Lets discuss members selling their Mustangs guys ...

skwerl

tree hugger
Joined
Aug 6, 2011
Posts
16,193
Reaction score
1,137
Location
central Florida
Terry probably has $150K in mods. Heck, he's got $20K just in all the Brenspeed logos embroidered into the seats and engraved on the engine covers.
 

'14StangGT

forum member
Joined
Aug 7, 2016
Posts
213
Reaction score
0
Location
Haslett, MI
I had a show truck years ago that I invested a ton of money in... Time came that I was ready to move on, and I did sell it for more than it's Blue Book Value was, but no where near what I invested. I thought for a while about selling some of the custom pieces off, and the wheels, swap the roll pan back out for the original steel bumper etc, but I felt that would have taken away from what I built it for. I guess what I'm saying is: it's cool to put a blower on, special wheels, bump the HP up to XXX etc with custom parts, but when you go to sell it, it may and probably will take time to find a buyer who thinks your vehicle is actually worth somewhere close to what you are asking.
 

'14StangGT

forum member
Joined
Aug 7, 2016
Posts
213
Reaction score
0
Location
Haslett, MI
BTW Terry, when you sell the Tiger machine, what were you thinking about replacing it with ? Another Mustang or ?
 

Mr. Q

forum member
Joined
Sep 16, 2010
Posts
1,774
Reaction score
1
Location
North of Seattle, WA
Terry, you probably have a much better chance of Brenspeed buying your car than anyone in this country. Why not try to make a deal with them?

Sent from my SM-G900V using Tapatalk
 

tigerhonaker

Senior Member
S197 Team Member
Joined
Apr 11, 2009
Posts
6,516
Reaction score
29
Location
TN
Like I've said, I think real world expectations even for that one buyer is top dollar value on KBB or NADA + 35 cents on the dollar for your mods. I'm testing the market at that right now so I'll keep you posted.
That I would very much appreciate Tim for sure.
icon7.gif


Terry probably has $150K in mods. Heck, he's got $20K just in all the Brenspeed logos embroidered into the seats and engraved on the engine covers.

2nd%20set%20of%20New%20Bullitt%20Mustang%20pictures%20May%2019th%202017%208_zps83rghmvg.jpg




2nd%20set%20of%20New%20Bullitt%20Mustang%20pictures%20May%2019th%202017%207_zpsqwragnri.jpg




New%20Bullitt%20pictures%20with%20all%20cosmetic%20changes%20completed%20May%202017%201_zpsfw8tdp8z.jpg




2nd%20set%20of%20New%20Bullitt%20Mustang%20pictures%20May%2019th%202017%203_zpshjzpr7tt.jpg




I had a show truck years ago that I invested a ton of money in... Time came that I was ready to move on, and I did sell it for more than it's Blue Book Value was, but no where near what I invested. I thought for a while about selling some of the custom pieces off, and the wheels, swap the roll pan back out for the original steel bumper etc, but I felt that would have taken away from what I built it for. I guess what I'm saying is: it's cool to put a blower on, special wheels, bump the HP up to XXX etc with custom parts, but when you go to sell it, it may and probably will take time to find a buyer who thinks your vehicle is actually worth somewhere close to what you are asking.

I totally agree ...........

BTW Terry, when you sell the Tiger machine, what were you thinking about replacing it with ? Another Mustang or ?

https://www.youtube.com/watch?v=vJokNwgmrlI

Terry, you probably have a much better chance of Brenspeed buying your car than anyone in this country. Why not try to make a deal with them?

Sent from my SM-G900V using Tapatalk

Thanks for the advise.
icon7.gif




Terry
 

07 Boss

Senior Member
Joined
Jan 25, 2009
Posts
3,831
Reaction score
968
Location
Sin City
I spent a major portion of last year looking for a car so I will give you a buyers perspective. I was looking for a car that I was going to use pretty much at the track only. I had a couple different models that I was looking at. I found many that were already modified and track ready and actually reasonably priced for the amount of work done to them. BUT, I ended up getting a bone-stock with good frame and body. As easy at it was to just get one and take her straight to the track I wanted to build it myself. That was a huge deciding factor in my purchase. More about pride and wanting it set up exactly how I wanted it than it was about ease and convenience. I could have gotten a car and dropped a motor in it for less than what I am currently budgeted at but it just didn't seem right.
 

tigerhonaker

Senior Member
S197 Team Member
Joined
Apr 11, 2009
Posts
6,516
Reaction score
29
Location
TN
I spent a major portion of last year looking for a car so I will give you a buyers perspective. I was looking for a car that I was going to use pretty much at the track only. I had a couple different models that I was looking at. I found many that were already modified and track ready and actually reasonably priced for the amount of work done to them. BUT, I ended up getting a bone-stock with good frame and body. As easy at it was to just get one and take her straight to the track I wanted to build it myself. That was a huge deciding factor in my purchase. More about pride and wanting it set up exactly how I wanted it than it was about ease and convenience. I could have gotten a car and dropped a motor in it for less than what I am currently budgeted at but it just didn't seem right.
Ed,

What you just said is very true in some cases that's for sure.
icon7.gif



Terry
 

Riptide

Will work for Mustang.
Joined
Oct 27, 2009
Posts
5,248
Reaction score
17
Location
Montucky
Keeping it until I wreck it or just decide I don't want to have a "fast" car any more. I don't get tired of things that easily. The new ones are better in some ways but not enough for me to feel like I'm missing out. Many of us are limited to 91 octane fuel which is already good enough for around 600whp anyway which is a handful on public roads.

If you can afford the cost of buying, modding, selling, wash/rinse/repeat then great.
 

702GT

S197 Fanatic
Joined
Mar 18, 2010
Posts
2,060
Reaction score
52
Location
Las Vegas
This is a great thread and the insight is very helpful. I'm actually putting my '08 GT up for sale soon, starting with craigslist and word of mouth through friends to their friends. I wanted to stay away from consignment as I really don't think my car and it's asking price justifies having a cut taken out of it, or spending a bunch on advertising. I think the big thing for me that works in my favor is, I'm not in a hurry to sell it. While I'm motivated to sell, I'm not going to just dump it for under book just to get rid of it. I think all of my modifications work very well together and make the car unique, but not so heavily modified that I'm trying to get every dollar back for my mods.

I think financing is a huge player with Mustang's. The average GT with typical mileage doesn't hold "huge" value, but it holds enough that someone who doesn't have a chunk of cash to back up their financial institution, could easily be denied a loan for our aging S197's. Mine being almost 10 years old, isn't going to help my sale lol.

I could de-mod the car and sell around book, and probably make the same as my asking price, but I'd much rather see someone take the car whole, and continue where I left off or take it further. I wanted to buy BruceH's car for the longest time, but I had to sell mine to buy his lol. Now priorities have shifted again, and the money from the Mustang is already spoken for. Life's funny like that. Excellent thread OP!
 

46addict

13726548
Joined
Aug 25, 2016
Posts
1,832
Reaction score
56
Location
Lawrenceville, GA
There seems to be a value cap put on modified cars because book value does not increase with upgrades. So regardless of whether you have $50k into the car or $25k into the car the number of hits you get from buyers will decrease as the asking price goes up. Of course there are exceptions for one off builds where the build is difficult to replicate. And the trend may be different in duPont Registry, BringaTrailer, etc. My experience comes from craigslist, Autotrader, and car forums.

The main thing in common with all sales is finding the right person to show up at the right time. Ass for every seat, as someone else mentioned.
 

46addict

13726548
Joined
Aug 25, 2016
Posts
1,832
Reaction score
56
Location
Lawrenceville, GA
Let's take a step back and look at human nature and the treadmill of hedonistic desires that we're all on. It hurts our finances and, since I'm a bastard bleeding heart and environmentalist apologist, is destroying the earth. This is a discussion few will want to delve into, but I believe that home prices in my country (Canada,) are elevated to such an extent that many of my cohorts find it impossible to spend much on consumer goods that cost any real money. It might be the same in many regions - the USA is a consumer spending mecca in comparison! The governments must think this is a good thing, since instead of buying bass boats and rims and AR-15's and side by side ATV's, everyone here can buy one car every 8 years, their house, and THAT'S IT. No greenhouse gas emissions from flights all over the place, no excessive purchases of home audio systems or god knows what. No tesla battery packs!

Differences between a socialist economy and a free market economy. Become one of us and enjoy the warmer weather, semi-autos with drum mags, cheap gas, and bikini beaches!
 

tjm73

of Omicron Persei 8
S197 Team Member
Joined
Jun 9, 2010
Posts
12,092
Reaction score
1,638
Location
Rush, NY
Differences between a socialist economy and a free market economy. Become one of us and enjoy the warmer weather, semi-autos with drum mags, cheap gas, and bikini beaches!

Are you saying Canada's economy is socialist? If so, are you making a joke?
 

Phil1098

Member
Joined
Mar 23, 2015
Posts
459
Reaction score
27
Location
Central Illinois
Everyone on here knows parts installed just don't mean that much to the value. Here is an example, if tomorrow I put $3,000 worth of coil over shocks and struts on my car and went to sell it how much would the value rise on an 06 Mustang? My guess is not much. I take those same shocks and struts off and list them in the parts section with less than 100 miles on them and ask $2,300 and they would probably be sold in a day. On the car I doubt I could get an extra $1,000 for the car.
 

tjm73

of Omicron Persei 8
S197 Team Member
Joined
Jun 9, 2010
Posts
12,092
Reaction score
1,638
Location
Rush, NY
46addict said:
Sending a PM as to not derail Terry' thread. You can copy/paste this for others to see in your own thread if you wish.

I don't know what got your underwear in a wad about Canada's economy but considering their universal healthcare offering, their push towards a carbon tax, and gun laws, I'm going to call it a socialist state. This site, among others calls it a "social economy."
http://www.ccq.ca/

The rest is semantics.

I am going to put this right here and I will let a moderator decide if/when it should be separate.

My underwear is wad free. I was just looking to clarify what you wrote was in fact how I read it. I kinda thought you were joking, but not now. It seems you're the one that has the panties in a wad about Canada's economy. I only take exception with the inaccuracy of the statement. Canada is a free-market economy, albeit highly regulated. Yet regulations do not equal socialist. You should bone up on the definitions of free-market and socialist. You also may want to research what market regulation is really about and why it has evolved to where/what it is.

https://en.wikipedia.org/wiki/Economy_of_Canada
http://www.economywatch.com/world_economy/canada/structure-of-economy.html
http://www.heritage.org/index/country/canada

All three of these define it as a free market based economic system.

A completely "free-market" system nor a "socialist market" system is sustainable. Both have flaws that grow until the system collapses. The free-market system abuses the users and employees to the benefit of the owners to the point where the people rebel and reset the market. The socialist market just takes and takes until there is nothing left and the people rebel and reset the market. It's a pattern that has shown itself throughout history. The best approach is someplace in the middle.

All of that aside, I think the guys have covered the issues with selling a modified car pretty well. I bought a modified Foxbody that was for sale for at least 30 days for a price that was really a steal. The hard parts and labor to install/assemble them exceeded the purchase price. It was like getting the car for free (or the parts). I offered a grand less than advertised and he took it without a second thought. I could have probably bought it $500 bucks cheaper. But I was ok with my offer and I own the car.
 

46addict

13726548
Joined
Aug 25, 2016
Posts
1,832
Reaction score
56
Location
Lawrenceville, GA
I am going to put this right here and I will let a moderator decide if/when it should be separate.

My underwear is wad free. I was just looking to clarify what you wrote was in fact how I read it. I kinda thought you were joking, but not now. It seems you're the one that has the panties in a wad about Canada's economy. I only take exception with the inaccuracy of the statement. Canada is a free-market economy, albeit highly regulated. Yet regulations do not equal socialist. You should bone up on the definitions of free-market and socialist. You also may want to research what market regulation is really about and why it has evolved to where/what it is.

My statement about the Canadian economy being socialist wasn't meant to be taken with a negative connotation. There was nothing in my original statement that implied socialism is some evil agenda. It's not like I was inviting eighty6 over to the US thinking I actually have any input on his living decisions. I was only pointing out some differences between the US and Canada. I'm aware of the differences of a free market economy and a command economy. It's like I'm back in high school economics. Technically Canada's economy is still a free market economy with more bias on social programs, baby sitting the citizenry, and being environmentally apologetic as eighty6 put it.
 

tjm73

of Omicron Persei 8
S197 Team Member
Joined
Jun 9, 2010
Posts
12,092
Reaction score
1,638
Location
Rush, NY
I gottcha. They are taxed to death up there. No arguing that. It's what they use the taxes for that's questionable. The economy and what they do with the taxes levied are two different things.

But if enough people want to change how their society operates, taxes and spends they will elect reps to change it. Otherwise their social culture will go the way it is going. They just elected a very liberal PM, so it seems the voting public want's what it is getting.

My Mother's side of the family is from, and still lives in, Canada. They are happy with their government. They are a little too far to the left on some things for me, but I am not Canadian so I will keep my opinions on their society to myself. I've been to Canada many, many times. It's a wonderful Country. I like going there. I like coming home better. Well, except the border crossing. That can be a hassle sometimes, but it is what it is for probably good reason.
 

stkjock

---- Madmin ----
Staff member
Administrator
Super Moderator
S197 Team Member
Joined
Jul 10, 2007
Posts
40,223
Reaction score
3,138
Location
Long Island NY
Took me 9 months and several price cuts to sell my 06GT, it had at least $10K in upgraded parts, not including labor, I maybe go .15/$ for them, maybe.....

you don't modify a car to sell it.
 

slackinoff

Senior Member
S197 Team Member
Joined
Feb 14, 2016
Posts
843
Reaction score
9
Location
East Texas
Well no shit, Sherlock. We knew that from your first post, no need to assume we are all stupid phucks. You seem to have an incredible grasp of the obvious.

LMAO, I know! I like you Terry, but give us the benefit of the doubt we can read between the lines my man.

I don't mean to insult anyone's intelligence, as my post below is common knowledge. I think the problem is a person fails to make a plan for the car with expectations, goals, and outcomes. One day you are putting on a CAI, the next it's a forged motor......you will be much happier and well off if you plan ahead, and know exactly what you are going to do before you even buy the car.

I love modifying. But it sucks financially! (most of the time) You are so much better off buying a factory "special edition" vehicle than purchasing a "regular" vehicle and making it your own special. Factory special cars hold their value so much better. Look at the Terminator, the GT500, or the special Mopar stuff. They have held their value in a spectacular fashion compared to a similarly modified, common model.

My plan, own 3 vehicles (hopefully in the near future). One car that I modify to my hearts content (maybe it's a track car or just highly modified), second vehicle would be a pickup/suv/daily, third would be a "factory special" car.....like a GT500, Terminator, GT350, maybe even a Supra......or shoot a Hellcat. But that third car would stay mostly stock.
 

AndrewNagle

forum member
Joined
Jun 20, 2008
Posts
4,272
Reaction score
1,351
Location
Mountains of NC
LMAO, I know! I like you Terry, but give us the benefit of the doubt we can read between the lines my man.

I don't mean to insult anyone's intelligence, as my post below is common knowledge. I think the problem is a person fails to make a plan for the car with expectations, goals, and outcomes. One day you are putting on a CAI, the next it's a forged motor......you will be much happier and well off if you plan ahead, and know exactly what you are going to do before you even buy the car.

I love modifying. But it sucks financially! (most of the time) You are so much better off buying a factory "special edition" vehicle than purchasing a "regular" vehicle and making it your own special. Factory special cars hold their value so much better. Look at the Terminator, the GT500, or the special Mopar stuff. They have held their value in a spectacular fashion compared to a similarly modified, common model.

My plan, own 3 vehicles (hopefully in the near future). One car that I modify to my hearts content (maybe it's a track car or just highly modified), second vehicle would be a pickup/suv/daily, third would be a "factory special" car.....like a GT500, Terminator, GT350, maybe even a Supra......or shoot a Hellcat. But that third car would stay mostly stock.

I can tell you the best way to get rid of a highly modified car and come out even...is insure it with someone like Hagerty's and than total it...ask me how i know
 

slackinoff

Senior Member
S197 Team Member
Joined
Feb 14, 2016
Posts
843
Reaction score
9
Location
East Texas
I can tell you the best way to get rid of a highly modified car and come out even...is insure it with someone like Hagerty's and than total it...ask me how i know
You don't have to tell me that. I am insurance agent, and we sell bit of Chubbs and Hagerty. They are great

Sent from my LG-H910 using Tapatalk
 

Latest posts

Support us!

Support Us - Become A Supporting Member Today!

Click Here For Details

Sponsor Links

Banner image
Back
Top