Quote:
Originally Posted by jims69camaro
obviously, anything you have added to the car adds to the end value. it's how much that is usually brought into question. car dealers rely on the value of the car only - and at the other end of the spectrum, the car owner has a very inflated value attached to a modified car. the truth lies somewhere in the middle, so to speak.
anything modified should be augmented by 33% of the retail price of the added parts. your time putting those parts on, however, draws a big fat zero.
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Given the rocking list of stuff he has, I bet the average guy won’t want this car, but it would be rather alluring to the enthusiast. If that is the case, I’d list it all and inflate the appropriate value (i.e. poor, fair, good, etc.) from KBB by 20-30% the cost of the cool parts – I’d at least see what that ## is and use it as a starting point. I also agree that any labor costs are lost. It also depends how fast you want to sell it, of course.
If it was a general statement, I disagree with “anything you have added to the car adds to the end value”, for the reasons I stated earlier. To illustrate with a hypothetical, if he added an airbrushed mural of UBG on the hood for $1000, I doubt it would raise the resale value of the car $333, and in fact it might reduce the resale value. Extremely odd example yes, but people do odd & sometimes expensive things to their cars, and those changes would not add to the value of the car. Another hypothetical is if you jack the AC out of the car. Even if it cost you $$ for an AC delete box or something, AC raise the value, so taking it out logically cannot also raise it. I'd also argue the $$ value of the NOS setup is worth zero on resale, and may in fact be a negative to
many buyers.
Cool thread.