Modifying a Lambo
Discussion
Hi All,
This is my first post after many years of lurking so please go easy on me!
I wanted to gauge peoples opinions on modifying a Lambo and how you think this would or would not impact the cars value when it comes to time for resale assuming everything else like maintenance history etc is in order.
I understand in the Ferrari world it is frowned upon but I have always thought the Lamborghini circles are slightly less adverse to this. In terms of modifying it would be all keeping within the brand e.g. superleggera, performante upgrades etc but of course will still be classified as 'modifying' from its original spec.
This is my first post after many years of lurking so please go easy on me!
I wanted to gauge peoples opinions on modifying a Lambo and how you think this would or would not impact the cars value when it comes to time for resale assuming everything else like maintenance history etc is in order.
I understand in the Ferrari world it is frowned upon but I have always thought the Lamborghini circles are slightly less adverse to this. In terms of modifying it would be all keeping within the brand e.g. superleggera, performante upgrades etc but of course will still be classified as 'modifying' from its original spec.
As long as you're adding OEM parts I don't see it being an issue but it will cost a fortune, most of which you'll never see back. I wouldn't class it as 'modifying' though, just upgrading.
There have been a few standard LP560s for sale with the full 'Performante' kit on them but they were not advertised for much over the normal asking price for a standard car. Having any modifications not fitted from factory, will narrow your market come resale but there will always be someone out there who will appreciate an upgraded car. I think main dealers would be less keen to take it off your hands though if it's been massively changed form it's original spec.
There have been a few standard LP560s for sale with the full 'Performante' kit on them but they were not advertised for much over the normal asking price for a standard car. Having any modifications not fitted from factory, will narrow your market come resale but there will always be someone out there who will appreciate an upgraded car. I think main dealers would be less keen to take it off your hands though if it's been massively changed form it's original spec.
Edited by Craigwww on Sunday 8th April 12:17
Thanks thats sound advice.
Yes your right that it would cost a fortune to upgrade so one to think about carefully. I do find it strange that even if a car has had thousands spent on it with upgraded OEM parts, the actual value of the car as a whole is either reduced or at the very least market becomes significantly narrower. It isn't always the case but in many marques this seems to be the general trend. The exceptions being the likes of the BMW M3 which when upgraded to look like a CS or CSL means a premium is usually added and selling is not a problem.
Yes your right that it would cost a fortune to upgrade so one to think about carefully. I do find it strange that even if a car has had thousands spent on it with upgraded OEM parts, the actual value of the car as a whole is either reduced or at the very least market becomes significantly narrower. It isn't always the case but in many marques this seems to be the general trend. The exceptions being the likes of the BMW M3 which when upgraded to look like a CS or CSL means a premium is usually added and selling is not a problem.
BlackR8 said:
Thanks thats sound advice.
Yes your right that it would cost a fortune to upgrade so one to think about carefully. I do find it strange that even if a car has had thousands spent on it with upgraded OEM parts, the actual value of the car as a whole is either reduced or at the very least market becomes significantly narrower. It isn't always the case but in many marques this seems to be the general trend. The exceptions being the likes of the BMW M3 which when upgraded to look like a CS or CSL means a premium is usually added and selling is not a problem.
As someone who has a M3 with all the CSL trimmings added, I would agree it does add a small premium but mainly because the market for a 15k car is massive wiht many different types of buyers, whereas the market for a 100k car is relatively small. Also someone spending 100k plus on a car is far more worried about resale value and what could affect it, proof in point is your post. Also with CSL parts, they can easily be removed and sold before sale as there is a large demand for them. Yes your right that it would cost a fortune to upgrade so one to think about carefully. I do find it strange that even if a car has had thousands spent on it with upgraded OEM parts, the actual value of the car as a whole is either reduced or at the very least market becomes significantly narrower. It isn't always the case but in many marques this seems to be the general trend. The exceptions being the likes of the BMW M3 which when upgraded to look like a CS or CSL means a premium is usually added and selling is not a problem.
I think you would be crucified, sadly.
Inkeeping with the brand or otherwise, modified high end cars are a fookin nightmare to ever sell unless you want to chop it in at Motorhub. Anything I have seen advertised with anything more than a later LP560 front end or similar has sat in the market month after month and seems to never sell.
If you do modify, make it reversable, retain the parts and swap them back at sale time.
Inkeeping with the brand or otherwise, modified high end cars are a fookin nightmare to ever sell unless you want to chop it in at Motorhub. Anything I have seen advertised with anything more than a later LP560 front end or similar has sat in the market month after month and seems to never sell.
If you do modify, make it reversable, retain the parts and swap them back at sale time.
Depends how far you take it, really.
I do find a lot of snobbery driven by a complete lack of knowledge on some forums; like manufacturers know best when in fact many compromises are made for legislation and practicality across a world market.
I must admit, after getting my Performante recently the first thought was "Looks a bit high, doesn't it?". Therefore, I have some Novitec springs on order which they have just developed. It means I'll use the front lift more often, but I think my car will look better and probably corner even better.
I have seen some Aventadors and Murcis with SV kits and I personally would not pay any extra for them. I'd question who did the work, the quality of said work and if there was a story behind it (was it crashed, and repaired with the other parts). Ultimately, history shows originality is key, which is why for me you'd be silly to pay overs or even the same price as a completely straight, OEM car.
Anything like getting your own crests stitched in seats etc., which may very well enhance your enjoyment, are definetly going to affect the cars value and sellability in general. If you had a Capristo fitted, you'd probably sell quicker (as long as the OEM system is in a box somewhere).
I do find a lot of snobbery driven by a complete lack of knowledge on some forums; like manufacturers know best when in fact many compromises are made for legislation and practicality across a world market.
I must admit, after getting my Performante recently the first thought was "Looks a bit high, doesn't it?". Therefore, I have some Novitec springs on order which they have just developed. It means I'll use the front lift more often, but I think my car will look better and probably corner even better.
I have seen some Aventadors and Murcis with SV kits and I personally would not pay any extra for them. I'd question who did the work, the quality of said work and if there was a story behind it (was it crashed, and repaired with the other parts). Ultimately, history shows originality is key, which is why for me you'd be silly to pay overs or even the same price as a completely straight, OEM car.
Anything like getting your own crests stitched in seats etc., which may very well enhance your enjoyment, are definetly going to affect the cars value and sellability in general. If you had a Capristo fitted, you'd probably sell quicker (as long as the OEM system is in a box somewhere).
BlackR8 said:
Hi All,
I wanted to gauge peoples opinions on modifying a Lambo and how you think this would or would not impact the cars value when it comes to time for resale assuming everything else like maintenance history etc is in order.
I have ran a modified Pre-LP Gallardo for 5 years now and imho that car is probably worth less as a trade in but maybe slightly more to a private buyer.I wanted to gauge peoples opinions on modifying a Lambo and how you think this would or would not impact the cars value when it comes to time for resale assuming everything else like maintenance history etc is in order.
The car is modified in such a way that all mods are totally reversible, I have toyed with the idea of selling it a few times and would probably advertise it privately first then if little interest was shown I'd return it all to standard and sell to trade. The key is, as mentioned above, to keep all the original parts.
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