Do Aftermarket Parts Increase The Value of your Car
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- เผยแพร่เมื่อ 30 พ.ค. 2024
- Do Aftermarket Parts Increase The Value of your Car
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I bought a car from a guy who had a folder full of the receipts of all the work. It was a little more expensive but that car was solid and drove like a champ. The car was 12 years old.
If you did paint your house purple with a blue interior, and I was a prospective buyer who, for some reason, liked that combination; I would still use it to bring down the price because I know no one else would likely want it
The answer is almost always no , and it’s always been that way
They REDUCE the value of your car, because most people want to "repair" the car back to stock. Unless it's a supercharger on a Mustang or similar performance car.
As a Jeep wrangler owner, we don’t pay extra for ones that are lifted or modified
Beauty is in the eye of the beholder. Reconditioned cars that appeal to the most beholders will make the most money.
Great video Lucky!! I don’t have any receipts for oil changes for the last 15 years since I do them myself 😆. My ‘04 Accord has an aftermarket stereo with Bluetooth, amplifier, and a subwoofer 🔊 in the trunk-worth it! Having a great stereo has kept me from buying a new car and my bank account is happy.
Thanks for the post this late at night
You bet
I don’t like mods on cars. I believe in buying a car you really like all stock. When they’re fully loaded they come with wheels and a system.
I always ask when the last time the transmission was serviced. Seems that NOBODY services their automatic transmissions, so I use that as a bargaining tool. Its $750 (or more) to have Mercedes do it.
When it comes to classic cars, I would think that keeping the car as close to original as possible would bring in the highest value. However, because new technology exists it’s very possible that some people would rather purchase a classic that has newer technology in it.
One example for is the 69 Dodge charger. If I had the money to spend on a project, I would buy a 69 charger with no engine or transmission in it and then I would buy the Mopar direct 1500 hp hemi with whatever transmission could handle it and have that installed into the car along with all of the appropriate Drive train elements.
Right there you’re talking about a $60,000 engine plus whatever the body of the car is going to cost. I would probably update the interior with the computers and the seats as well but it would be a nightmare to get it all to work. How many people would really want to buy that car off of me in its quasi retro/modernize state? However, if it was original spec, I’m fairly certain it would fetch extremely high bids.
Great video. I'm not really a car guy so this gave me a lot of insight.
I always follow my dad's advice. Don't screw with it. Leave it alone.
I agree with all these points, it’s so tricky when modifying a vehicle. I’m many in to doing purposeful mods that add convenience and functionality. I also try not to overdo it.
Thank you VERY MUCH for these "secrets" that no one will ever tell us about. Please keep them coming. How about - Good scanners vs Junk scanners that will destroy your electrical system. Put vehicles on a lift and show us what to look for when buying used cars. How about those $600 Seat Covers on eBay compared to the $150 ones. Does GMC still not paint the frames on their trucks ?
Thank you for all the work you do
I'd say stock sells best if you want a basic rule. Of course most people will put on a quality Bilstein strut vs an OEM at possibly 2 to 3 times the cost, but it still is basically stock and might even handle better. Certainly better than blown out oem or questionable quality aftermarket crap even if the car looks stock.
A tasteful "anything" can be of benefit. Even a tasteful stereo. If it sounds good, has a quality amplifier and speakers and isn't ghetto bass pumping from a huge box in the trunk, it's likely a benefit. Especially for an older classic with no real other option. Who wants to spend 600 bucks for a vintage oem stereo head unit to get 12 distorted watts per channel and a tape deck? If you have oem keep the head unit, slap in a nice single din alpine, don't cut the wiring or keep it as close to oem as possible and keep wiring pigtails, and make it reversible to a high level of quality with Deutsche or Amp connectors.
But, I'd say stock is best. Keep it stock and let the next guy ruin it with mods.
Some very well done cars appeal to almost everyone in that class or style of cars and will definitely get more money even if heavily modified. Engine swap BMWs w Dinan parts etc. Probably if done very well it will get maximum money.
But a stock car is likely best with a few minor tasteful modifications or factory available upgrades such as allowing a 3.5mm headphone cable to give you music. Modern "classics" didn't have any Bluetooth so if you can get a phone to plug in to the factory system or an iPod etc that's a benefit I'd say.
Basically stock or close with a polished and clean exterior and a tidy interior with some refurbishment of heavy wear areas or replacement trims.
Don't under estimate the value of a few parts cars and junk yard visits to finish off a car back to stock to fix ugly spots to help make a vehicle look very nice and again, let the new owner ruin it.
I'm not a car dealer or seller just an enthusiast who prefers his cars stock or OEM plus / tasteful upgrades particularly if they can be reversed. Don't sell your 80s BBS RS with the vehicle if you want to maximize value. Put stock back on when it's sold. Nobody wants to pay FMV for your NLA classic BBS wheels with the car unless it's a whole package of perfection, some items are best reversed at time of sale and sold separately or kept for your next vehicle.
For the vast majority of people, no. A car is not an investment, unless you’re talking about a few select models. Your day to day car will decrease in value as years and miles go by.
If anything gives me a sign that it was owned by a kid, I do NOT buy. I seen it all the time wher ethey would run sound systems then sell off the amps etc but would leave the wire. That would IMMEDIATELY turn me off of the vehicle. I will not own something that a kid drove. They destroy vehicles.
I was often suprised how trucks with expensive wheels and lift kits would often not get more $ auction
I have a 2005 ford Explorer. I have a binder with everything outside of gas that has went into in since ownership. I have contacted the original dealer to see every service it had under warrantee. I know it is not a 'special" vehicle, yet I want the best documented version. If that thing hiccups, it is documented.
It’s funny, I went through my aluminum today and sorted it out as well. Great minds think alike.👍🏻👍🏻👍🏻😀😀😀.
Did a scrapping episode today in a different city. Scottsdale, Arizona. Look it up, it’s probably one of the richest cities in Arizona😳😳. It was crazy seeing those multi million dollar homes today, and scrapping amongst them!
Talk about not fitting into the neighborhood!😀😀😀😳.
Steve. 👍🏻
Funny thing with coilovers, a lot of times the nicer cars have active suspension, so you put new coils on to avoid the bump the car ends up throwing a code. I’m sure they’re working on a work around right now.
Something I learned from my brother. He was into diesel pickups and modding them, but he would keep the stock parts so he could return them to stock before he sold or traded them in.
I still love my 17 Ram 2500 with a 6 inch lift, 37 inch tires. My 1940 Ford truck is totally custom.
Everything factory has been a good resale for me.
Things also good for resale:
legal window tint
Prevention maintenance records like timing belts or chains
Matching tires
And surprisingly a spare tire 😂
Good video Lucky!
Great video
Just swapped out my steering wheel with a Chinese fake carbon one, same with my shift knob and door trim and mirror covers. Didn't pay a ton but omg it looks so much better than when the car was new. And the only reason I even did it was because mine were all cracking thanks to that vegas heat. But for about 400 bucks my car looks pretty fresh minus the paint fading on the right side where I park it in the sun daily
Hi Lucky! I am a big fan. Can you please make a video about Toyota recent recalls? And why they failed with the Turbo engine?
Wings that stand feet off the trunk lid, fart cans, fuzzy dice and glue on hood scoops are an easy way to add thousands to the resale value. 😆
Don’t forget straight pipes-car will be louder and have a check engine light-who needs a cat anyways?
The caveat to aftermarket radio systems is adding carplay/backup camera to an older vehicle that didn't have it. Always a desirable add on, won't add a ton but won't take away like most other options.
I feel like if you are doing with some boomer shop mechanic who could tell you all the reasons…do it. We lack people who truly know the science of sheer engine stuff, let alone “upgrades”.
It all depends on your target market. A car guy wants to mod the car themselves. I always buy stock, mod it to my liking, and return to stock when selling. I sell the blower, etc, on the forums if new owner does not purchase.
What do you do when your wife doesn't take care of her car? Every new or like new car I've bought for her, she destoys the interior. I have refused to upgrade her car, so now shes drives a 2012 rav4 with 160k miles.
Safety/Driver mods are a goldmine imo. I add a backup cam, LED's, and blind spot assist if that car has aftermarket for it. These mods, even on a 150k mile 2005 Toyota camary I paid 2000 for, I can sell that car for $3500~4500 easily.
Mental, spiritual and physical health is for more valuable than any currency.
Invest in a heathy lifestyle; good food, gym membership, being socially active, reading good books and a hobby.
Enjoy life and stay away from get rich schemes
The folder full of receipts means mothing nowadays.
If your look a basic reliable commuter car, that box of receipts is a huge help.
Wrong. A driver totaled out my cqar. State Farm made an offer for totaling it out. I said no, sent the check back and included dated photos of the car over a few years along with every receipt for care paid for the vehicle. Without a phone call they issued a new check for 50% more. Don't tell me it doesn't matter.
@@oleradiodudea.m.4735 I fail to see how maintenance documents are relevant in a crash.
@@darkrulier State Farm contended the car was high mileage and worth less. I proved the value was much higher since it was very well cared for and in pristine condition .Of course, after the trucdk totaled it State Farm normally wouldn't know what it was worth because you couldn't see since it gor wrecked.
Boughten is not a word
Right nobody wants an ASS or Ash Car, You forget one, Don't smoke in your new Vehicles, Especially if you're going to trade it in, Many people won't buy ashtray Cars, Also I did Morimoto XB full led headlights and Blacked out full LED taillights on a 2020 Civic Sport Sedan, None Chinese parts, Don't plan on selling it anytime soon because it's a 6 Speed manual with the K20C2 none turbo engine, Don't care for the 1.5Liter turbo too many problems reported as in blown headgaskets, Great Video by the way. 🇺🇸👍
With a vacuum and an Ozone generator (available on Amazon) there is no such thing as an "ashtray" car. It'll be smelling like new!
What about a wrap on a car? Does that decrease the value? Does a wrap help or hurt the paint underneath? I’ve heard it’s like PPF all over the car? What are your thoughts?
Depends
very true
Interesting abour maintenance. Is really that rare to get cars with 100k miles on the odometer and a complete maintenance record?
what are high quality lights, then? I mean, to place on top of the vehicle 🚗
A conservative JL, Audison or Morel system in a muscle car will make it more desirable. Something like that is valuable in a toy.
Here's one: Here in California, some folks decide to "upgrade" their car by deleting the catalytic converter (usually asian ricers). Of course, that's illegal and you can't pass smog in CA without a cat, yet a lot of people seem to still do it. Then try to sell their car for $10K without a cat and pretend it's a bonus that it's straight piped.
Many modifications can lower the value due to smaller buyer pool.
In my experience…(absolutely) not! There are exceptions - of course. If I took my 66 Chevelle and dropped in a Muncie M22 “Rock Crusher” and an L78 396…I think I’d see it’s value increase. While not “aftermarket” …they weren’t stock on my Chevelle. 👍😎😁
It wouldn't sell for more than an original in factory condition.
What about covering the latest bills stopping Auto Brokers:
assembly bill S7553
senate bill A3499
Subaru is another one people like to buy modified. Too much brake is not a good thing so be careful there also.
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Yes and no. It depends on how tasteful the mods are. But you usually never get what you put into it. Especially when ppl try to add labor into the price. Now I’ve modded Gen 2 lightnings and Mustangs. If I put around $6K into it, I can usually still ask and make about $2K above value. And I do all my own work so don’t have to worry about labor prices.
But ppl that go nuts and drop $20K in a Mustang and believe they’ll get $20K above its value…nope. Might as well keep it till it rots away.
👏👏👏
Cars with a lot of aftermarket performance on a high-mileage vehicle is automatically less-value. You spent 10k on a turbocharger but not a engine refresh
He is in south. RUST in north is the number one killer.
I grew up in Minnie-Sooooda where they use salt by the ton on the icy winter roads. Corrosion is real. Now I live in Texas, where cars last forever!
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Answer: No
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Crazy how you take it to get appraised with all the mods and they give you x price and they tell you mods don’t add value. You take em off and suddenly you’re getting thousands less because you took the mods off.
Can't go wrong with Temu mods... JK
No mention of carbon fiber. No -stock parts generally will destroy the value
Most don’t want to spend the money on nice parts
well done custom mods bring up the value, its proven EVERY Barret Jackson and Mecum, custom bring more money if done right. Resto mods bring the TOP MONEY. Original brings OK money but that market for them is slowly getting smaller all the time, only originals that bring big money are super low mileage classic investment vehicles. Original drivers dont bring much money. Again this stuff only is for collectible nice higher end stuff. Putting some aftermarket crap on some average crap car, who cares have fun
There's probably someone out there looking for a car that smells like ass. In 2024, it wouldn't surprise me.
I've been in bodyshops over 40yrs and factory is best. Nowadays most accessories are just cheap plastic crap anyway.
Bolt-on = bolt off
You're better off removing items and sell them separately.
Dont be stupid if ya cant tote duh note...
You buy a car to use. Just plan on driving it 200K miles. Then you don't care about the market .
Dude you are a reseller, you arent the market for custom cars
No
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