what does tracking a car do to resale
what does tracking a car do to resale
Author
Discussion

bordseye

Original Poster:

2,220 posts

216 months

Sunday 13th July 2008
quotequote all
The only car I have that is suitable for tracking is worth 24k - and deprexciating pretty fast as is. What am I likely to do to that depreciation if I tack it?

petermansell

868 posts

230 months

Sunday 13th July 2008
quotequote all
I don’t think tracking a car will necessarily increase depreciation. It all depends on whether you can show that you looked after your car. I track mine but have receipts of just under £20K showing when and what’s been done to it thus showing any prospective buyer thats its always been well looked after. thumbup

MrFlibbles

7,774 posts

307 months

Sunday 13th July 2008
quotequote all
As long as you maintain it properly, how is the buyer going to know you've tracked it?

absolutely

3,168 posts

216 months

Sunday 13th July 2008
quotequote all
MrFlibbles said:
As long as you maintain it properly, how is the buyer going to know you've tracked it?
yes 5 laps of the Ring didn't hurt my Civic when I came to sell it, the high mileage did though!

chrisr29

1,265 posts

221 months

Monday 14th July 2008
quotequote all
It does nothing to value if no one knows you've tracked it!

bordseye

Original Poster:

2,220 posts

216 months

Monday 14th July 2008
quotequote all
MrFlibbles said:
As long as you maintain it properly, how is the buyer going to know you've tracked it?
because if he asks I will give an honest answer. wouldnt you?

Munter

31,330 posts

265 months

Monday 14th July 2008
quotequote all
bordseye said:
MrFlibbles said:
As long as you maintain it properly, how is the buyer going to know you've tracked it?
because if he asks I will give an honest answer. wouldnt you?
Why of course.wink

deviant

4,316 posts

234 months

Monday 14th July 2008
quotequote all
Not much point in lying...any switched on buyer will pick up the clues in an instant and with the number of trackdays being run in the UK now I would be inclined to not believe anyone who says their M3 / Elise / Evo / Westfield etc has never been tracked.

MrFlibbles

7,774 posts

307 months

Monday 14th July 2008
quotequote all
bordseye said:
MrFlibbles said:
As long as you maintain it properly, how is the buyer going to know you've tracked it?
because if he asks I will give an honest answer. wouldnt you?
Of course!

In my mind, the kind of person who'd ask if its been tracked, is also the kind of person to be switched on enough to realise if its been maintained properly its a non issue.


chrisr29

1,265 posts

221 months

Monday 14th July 2008
quotequote all
bordseye said:
MrFlibbles said:
As long as you maintain it properly, how is the buyer going to know you've tracked it?
because if he asks I will give an honest answer. wouldnt you?
I'd make a judgment depending on whether I thought the buyer was likely to walk away or not.

Besides, how the hell would anyone know if the car looks standard. I'm pretty clued up and do a few days myself. But would be hard pressed to tell if a standard looking car had been tracked or not. I'd view like any other vehicle, if the tyres where shot and the suspension/brakes where hanging I'd pass on it regardless.




silv

560 posts

254 months

Monday 14th July 2008
quotequote all
bordseye said:
MrFlibbles said:
As long as you maintain it properly, how is the buyer going to know you've tracked it?
because if he asks I will give an honest answer. wouldnt you?
Yep clap well said. I think it's a bit worrying that several people on this thread think it is ok to tell a pack of lies when selling a car! Having said that lots of people cover up number plates on track days so it seems there are plenty of others out there who are also economic with the truth. Buyers beware!! IMHO a car that has been tracked will be worth less than a non tracked car that's why people are prepared to lie about it's use.

Edited by silv on Monday 14th July 15:13


Edited by silv on Monday 14th July 15:16

m12_nathan

5,138 posts

283 months

Monday 14th July 2008
quotequote all
Yeah, those Radicals that've not been on track are worth much morewink

It doesn't affect value at all as long as you've done the maintainable required. I'd argue that most tracked cars get more oil changes and checkovers than non tracked cars, and that track driving itself isn't always harder on the car than road driving (smooth surface verses really bumpy surface).

chrisr29

1,265 posts

221 months

Monday 14th July 2008
quotequote all
silv said:
bordseye said:
MrFlibbles said:
As long as you maintain it properly, how is the buyer going to know you've tracked it?
because if he asks I will give an honest answer. wouldnt you?
Yep clap well said. I think it's a bit worrying that several people on this thread think it is ok to tell a pack of lies when selling a car! Having said that lots of people cover up number plates on track days so it seems there are plenty of others out there who are also economic with the truth. Buyers beware!! IMHO a car that has been tracked will be worth less than a non tracked car that's why people are prepared to lie about it's use.

Edited by silv on Monday 14th July 15:13


Edited by silv on Monday 14th July 15:16
If people are dumb enough to think that a tracked car is a dodgey buy then they deserve to be lied to.

There's a lot worse out there for sale than a car that's done a few laps of a race circuit.

silv

560 posts

254 months

Monday 14th July 2008
quotequote all
Nathan & Chris, yep I don't disagree with some of your comments. But I think you would agree that five track days are probably harder on brakes suspension transmission etc etc than a whole year of ordinary motoring. IMO it's only fair to tell a potential buyer what the car has been used for.

Edited by silv on Monday 14th July 16:04

Nurburgsingh

5,471 posts

262 months

Monday 14th July 2008
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If you've got video footage of your lotus kicking everyones ass on track then I would suggest it might help sell it...

you just need to add a "faster than a <big money flasht motor> around <track>" line to the advert,

chris7676

2,685 posts

244 months

Monday 14th July 2008
quotequote all
Normally if a car is tracked regularly, it tends to be in a very good condition and often upgraded, especially in respect suspention and brakes. I actually would prefer to buy such a car. Obviously most usual drivers would not, so you often see "never tracked" - how sad to see it when it's a proper sports car. The downside I would say would be the wear of the engine in spite of frequent oil changes (unless it's a rebuilt one).

chrisr29

1,265 posts

221 months

Monday 14th July 2008
quotequote all
silv said:
Nathan & Chris, yep I don't disagree with some of your comments. But I think you would agree that five track days are probably harder on brakes suspension transmission etc etc than a whole year of ordinary motoring. IMO it's only fair to tell a potential buyer what the car has been used for.

Edited by silv on Monday 14th July 16:04
Fair enough, but if you can afford to do 5 track days then you can aford to keep the running gear in good order.


deviant

4,316 posts

234 months

Tuesday 15th July 2008
quotequote all
chrisr29 said:
bordseye said:
MrFlibbles said:
As long as you maintain it properly, how is the buyer going to know you've tracked it?
because if he asks I will give an honest answer. wouldnt you?
I'd make a judgment depending on whether I thought the buyer was likely to walk away or not.

Besides, how the hell would anyone know if the car looks standard. I'm pretty clued up and do a few days myself. But would be hard pressed to tell if a standard looking car had been tracked or not. I'd view like any other vehicle, if the tyres where shot and the suspension/brakes where hanging I'd pass on it regardless.
Worn tyres
Melted rubber stuck to the underside of the car or around the inside of the wheel arches on the driven wheels
Gravel rash on the underside of the car or inside the wheels
Pockets of gravel stuck in corners where the owner forgot to clean it out
Blue spots on the brake discs
A standard car with a set of high end or race brake pads
A service history that reveals double the reccomended oil changes
Sweat marks on the steering wheel and seat
The smell of oil and clutch when you lift the bonnet...it hangs around a suprising length of time

The clues are not always THAT easy to spot but they are there. I agree with most people though that a car thats done a few trackdays and maintained properly is not really going to be any worse off than something that has been flogged on the road and not given any extra maintenance.

absolutely

3,168 posts

216 months

Tuesday 15th July 2008
quotequote all
deviant said:
chrisr29 said:
bordseye said:
MrFlibbles said:
As long as you maintain it properly, how is the buyer going to know you've tracked it?
because if he asks I will give an honest answer. wouldnt you?
I'd make a judgment depending on whether I thought the buyer was likely to walk away or not.

Besides, how the hell would anyone know if the car looks standard. I'm pretty clued up and do a few days myself. But would be hard pressed to tell if a standard looking car had been tracked or not. I'd view like any other vehicle, if the tyres where shot and the suspension/brakes where hanging I'd pass on it regardless.
Worn tyres
Melted rubber stuck to the underside of the car or around the inside of the wheel arches on the driven wheels
Gravel rash on the underside of the car or inside the wheels
Pockets of gravel stuck in corners where the owner forgot to clean it out
Blue spots on the brake discs
A standard car with a set of high end or race brake pads
A service history that reveals double the reccomended oil changes
Sweat marks on the steering wheel and seat
The smell of oil and clutch when you lift the bonnet...it hangs around a suprising length of time

The clues are not always THAT easy to spot but they are there. I agree with most people though that a car thats done a few trackdays and maintained properly is not really going to be any worse off than something that has been flogged on the road and not given any extra maintenance.
Surely that is if you are a crap circuit driver, what if your car wasn't wragged round the Ring and you haven't been trying to outbrake people, I do by nature but thats just me, its the way I drive, I wrag my car anyway but I didn't bin it into the gravel.
My last car sold for a pitence because it had 170k on the clock, all genuine miles because I did all but 12 of them.

RLK500

917 posts

276 months

Tuesday 15th July 2008
quotequote all
Because it's being tracked doesn't mean it's being thrashed. If your a hammerhead at the wheel then tracked or not the car is probably going to be a heap. As the other posters have eluded with their maintenance schedules, mine gets more regular oil changes and gets warmed up and cooled down properly. Brakes are bled regularly and suspension points, parts checked often. Track time is 20 minute sessions. Personally, if your car is depreciating and it's track orientated get it on the track and enjoy it. Forget the depreciation, too many people get strung out about depreciation, just drive it and enjoy it while you can.