Let's say for example, a stock '98 cobra w/69K....

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meyersk76

New Member

May 14, 2004

1

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May 14, 2004

#1

• May 14, 2004

• #1

on the odometer is selling for $12,000. I add these aftermarket
parts:

O/R Bassani x-pipe,
Dynomax Ultraflow SS mufflers,
Ram Powergrab Heavy-duty clutch,
Steeda pulleys,
Steeda Tri-ax shifter,
Steeda C/C plates,
Eibach Sportline springs,
FMS 4.10 ring and pinion,
FMS Aluminum D/S,
S-281 wing,
Black tail-light bezels.
Steeda full suspension:
Tokico Illumina 5-way adjustable shocks/struts,
Steeda C/C plates,
Steeda lower control arms,
Steeda front tubular swaybar,
Steeda off-set rack bushings and a-arm bushings,
Steeda chrom-moly sub-frame connectors w/ cross braces

How much would the cobra be worth after the install to the average consumer here? $15k? Less? More?

This may be a vague quetion, but I'm trying to get you all to let me
in on some ballpark quotes. Here's what it looks like:

 

J

JBVobra

Founding Member

Jun 12, 2000

594

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Corpus Christi, Tx.

May 14, 2004

#2

• May 14, 2004

• #2

car's are a poor investment to begin with. Mod dollars are even worse.

I'd say if you get $.25 back for every dollar in mods, you're doing pretty well. No way would those mods equal a $3000 premium on the $12K price.

 

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Barjam

New Member

Apr 18, 2004

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May 14, 2004

#3

• May 14, 2004

• #3

Personally if I saw a car with a single mod on it, I would walk away. If anything I would say a car with mods has a lower value than one without.

 

bonestock87

Founding Member

Dec 19, 2001

732

12

38

Cape Coral, FL

May 14, 2004

#4

• May 14, 2004

• #4

You do have a very clean looking Cobra, however I have to agree with Barjam and JBVobra. Any money spent on mods should be considered an unrecoverable expense. Unless you attract a buyer that wants one with exactly what you have on there. I would tend to think that any buyer in the market for a Cobra would gravitate more toward a near-stock one. Your asking price of $12K is a bit over dealer retail, and is $1,300 over a private party price (assuming the Cobra is in immaculate shape).

 

5.0's 4 ever

The #1 Stunna

Founding Member

Jan 22, 2000

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76

Orlando, FL

May 14, 2004

#5

• May 14, 2004

• #5

I think you could get $15k for the car. All the mods you have done look great and performance wise the next owner would of done those mods anyways. All of the mustangs I have bought have all been bone stock when I bought them. After putting money into all of them I would much rather buy them with the mods I like already on the car. In the long run the buyer saves money because the previous owner took the hit. A modded car doesn't scare me off either as long as it was done professionally.

 

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travis0712

New Member

Apr 13, 2004

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Missouri

May 14, 2004

#6

• May 14, 2004

• #6

A modded car done right would attract me, as long as the motor was stock... any headwork, or internal work I would walk away... the mods you did are great and I don't see why you could get $14k for your car as long as it was clean inside and out...

It looks sharp I would love to buy it for my wife - she keeps wanting to drive mine
(thankfully she can't drive a stick)

 

B

Barjam

New Member

Apr 18, 2004

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May 14, 2004

#7

• May 14, 2004

• #7

travis0712 said:

A modded car done right would attract me, as long as the motor was stock... any headwork, or internal work I would walk away... the mods you did are great and I don't see why you could get $14k for your car as long as it was clean inside and out...

It looks sharp I would love to buy it for my wife - she keeps wanting to drive mine
(thankfully she can't drive a stick)

Click to expand...

14K? For 6 more K I got a 2001 vert cobra with 34k miles (mint condition no mods).

I figure a guy who modded his car did so to get more hp. Why would he want more HP unless he was beating on it? I guess the same could be said for buying any secondhand performance vehicle though.

Good luck on your sale. My boss recently sold his 97ish Trans Am for a few K over blue book and he had some mods (His car was extra clean like your appears to be) so it isn't unheard of.

Good luck!

 

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lemosley01

New Member

May 17, 2004

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Columbus, OH

May 17, 2004

#8

• May 17, 2004

• #8

That does seem a little steep. I just bought my '99 Cobra Coupe for 13,500 (all stock). If I had seen the car modded (especially if I new it had a heavy duty clutch), I would figure the owner was beating on it and walk.

I prefer to do the mods myself (and then I'll drive it hard).

Maybe better to return everything you can to stock and sell the parts individually?

 

G

GATOR98GT

Founding Member

Apr 27, 2002

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BRISTOL

May 17, 2004

#9

• May 17, 2004

• #9

It would depend on the buyer. People with $$ to spend would rather get an unmolested ersion to build themselves. I personnally looked for a car with a god combo of mod's that I was intrested in and paid a $ 2,000 premuim over book alue for my 90 Gt.

It was worth $4k stock and I paid $ 6k. But wth all the mods that were done parts alone were in the $ 5-6k Range excluding painting the hood and cobra kit, and labor for installing parts. With labor and everything I would guesstimate a $ 10K investment from the owner so I ended up paying $ .20 cents on the dollar.