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mods hurt value?

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Old 09-09-2012, 08:47 PM
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spaulsen
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Default mods hurt value?

I am thinking about doing a wide body to the rear of my c6. My question is, do you guys think or had any experiences with mods hurting the value of your car? My c6 has only 9300 miles and is a 2007 but was thinking if I trade up I didnt want to loose money because of the mods. Let me know what you think. Any feedbsck is appreciated.
Old 09-09-2012, 08:53 PM
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ScottJ03
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Depends on the buyer...
Old 09-09-2012, 08:55 PM
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Dave Tracy
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In my opinion yes. A purist would not even want the car. On the other hand, if your mods are what a new buyer would want, you would be in luck. If you are going to keep the car for many, many years and you would enjoy the mods, go for it. Would a newer Grand Sport be out of the question for your finances?
Old 09-09-2012, 08:58 PM
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spaulsen
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I was actually thinking of the GS or a Z06. Havent set down to check pricing yet but ultimately the look I wanna achieve.
Old 09-09-2012, 09:00 PM
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Rocket-J
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Any used car has a certain number of buyers that would be interested in it. After mods, it has a lesser number of buyers. The mod's maybe attrack a few more buyers but usually not as many as you lost.
Low mileage stockers still attrack the most interest.
Good luck.
Old 09-09-2012, 09:01 PM
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2vettes
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I have no regrets. I have never cared about value though, as I tend to hold onto my cars.

If you're really concerned about value at sell or trade time, save your original parts for either you or new buyer to restore to stock.
Old 09-09-2012, 09:44 PM
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Dif
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Originally Posted by spaulsen
I am thinking about doing a wide body to the rear of my c6. My question is, do you guys think or had any experiences with mods hurting the value of your car? My c6 has only 9300 miles and is a 2007 but was thinking if I trade up I didnt want to loose money because of the mods. Let me know what you think. Any feedbsck is appreciated.
You have a low mileage car which should be worth more stock and attract a larger number of buyers because it's stock.
And if you're worried about losing money, remember you'll also need to recoup the money you spent on the mods which most likely will not happen
With that in mind, if you still plan to mod it, I would do a Complete wide body instead of just the rear.

Stock = most buyers and interest.
Complete wide body = less buyers.
Rear wide body only = even less buyers.

And with the low miles, if I was looking to buy, I personally would wonder why the conversion was done to such a low mile car.

Last but not least, if you're thinking of trading up, why bother modding it at all
Just my thoughts for what it's worth
Old 09-09-2012, 09:48 PM
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VET4LES
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I agree with all of the above. I would not even consider a used car with mods.
Old 09-09-2012, 09:49 PM
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With the current money on the table from GM to clear out the remaining '12/13 yr cars, trade it for a GS.
Old 09-09-2012, 10:06 PM
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3GenVettes
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For the most part, I think mods detract from the value of a car rather than add to it. Generally, I won't even consider buying a car with mods either cosmetic or mechanical.

It seems to me that a lot of people on this forum like to mod their cars, and find pure stock in their words boring. However, there is no question in my mind that from an economic standpoint mods are money gone that you will very likely not recover much, if any, of what you spent. So the only reason to do it is if you like it, and it's worth the expense to you.
Old 09-09-2012, 10:14 PM
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Plan on keeping it a long time. Dealers will low ball it at trade time unless it's back to stock trim.
Old 09-09-2012, 10:18 PM
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ScottJ03
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Tasteful mods will attract more than stock. We will never recoup money spent but may be some one wants them as we created. Stupid mods definitely detract from sale. Not everybody wants a stock car... buying one with good mods saves $$$
Old men / dealers want stock cars... JMO
Old 09-09-2012, 10:23 PM
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Originally Posted by ScottJ03
Tasteful mods will attract more than stock. We will never recoup money spent but may be some one wants them as we created. Stupid mods definitely detract from sale. Not everybody wants a stock car... buying one with good mods saves $$$
Old men / dealers want stock cars... JMO
And more cars are traded than sold outright ! Also, we've got a heck of a lot of "older men" as you put it on this forum with highly modded cars.
Old 09-09-2012, 10:24 PM
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b4i4getit
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A car with mods is only worth what the purchaser wants to pay.
Old 09-09-2012, 10:32 PM
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A wide body car will continue to hold its value as long as you don't plan on recuping the cost of the mods when you sell the vehicle.

Honestly although I admire the wide body look as I also have a narrow body 08 corvette. I checked into the costs and for me it didn't add up. I enjoy the sleek lines of the corvette as it came from the factory and even though I admire the widebody look...I admire it with the money in my pocket.

I never mod a car or at least I promised I would not mod my car again before I get a look at the new model about to release this January.

My suggestion is wait until January when you can see the new clean lines of the C7.

who knows...you may find the sleek C6 body style you own is a very nice car to own...or you may decide to go for the wide body c6 or as GM plans to tempt you into a new C7...

Either way....its so close in time...(3 to 4 months?) before spending the money to mod ...hold off and see the new model..

Might just pay to sell your low mileage c6 and buy a grand sport as their owners decide to go for the latest and greatest...Maybe a z06 or a Zr1 is in your future....

Does it really make sense to drop the 5 to 10 grand the widebody mod will cost?

I look at it...I admire it....but I'd rather have all the money in the bank...

My C6 is dam sleek looking and very sharp as I am sure yours is..

I hope you or any of those with the widebody mod don't take offense to my opinion...None was intended..

Good luck deciding.
Old 09-09-2012, 10:42 PM
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In the corvette market, you are more likely to turn away old fart buyers with a car thats modded. Now in the mustang market, mods are welcomed. But with vettes, stock is better.
Old 09-09-2012, 10:44 PM
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When I see a modded car, besides it being tasteful or not, I think about how much the powertrain might have been abused. After all, even if the engine looks and is claimed stock, you know that the previous owner is into modding, and perhaps reverted it to stock right before selling. In short, I'd not buy a modded car. And no, I'm not old.

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Old 09-09-2012, 10:45 PM
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Originally Posted by spaulsen
I am thinking about doing a wide body to the rear of my c6. My question is, do you guys think or had any experiences with mods hurting the value of your car? My c6 has only 9300 miles and is a 2007 but was thinking if I trade up I didnt want to loose money because of the mods. Let me know what you think. Any feedbsck is appreciated.
First off your car is a 2007. A good amount of any depriciation has taken place years ago.

Second you are only talking about a wide-body kit for the rear of the car. NOT A BIG DEAL. Honestly, if done professionally, I doubt a good majority of the dealers sales dept would even notice wider rear fenders let alone deduct value? I wouldn't expect to get the cost of the parts/paint back however.

If you are modding and expect to recoupe money from the initial amount spent...forget it. However, if you want something different, faster etc and money is the least of your concerns...go for it.
Old 09-09-2012, 10:46 PM
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I don't think that all mods necessary decrease the value of your car. I personally think that more buyers would hesitate on buying a car that has engine or drive train mods than just some body mods (assuming you use GM parts).

If I were to try to sell my car (which I'm not), which one of these would attract the most interest?

(Of course you will NEVER get back the money that you spend on your mods, but you do get this every time you go out to drive it.)

Bottom line, if you're worried about losing the least amount of money, keep it stock for sure.

If you plan on keeping it for a while, you might just really enjoy the modding process and seeing the transformation take place. I know what I have done doesn't make economical sense, BUT I have had a blast doing it and you can't put a price on that. (or at least I'm not going to)

Before mods:



After mods:

Old 09-09-2012, 10:55 PM
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Originally Posted by 2vettes
I have no regrets. I have never cared about value though, as I tend to hold onto my cars.

If you're really concerned about value at sell or trade time, save your original parts for either you or new buyer to restore to stock.

I did not save any of the old parts. If I ever sell this one you buy it as is.


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