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Old 08-31-2014, 09:54 PM   #1
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Default Trade in value for modded trucks

This might have been discussed before but I could not find it. I apologize if this is repetitive. I am getting a company truck ( new f150 ) that is ok'd for personal use. So I am looking to sell mine. Do dealers deduct for mods like wheels, leveling kits, toppers etc? I am referencing dealers because a few around San Antonio advertise they will buy mine even if I do not buy theirs. And I would rather take a buttwhoopin than deal with the hassles of c-list. I am ok with taking the mods off but want to get the most for my truck. Thanks in advance.
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Old 08-31-2014, 10:02 PM   #2
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The best thing you could do to get a premium price for your truck is to find a private buyer that's really into the mods you've done. You'll get good money and they'll be happy.

Any of those places that "buy yours even if you don't buy ours" are going to give you pennies on the dollar.

If you sell to a dealer you're better off returning the truck to stock and selling off the parts.
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Old 08-31-2014, 10:03 PM   #3
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On one of my old heavily modded trucks the dealership wasn't giving me much of anything for the mods. I ended up trading it in with just the lift kit and the 33's. Everything else that I could strip off and return to aftermarket I did. Made out better selling all the used aftermarket parts to other truck owners.

That was just one experience but from dealing with a lot of dealerships on trade ins they never seem to give you as much as you want and they don't normally take into account those upgrades you did yourself.
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Old 08-31-2014, 10:06 PM   #4
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all depends. when i traded my lifted titan in, the dealer gave me more because it had the "wow factor" as he put it. this is also because i was buying a 35k truck from him… i assume if your not buying one with the trade in they'll be a little less willing to give you more money. i've heard of some dealers also saying its "aftermarket and they can't warranty it, so it has to be removed on their dime" so in turn, giving you less. a salesman is a salesman though so it couldn't hurt to go talk to them, and know when your getting screwed and walk. just my .02.
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Old 08-31-2014, 10:30 PM   #5
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Quote:
Originally Posted by Sweatmachine View Post
The best thing you could do to get a premium price for your truck is to find a private buyer that's really into the mods you've done. You'll get good money and they'll be happy.

Any of those places that "buy yours even if you don't buy ours" are going to give you pennies on the dollar.

If you sell to a dealer you're better off returning the truck to stock and selling off the parts.
I agree 100%

Top tier branded mods with top notch installs are going to give a better impression compared to average/budget brands installed in a driveway boogered together. This is obvious.

Selling to a dealership, they'll argue about how they cant offer a warranty on the non-ford parts, turning some people off. Theres dealerships Ive seen that'll buy the truck dirt cheap and turn it around to sell as a turn key upgraded truck with a premium price because "itll save you the time of modding it yourself."

Ive read lots of articles on resale value, and the ONLY way you'll get decent return on your mods is to sell private party to someone who loves the mods and you can chat with to prove it's dependable etc.

I did that with my previous sports car with engine, suspension, braking and cosmetic mods. I didnt get full value of the aftermarket parts, but I got a great price because it was upgraded with increased functionality. The qualities the buyer wanted in my car were enhanced with my mods, making it more appealing than a bone stock car.

If youre selling to a dealership, part it out and bring it to them as stock as possible. If you dont want the hassle of stripping the parts off and dont want to get up the by a dealer, sell private party to someone who wants a modded truck like yours.


Jalopnik, a very popular site, had a good article on the subject

http://jalopnik.com/sorry-folks-modi...s-v-1621595096

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Old 09-01-2014, 12:03 AM   #6
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I'm in a different part of Texas. But most around here would be happy to have it lifted with bigger wheels on it. The only mods they don't care for are the ones that aren't widely popular that can't be easily changed. I've had a company truck for many year. There was only a short period of time that I didn't have my own reliable truck. I went out immediately and bought my new F150. It's you're business, do what you want to. I wouldn't be without my own vehicle in the event something goes bad with the employer, never know. I most certainly wouldn't take a loss.
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Old 09-01-2014, 09:58 AM   #7
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Quote:
Originally Posted by Sweatmachine View Post
The best thing you could do to get a premium price for your truck is to find a private buyer that's really into the mods you've done. You'll get good money and they'll be happy.

Any of those places that "buy yours even if you don't buy ours" are going to give you pennies on the dollar.

If you sell to a dealer you're better off returning the truck to stock and selling off the parts.
This. Take the time and find the right buyer.
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Old 09-01-2014, 10:18 AM   #8
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I'd sell private. If your near San Antonio, shouldn't be too hard to find a buyer. Million oilfield guys around here buying trucks
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Old 09-01-2014, 03:53 PM   #9
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Regardless of what the dealer says, they're offering you a price no greater than if the mods weren't there. At worst it's more work for them to sell/fix it. At best it just turns off some customers. A guy who wants a lift kit will buy a truck without it and add it. A guy who wants a stock truck won't buy a lifted one.

Is there someone out there who wants your mods? Probably, so the best price will be had selling your truck directly to him. Or pull them off and sell them piecemeal. There's no scenario where you come out ahead by choosing to sell a modded truck to the dealer other than just wanting quick (less) cash.
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Old 09-01-2014, 04:15 PM   #10
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I'm totally going to sound like my old man but...

You should only spend on mods what you are willing to throw away. The more 'custom' a vehicle becomes the smaller the audience that will be interested in it.

My truck is a spectacular example of wasted money - however, I am fortunate in that I am not dependent upon getting any money out of the truck so it's moot.

As a rule (in my head anyway) if you want to 'play it safe', never spend more in mods than whatever amount you can get in discounts.

Example: avg price for the vehicle you are looking at is 30k, you talk 'em down to say 25k. That means you have 5k to play with. This way you aren't over leveraged - real value vs dollars spent.
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