Options that are worth more than list price on resale?
Options that are worth more than list price on resale?
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Discussion

Ari

Original Poster:

19,740 posts

236 months

Thursday 27th October 2011
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We're always told that options on new cars are worth a fraction of their original cost at best on resale. I've been keeping a roving eye on SLK prices, and every time I spot a "cheap" one it's because it's got cloth upholstery. I reckon there's getting on for £2,000 difference between identical cars, one with leather and one with cloth.

Given that it's probably a £1,000 option new, that bucks the trend in not only being worth every penny of it's original cost, but actually potentially even more than original.

Just wondered if there were any other "must haves" that enhanced used values by more than their original option cost? Can't be many that do that.

DanielC4GP

2,792 posts

172 months

Thursday 27th October 2011
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Air conditioning?

BoostMonkey

579 posts

206 months

Thursday 27th October 2011
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Parking Sensors? As individuals are increasingly seeing them as a requirement rather than an option. Thus car’s without them have to priced lower to sell.

Bebop Beru

157 posts

173 months

Thursday 27th October 2011
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Depending on the car, an Auto box

(thinking big barges here)

RobM77

35,349 posts

255 months

Thursday 27th October 2011
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On the SLK, Airscarf?

Dr Interceptor

8,182 posts

217 months

Thursday 27th October 2011
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MINI - Chilli Pack, especially on the Cooper S

A non Chilli car won't have Xenons unless specified outside the pack, and there is a limited market for a boggo MINI

Ozzie Osmond

21,189 posts

267 months

Thursday 27th October 2011
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Ari said:
SLK prices, and every time I spot a "cheap" one it's because it's got cloth upholstery. I reckon there's getting on for £2,000 difference between identical cars, one with leather and one with cloth.

Given that it's probably a £1,000 option new, that bucks the trend in not only being worth every penny of it's original cost, but actually potentially even more than original.
Hmmm, I doubt it's worth more than cost unless someone genuinely has bought a base car with lowest level leather as the ONLY option on the car. More likely there's other bits and pieces as well. Mercedes charge,

  • £1,000 for basic leather, and
  • £2,300 for Nappa leather.

ZesPak

25,979 posts

217 months

Thursday 27th October 2011
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SLK cloth upholstery, really? When we were looking for them I can't remember seeing one without leather. MX5's on the other hand...
but agreed on a convertible I think leather is worth the retail.

johnpeat

5,328 posts

286 months

Thursday 27th October 2011
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Almost no options retain any value - what SOME options do, tho, is make the car more resaleable.

The days that dealers added anything for 'options' are long gone (if they ever really did) - they'll simple drop their offer is a car has options (or in interior/exterior colour) which they think is less popular...

So that brown BMW with red leather seats and a manual box is less of a good idea eh? smile

Bitzer

4,545 posts

189 months

Thursday 27th October 2011
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Paint colour?

Boggo doom blue v resale silver, you would expect to get your money back at least.


Ari

Original Poster:

19,740 posts

236 months

Thursday 27th October 2011
quotequote all
Ozzie Osmond said:
Hmmm, I doubt it's worth more than cost unless someone genuinely has bought a base car with lowest level leather as the ONLY option on the car. More likely there's other bits and pieces as well. Mercedes charge,

  • £1,000 for basic leather, and
  • £2,300 for Nappa leather.
But the other bits and pieces don't make a significant difference, only leather does (ie you don't see cars with xenon's but everything else the same commanding a noticeable premium). There isn't even a noticeable difference between manual and auto (I guess being a sportscar manual is more acceptable, even preferred by some buyers).

The SLK is reasonably well equipped anyway so there are plenty that are not loaded up. However spot one for £1,500 - £2,000 less than normal and you'll almost guarantee that it's either high miles or it's cloth inside.

£995 for normal leather and £1,355 for Nappa by the way.

bazking69

8,620 posts

211 months

Saturday 29th October 2011
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Depends on the car. Some are very fickle with regards to right spec/colour/options.


surveyor

18,564 posts

205 months

Saturday 29th October 2011
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Every time I buy a fking car i am told that satnav/heated seats/leather/auto/manual* are desirable and add value.

Every time I sell a car I'm fking told that satnav/heated seats/leather/auto/manual* do not add any value.

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