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What do you think this car is worth?

gtr buying boostlogic

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#1 ikold Posted 14 May 2012 - 08:01 PM

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Am curious what the group thinks this car is worth. http://www.bjmotors....-sale-0028.html
It's always difficult to arrive at a value for a heavily modded car. I'm not the seller. Was thinking about making an offer, but don't even know where to begin.

Thanks



#2 mlambert890 Posted 16 May 2012 - 12:41 AM

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I would do this....

Take the value of a clean 11 first at equal mileage.  That's prob going to be around $80k or more realistically.

Now add up what all of those mods cost.  Factor in maybe 30% of the purchase value of the mods or so. The BL kit is around 26k... Maybe figure a total of 9-10k in resale for all of the mods...

I'd say maybe you could lob in an offer of 89 and see what happens.  You could offer base value of a clean stock 11, or even lower and try to pretend you believe there is diminished value, but they'll tell you to go F yourself since they are clearly selling a modded car as modded and you asking would prove you want that so "diminished value" arguments become BS :)

I'd bet that car is on consignment so will come down to owners tolerance.  At a certain point, though, he'll opt to go the return to stock route and part it out, most likely.  If that's fully not an option, I would suspect he'll be planning to hold out for a buyer that appreciates the build.

The one scenario I think is unlikely is getting away with grabbing all of that kit for a steal unless the guy is desperate, has no original parts, and needs money fast

Edited by mlambert890, 16 May 2012 - 12:47 AM.



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#3 ksbenz Posted 16 May 2012 - 05:53 AM

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A dealer will not pay anymore for the mods, why should a buyer. Having said that, if you like it and are happy with the quality of the upgrades then maybe high  eighties.


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#4 gilly6993 Posted 16 May 2012 - 07:05 AM

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that car is defiantely on consignment....dealers do not want to deal with heavily modded cars like that.....those cars are a very tough sell....it takes a certain buyer to purchase a high horsepower car like that....I remember about a year ago a local guy wanted $130K  for his 100 hp car.....he got just under 100.....I would offer low to mid 80's.....


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#5 leaveit2bevo Posted 16 May 2012 - 09:53 AM

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BJmotors nice



#6 Lgear080 Posted 16 May 2012 - 07:40 PM

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Start at $80 flat. Their reaction will be neg out of the box. Let them come back to you.

I'm sure they're willing to settle at $85 or less.

IMO the mods negatively impact the car's value.



#7 ikold Posted 16 May 2012 - 11:40 PM

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Appreciate the thoughtful responses. Given the feedback I'm getting the seller is a bit above what I think the car is worth. Had offered in the high 80's and was rejected.



#8 gilly6993 Posted 17 May 2012 - 01:47 PM

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View Postikold, on 16 May 2012 - 11:40 PM, said:

Appreciate the thoughtful responses. Given the feedback I'm getting the seller is a bit above what I think the car is worth. Had offered in the high 80's and was rejected.

He'll be wishing he took that in a few months as the car sits.....


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#9 quick1unc Posted 17 May 2012 - 08:35 PM

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That car is also on ebay and has been for a few weeks, I believe they have it listed a few thousand less than what that link shows. $97.5k I believe.



#10 scottryana Posted 18 May 2012 - 09:32 AM

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I think low 90's is definitely in the ballpark.

2011 with 6500 miles, probably $78-80k
HRE wheels and tires - $4-5k
BoostLogic Kit - $9-11k
Body mods - $2-3k

It's not my style but if you really like the car I think you would be getting a very good deal at $92k.   Replacement costs if you had to build a car like this would be well over $105k





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