Thinking about putting the L on the market and I DO NOT want to trade it in at the dealer and be totally screwed. Its a 03 Black L that I purchased in Aug 04. I have less then 1600 miles on her and have spent 15K on mods. This is not including shipping or labor cost at the shop(that would be at least 3K more total).
She has been in my garage and put forth allot of attention to detail on things I think.I am leaving for a year and don't really get to enjoy as much as I would like since I am gone so much. I think a enthusiast(sp) would appreciate it and respect the asking price more the the "stealership" or someone that has no clue about our trucks. KBB says private party:27K,Trade in:24K+,and Sugg retail:29K+.
"If" I put it on the block do you all think 33-35K is unrealistic as far as asking price for it from private party? I know you are going to lose once you start slapping the mods on that is why I was going to add 6-8K over KBB privvate party even though I have spent waround 18K(thats "total"cost though)to this point. Just wanted to get your thoughts and I do have pics posted in the photo galleries for referance.
Thanks for your input/advice.

 

KBB is too high

I bought my new 04 for that money with zero miles

I havent heard of ANYONE selling thier used truck for 10 k over retail. The way 99% have done it is return it to stock and sell the peices..

If you are only making 400 hp where did the 18k go ? You can make that kind of power for 800 bucks....

Doug

 

If you find someone to buy it for 37K, find out if he wants two.

 

I'm not sure what the point was of ragging on the guy for not getting what you consider to be adequate HP for the money, but there are a million ways to spend money on these trucks. Not all of them are HP related. He didn't post looking for anyones approval on his mods or what he spent for them-he simply wanted to know if that was a reasonable asking price.



I would try to sell your truck in some regional/national publication. With that low mileage, and the mod money you put into it you may get somewhat close to what you're asking. However, you did hit the nail on the head about losing money on mods. I also dont know how long you've got to play games with potential buyers before you ship out. It may be a bit of a stretch, but there may just be someone out there with similar tastes that is jonesing for an L. Just out of curiosity, what mods have you done to your truck? Good luck.

 

It wasnt ragging on him - It weas asking where the $$ went - It clearly didnt go in the engine.... If you are going to try to get 10k over the price of a new truck it will be important to justify where the 18k you spent went.....

I guess you can read the post anyway you want...

As Odin's Wrath said "If you find someone to buy it for 37K, find out if he wants two. "

 

I can telling you from selling my '01 and helping a friend sell one of his L's, mods are near worthless on the truck. This includes performance mods, stereo mods or appearance mods. The problem with expecting someone to pay $10k for mods on the truck is that unless they're paying cash, the bank only goes by what NADA or KBB says with regard to value. That means that the buyer would have to pay the extra $10k cash plus his downpayment on the loan. He'll also have a hard time getting his insurance to cover the "actual" value of the truck. My advice would be to strip the mods and sell them off. That way you only lose half the money.

Hope this helps,
Edward

 

I've sold a car in the past through www.rmauctions.com and I set a reserve price, it sold for about $4k OVER the reserve price.

 

Hay man,you seem to get it. The dyno sheet in my gallery is not accurate. I have done some more things under the hood since Oct and just loaded up a SCT tune from JDM and it will be on the dyno in a week with new numbers. I have spent money on more then just the engine obviosly. I made a list of all my mods and cost so if you email me I will be more then happy to email them to you so you can check out what i have done. Just trying to see what people who have bought/sold to "keep it real"Take care.
Russ.

 

Hay silver,you are correct that most of the money has not been spent on the engine. The dyno sheet in the galleries is not current. In a week there will be a new one since I have replaced the stock fan with electric,Ruslow underdrive pulley,moded PSP intake,phenolic spacer,FTVB,etc,etc. Oh yeah,new powet slot rotors/pads. 5 BC wheels/tires(BFG g-force)One extra wheel/tire as a spare,Bassani exhaust front to back and so forth. There is more and I actually made a list(kind of long)of all the crap. I have not posted for sale yet becuase IF I do I want to be realistic form the get go and not have people think I am totally greedy. Its all good dude thats why I asked for feedback. Later.

 

Thanks for the feedback and advice Ed. Dually noted.

Russ.

 

Damn Airborne! You just got her! Bro, if you're coming to where I am, or going to that other hot spot, just go on and store it. You'll make enough extra dow, that the cost of keeping it and not driving it will be offset. You'll be glad you did upon your reunion. I've still got 2 1/2 months left, and cannot wait!!! But, if you ABSOLUTELY must sell her, strip the mods Bro! You'll get a better price on the dollar, than selling whole. And hell, I'll even take the CAI. Good Luck either way, and keep your head down!!

 

baddgene, hay brother. I have not decided anything for sure yet and I am sure once I left I would miss the s**t out of it. When I do get her out I do enjoy all the compliments I get on it and looks. For some reason my Ranger does not get the same response,lol. I by nooooo means am going to give it away if you know what I mean. Take care and I will see you around.
Oh yeah the year long gig is not playing in the sand. Uncle Sugar wants to send me to Korea in Aug,yeehaaa! I guess I could check on her during mid tour leave huh?
Russ

 

Another line of thought that is often overlooked ....

When you replace your wheels/tire with aftermarket, the valve does not increase by the amount of the aftermarket cost, but the difference between the aftermarket and stock.

Same goes for the engine and suspension mods.

Anything that you replace means that something of some level of value came off and was replaced with something of another value - higher or lower.

Sum up these differences, add that to the average retail (maybe even an average of Hemming, KBB and NADA) and that would put you more in the ballpark of a real asking price. Even then - it will be high for what the market will probably bear. These pricing guides really mean JACK. All that counts is what someone is WILLING to pay, not what the SHOULD pay.

Look the the niche buyer, it's the ONLY way to recoupe mod investments at ANY level.

Good Luck on the sale,
Herb

 

I agree with most here, return it to stock, sell your mods seperately(hell you'll get at least half of your money back for that stuff) and set the price around 24K. You really should'nt have a problem then. Anything over 30K though is just way way way to high, you'll never sell it.

 

Good info and points Herb. Thanks for the skinny man,Russ.