Upgrades ... worth what at the end?

Upgrades ... worth what at the end?

Author
Discussion

VUB

Original Poster:

69 posts

161 months

Monday 18th July 2016
quotequote all
I am just thinking about some upgrades to me car, specifically supercharging, suspension and exhaust. Functional as opposed to aesthetic. Not a cheap
business, I wouldn't expect it to be.

But I wonder what the effect in terms of the car's value would be in say 3 years if I was to "invest" in these upgrades. Whilst I appreciate that I am not going
to get my money back (I am doing this for my own enjoyment by the way), what sort of percentage return could I expect?

Are there "desirable" upgrades on a Mustang? Anything to be avoided?

crostonian

2,427 posts

171 months

Monday 18th July 2016
quotequote all
In many cases it's probably better to return the car to standard and sell the bits separately.

benny.c

3,472 posts

206 months

Monday 18th July 2016
quotequote all
My experience with the S197 was that effectively over three years the car lost no value but I got nothing back on the mods (if you want to view it that way). So purchased used for £22K then supercharged, suspension, GT500 body kit, exhaust etc etc. Sold three years later for £22K. This was when it $2/£ mind so a Whipple blower was £3,600 landed. Happy days smile

largelunchbox

582 posts

200 months

Monday 18th July 2016
quotequote all
I spent about 12k on mods,sold s197 for 21k 8 years old, with no mods I don't think I would have got much more than 16k so in my case about 40% of mod money back.

VUB

Original Poster:

69 posts

161 months

Friday 22nd July 2016
quotequote all
swerni said:
The new one has a largely different addressable market.
The S197 was an enthusiast car, this is a boggo RHD with a V8.

I think mods will negatively effect the resell on this as it would a BMW or an Audi
I'm quite enthusiastic about it

jimboy2

179 posts

129 months

Friday 22nd July 2016
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I'm also enthusiastic about my boggo V8...

LuS1fer

41,080 posts

244 months

Friday 22nd July 2016
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The UK mainstream market tends to frown on modifications as mainstream insurers don't particularly like them.
Many specialist Mustang insurers like low mileage policies or LHD.
So I think you would pay more, on insurance.

The S197 2005-14 was rather more meant to be modified as the standard item really did need uprating.
I spent about £8k in mods on mine and I figure that, after 11 years and with only 14k on the clock, it is worth £3-5k over a stock car of similar condition. Indeed, the agreed insurance value is £20k whereas a stock V8 is worth maybe £15-16k tops.

Much depends on the buyer. A member of our club has upgraded his to 725hp and I dare say that when he sells it, there will always be a market for it because the alternatives are ... well, nil really, save perhaps a Hellcat. However. a 500hp car will have more alternatives like M4s or the S197 GT500 or Corvettes. So go large or go home. wink

VUB

Original Poster:

69 posts

161 months

Friday 22nd July 2016
quotequote all
jimboy2 said:
I'm also enthusiastic about my boggo V8...
Are we the start of the Boggo V8 Enthusiasts Club?

ozzuk

1,173 posts

126 months

Monday 25th July 2016
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V8 and proud...boggo my arse biggrin