To Mod or not to Mod?
Hi everyone,
I have a question. I want to modify my S2000 with things like sound system, rims, rubber, exhaust, etc. But I plan on keeping this car a long time so if I ever want to sell this car as a collector car or just to sell it the value will be gone since it has been modified. So my question is should I modify a car that is already great?!?
I have a question. I want to modify my S2000 with things like sound system, rims, rubber, exhaust, etc. But I plan on keeping this car a long time so if I ever want to sell this car as a collector car or just to sell it the value will be gone since it has been modified. So my question is should I modify a car that is already great?!?
There are a ton of posts on this subject.
However, if you are into modding go for it. In general if you sell the car with the mods you will probably loose close to 90% (if not more) of the value of the mods. The only real way to recover value during a sale is to return the car to stock and sell the parts individually. Then you can look at maybe 50 cents on the dollar.
The S2000 will probably not be a collectors car until it approaches antique status. Even high profile cars like the 911 aren't really collectors items unless they are very specialized (RS versions) or 40 years old or more.
Have fun with the car and sell it when you are done.
Hugh
However, if you are into modding go for it. In general if you sell the car with the mods you will probably loose close to 90% (if not more) of the value of the mods. The only real way to recover value during a sale is to return the car to stock and sell the parts individually. Then you can look at maybe 50 cents on the dollar.
The S2000 will probably not be a collectors car until it approaches antique status. Even high profile cars like the 911 aren't really collectors items unless they are very specialized (RS versions) or 40 years old or more.
Have fun with the car and sell it when you are done.
Hugh
How many people do you know who keep a car long enough to appreciate because of collector value. A car is never (almost never) an "investment" - especially those in the "toy" category! If you play with it, it will get worn and will loose value. If you want your car to sell for a mark-up in the future, you need to rent a garage and put it on blocks for 20 years.
My experience is that "investor" cars are usually old to start with and rare finds. I bought a 54 Chevy wagon in 84 for $750. It had 9000 miles on the odometer and was in very good shape. I painted it, did some minor work, drove it for 5 years (almost 80K miles by then) and sold it for $1500. That was one of the few "investor" cars I've owned. I didn't "make" much money, but I sure "saved" a bundle - and loved driving the old classic.
My experience is that "investor" cars are usually old to start with and rare finds. I bought a 54 Chevy wagon in 84 for $750. It had 9000 miles on the odometer and was in very good shape. I painted it, did some minor work, drove it for 5 years (almost 80K miles by then) and sold it for $1500. That was one of the few "investor" cars I've owned. I didn't "make" much money, but I sure "saved" a bundle - and loved driving the old classic.
Originally posted by ITSJUSTACAR
If your going to put a bunch of money into modifications why didn't you buy a more expensive car to begin with.
If your going to put a bunch of money into modifications why didn't you buy a more expensive car to begin with.
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Originally posted by ITSJUSTACAR
If your going to put a bunch of money into modifications why didn't you buy a more expensive car to begin with.
remember,
ITSJUSTACAR
If your going to put a bunch of money into modifications why didn't you buy a more expensive car to begin with.
remember,
ITSJUSTACAR
Personally, I feel that you should modify your car only when you feel the need to. Some just do it for the sake of doing it, some hear suggestives and decide to do it, some do it thinking it makes the car more formidable when they haven't even mastered driving the car, some just like it all round stock and are happily contented. It's all up to you.
I tune my car to suit the way I drive, that basically means modifying the handling section of the car to my driving habits. Power band wise, it's pretty good but doing some work to bring the low-end slightly better is good as well. That's just how I see it.
I tune my car to suit the way I drive, that basically means modifying the handling section of the car to my driving habits. Power band wise, it's pretty good but doing some work to bring the low-end slightly better is good as well. That's just how I see it.



