price of a highly modified G?

Started by z3i, October 05, 2013, 10:34:52 PM

Previous topic - Next topic

z3i

Just curious as people keep asking me how much my car is worth, and to be honest I don't really Know
I see original g40's going for silly money
so would a modified one like mine or jezzas (retaining the Glader) be worth as much? Or more? Considering I have spent ££££ on it

Robin

Worth very little as a car compared to how much it's worth in parts.

Etches


Jezza-7

If i sold mine, i would want 4k. But it would never sell, however in parts it would probably make over 4k.

scotsjohn

I bought mine for £2.5k, spent over £4k on it, and couldn't reasonably expect more than £4k for it although most of the money has gone on re-build. Funny thing is though, that as soon as someone buys an original, the first questions are about how to get more power.

z3i

Yeah I've noticed that lol. Also £2500 and spent around £4000 on it haha
Once it's painted and remapped I wouldnt ever except less than £5k for it. steep I know but the work that been done
Not that it will ever be for sale :P

breadman

The trouble is Taylor, you could spend £10k on a G40 and it'd still probably be worth less than half that.
There just isn't a market for highly priced G40's.
However, I'd expect a completely original, genuinely mint condition G40 with very low mileage to be worth the most money. Whether one still exists is another question.

Tav

Quote from: scotsjohn on October 06, 2013, 09:33:04 AM
I bought mine for £2.5k, spent over £4k on it, and couldn't reasonably expect more than £4k for it although most of the money has gone on re-build. Funny thing is though, that as soon as someone buys an original, the first questions are about how to get more power.

Yours is a good example.  It's nice but has things I'm not interested in...wheels/brakes/seats/bumpers.  So the mods have little value to me...so much so I'd sell them as soon as I bought the car.

For someone else it might be perfect and they wouldn't change a thing and they would be happy paying the full whack for it.

Personally an original would be what I'd look for as I've found with Polos it's hard to get one that has been modified to a high standard and isn't hiding problems.  Easier to start with something basic and do it yourself.

Alex

I'd say the modifying standards thing is true of a lot of cars, to be honest. Without decent documentation I'd be wary whatever I was buying. But I think, like a lot of people on here, I've given up caring about the resale value because I don't plan to get shot of it. The flip side of that is I wouldn't modify another one if something catastrophic happened to mine.

scotsjohn

That's it in a  nutshell; losing a couple of grand on any car is the norm. Trick is to get a couple of grand's worth of fun from the car. You can spend a lot of time skinning your knuckles and by trying to achieve too much, you end up pissed off as well as skint. The G in pretty standard form is a hoot to drive, but beyond the pulley and chip mod., it's a law of diminishing returns.