R56 To sell your MINI S
To sell your MINI S
Is it better resale value to sell your slightly modified MINI in a STOCK CONDITION or leave it Modified?
Last edited by matty125; Sep 7, 2008 at 07:41 AM.
It depends on the modifications and the buyer.
A dealer will use any non stock items to reduce the price offered.
Personally I would not buy a modified car. Before looking at a car I would first make certain that it is in 100% stock condition.
A dealer will use any non stock items to reduce the price offered.
Personally I would not buy a modified car. Before looking at a car I would first make certain that it is in 100% stock condition.
Thanks, Im leaning towards that too. Im hoping more will offer their opinions too.
Won't hurt to try an inital offer w/modifications to the market that may appreciate and want their MINI to be so equipped, but since this is a much more narrow market, it may not be successful.
In pricing for this market, you should subtract a value based upon Your Time and Trouble for the "return-to-stock" project as well as for a 'sooner' sale. This would be worth a try for a period of time that suits your situation, but expect more favorable result offering an un-modified car.
As said above, to a Dealer (or to the General Public), those modifications subtract from value, so return to stock and you might even recoup money on the modifications by offering them, alone, to the enthusiast market.
In any case, downplay "driven hard" as much as you can, as this is always a major fear for a purchaser of a 'pre-owned' performance vehicle.
In pricing for this market, you should subtract a value based upon Your Time and Trouble for the "return-to-stock" project as well as for a 'sooner' sale. This would be worth a try for a period of time that suits your situation, but expect more favorable result offering an un-modified car.
As said above, to a Dealer (or to the General Public), those modifications subtract from value, so return to stock and you might even recoup money on the modifications by offering them, alone, to the enthusiast market.
In any case, downplay "driven hard" as much as you can, as this is always a major fear for a purchaser of a 'pre-owned' performance vehicle.
Before I bought new, I was looking at used minis. I eventually got really put off my people adding things- exhaust, pulleys, etc....because that just means they were ripping around at top speed and who knew how they seriously drove.
It brought me to buy new, so I would throw back to stock and then sell.
It brought me to buy new, so I would throw back to stock and then sell.
Ya I plan to advertise her as a highway commuter and not my weekend track car
The mods would be easy to remove, well all accept that damn Down pipe.
The mods would be easy to remove, well all accept that damn Down pipe.
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When shopping for used cars I've always been leery of those that have mods. The car may not operate normally or there may be warranty issues down the road. A 100% stock car is like a blank canvas just waiting for the new owner to do his thing, not a canvas that already has someone else's scribblings...
I find this to be an interesting thread.......so much space is devoted on NAM to modifications, yet most of the above posters say they wouldn't be interested in a modified car or feel it decreases the value. Personally, I'd like to have a more aggressive exhaust sound, but won't change the exhaust system because I believe it will decrease the value of my car upon ultimate resale.
Basically what you want to do is sell a modded car to someone who would never consider a modded car.
You were the one who modded the car. List it correctly and you take the financial hit. Don't pass it on to someone else and have them take the risk of your mods creating long term problems.
Before I bought new, I was looking at used minis. I eventually got really put off my people adding things- exhaust, pulleys, etc....because that just means they were ripping around at top speed and who knew how they seriously drove.
It brought me to buy new, so I would throw back to stock and then sell.
It brought me to buy new, so I would throw back to stock and then sell.
I would not turn down a car just because it had some upgrades. Just because a car has upgrades doesn't mean it was not well taken care of. You would need to look the car over carefully no matter if it stock or modified.
I think you would be dreaming if you thought any of these cars were driven by little old ladies just on Sundays.
I think you would be dreaming if you thought any of these cars were driven by little old ladies just on Sundays.
I find this to be an interesting thread.......so much space is devoted on NAM to modifications, yet most of the above posters say they wouldn't be interested in a modified car or feel it decreases the value. Personally, I'd like to have a more aggressive exhaust sound, but won't change the exhaust system because I believe it will decrease the value of my car upon ultimate resale.
A couple years ago, I have a heavily modded A4. Big turbo, coilovers, injectors, test pipe, exhaust- I could beat an M3 in that thing.
When I went to sell it, I couldn't give it away. Nobody wanted it. They loved it at the meetups, but nobody wanted to touch it.
To part it would be too costly. I had all the stock stuff in the garage.
Absolutely silly. Last time I do something like that.
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