aftermarket rims and some lowering springs will not (as long as it's not to the extreme), neither will a decent spoiler (not talking about the double ironingboard trunk spoilers ofcourse). For nice rims you'll get some extra money back. Things like open air intakes you better take off, as most people associate those with extreme driving...
#16
Just dial 1911
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When I sell or trade in my TSX, it will be put completey back to stock. Much easier to sell that way (wider audiance and no ricers coming just to "test drive" it ) and the parts individually would get you back some coin...
#17
Originally Posted by SoCaliTrojan
Non-enthusiasts will say, "Man, this car has mods...he might have abused/raced it hard"
When buying a new car:
1. Never trade-in your car to a dealer. They will conspire to rape you, and then rape you hard....and then rob you.
When buying a new car:
1. Never trade-in your car to a dealer. They will conspire to rape you, and then rape you hard....and then rob you.
I am an enthusiast and I would say those things.
I got a fantastic trade in from the dealer and still only paid a few hundred over invoice for my TSX. In addition to that, I got the benefit of the sales tax savings by trading it in (WA state = 8.9%), I did not have to pay for advertising and I did not have to deal with losers and lowlife wanting to come to my house to look and drive my vehicle. It all comes down to your negotiating skills, know your pricing and value and don't be afraid to walk away from the deal.
#18
Just dial 1911
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Originally Posted by tsturbo
I disagree with your two points, I am an enthusiast and I would say those things. I got a fantastic trade in from the dealer and still only paid a few hundred over invoice for my TSX. In addition to that, I got the benefit of the sales tax savings by trading it in, I did not have to pay for advertising and I did not have to deal with losers and lowlife wanting to come to my house to look and drive my vehicle.
#19
Originally Posted by joerockt
Its still not as much as you would have got had you just sold it. And in CA, we dont have that sales tax benifit. The trade-in has no effect on the taxable sale price.
Check the CA law, are you sure it doesn't work like the WA state one when trading in?
#20
Just dial 1911
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Originally Posted by tsturbo
Not true, I had my vehicle listed for sale/advertised for a month and no takers (30k price), dealer gave me 29K, just about an even wash for what I paid for the TSX, paid no sales tax on TSX, saving myself about 2,600.00 in sales tax, if I would have got 30k for selling my vehicle myself, I made 1k more but end up 1,600.00 in the hole because of the sales tax.
Check the CA law, are you sure it doesn't work like the WA state one when trading in?
Check the CA law, are you sure it doesn't work like the WA state one when trading in?
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