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Steering wheel upgrade possible?

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Old Sep 5, 2005 | 02:30 PM
  #16  
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From: Tulsa
Originally Posted by jc1999
One more question, what would be the resale value if you add all this stuff post-purchase? Do people (i.e. dealers) really give you what Ford charged you for (a/c, radio controls on steering wheel, audophile system, etc) when you trade in the truck?

Don't expect ANY increase in resale value..
 
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Old Sep 5, 2005 | 04:09 PM
  #17  
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Depends on the mod, and who you trade it in to, if it’s not a Ford dealer, they will not know any little factory type addition is not stock…
Other examples, a fiberglass cover, cruise control, leather, can add to the resale. Vent visors, tint, alarm, aftermarket stereo, can decrease the dealer trade in. Other things like aftermarket power windows, aftermarket keyless entry, better speakers, etc. do 0 on trade in.
Of course when the dealer goes to sell it, the power windows, entry, and speakers will be touted as a big plus, and added to the price.
The Alarm, tint, and vent visors will be removed by the dealer in most cases.
Of course, I am talking about new car dealers.

As to private resale, I have never seen a case where nice/factory looking mods hurt the value. Often helps.
Again, vent visors, tint may actually hurt it a little. Narrows the resale market a touch.

Even a great sound system (2000 buck type) only returns a couple hundred on the private party resale. Unless you just happen to get the right buyer.

Tonneau’s that look good, and power accessories that work well usually add to private party interest.

Lifts kill resale like you wouldn't believe. So do any physical body mods. You might like those flames, or that set of sculpted flairs, but the next guy will knock the price down equivalent to what it costs to put it back to stock. On lifts, he will assume you screwed up the whole drive train.

Power increasing additions, with the exception of a nice sounding (not loud) exhaust, are poison to resale value.

You do best to never mention tuners. Yank air intakes before you try to sell.
Extra towing stuff is taboo, 90% of the time. Even an idiot can figure out that you used it to tow, and they will assume you are towing houses….

The new buyer wants Paw Kettle's truck.

I've worked at dealerships, many years ago, where we got paid to pull the power equipment, alarms, etc, and got to keep the stuff, if we wanted it.

I've been at the auctions and watched the buyers walk away from lifts, lowered stuff, anything with fiberglass. I have been asked 'on the fly' by the buyers "How much to yank this or that off?" And that amount came off the bid maximum.

I don't trade in anything, as I have never seen a decent trade in amount. I have on occasion bought cars in new car lots, from people that were about to take 40% of the actual value from the dealer. Got tossed off one lot, but managed to buy a Suzuki Sidekick for 35% of low book, sold it a year later for three times what I paid...
Chris
 
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Old Sep 5, 2005 | 04:52 PM
  #18  
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Great answer Chris, appreciate the input.

-Joab
 
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