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After market mods impact on resale pricing?

Discussion in 'Ferrari Discussion (not model specific)' started by JohnInCincinnati, Jan 17, 2020.

  1. JohnInCincinnati

    Oct 21, 2018
    4
    Cincinnati, OH
    Full Name:
    John Fidder
    I'm considering buying a 458 - it checks almost all my boxes but doesn't have a backup camera. That's a biggie for me - the car sits low, I have a bunch of kids, and visibility isn't ideal. I've found a local reputable shop who can install one and integrate with the infotainment system. But how does a project like that impact resale? Does the value go UP because it now has an added option? Or DOWN because somebody other than Ferrari messed with wiring? Thoughts?
     
  2. Carnut

    Carnut F1 Rookie
    Rossa Subscribed

    Nov 3, 2003
    3,608
    Gladwyne PA
    Full Name:
    Morrie
    I doubt a backup camera would cause anyone to not buy your car, but there is a company (used to called Pearl) that came a wireless backup camera that uses your phone as a monitor. It does work, I had one on one of my cars for a while.
     
  3. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    12,009
    no one cares...its not an f40...
     
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  4. Stevenb

    Stevenb F1 Rookie

    Aug 5, 2012
    2,665
    Los Angeles
    Full Name:
    Steven
    Small changes like that, if done well shouldn’t get noticed by next owner. Stuff like body kits, ecu work, exhaust etc will hurt value down the road
     
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  5. Auraraptor

    Auraraptor F1 World Champ
    Owner Lifetime Rossa

    Sep 25, 2002
    11,034
    MO
    Exhaust does not hurt value as long as no cutting / reversible and you keep the oem.
     
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  6. NbyNW

    NbyNW F1 Rookie
    Rossa Subscribed

    What color is it? GLWS.
    This pretty much sums it up.
     
  7. obbob

    obbob Formula Junior

    Aug 14, 2017
    682
    Small mods like a back up camera will not overtly impact value for non-collector cars.
    Large, invasive mods like audio systems will hurt value on all models, new and old.
    Mods of any sort that isn't considered restoration will hurt the value of a collector car.

    But if you're seriously stressing over a resale value adjustment of +-$1000 on a $180K-$200K car, are you really ready for the ownership costs?
     
    Texas Forever likes this.
  8. JeremyE30

    JeremyE30 Rookie
    Silver Subscribed

    Jun 12, 2013
    43
    GA
    Full Name:
    Jeremy
    Go for it. It should not affect the value that much.
     
  9. tbakowsky

    tbakowsky F1 World Champ
    Professional Ferrari Technician Consultant

    Sep 18, 2002
    14,826
    The Cold North
    Full Name:
    Tom
    Zero effect on value. As long as the install is clean and non disruptive to the factory harness. Either way the 458 is a cookie cutter car. It will fall in price regardless of what you do to it. Customize to your taste and enjoy it.
     
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  10. Rossocorsa1

    Rossocorsa1 F1 Rookie

    May 14, 2017
    3,821
    As long as it’s easily reversible, you’re fine.
     
  11. Texas Forever

    Texas Forever Four Time F1 World Champ
    Rossa Subscribed

    Apr 28, 2003
    41,328
    Texas!
    A wise car guy told me a lot time ago to only buy original cars. Odds are any mods just ****ed up the car. Now, this does not extend to things you can’t see like retro fitting electronic ignition. But, even then, keep the original parts!





    Sent from my iPhone using FerrariChat.com mobile app
     
  12. vrsurgeon

    vrsurgeon F1 World Champ
    Silver Subscribed

    Dec 13, 2009
    13,191
    Charleston, SC
    Full Name:
    Curt
    If they don't screw up the wiring then go for it. The amount of crap that I pulled out of mine that was twisted together and then electrical taped was amazing. I'm convinced that 90% of the running issues from modern cars comes from screwing up the electrical system and the interference caused (CAN bus check engine lights, etc). Keep it as stock as possible to meet your needs not only for resale but also from a reliability standpoint.
     
    Texas Forever likes this.
  13. ginoBBi512

    ginoBBi512 Formula Junior

    Oct 9, 2016
    271
    Put whatever mods that you fancy, why care about the resale, thats not the point of owning a Ferrari. If one is worried about re sale, one should , in my estimation not bother with Ferrari. I have done a fair amount of customization , my 328 has a Tubi and test pipe, a powered sub woofer behind the passenger seat, I have these beautiful CNC press fit exhaust tip extenders, a nice aluminum CNC milled 328 GTS plate on the airbox. Steel braided air hoses with red anodized fittings. I took out and sold the spare donut, and made a nice shelf for the power amplifier and battery tender and a XM receiver next to the head unit. I made my car personal to me , same with my motorcycles. I think you will enjoy and have even a greater sense of ownership with whatever you do with your Ferrari. Dont let your concern about re sale ruin your Ferrari experience.

    Thank you
     

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