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Do mods increase value?

Discussion in '2nd Gen. Tacomas (2005-2015)' started by rosebud, Sep 17, 2009.

  1. Sep 17, 2009 at 2:49 PM
    #1
    rosebud

    rosebud [OP] Love that transmission!

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    I am just curious, because I know that this is not my last truck, but I do want to do some mods on the ride. What mods add to the value of a taco? Do wheels, grille guards, custom grilles, etc, add to the worth of a taco, or will that only be a matter of opinion for the buyer?
     
  2. Sep 17, 2009 at 2:50 PM
    #2
    nad

    nad mmmm tacos!

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    none will add value, if your gonna get mods, keep the stock parts so you can put them back on when you go to sell, then you can resell the parts :)
     
  3. Sep 17, 2009 at 2:51 PM
    #3
    ColtsTRD

    ColtsTRD Well-Known Member

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    x2 Thats the best thing :thumbsup:
     
  4. Sep 17, 2009 at 2:52 PM
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    Razorecko

    Razorecko Well-Known Member

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    ^ yep. Only very few mods might add a minor increase in value...ie trd cai/trd exhaust. Wet okole's. Either way its always better to put back to stock and sell the parts serperatley unless the labor time doesn't warrant the payoff
     
  5. Sep 17, 2009 at 2:52 PM
    #5
    Chad

    Chad Well-Known Member

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  6. Sep 17, 2009 at 2:54 PM
    #6
    NetMonkey

    NetMonkey Well-Known Member

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    well... its added value only if someone else is willing to pay for those mods :)

    wait... actually, i turned in a lease vehicle once and i got more for it from adding chrome rims and wide tires...
     
  7. Sep 17, 2009 at 2:55 PM
    #7
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    A supercharger is probably the only thing that may add value.
     
  8. Sep 17, 2009 at 2:56 PM
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    nad

    nad mmmm tacos!

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    even those types of things dont really add resale value, the thing is when someone is looking to buy a tacoma they will be looking to buy a tacoma and compare it to every other tacoma for sale, which most likely wont have any mods or aftermarket parts. little things like seat covers and cai's will help you sell the vehicle but they wont necessarily get you more $
     
  9. Sep 17, 2009 at 3:01 PM
    #9
    Crom

    Crom Super-Deluxe Member

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    That's exactly what I did when I sold my Integra. Sold all my aftermarket parts on craigs list.

    Also worth noting is that mods will not necessarily increase the value to the insurance company. Case in point, my coworker had his '05 jeep stolen from work. He had $6,500 in improvements. He had all of his receipts to prove it (no pictures though). The Insurance company is trying to get him to settle for .25 cents on the dollar for almost all the aftermarket parts. He is very diplomatic about it, but they have a hard-line attitude about their offer (take it, or take us to arbitration, have a nice day).

    One of his biggest problems is trying to explain to the adjuster just how the mods increased the value of the truck. My coworker will end up loosing approximately $3500.

    In San Diego, its very common for the jeeps to be stolen and they wind up in Mexico. I have heard rumors about how the authorities in Mexico do virtually nothing to recover the vehicle even with the lojack devices--they don't care.
     
  10. Sep 17, 2009 at 3:06 PM
    #10
    Brunes

    Brunes abides.

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    Nothing will really add value unless it's something the person/company buying the car wants it.

    Even a supercharger isn't worth anything to someone who just wants a truck...

    Keeping stock parts to replace when you go to sell is the way to go...or just not worrying about it.

    As far as Cokes buddies Jeep- If you mod your vehicle that extensively you are on the hook to let your insurance company know. They charge you based on accepting a certain dollar amount of risk (the value of the car). They usually include about a grand in "extras" coverage...and you are required to let them know about improvements past that amount that you would like covered.
     
  11. Sep 17, 2009 at 3:07 PM
    #11
    krimson

    krimson Nothin

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    TRD should come out with lifts
     
  12. Sep 17, 2009 at 3:08 PM
    #12
    jtav2002

    jtav2002 Kenny Fuckin Powers

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    As mentioned they typically aren't going to add value. Especially alot of performance parts since often times the dealer will return the vehicle to stock before they sell it, so it costs them to do so. On occasion they will give you more when you have difference rims on or items like that. As far as private sale, only is going to add value if the buyer cares about that stuff and is willing to pay more for it. As others suggested you definitely want to keep stock items. You'll make out by returning the vehicle to stock and selling your aftermarket items seperately then.
     
  13. Sep 17, 2009 at 3:22 PM
    #13
    rosebud

    rosebud [OP] Love that transmission!

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    Stock suspension, stock wheels, stock bumper, stock, stock, stock, dammit!
    I wonder if I should do much, then. I plan on having this truck paid off by the end of next year if not sooner, and will keep it for a few years, but eventually want my prerunner or 4x4. Should I wait on the pricier things for my next truck?

    One thing that will make this truck more appealing is new wheels and tires. But if it would be best to return it to stock before I sell it, maybe I should just think tires?
     
  14. Sep 17, 2009 at 4:28 PM
    #14
    SRQ TACO

    SRQ TACO Well-Known Member

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    IMHO only adding factory mods will increase value suck as TRD rims or seat covers you know stuff available at the dealer.
     
  15. Sep 17, 2009 at 4:56 PM
    #15
    rosebud

    rosebud [OP] Love that transmission!

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    Stock suspension, stock wheels, stock bumper, stock, stock, stock, dammit!
    I might get new rims after I pay it off, but I won't get top of the line. I want to go with 16 rims and bigger tires, and that should make the truck more appealing even when I sell it.

    You know, if I don't plan to trade it in, mods would probably help me get at least KBB. I just sold my mother's honda for BB just because it looks great even though it is ten years old.

    What about tonneau covers?
     
  16. Sep 17, 2009 at 5:21 PM
    #16
    jtav2002

    jtav2002 Kenny Fuckin Powers

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    Well a tonneau is only a few hundred bucks as it is so I don't know that it's going to mean much 5 years from now. If you want to do stuff to the car, just go for it. You can always sell the stuff afterwards. Hell I bought stuff for my previous car and I only leased it for 2 years lol. Was probably dumb but I ended up selling everything I had on it within a few weeks. You only live once! Don't be hesitant to do stuff to the truck because you're getting rid of it in a few years.
     
  17. Sep 17, 2009 at 5:35 PM
    #17
    rosebud

    rosebud [OP] Love that transmission!

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    Stock suspension, stock wheels, stock bumper, stock, stock, stock, dammit!
    Yeah, I do want to do a few things. :D
     
  18. Sep 17, 2009 at 6:45 PM
    #18
    WilsonTheDog

    WilsonTheDog Kylie's dad

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    You don't do mods for added value, you do them for your own enjoyment.

    Matter of fact, mods will make your vehicle less attractive to most buyers. People shop based on KBB (or similar) value so the 60 yr old grandpa who wants a second hand truck doesn't care about your intake and won't pay extra for it. He may even walk away entirely because he'll assume the truck was beat on.
     
  19. Sep 17, 2009 at 6:49 PM
    #19
    Zombie Runner

    Zombie Runner Are these black helicopters for me?

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    oil change...
    it will make it easier to sell, just not worth more
     
  20. Sep 17, 2009 at 6:50 PM
    #20
    Burgman

    Burgman I KEEEEEL YOU

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    i would say the exact opposite, err half opposite... a modded truck will take longer to sell and will receive more hagglers, stock vehicles sell faster and in turn for more
     

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