AnswerID: 244295 Submitted: Sunday, Jun 03, 2007 at 09:37
Outa Bounds
replied:
It's so unfortunate that in the market all
accessories don't seem to bring the vehicle value up much at all, I mean people are not willing to fork out the extra for a well decked out cruiser yet they're happy to pay 15 - 20k and then go spend 10k on top to get all the necessities they want (decent bull bar, wheel carrier etc etc).
We sold a '97 Troop carrier with a Chev 6.5L V8 diesel in it with minimal k's , it even had an engel
fridge in the back, for less than $20k, could we have taken the engine out (which had cost us 15k to put in for starters) the car would have probably sold for say 5k less than it did.
Depends how much of a hurry you're in to sell - we were in a hurry to sell before moving interstate. If we could do it all again we would have transplanted the engine into now our 80 series but at the time finances didn't allow this.
One very reason we don't insure our car, at least if you total it you could sell off all the
accessories etc, whereas otherwise the insurance company gets to keep it all and gives you less than half of what the whole replacement value is, plus you don't get to keep anything!
You should get some blind quotes from car dealers, give one just standard specs and description and then give another the whole list. Be interesting to see what they give you. I bet the decked out quote will only be a few k more whereas that dealer will mark their sale price up substantially & will have a much more attractive vehicle to sell. And that's basically what you're looking at - market price plus some and in the end you have a decked out vehicle that will ultimately be easier to sell, albeit it will be hard to do it at a price which is fair both for yourself and the buyer, usually it favors the buyer.
But if you wait for the right person to come along who requires all those
accessories and sees the real value there you're on a winner, however you could be waiting a long time.
I'm wouldn't call myself that savvy in regards to the car market though, it's opinion based from past experiences.
Reply 4 of 6