Value of Accessories when purchasing:

Submitted: Monday, Sep 14, 2009 at 12:43
ThreadID: 72248 Views:3906 Replies:4 FollowUps:3
This Thread has been Archived

Related Pages

(a) is there a “rule of thumb” to be used for evaluating a value for extras when fitted to caravans and 4x4s.
(b) Would these be of the same value should you sell to a dealer .

Thanks
Back Expand Un-Read 0 Moderator

Reply By: Fab72 - Monday, Sep 14, 2009 at 13:03

Monday, Sep 14, 2009 at 13:03
Not sure what you mean by "value".. If you're suggesting value for insurance purposes, then value is definned by the cost to replace the parts in the event of a complete economic loss. Eg: fire/theft.

Unfortunetly $1000 spent will not equate to $1000 extra when negotiating a trade-in deal or sale, with some rare exceptions. Example being, if you work in say the caravan awning industry and were able to make and fit one to your own van for say $600 and they retailed for $2000, then you could expect some financial gain. On the otherhand, many "backyard" improvements can actually devalue the van/4X4 etc. There's some dodgey looking spare wheel carriers, roof racks and jerry can holders getting around.

Does that answer your question?
AnswerID: 383085

Reply By: Tenpounder (SA) - Monday, Sep 14, 2009 at 14:14

Monday, Sep 14, 2009 at 14:14
I suspect the rule of thumb is:
(1) if you are selling, the value is NIL or worse;
(2) if you are buying, the value is at least 100% of new price (in which case you say "OK, how much without the extras, 'cos I don't want them");
(3) a dealer will probably deduct the cost of removing the accessories from the price he offers.
Seriously, an annex on a caravan is a plus, although you certainly won't get your money back, but off-road accessories on a 4WD are potentially a negative, since they are an advert that the vehicle isn't a Toorak Tractor, and may have had a hard life. Likewise, a 'proper' air con on a van is a plus, but a domestic air con stuck through a van window or stuck on the drawbar or back bumper will probably knock many dollars off the price, rather than add to it. A sedan with extractors or lowered suspension is probably worth thousands LESS than a standard vehicle, because it screams "this car has been flogged", and probably the same applies to a 4WD with a 4" suspension lift plus a 4" body lift.
AnswerID: 383091

Follow Up By: Tenpounder (SA) - Monday, Sep 14, 2009 at 14:24

Monday, Sep 14, 2009 at 14:24
PS I am being serious here: the top price will usually be put on an item that is 'as new', with minimal signs of use, just like the new one in the showroom (like the "one elderly lady owner" joke, or the "never been off-road" 4WD). If you DO pay extra for accessories, and then decide to sell, you can be sure a buying dealer will NOT put any value on the extras, quite the contrary.
Think about it: a second hand winch may be worth a grand, but the likely wear and tear of a true off roader could be thousands of dollars compared to a Toorak Tractor.
0
FollowupID: 650707

Follow Up By: Member - Timbo - Monday, Sep 14, 2009 at 18:18

Monday, Sep 14, 2009 at 18:18
I agree with what Tenpounder said.

When looking to buy a 2nd-hand vehicle, the priority is on finding a good one. Part of this consideration may be an assessment of what sort of life the vehicle has had. If it has accessories you want, it's a bonus, but a pending engine/gearbox/etc. overhaul or rebuild will potentially cost you more than most accessories, not to mention the inconveniences if such a need arises halfway through your trip.

When dealers assess vehicles for trade-in value, they are primarily concerned with the year of manufacture and the odometer reading - the condition of the vehicle is a secondary consideration (if at all) followed distantly by the fitment of any accessories.

To regain the most potential, you would be best to remove the accessories and sell them all separately to people looking for those specific accessories for that particular vehicle - might not be too hard if it's a current common vehicle like Landcruiser or Patrol, but you'll have a very select market if it's an early Holden Frontera for instance. Either way, you risk a long, drawn-out process of dealing with many potentially interested buyers of various things (and maybe a number of "tyre kickers"), or worse: being left with half the accessories that no one wants (worst case, you may even have to pay for disposal!).

Face it, cars are not good investments, and car accessories are even worse!
0
FollowupID: 650745

Reply By: Madfisher - Monday, Sep 14, 2009 at 16:16

Monday, Sep 14, 2009 at 16:16
The one extra I would pay up to $500 extra for is a bullbar, provided it is one supplied with the vehicle new or a big name such as ECB or ARB. The highways arround Bathurst are litted with dead roos so even town 4bys need a bar.
If you are selling privately you may get 30% of your money back spent on extras, but as others have said if you trade it expect nothing.
What extras do you have? This is a good site to sell a touring 4by.
Cheers Pete
AnswerID: 383109

Reply By: Ozhumvee - Tuesday, Sep 15, 2009 at 07:05

Tuesday, Sep 15, 2009 at 07:05
Typical thinking is all vehicles have a fuel tank, the fact that you've replaced the 60l one with a long range job holding 120l means nothing to a dealer and only a little bit more to a private buyer.
Same case for bullbars, towbars & rear bumpers etc all vehicles have one even if it is basic.
Things like suspension lifts and tyre size increases point to the vehicle might have been actually used for what it was made for with increased chance of expensive repairs down the track.
AnswerID: 383205

Follow Up By: Michael ( Moss Vale NSW) - Tuesday, Sep 15, 2009 at 14:52

Tuesday, Sep 15, 2009 at 14:52
I read somewhere that some dealers actually remove things like winches and towbars to imply that the vehicle was just a Tar Runner.

Michael
0
FollowupID: 650871

Sponsored Links

Popular Products (9)