Are You DESTROYING the Resale Value of Your Car?
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- เผยแพร่เมื่อ 2 ธ.ค. 2020
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On today's episode of Did You Know? Alex reveals why adding aftermarket modifications doesn't add value to your build. We look at how multi-piece wheels, engine swaps, and those custom carbon fiber parts you bought affect the overall price throughout this video. Have you ever lost money selling your modified car? Drop a comment below!
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#EngineSwap #SellingCars #AftermarketWheels - ยานยนต์และพาหนะ
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What's your favorite mod? If it's wheels, tires or suspension you already know where to go! www.fitmentindustries.com
Y'all recommend silvers coilovers for the dodge challenger its a daily driver over a lowering spring and shock combo?
Depends on your goals for the car! Coilovers are the better choice for more adjustability and longevity, but lowering springs will get you a lower ride height without a ton of hassle!
@@FitmentIndustries the car won't be seeing any track use will be just a street car I am running some cosmis wheels in 20×9.5 +10 front and 20×11 +5 rear would you suggest coilovers for adjustability? Running some poke on the rear
Yes! Some with camber plates will allow you do dial that in flush if you so choose!
@@FitmentIndustries do you know what companies offer rear camber plates on there coilovers? Bc or silvers? Do you guys carry the silvers coilovers for the dodge challenger already?
Can't destroy resale value if it's not for sale~
The most inspiring quote here
I agree. I still own all my project cars. If anything I've learned not to strip them down to a shell and try and keep them on the road as much as possible.
Exactly! Got a Honda in 03 and still have it and a Z in 04 and still have it
yup im never selling mine
For a second I thought you meant carjacking😅
Short answer: Yes.
Long Answer: Yes, but I don’t care.
Can't truly enjoy tuning if you're worried about resale value all the time!
Mom quote of the year - Why don't you leave that poor car alone
Short answer: Yes. Yes I am
Kyle’s with their civics “nah, those huge subs definitely add like 1k to the resale”
I’m not leaving my civic.
At least... I don’t want to
The TLDR of comments
Even shorter answer: yes.
Laughs in a 350z laugh 😂
Who in the hell buys a car to mod and then resell...I'm driving mine til it's dead. Rinse and repeat
Many, many people lol
I think youtuber freshkicks did that 4 times for this year only
Edit: just today he revealed another so 5
@@NAUT758 they do it for the views and likes. Not for the passion. It's all a gimmick
People that buy, mod then resale, and are surprised when they lose money are ridiculous. We mod for the passion of it.
@@ramonbriones4487 Yep, thats why I certain youtubers I stop watching it.
I dropped my GTI on some coils this summer and now it has that tasty '50% off resale value' fender rub.
bahaha I’m about to drop mine too
GTI represent, But mine is a stock height for better handling
Me with my GLI, chewed up ass fendies and cracked fendies 😂😢
me rubbing on lowering springs and 245/40s lol
"Resale value" bold of you to assume I bought my Camaro with more than 600 dollars
Not if the car you bought already depreciated!
Like buying at the ultimate low it's genius bro genius
Where my vq bois at
naw cuz now ur depreciated value car that was worth 3k is now worth less, just cuz its already low value doesnt mean it cant drop lower
Where’s the CTS Gang at?
couldn't even say the "b" word. i feel ya. not redy for fatherhood
Hi Birdy!
Oh hey birdy✌
I think Alex makes the best videos! Yeah, hands-down it’s his stage presence the way he talks his movements how he gets his point across yeah. He always adds the jokes in and some of the irony and it’s hilarious. Thank you Alex
I bought a super clean heavily modified 95 MK3 VR6 that was traded at a family members car dealership. Car came with a build sheet! I was able to buy it right from the trade in lot. It had a full body kit, coil overs, slotted rotors, headers and a complete exhaust system. Complete customer sound system. Best of all was the engine and transmission. Speed governor removed, rev limiter removed, Intake, Cams, lightweight pistons, 6 speed transmission conversion with limited slip differential. This car had a-lot of upgrades and from what I can tell, everything looked professionally done. I previously owned another VR6 and this one was on another level. I kept updating and adding a few things here and there. I owned it for about 10 years and eventually sold it. Best modified car I ever owned!
One thing to factor in. Owning the car outright vs. payments. Skipping financing losses, immediate depreciation, need for full insurance, etc. Leaves what a monthly payment would be available for modification, fun, and enjoyment.
I really appreciate the honesty in the video though! Fitment industries could be considered to be shooting themselves in the foot for this type content, however it is the undeniable truth.
I never sell my cars. I only buy to keep
Exactly
That damn car is staying in the family, that’s for sure!
@@tony_5156 future classics for sure!
From what I’ve found it depends on the parts you use, Adding a Fabspeed exhaust to a Porsche for example.
5:06 pretty much sums up my whole life
I probably am but I don't give a ....ok maybe I should rethink widebodying my Hyundai Santa Fe
In this case you can't really make it worse, it is a Kia after all. Can't go down if you are already at the bottom.
@@britshell you....are not wrong
A FELLOW HYUNDAI DRIVER MY BROTHER
@@thugnasty7884 in the flesh
@@s1k3nation90 You got pics of your car?
I keep mine stock, with only NOS parts.
But when I go mod...I have a sunroof over the hood, and plexiglass floorboards...and maybe get a howitzer ww2 cannon for tbe bed in the back....
I did the same thing to a 99 malibu. Wheels, rwd conversion, fuel system, drop kit, etc had over 20k into it in the end.
Of course, except I'm not looking to sell anytime soon. Also I kept all the stock parts I replaced so I can always put it back to stock.
In the past; early 2000s aftermarket companies were "new" to the automotive market. No internet, reliability was a big concern. Now days people like Dinan, ABT, AMS Performance, Rentech offer reliability through thousands of hours in R&D. Automotive car brands are partnering with aftermarket companies to offer more horsepower to their customers. Really comes down to where you're buying the aftermarket item from.
Yes, I agree individually, never sold a car before, would like after market wheels, compared to the price of the OEM wheels brand new, makes the decision a bit hard.
I think it depends which direction your going in when modifying your vehicle, go fast parts versus longevity/ improved designs. I have an 03 HO 5.9 cummins with a 6 speed manual, nearly stock when I got it besides a trailer brake and CAI, I added a Fass lift pump with 2 mircon filters, a 52 gallon S&B fuel tank, a 2 Micron Amsoil bypass filter, BBI stage .1 injectors, and a rebuilt OEM turbo and manifold with ceramic coating on the hot side. These are all supporting if not improved designs for a stock truck, the only exterior mods are stickers and they're removeable. It'd be hard to argue against these mods at decreasing the value versus a juiced up 2500 with injectors, turbo, 22x14s on a 6" lift.
Build it like you don't want it to brake has been my motivation for cleaning up after the previous owners.
Hahahah never would I thought my Vlog be feature on fitment this is awesome!!
You know what would be nice. If FI added suvs and cuv info. I was looking for suspension and wheels for my Infiniti QX70, and it doesn't even show up in the drop down
You're not meant to want to mod those, don't you know?
Plus I think the market thinks you should get lift kits 🤪🤣😂
Really wish people understood this concept though... Here in SA R5000 wheels adds R6500 to the car after market price, and a turbo doubles the value :( and its why I drive a beater because I cant afford cars
This one hit home for me... specially when he did the “wha” face... we don’t all like the same cars?!! I thought we did!
I don't know much, but buying used and selling on FB Marketplace has worked out pretty well for me.
I added a auto trunk lift kit on ym q50s. Should of came stock. That for sure will add value. Same for the Takeda CAI designed for the car. The tesla mark 3 is iffy... depends on the user. Next upgrade will be having my interior redone with new pattern leather on seats, amd new headliner.
*looks at my trans am**
Perhaps...
Good to know. Now I'm turning my NA miata back to bone stock to sell for $8-10k
“Just put some tape over the check engine light, slap it on the ass and let it go back down the road”
"this little light of mine!
I'm gonna let it shine!!!"
Just buy a 20$ code reader and clear the codes
honestly depends on the rarity, looks and performance upgrade involved in the mod. If your going for OEM plus look then most times value increases vs ricing the shit out of it. HP increase usually adds value as long as reliability has been unchanged. Also exclusivity is a big factor, discontinued models are going for a hefty price right now as long as they are in good condition.
This was a great video for me since I recently sold a Cadillac ELR which was in beautiful condition and all stock since I moved into a condo where there was no place to plug it in. I had originally traded a Nissan 370Z for the Caddy which was also in great condition and mostly stock and since I loved the 370Z so much decided to buy another one after selling the Caddy. The new Z was a few years newer than the previous one, but was highly modified with an Amuse full body kit, very expensive forged wheels, and Air Lift suspension to name a few. The Z I bought was the lowest priced of any I had seen and had most of the modifications I liked, and I made $7k dollars between selling the Caddy and buying the Z, but now I am finding it will cost me that $7k to get the Z up to my standards.
I put bbs rs wheels on my car and as for the parts I changed I put rare oem parts on it. Stuff that is very hard to find and now days when you do it’s gonna cost lotta money for what it is. Like 1500 for the fiberglass hood or 800 or the euro spec tail lights, and bunch of interior bits. I have my unicorn and it’s the oem chmsl in clear with red led’s aka “3rd” brake light. I think these parts added to the value of the car for enthusiasts of that make and model car.
Watching this as I just finished recording a video on my widebody mustang and getting ready to prep my rocket bunny 240sx 😳
Deman for used cars is at an all time high. I got my 06 is350 appraised before COVID and they told me it was worth 4500 dollars with 155000 miles in prestige condition. I totaled it in September with 175000 miles and insurance gave me 9 grand. It had coil overs and some other minor things done.
The key is to do modifications that are easily reversible and can be returned to stock form, like lips wheels suspension and other bolt-on performance parts too, but do not cut up your fenders and wide body your car.
My wheels shipped from you guys today !!!!! To bad its winter and they won't get put on for months 😕
AYOOOOO! Either way we appreciate the support fam!!!!!
@@FitmentIndustries you guys know if riken raptor's stretch well ??
8:36 shoutout nightride gang
You had me at "Brrrp! ch-ch-ch-pshht!" and "Raaam-pere-per-perrr!".
Nightride finally got some love !
I know a guy who sold his R32 like this .every person who came was like no men the car is too expensive . And he always responds ,the car is for free. So you can transport the mod engine ,rims and stereo.
If I get a 2011 g37 IPL and put snow tires on it will it be fine in the winter? I live in Ohio and we got around 15 inches of snow where I live?
I swear just today I was thinking about the rear fenders I must stil cut on my gt86 for the body kit to accommodate the 18x11 rear wheels i ordered from Fi and what will happen to value of the car and here this vid pops up.
My ride is going to look insanely awsome. My philosophy "everybody wants to go to heaven but nobody wants to die" tomorrow I butcher
Ey bro! That new hybrid Pacifica is badass. I'd mod that and rock it 👍🏾
When you have kids, you don't get a Pacifica - you get a Porsche Macan S/GTS. Which FYI is STILL not a selectable car on Fitmentindustries.com!!!
You get a ford explorer. Not a Porche. Kids are expensive.
Can you make a video about the proper way to get turbo noise instead of just throwing in cold air intakes and such without support mods
try telling guys with 98 dodge 12 valves or any diesel truck older than 2002 with 300k miles, $6k suspension, cracked dash and $4k wheels and tires. they want double or even triple what the truck is worth 🤣🤣🤣
How about if I get a purpose built engine upgrade ? like they make a 700+ hp stroker crate engine for $7000 ?
the reality is that much like the car itself the parts depreciate from being used, add to that it limits the market of potential buyers and it becomes a situation where you need to find the right buyer or sell the car for less than the stock example.
If you replace old oem parts before they break for new oem parts and keep the car reliable that adds value to the car or not?
My favourite is when someone hits your parked car and writes it off and then you have to try and pull all your parts off because insurance isn’t going to pay you what you put into it, it’s happened to me twice now. This last time I was able to replace my ride with a really clean manual G35 sedan and I got it for under 5k :)
Oh c'mon, let the kids have their fun. I did it too in my fast n furious days (I had Jesse's Jetta 😂) But as you get older, you realize the best way to get performance, is to buy from a company with in-house performance division (like M, AMG, Abarth, N, TRD, Nismo, RS, F ...etc). I daily an e46 M3 and it'll never know what aftermarket is; maybe perhaps lighter weight rims for less rotational mass, but that's it.
Bro you gotta try my pacifica hybrid, hook up some 22s
Absolutely ruined the value of my BRZ when I added an Edelbrock eForce supercharger, wider wheels, upgraded suspension, exhaust, trans and brake mods.
But I plan to keep it forever so it'll never get resold so I don't give a damn it's not as valuable to unappreciative people.
thats why you get a car you love
yea there is definetly some mods that add to the value of the car, mostly economy mods for reliability in older cars, maybe a popular brand exhaust many people would buy extra, a good set of wheels also, not 100% but its gonna add a bit to the resale* .
for example i bought my 86 early this year for 18k bone stock but with 2 sets of wheels, now similar examples go for 20k now, value addition of 2 sets of wheels, exhaust and thats it...similar model with better suspension setup? 21k €.
*asuming everything is professionally/well done and not fudded to the extreme.
>anything you add on to your car makes it less reliable
Me who put some stickers on: "Oh no! My front bumper fell off!"
I actually got dual 12 inch kicker comp R. I'm satisfied, and so is my kid.
every day I destroy the resale value of my car. little by little, every slammed gear, every clutch dump, or clutch kick, every time I redline it... it adds up
Alex I love the new wheels you’re producing however; is there a reason why you only offered the five spoke in the focus ST fitment??? I really love how the other wheels in the lineup look. Too bad you don’t have sizes for the focus ST in those. Still waiting for some really kick ass wheels in the fitment for the focus ST. I feel like my car is like the little bastard child. Because for some reason nobody really wants to make rims for it. I guess I’m going to have to put adapters on the car for 5x4.5” bolt pattern...????????
Well I'll be making money on my Rx8, bought for 550£, spent about 500£ in parts and it should sell for about 1500-2000£. Depending on how little people care about the terrible paint.
The engine compression is brilliant at 7-8 for rotor faces
Bought my car for 32k. Spent another 30k on super rare JDM mods. What's it all worth now? Probably nothing but I love it.
Over the last 25 years, you would be amazed at how many hoods of hot rods, I've opened, and found a radiator support bent. Or an upper apron that's been beat the s*** out of. Because most of the time... You can't afford to upgrade it... Until the insurance company gives you a check for all the upgrades you need. What better time than to build a hot rod, then after its front end has been wiped out? I mean seriously... you have no idea how many cars are floating around out there, with just a bumper cover, and nothing behind it. No reinforcements no absorbers. No vibration dampeners. Plugs for fog lamps... Fog lamps are missing. Airbag lights on in the dash. Barometric air pressure sensors that.. Just dangling. usually an inch from the whole they're supposed to be mounted in. No horns. Steering tracking all over the road. Just a little tip for all of your future hot rodders out there... Yes... The steering knuckle can get bent to. Especially in these cheap pieces of crap. And if you're thinking about purchasing a Hotrod, because it's a great deal on Craigslist. Take my advice... When you open the hood... And it doesn't look right... It's Because it's not. Radiators are never mounted with zip ties from the factory. There is no Factory duct tape on the assembly floor!
News flash... If I'm going to build a custom car, I'm tearing out all the crap you did... And doing it the right way. in which case... I am never going to give you the asking price for that car. Cuz I don't want your aftermarket add-ons. I want the basic platform. I don't need your house... I need the foundation. That's it... I'm scrapping everything you did. I don't care if it's Wheels engine... Untrustworthy. Mainly because... I don't know what bolts you forgot to tighten. I mean... How are you supposed to know that engine mounts bolt to the crossmember, not weld in. wire feed welders do not penetrate 3/8 plate steel! ESPECIALLY IF THEY HAVE BEEN PAINTED FIRST! Test your welds before assuming they are good!And those miserable excuses for adapter plates... Got to go.
If I see a single Scotch lock under the hood... I'm walking away.
if you paid 20 grand for a Mitsubishi Evo... you need serious help. But don't worry... That car is going to give you all the reality check you're ever going to need. At the dealership we call them boats. Which means... Break out another thousand. and heaven forbid, you ever go off the road with it. Make sure, you don't hit anything larger than 3 inches in diameter. Your mama wants to have an open casket funeral.
K&N is awesome... To understand how they thoroughly work... Go ahead and stick your head under water... Take a deep breath. you'd be better off, buying a regular filter... And spray painting it red.
just remember... At the very end of this video... he testified to losing money, every time. That's like taking Financial advice, from a broke person. nothing builds cars better than cash. Putting aftermarket parts on your car, after purchasing them off the internet, on a credit card... Is an actual form of economic oppression. you are not demonstrating Your engineering abilities. You are demonstrating your ability to overpay for things. and 90% of these aftermarket parts, are all smoke and mirrors. They don't actually do anything. But they sure look cool. you need spark Fuel and compression... Everything else is bullshit!
9:23 spoil ur girlfriend AND/or boyfriend 😂😂😂😂
Was super stoked to check out your new wheels but your search filter thingy says there’s nothing for a neon. That is upsetting.
“So you want a Ford Taurus sho” 1st and 2nd gen (the real sho)
Nightride x Fitment Industries. Make it happen 🔥 🔥
Can someone pls explain what duggaing the wheels means
The hello does not have reverb :(
great video!
So when are you and donut gonna do a crossover? That would be epic!
Yes aftermarket parts usually don’t last as long at stock components. Making the car inherently less reliable. Sad but true, which is why it’s hard to sell modded cars. And unless you run into a savvy purchaser, it’s likely that your higher asking price will be likely to be denied by most.
Anyone know the wheel on the wall behind him on the right of him middle row aluminum look ?
Tasteful mods can add value but always expect to take a 50% loss on investment. I have a 16 r35 fbo e85. My sale price has gone through the roof the last year
8:35 Yooo Nightride gang
@5:40 I can't tell you how much money I saved when I stopped going to Starbucks! More car parts for sure!
Love the video alex
Love you boys
Best answer: it destroys it for collectors, but raises it for respectful enthusiasts
Mods that permanently alter the car are gonna be the worst for any resale value, especially something like butchering the stock fenders for widebody/overfenders. If you do something like that, you might as well plan on keeping it until it dies. Also, you better love the overfender look, because there's no easy or cheap way to fix butchered fenders.
If you tune your car, do yourself a favor and invest in an extra ECM. Put the tune on that, and save the original for visits to the stealership, or if you end up selling.
Asking for "So you want a Lexus GS" you guys have done the LS and the IS.
Gs300/gs400’s are gorgeous
Bold to assume my shitbox with a rusted frame,rusted brake lines,40 year old nonexistent brakes,and no title has any value
I have always had aftermarket sub but never sold it with car i just take it out when i sell it i just leave the wires for next one if they want to get sub
Good laugh with the bud 😂
So where can I buy these modded and tuned out cars for less than a normal one (asking for a friend of course)
Most people don't sell their modified cars and if they do its usually not finished and I ain't buying somebody's project car
Just wondering if you guys know any thing about Kosei rims.
So what's good with the "So you want a CTS-V"
Yes
I try to replace the crap that breaks on my 89 240sx coupe with better but liveable parts.
Engine crapped out in 2003, and was replaced with a sr20det. Wheel bearings and brakes started going at about 250k miles, those were upgraded to 5 lugs and z32 brakes. Will I ever re-coup all i've put into it, maybe. But just enjoy driving it and do my research before making the car undriveable.
My boys from Nightride are at min 8:36 👀
Your vehicle's worth whatever someone's willing to pay for it.. ( the younger the buyer, the better)..now if you're trading to a dealership, put everything back to stock and sell your parts yourself.
Meanwhile the 'OEM' guy watching in the corner: 👁👄👁
This brings back painful memories of when I tried to flip motorcycles...so much money lost :(
Nah nah nah. $540 in stickers bombs=$540 extra in my pocket!
5:20
.... i only and will only always use them
Yep...
And I don't care....
Probably never sell my 350Z...
When and if I crash it...
Probably watch it rust away in my driveway.
Great vids...dont loose your momentum in the curves bois
This technically “technically” is true if you’re selling it at a dealership. But on Craigslist and other places you can sell for higher prices.
I think it’s hilarious when ppl modify their car then sell it on craigslist for 5k more than what it’s worth to try to get their money back
Firm on price. No low balls. I know what I got.
Ultra rare. Low miles. Has been babied.
@@2010ngojo “ac blows cold”
Do not use K&N filters. Studies have shown they will lose the beneficial air flow and start to clog after about 500-1000 miles. A stock air filter will have less air flow initially but better air flow over time. So unless you like oiling your filter every 500 miles, I wouldn't bother with K&N. Go with an aftermarket filter that does not require oiling or just keep it stock.