Open thoughts on resale of your car - with mods
#1
Not sure how to title this, but my interest is a conversation over your strategy concerning the money spent on your car and the length of ownership of that car and its resale value.
How long do most of you own or plan on owning your 5'r? 3 yrs, 4 yrs? I see some of you spending thousands of dollars on upgrades. I understand the reason for it, but I question the future value of the car. What is the experience selling a modified car? When I heavily modified a sportbike I had, I ended up parting some of it out prior to selling it and converting it back closer to stock. It wasnt bone stock at that point (hard to convert a big bore kit back to stock) but I sold it as stock. The resale was actually hurt by the mods.
If you have money to throw away and have fun, well this topic isnt for you. But those with actual budgets, thoughts?
thx
How long do most of you own or plan on owning your 5'r? 3 yrs, 4 yrs? I see some of you spending thousands of dollars on upgrades. I understand the reason for it, but I question the future value of the car. What is the experience selling a modified car? When I heavily modified a sportbike I had, I ended up parting some of it out prior to selling it and converting it back closer to stock. It wasnt bone stock at that point (hard to convert a big bore kit back to stock) but I sold it as stock. The resale was actually hurt by the mods.
If you have money to throw away and have fun, well this topic isnt for you. But those with actual budgets, thoughts?
thx
#3
Contributors
Joined: Apr 2008
Posts: 703
Likes: 0
From: Ramstein AB, Germany
My Ride: 2007 525i, mystic blue metallic, black leather interior, dark poplar wood trim, premium package, navigation, iPod, park distance control, voice activation, bluetooth.
Mods: Full M-Tech Kit, ACS Rep Rear Window Spoiler, ACS Rep Rear Deck Spoiler, ACS Rep Quad Diffuser, ACS Rep Exhaust Tips, Remus Duel Exhaust, De-badge, 20% Tint Front and Rear, Umnitza Predator Ice V2, HID fog lights, Clear Side Marker Light Bulbs (yellow when on), Dark Poplar Wood Shifter, Dark Poplar Wood e-Brake Handle, Dark Poplar Wood Steering Wheel Inserts, OEM Steel Pedals, OEM M Footrest, 19 inch OEM 121s (Summer), 18 inch 124s (Winter), Shadowline Window Trim, Blacked-out Kidney Grills
Originally Posted by ShadeZeRO' post='801177' date='Feb 25 2009, 04:36 PM
Part it out is my option (if you have good condition stock parts sitting around).
Dealers will give you pennies for your upgrades.
Dealers will give you pennies for your upgrades.
#5
Members
Joined: May 2008
Posts: 226
Likes: 0
From: Chicago
My Ride: 2004 545i Sport, Premium, Cold Weather, Ipod, 35% Tinted windows
Personally I plan on keeping my car for awhile and getting my money worth out of the vehicle. I had a nicely modified Audi A4 before which I only kept for a little over a year. In hind sight I should have just kept it after spending all that money. So My plans with my five are to at least keep it until it's fully paid off and then some. Then I can get a nice F10.
Thread
Thread Starter
Forum
Replies
Last Post
rackhacker9275
E60, E61 Parts, Accessories and Mods
7
05-11-2018 04:05 AM
chadillac2000
E60, E61 Parts, Accessories and Mods
42
09-13-2017 11:15 AM