Realistic used car prices

[swingn]

Oh, & don't think mods will bring you any value... Even if they are genuine manufacturer options, all they do is give you a better chance of selling the car over one that doesn't have all the bits on it.

& even then, it's still in the eye of the beholder... Just because you may think the quad tips & STI lip do wonders for the car (Which they do in reality ) doesn't mean the personal who is looking at your car thinks the same thing.

[Blade Hunter]

Oh, & don't think mods will bring you any value... Even if they are genuine manufacturer options, all they do is give you a better chance of selling the car over one that doesn't have all the bits on it.

I don't 100% agree with that, When I was selling the sportivo I had people calling up asking if it was modded, they specifically wanted one that was NOT modded, I am a bit the same, I don't want a car that someone put go fast bits on, all it implies is they wanted to go fast the car will be thrashed.

Not saying a car HAS been thrashed but that is the perception a lot of people have if it is modded.

Of course it is dependant on the bits, a CAI and CES will give that impression but a wind deflector wouldn't :p

[hamish_023]

My opinion is that alot of enthusiast prefer stock ones to do them up their own way too.
Yet there are heaps of people that want to buy done up cars as they cant be bothered doing them selfs or have no knowledge about it.

Also staying genuine with parts heaps alot especially with wheels etc

[speakafreaka]

If i was buying used and was looking for mods, i'd much more likely buy one from a forum member because of that awesome little search button...

everything

[jimmygt07]

Just to weigh into the debate recently the old man purchased this car http://www.carsales.com.au/all-cars/pri ... &silo=1011

This took him a while as the other HD holdens were purchased and then done up by enthusaists with their own take / mods on them which he personally didnt want.

For example take a look at this search http://www.carsales.com.au/all-cars/res ... ome&Nne=15 and see the varying price differences (dads is in original condition with less kms and cost less... then most of them)

Its to me what you want to pay for the car at the end of the day its your decision to part with your hard earned cash or to part with your pride and joy... Each to their own i say... My 2c

[BUDDAH]

Just to weigh into the debate recently the old man purchased this car http://www.carsales.com.au/all-cars/pri ... &silo=1011

This took him a while as the other HD holdens were purchased and then done up by enthusaists with their own take / mods on them which he personally didnt want.

For example take a look at this search http://www.carsales.com.au/all-cars/res ... ome&Nne=15 and see the varying price differences (dads is in original condition with less kms and cost less... then most of them)

Its to me what you want to pay for the car at the end of the day its your decision to part with your hard earned cash or to part with your pride and joy... Each to their own i say... My 2c

In all respects this Hold-on( very nice one at that ) is a collectors car and new would have been around $3000 The thread was referring to mass produced tin boxes where their are 10000s the same still available .

[swingn]

Oh, & don't think mods will bring you any value... Even if they are genuine manufacturer options, all they do is give you a better chance of selling the car over one that doesn't have all the bits on it.

I don't 100% agree with that, When I was selling the sportivo I had people calling up asking if it was modded, they specifically wanted one that was NOT modded, I am a bit the same, I don't want a car that someone put go fast bits on, all it implies is they wanted to go fast the car will be thrashed.

Not saying a car HAS been thrashed but that is the perception a lot of people have if it is modded.

Of course it is dependant on the bits, a CAI and CES will give that impression but a wind deflector wouldn't :p

Ok, lets put the eggs in 2 baskets

#1 - Mods (IE - After market)... Will not give you any extra value unless you can find a buyer that appreciates the parts. Generally speaking it will narrow the market looking at purchasing your car.

#2 - Factory Fitted Options... Will give you the edge over the exact same car without the additional options. When I say options (Let's use the Gen 4 Liberty as an example) I'm refering to STI front lip, STI rear spoiler, Sat Nav etc etc etc. This is primarily what I ment when stating that it doesn't bring you extra value it just gives you a better chance of selling the car.

[Kekotic]

#2 - Factory Fitted Options... Will give you the edge over the exact same car without the additional options. (snip) This is primarily what I ment when stating that it doesn't bring you extra value it just gives you a better chance of selling the car.

Try telling that to 95% of the people who have the 07 SatNav ($3000 option) who seem to think 3 years later the satnav should still add $3000 value to the car

[swingn]

^^^ That's my point exactly! The value is all in the eye of the beholder. If you think it's worth paying them premium when looking to buy, that is your choice. Generally speaking, features like that are seen as a bonus & a selling feature, but it's not an excuse to ask & expect more money for your car.

[smythie]

I have noticed on this and other car forums that car owners wishing to sell their car have totally unrealistic idea of the value of their car
A few things that aren't taken into consideration is the moment you drive out the show room you loose 10%+ in dealer delivery, stamp duty, and other government charges, that may apply and another 10% + in depreciation depending on make and model so their is automatically around 25% loss.
Easy maths $60 000 - 25% = $45000 and even more $$$ in the first year depending on Km and condition. The more expensive the car is in the first place the bigger the loss as luxury tax needs to be taken into consideration. In my last 9 car purchases I have only once been lucky to purchase a car that has held its original value 3 years later due to the very low number that were available at the time of purchase this car took 14 months to be delivered.
To get a better idea of you cars value have a look at REDBOOK and dismiss the highest price

When did this suddenly become news? It has been the way for decades - enthusiastic owners have always wanted a lot more for their vehicle than hopeful buyers have wanted to have to pay for them.

You could have easily ranted on about people giving ridiculous lowball offers for vehicles for sale.

Move along folks, nothing new here...

[GRANT ED]

You could have easily ranted on about people giving ridiculous lowball offers for vehicles for sale.

Move along folks, nothing new here...

I can relate to that too. I sold an Evo 8 MR not that long ago. I was asking $36k. I lost count of the number of people that offered me less than $30k without even looking at the car.
As they say there is always two sides to every story. Buying cars sucks and so does selling one.