Do options impact long-term value/resale value?
#1
Burning Brakes
Thread Starter
Do options impact long-term value/resale value?
Guys,
I have a deposit on a 2014 GT3 but will most likely opt for a 2015 (an allocation recently became available to me). The reason I would change is so I can configure the car myself (the '14 is a dealer configuration and is waiting for the engine swap). Also, the '15 would give me the opportunity to take European delivery.
That said, what is the impact of options on the resale value of a GT3? My instincts tell me that a minimally optioned car is probably the best long term value. I don't anticipate selling the car soon, and it will be my only sports car, so I don't want to overlook the enjoyment derived getting it the way I want it. At the end of the day I'm really just curious if options will be reflected in the long-term value of the vehicle. For the most part, I am talking about interior options...partial leather vs full leather and leather accessories, as well as carbon fiber trim.
As always, thank you for your insight. Happy 4th of July!
I have a deposit on a 2014 GT3 but will most likely opt for a 2015 (an allocation recently became available to me). The reason I would change is so I can configure the car myself (the '14 is a dealer configuration and is waiting for the engine swap). Also, the '15 would give me the opportunity to take European delivery.
That said, what is the impact of options on the resale value of a GT3? My instincts tell me that a minimally optioned car is probably the best long term value. I don't anticipate selling the car soon, and it will be my only sports car, so I don't want to overlook the enjoyment derived getting it the way I want it. At the end of the day I'm really just curious if options will be reflected in the long-term value of the vehicle. For the most part, I am talking about interior options...partial leather vs full leather and leather accessories, as well as carbon fiber trim.
As always, thank you for your insight. Happy 4th of July!
#2
GT3 player par excellence
Lifetime Rennlist
Member
Lifetime Rennlist
Member
yes, I would pay u more for zero option cars
some will pay more for loaded cars
PTS usually has premium, but if u picked wrong PTS, u will own it forecer
some will pay more for loaded cars
PTS usually has premium, but if u picked wrong PTS, u will own it forecer
#4
I would say the more options you add only will entice the buyer, but the return for the seller you will see not see a return. It's like trying to sell a house with a pool, and wanting to get the value out in the sale. It's a toss up .......I never build a car with the intent to sell honestly that's the purpose to get what you want to enjoy. Good luck build it the way you like it, and drive it like you stole it!
#5
Rennlist Member
Buy the car you want with the options you want. Don't worry about resale. In the end, options usually balance out. Fro an example, Sam would not buy a car without a front lifter while I would not buy a car with one. There will always be a buyer for a car you optioned.
#6
Great perspective.
#7
Race Director
There quite a few threads on this subject if you search a bit, however, most of what was covered is summarized in what the guys already posted above.
Dealer would probably tell you to not get a car without lift, and there is widespread agreement on the fact that a well-chosen PTS color is the best value-retaining option.
Dealer would probably tell you to not get a car without lift, and there is widespread agreement on the fact that a well-chosen PTS color is the best value-retaining option.
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#8
Burning Brakes
Thread Starter
I would say the more options you add only will entice the buyer, but the return for the seller you will see not see a return. It's like trying to sell a house with a pool, and wanting to get the value out in the sale. It's a toss up .......I never build a car with the intent to sell honestly that's the purpose to get what you want to enjoy. Good luck build it the way you like it, and drive it like you stole it!
#9
Agree with the PTS. Otherwise get what you want.
#10
Nordschleife Master
i've seen this 100000x, dealers insist on this and that, so it's easier to sell. (easier for them to sell after they lowball you on trade in price)
order the car you want, and unless you order it baby crap green... it will sell... expect to maybe get 25 cents on the dollar for your chosen options.. so if you order 60k in options.. you might see 15k more for the car than a bare bones base car.
my car literally has 6k in options and 5500 of that is mexico blue paint... it's how i order my vehicles... some bitch about "no this and that" but when you have it they bitch anyways..
buy the car YOU want, and enjoy it.
order the car you want, and unless you order it baby crap green... it will sell... expect to maybe get 25 cents on the dollar for your chosen options.. so if you order 60k in options.. you might see 15k more for the car than a bare bones base car.
my car literally has 6k in options and 5500 of that is mexico blue paint... it's how i order my vehicles... some bitch about "no this and that" but when you have it they bitch anyways..
buy the car YOU want, and enjoy it.
#12
1) Dealers like to add options since they carry a higher profit margin than the base car
2) Dealers will hype options on resell but give you virtually nothing for them on trade-in
3) Don't worry about what buyers want down the road. Buyers are finicky and change their mind constantly
4) Buy the car the way you want but keep 1), 2) & 3) above in mind
2) Dealers will hype options on resell but give you virtually nothing for them on trade-in
3) Don't worry about what buyers want down the road. Buyers are finicky and change their mind constantly
4) Buy the car the way you want but keep 1), 2) & 3) above in mind
#14
If it has front axle life I'm out. Only option I won't accept! System constantly is breaking, adds front weight, and you can replace front lip for 175 bucks!