Effect of DIY work on value?

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Daniel2019
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Effect of DIY work on value?

Post by Daniel2019 »

Im doing some DIY paint (the engine cover and brake calipers) and along with some custom interior colours, I was wondering how this would effect the value of my FTO. I am definitely not ever planning on selling my FTO and I will drive it until it either blows up, the wheels fall off or it simply becomes an absolutely endless pit of money, however I was curious as to wether or not the DIY work (done properly, not dodgy) would add to or lessen the value of my car?
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Re: Effect of DIY work on value?

Post by Bennoz »

The only thing that will add money to the value of your FTO, is if you sell it with a full tank of gas.

Only serious modifications will add value, and even then, its a small percentage compared to what you'll spend on it. For instance, I've spent almost 80 grand on my car & I'd be lucky to get 20k for it if I sold it tomorrow.

Cars aint like property ;)
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Re: Effect of DIY work on value?

Post by Daniel2019 »

So custom paint on the calipers and engine bay among other things wont decrease the value at all?
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Re: Effect of DIY work on value?

Post by Bennoz »

If done tastefully & properly, no.
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Re: Effect of DIY work on value?

Post by Eltnot »

Daniel2019 wrote:So custom paint on the calipers and engine bay among other things wont decrease the value at all?
So long as they aren't done badly, generally not.
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Re: Effect of DIY work on value?

Post by Daniel2019 »

Bennoz wrote:If done tastefully & properly, no.
:cheers:
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Re: Effect of DIY work on value?

Post by Bennoz »

:lol:
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Re: Effect of DIY work on value?

Post by payaya »

Old car, won't make much of a difference!
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Re: Effect of DIY work on value?

Post by phi-tec »

Bennoz wrote:The only thing that will add money to the value of your FTO, is if you sell it with a full tank of gas.

Only serious modifications will add value, and even then, its a small percentage compared to what you'll spend on it. For instance, I've spent almost 80 grand on my car & I'd be lucky to get 20k for it if I sold it tomorrow.

Cars aint like property ;)
speaking of which, bennoz do you perhaps have a thread of your car? iv had a look but no go, only found the thread for your partners one oO and yeha i agree with bennoz, everything depreciates as soon as you install/modify
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Re: Effect of DIY work on value?

Post by Supplanter »

Just don't use pink and you should be OK :thumleft:
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Re: Effect of DIY work on value?

Post by bass_twitch »

phi-tec wrote:
Bennoz wrote:The only thing that will add money to the value of your FTO, is if you sell it with a full tank of gas.

Only serious modifications will add value, and even then, its a small percentage compared to what you'll spend on it. For instance, I've spent almost 80 grand on my car & I'd be lucky to get 20k for it if I sold it tomorrow.

Cars aint like property ;)
speaking of which, bennoz do you perhaps have a thread of your car? iv had a look but no go, only found the thread for your partners one oO and yeha i agree with bennoz, everything depreciates as soon as you install/modify
:lol:
Did you look in the turbo section?! There's like 20 something pages of it!
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Re: Effect of DIY work on value?

Post by Bennoz »

bass_twitch wrote:
phi-tec wrote:
Bennoz wrote:The only thing that will add money to the value of your FTO, is if you sell it with a full tank of gas.

Only serious modifications will add value, and even then, its a small percentage compared to what you'll spend on it. For instance, I've spent almost 80 grand on my car & I'd be lucky to get 20k for it if I sold it tomorrow.

Cars aint like property ;)
speaking of which, bennoz do you perhaps have a thread of your car? iv had a look but no go, only found the thread for your partners one oO and yeha i agree with bennoz, everything depreciates as soon as you install/modify
:lol:
Did you look in the turbo section?! There's like 20 something pages of it!
Try 50+ :lol:

viewtopic.php?f=22&t=15644
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Re: Effect of DIY work on value?

Post by phi-tec »

ah... iv searched through members rides =.= thanks
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