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Shift the easy to remove mods, this will help you in two ways:

1, Make the car more appealing to more of the market (not everyone likes to purchase a modded car)

2, The mods wont affect the market value of the car, so your best off raking some money in from the sale of the mods separately
 
Pabs... I've sold a couple of modified cars in the past, so I know the situation you're in.

I had a Focus 2.0ESP that had a lot of mods done to it. Tasteful ones, and mostly engine ones too, but a lot of mods none the less. I advertised it hoping to get some of the value of the mods back, but the reality was it simply didn't work like that. I couldn't advertise it in AutoTrader as people looking there want a standard car, so I was stuck with advertising it on forums. Luckily I found somebody who wanted the mods, which meant I didn't have to remove them, but I still only got a couple of hundred pounds over book price.

Then my Celica... that was also nicely modified, but again, the mods made it much harder to sell. Garages weren't interested in the main and wanted it put back to standard. Private sellers were hard to find too, because of the modifications. Plenty of interest in it if I put it back to standard as it was a good condition, well looked after car. But the mods made it a nightmare. In the end I took as much off as I could and part-exchanged the car for just under book value and sold the mods removed separately :(

The morale of the story is, not everybody wants a modified car. You seriously limit your potential market as not everybody who wants a Leon can afford to insure a heavily modified car, nor are they prepared to take the risk without knowing how good the workmanship has been.
Some mods are ok - the bolt on ones mainly such as suspension and wheels - but any more than that and it gets tricky.
If you do find a buyer who is able and interested in the car, you wont get much over book value for a similar condition car UNLESS you're willing to keep it advertised at the price you want for as long as it needs. If you want to sell it quickly, you'll have to de-mod and ask for book value, or prey that the right buyer turns up straight away.

It's a numbers game I guess. Make the car appeal to as many people as possible and you'll have more chance of finding a buyer. Limit that market and it gets harder.

Whatever you decide though, I really hope you get what you want for it :)
 
Yeh, i know mate - i maybe should have been clearer in the first post.

I'm not expecting the mods to push the value UP - I'm expecting it to push it down.
I'm not expecting to get lots of interest because of the modifications - I've limited the market.
I'm not in any way expecting to get anywhere near what I paid for the modifications back.

I just don't know what figure I should put it up for, in its current state. Then if needs be I can drop the price - but I can't INCREASE the price once its up for sale.

I paid 11.5k for it at the end of 2004. Mid 2007, almost 3 years on, would be potentially when it is put up for sale. 8k to start with, and then drop? or 7k? or less?


thanks :)
 
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Just had a quick scan of the classified ads and standard 03/04 plate models with 60 - 80k miles are advertised between £6.5 - 7.5k

Have you tried getting a part ex. price from a dealer? Whatever price they offer you could easily add a grand or two on top of that for a private sale.

When I part ex'd my FR for the LCR I got £11.4k and a few days later it was on their forecourt for £14.5k :(

Did your car have leather as standard? Just a thought, you could do a swap with someone + cash, would only take 1/2 hour :)

You could also swap your alloys & tyres + cash (or sell them separately if you still have the originals).

I'm pretty sure that even if you paid for a couple of hours labour to remove your FMIC & re-fit the old one, you'd still sell it for half the retail price, giving you another few hundred pounds.

Also sell any easy to remove bits & pieces, such as the short shifter etc.

You'll find it harder to shift a modified car, and you probably wouldn't get much more than 'book' price unfortunately.

We all know it's mint & well looked after by an enthusiast, sadly though, Joe public would only be interested in a 'bargain' - as much car as possible for as little money as they can get away with :(

*Edit: In modded spec, as it it now, if you're happy accepting £7250 ish for it, I'd probably go for £7750 or maybe £8000 to start with... wherever you start from, you'll get haggled down & if it doesn't attract much genuine interest to start with, you still have room to reduce the asking price and take more haggling on the reduced price & still get near what you want :)
 
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I would advertise it or £7.5 to start with, but would take off as much as you can - without big labour charges - and sell some of it privately too. The interior bits can be removed, wheels could be part-exchanged for standard items, and any original bits you still have could be swapped back on. Do that, advertise it for £7.5 and see what happens :)
 
Just had a quick scan of the classified ads and standard 03/04 plate models with 60 - 80k miles are advertised between £6.5 - 7.5k

Have you tried getting a part ex. price from a dealer? Whatever price they offer you could easily add a grand or two on top of that for a private sale.

When I part ex'd my FR for the LCR I got £11.4k and a few days later it was on their forecourt for £14.5k :(

Did your car have leather as standard? Just a thought, you could do a swap with someone + cash, would only take 1/2 hour :)

You could also swap your alloys & tyres + cash (or sell them separately if you still have the originals).

I'm pretty sure that even if you paid for a couple of hours labour to remove your FMIC & re-fit the old one, you'd still sell it for half the retail price, giving you another few hundred pounds.

Also sell any easy to remove bits & pieces, such as the short shifter etc.

You'll find it harder to shift a modified car, and you probably wouldn't get much more than 'book' price unfortunately.

We all know it's mint & well looked after by an enthusiast, sadly though, Joe public would only be interested in a 'bargain' - as much car as possible for as little money as they can get away with :(

*Edit: In modded spec, as it it now, if you're happy accepting £7250 ish for it, I'd probably go for £7750 or maybe £8000 to start with... wherever you start from, you'll get haggled down & if it doesn't attract much genuine interest to start with, you still have room to reduce the asking price and take more haggling on the reduced price & still get near what you want :)
RobM and Jonny are quite right...

Pabs I'd put it up for 8k. Sell the easy to take off mods and de-mod (i.e remove your struts) as much as you can. Once this has been done wait for offers. You can make a few bucks as jonny said by selling alloys and getting origionals back.
 
It really is daft the way some people think when buying a car...

modified = shagged :shrug: Hmm...

I mean, how many people post on here "finally, after more than 4 months of trawling the classified ads up & down the country, I eventually found the perfect car! It's a standard... blah blah blah... p.s. where's the best place to get a dump valve, CAI, 'zorst' etc etc..." :blink:

Completely silly, but possibly true, if you put your car in the 'cars for sale' section as it is (modded) for £7.5k, chances are you'll have a couple of people interested, but after a week you maybe wouldn't get any serious or genuine buyers. People are put off by mods, for whatever reason.

However, if you de-mod it and put it in the 'cars for sale' section for £7.5k, it'll probably sell quite quickly & easily. And whoever was 'umming' and 'ahhing' about it while it was for sale modded would probably also buy your mods from the 'accessories for sale' section for an extra few hundred pounds and put your car back exactly as it was when you had it modded :confused:

Weird... I don't really understand it myself... buy a nicely modified car at book price, or buy a standard car at book price and spend a fortune modding it so it's the same as the modded car I could have bought for the same price as my standard one... :whistle:

I'm gonna shut up now... I'm confusing myself... I know what I mean though :headhurt:
 
lol - i know whatcha mean too! :)

So it seems my guesstimated figure is about right then - so I'll see how things go and if I can afford to get the next car or not. TBH - after looking at some more figures today (and not being paid as much as expected) it might mean things are going to be tighter than thought.

However, the seller of the property we are buying hasn't found a property for themselves yet, so it could be a good few months before anything happens with moving.
 
If you add up the value of the modifications that could be removed and sold, you may find that any value lost when selling your car can be more than compensated for. I know when I sold the Celica that it went for a grand less than I hoped for, but I managed to sell about £600 worth of stuff so wasn't hit too hard :)
 
not considering any part ex's TBH - and the car might not be up for sale for a little while yet - further developments in the life of Pabs LOL...

Unless, of course, the part ex is a Supra TT :)