will color change effect long term value?
10-10-2015, 04:46 AM
#1
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will color change effect long term value?
hi
i'm planning on moving from grand prix white to Minerva blue. that will be the only change i'm planning so will it effect the cars value in the future?
i'm planning on moving from grand prix white to Minerva blue. that will be the only change i'm planning so will it effect the cars value in the future?
10-10-2015, 06:33 AM
#2
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I think that a color change is more likely to affect the saleability and the size of the buyer pool that the actual price.
So if we're talking about an ultra-low-mileage "collection car", a color change may lower the value or simply knock it out of contention as a collection car.
As a driver car, I don't think a color change will have a clear effect on the value because the car would have great paint (a big plus) as well as a non-original color (a bit of a minus). That said, some people, myself among them, do not like looking at a blue car with a white engine bay (meaning, easily seeing the original color poking out here and there), so I would simply pass. The loss of some buyers from the pool certainly affects the saleability, and possibly the price. All that assumes that the work was done well, which is hardly a safe assumption...
Repainting a car, even in the original color, becomes a very slippery slope, and right quickly. Brand-new fresh paint next to old, greying, tired window gaskets and beat-up trim pieces looks incongruous and off, so to do it right, you end up replacing a bunch of other parts in the process. I've heard 928 trim doesn't give up its grip without a fight, so generally needs to be replaced regardless of its appearance (although I have not had any direct experience with that).
Rob Seigel, "The Hack Mechanic" from BMW CCA, has a great chapter about the slippery slope of repainting a car in his book, and how he beat the odds, did it right (by doing much of the prep work himself, and didn't end up underwater. We 928 owners of a certain age know that the worst thing for a 928 is to end up undwerwater ("Who's the U-boat commander?")
So if we're talking about an ultra-low-mileage "collection car", a color change may lower the value or simply knock it out of contention as a collection car.
As a driver car, I don't think a color change will have a clear effect on the value because the car would have great paint (a big plus) as well as a non-original color (a bit of a minus). That said, some people, myself among them, do not like looking at a blue car with a white engine bay (meaning, easily seeing the original color poking out here and there), so I would simply pass. The loss of some buyers from the pool certainly affects the saleability, and possibly the price. All that assumes that the work was done well, which is hardly a safe assumption...
Repainting a car, even in the original color, becomes a very slippery slope, and right quickly. Brand-new fresh paint next to old, greying, tired window gaskets and beat-up trim pieces looks incongruous and off, so to do it right, you end up replacing a bunch of other parts in the process. I've heard 928 trim doesn't give up its grip without a fight, so generally needs to be replaced regardless of its appearance (although I have not had any direct experience with that).
Rob Seigel, "The Hack Mechanic" from BMW CCA, has a great chapter about the slippery slope of repainting a car in his book, and how he beat the odds, did it right (by doing much of the prep work himself, and didn't end up underwater. We 928 owners of a certain age know that the worst thing for a 928 is to end up undwerwater ("Who's the U-boat commander?")
10-10-2015, 07:24 AM
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Color change
It has 58 k original miles. Not documented. I'm the
2nd owner. Is that consider collector car? If done right moving to much more rare color that was infact offered by porsche till 82 (mine is 83) will gain value in the future Considering the fact that the 928 isn't so rare.
2nd owner. Is that consider collector car? If done right moving to much more rare color that was infact offered by porsche till 82 (mine is 83) will gain value in the future Considering the fact that the 928 isn't so rare.
10-10-2015, 07:58 AM
#4
Rennlist Member
Serious collectors generally want 4-figure mileage, and 5-figure mileage only if the first figure is a 1, and fully documented from the point-of-sale onward. Yours sounds to me like it does not really fit that category. I say it's a driver, but I'm just "some guy on the forums".
Regular people buying 928s to drive and enjoy have more practical concerns than color authenticity or correct-for-the-model-year color choices. We're not talking about Mopar muscle cars here - rare colors and options are valuable to differentiate a particular car from the 78,000 others they built that year. They didn't build 78,000 928s over the entire run, so rarity of color or options will not have the same effect as they do in more mass-produced models.
So if you go with an attractive and rare color, that may help its appeal and therefore value, but an unattractive color will likely be a hard sell regardless of rarity.
Speaking of practicality, a sub-20k mile/30+ year old 928 will not be reliable (and therefore not practical) until it's been through a few years of driving failures and repairs and sorting in order to get it used to regular exercise.
Regular people buying 928s to drive and enjoy have more practical concerns than color authenticity or correct-for-the-model-year color choices. We're not talking about Mopar muscle cars here - rare colors and options are valuable to differentiate a particular car from the 78,000 others they built that year. They didn't build 78,000 928s over the entire run, so rarity of color or options will not have the same effect as they do in more mass-produced models.
So if you go with an attractive and rare color, that may help its appeal and therefore value, but an unattractive color will likely be a hard sell regardless of rarity.
Speaking of practicality, a sub-20k mile/30+ year old 928 will not be reliable (and therefore not practical) until it's been through a few years of driving failures and repairs and sorting in order to get it used to regular exercise.
10-10-2015, 09:34 AM
#7
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..., thank,s. Interior is dark blue leather, with a lighter blue herringbone cloth insert.., dash top is the same dark blue leather, ( no cracks this side of the pond) 
BTW..., hatch lid was,nt closed in that shot, just if you were wondering about the gap.
BTW..., hatch lid was,nt closed in that shot, just if you were wondering about the gap.
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10-10-2015, 11:55 AM
#9
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As a driver car, new paint will give you an easier sale down the road. Not sure it will help "value" wise but a buyer will be happy that it has good paint and won't be able to negotiate down in that department. I don't think it will increase/decrease the value significantly. but it will look so sweet with new paint. Especially in the color that you like.
As long as you don't paint it bright orange or fuschia, I think you will be ok on the value side! LOL
As long as you don't paint it bright orange or fuschia, I think you will be ok on the value side! LOL
10-10-2015, 12:08 PM
#11
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Changed the color on a previously owned 94 GTS from black to Minerva Blue and no regrets. New owner & his son pulling away. https://www.youtube.com/watch?v=O4Pw...ature=youtu.be T
10-10-2015, 06:46 PM
#13
Racer
Changed the color on a previously owned 94 GTS from black to Minerva Blue and no regrets. New owner & his son pulling away. https://www.youtube.com/watch?v=O4Pw...ature=youtu.be T
10-10-2015, 07:55 PM
#15
Rennlist Member
How MUCH depends how much detail is spent making it look like it was the original colour.
Just my opinion...that as time goes on, as decently sorted and clean 928 will attract more and more "serious" buyers, and limit your buyer pool by doing this.
And..also just my opinion, you could buy the car in the color you want cheaper than a GOOD respray change in color.
Hope it works out for ya..either way.