Discussion about the actual resale value of a Pro-touring car

[markss28]

This is a great topic and I'm very glad someone brought this up. I have what I consider a budget build. (Nice paint, good interior, sbc 500+ hp, overdrive, big brakes, Boze wheels, hotchkis suspension, AC and stereo system). I have seen cars like mine go for like 75k and I think that's just nuts. Personally I think something like this should be 30-50 depending on the finish.

Not to bring anyone up but there was a sweet blue camaro, minitubbed, nice wide wheels, Ls high hp, nice interior going for 55k. I think it was priced right for any buyer.

[Ketzer]

I think the name on the parts helps sell the car but not always at a higher price.
Sorta like having a pool in your backyard doesn't add value to your house but might help it sell to the right buyer over another similar house in the neighborhood. (talking about regular pools, not Rodger pools...)




Jeff-

[Musclerodz]

There are 2 buyers for Pro-touring cars I have found. The educated buyer that knows what he wants and the uneducated buyer that wants the look like but doesn't know what to look for. I don't think there is any rhyme or reason to price as I have seen RS cars sell cheap at Barrett and have seen a buddy of mine get 74k out of a 69 with noting more than mini tubs, billet goodies, LS1, and a set of Rushforths on it. I think too much personalization is a kiss of death to resale value. I'm not knocking RS in any way, I LOVE their work and style. I also believe certain parts do add value just like hardwood floors and granite tops add value to your home, but I also think you can do too much and narrow your prospective buyer pool down where it might be hard to sell the car.

[GregWeld]

Hellfire will bring top dollar.... BirdNest.... not so much. LOL

[Vince@Meanstreets]

Originally Posted by GregWeld

Hellfire will bring top dollar.... BirdNest.... not so much. LOL

Now I know why said person is clearing his stable.. That or the futureliner.

[DBasher]

So take this one for example.

http://seattle.craigslist.org/see/cto/4685754768.html

Assuming you don't touch the paint and the interior is good. Talk him down to 18k.

Add fuel injection and an OD trans
RideTech bolt ons
Same rims, new tires to match the new height

Nice vintage muscle that looks and drives better than new, nothing crazy and can be put back to stock. Average dude at the local XXX having fun and getting the looks.

What's it worth?

[Schwartz Perf]

Neat topic.

I agree with MuscleRodz, in that there are different types of buyers.
If I was not in the business, but had similar knowledge that I do currently about pro-touring cars, I would care about the suspension, brakes, engine, and how good the bodywork was. I feel this would be the same for any pro-touring educated individual.

Now, talking about the average guy who doesn't know about the pro-touring world, "oh man.. this thing has 4 wheel discs?? AND a 383??? SOLD"

As the pro-touring trend grows, (and economy gets better) I do believe that the 100k cars will sell better, but it seems like right now it's still not to the full potential.

It's just like building a house.. basically the same principles apply. I would pay a little more for a house that had been outfitted with 220v for welders and lifts, compared to a Joe Schmoe who plugs his 1hp air compressor in to fill up his lawn mower tires.. because he doesn't have a use or desire for 220.

In my personal opinion, I don't think resale value should matter all that much if you're building a car, as long as its your car and you love it because it was built to your specification. If they're quick flips where little to no bodywork is required, that's ok.. but 95% of the cars we've had through here have had a rough history in one way or another.. which ends up costing the end user more money since they're doing a full build & don't want to skimp on something that matters in the long run.

-Dale

[214Chevy]

Originally Posted by Musclerodz

and the uneducated buyer that wants the look like but doesn't know what to look for.

....and that's why mine will never be for sale. Other than some unforseen family emergency, uhhh...nope. But now, like Mike mentioned, if an uneducated buyer just has to have it and offers me some stupid, ridiculous amount of money, it'll never be for sale.

[MaxHarvard]

Originally Posted by markss28

This is a great topic and I'm very glad someone brought this up. I have what I consider a budget build. (Nice paint, good interior, sbc 500+ hp, overdrive, big brakes, Boze wheels, hotchkis suspension, AC and stereo system). I have seen cars like mine go for like 75k and I think that's just nuts. Personally I think something like this should be 30-50 depending on the finish.

Not to bring anyone up but there was a sweet blue camaro, minitubbed, nice wide wheels, Ls high hp, nice interior going for 55k. I think it was priced right for any buyer.

And the new owner was pretty happy with the car

I priced it accordingly to what I thought the market would bare for that type of car in that condition with those parts...etc...etc... As I'm sure you know, asking price isn't what you always end up with.