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Stuno1

Komotec and car values

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I know you don't buy a car for subsequent owners but no one wants to massively devalue their car. I guess I know the answer to my question but will ask for views all the same. Would a komotec modification devalue the evora? I can understand it may limit the market more but would the car due to the fact it has been modified but would it put people off? It's a well known tuner for the evora and not some pony back street tuning shop.

Stu

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What does it do to the insurance costs? My modified Celica costs me more to insure than my Evora, despite being much slower and worth almost nothing.

IMHO convincing yourself that your mods are safe and necessary is much easier than convincing potential future buyers.

And sadly IMHO it is always going to pay better to demod and sell the car plus mods separately than to sell the car intact.

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In my experience, the doubts you are having on resale values would also be felt by a prospective buyer.  

 

Having fettled various minis and MINIs over the years, I ended up de-modding them as Gravel described.

 

I certainly "lost" money on the mods I made or had done - but can you put a value on the big shit eating grins they gave me whilst I had them installed?  NO!

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I think I probably did things the most expensive way, having bought my Celica new and then modding it the second the warranty expired.

With the benefit of hindsight if/when I feel the need for a faster Evora I'd probably sell my current nice one, buy one with 60K on the clock and use the difference to modify.

But it would then become another project car and that's not something I wanted this time round.

I can't help wondering why 430BHP would be enough - Ford get 600 from their 3.5 in the new GT

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All pretty much my experience. 430 bhp in an evira would be epic though!

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A few more mods => worthless car posts in here and you should be able to pick up that Komo'ed GTE for 20K ;)

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A few more mods => worthless car posts in here and you should be able to pick up that Komo'ed GTE for 20K ;)

 

Curses!  You've seen through my master plan!

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Curses! You've seen through my master plan!

As long as you also fit the turbos from the other thread I wont hold it against you!

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I ride now 30000 KM with the Komotec upgrade and I love it. Its absolutely worth, the car isnt the same (also in terms of consumption) If it is a devaluation depends on who is buying it later. Somebody who loves it too, would appreciate, a purist not. In general: all modifications you do are "lost" in case of a sale. But I did it not for worth, but for my own fun. 

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The general rule is you don't see a penny back for mods, in most cases you do devalue the car too. Heavily modded Skyline GTRs can ask big prices if done by a respected tuner but some of the engine work on the more extreme examples is getting up to around £100k and the asking prices are more like £50k!

 

I'm sure there are buyers out there who would consider Komotec mods a plus but you are narrowing the pool of potential buyers and even they won't pay a penny extra for the work you have done. There must be some exquisitely high-spec japanese components out there for the Toyota V6 though, I wouldn't mind having a few HKS bits on my car. The quality of the best japanese tuning parts far exceeds the original stuff. Not sure about Komotec, I know the German TUV standards are also high but I'd need to drive one of their cars first.

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Does this also apply to simpler mods like 2bular exhaust, ECU re-map and stuff like interior re-trim / diflow difuser / GTE wing etc?

 

Just curious as to when "acceptable desirable" (it seems that a lot of people fit aftermarket exhaust systems like 2bular and Larini etc) becomes "unacceptable unwanted" if you get my drift.

 

Is it when you start to "add" stuff to the engine to drive significant performance gains (e.g. intercoolers, turbo's,s/c's etc?)

 

Just asking becuase I have never modd'ed a car before so genuinely have no idea / clue.


Alcohol. Sex. Tobacco. Drugs. Chocolate.  Meh! NOTHING in this world is as addictive as an Evora +0. It's not for babies!        

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Does this also apply to simpler mods like 2bular exhaust, ECU re-map and stuff like interior re-trim / diflow difuser / GTE wing etc?

 

Just curious as to when "acceptable desirable" (it seems that a lot of people fit aftermarket exhaust systems like 2bular and Larini etc) becomes "unacceptable unwanted" if you get my drift.

 

Is it when you start to "add" stuff to the engine to drive significant performance gains (e.g. intercoolers, turbo's,s/c's etc?)

 

Just asking becuase I have never modd'ed a car before so genuinely have no idea / clue.

IMHO, once you start to modify it, it becomes your car, rather than just another Evora in whatever colour. Part of me thinks that if I'm going to have to live with the potential pitfalls of modding (e.g. higher insurance/more specialist policies) that I want to be the one chosing the mods in the first place. The more individual you make your car, the smaller the resale market - plus when you go to meets etc, other owners will say 'oh yeah, that's Fred's old car' etc...

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As above, the more individual you make it the smaller the re-sale market becomes. On a car like this it is important to use a well regarded company when moding as why own a car like this and then skimp on poor quality mods?? As long as the mods are subtle and done by good companies most likely it won't devalue a lot. Exhausts, intakes, wheels, wings are all possible to make stock again and the parts sold after returning the car to sock to get as much of the money back as you can. I never expect to get money back on mods but wouldn't want to harm the value of my car either. Tunes, sc pully kits, custom paint etc all devalue a car in my experience.

Stu

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Does that apply to adding the black sports racer look too?


Alcohol. Sex. Tobacco. Drugs. Chocolate.  Meh! NOTHING in this world is as addictive as an Evora +0. It's not for babies!        

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Depends. Personally I don't like wraps and so would avoid a car with a wrap if an alternative was available. If it's painted I would wonder if the owner had a proper job done so yes I guess it may well do.

Stu

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It would be foolhardy to believe that modifying the car will increase value, but if done right by a renowned professional like Komotec it also won't diminish the car's value. 

 

But it will likely improve your enjoyment while driving. 


If you have the choice between a Stairway to Heaven and a Highway to Hell don't forget the Nomex®!

Captain,  Lotus Airways. We fly lower! 

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It would be foolhardy to believe that modifying the car will increase value, but if done right by a renowned professional like Komotec it also won't diminish the car's value. 

 

But it will likely improve your enjoyment while driving.

This is my question. Even with a company like komotec I don't think the car will be the same value of a similar age, spec, mileage etc example?

Stu

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This is my question. Even with a company like komotec I don't think the car will be the same value of a similar age, spec, mileage etc example?

Stu

It says "I drive VERY fast" and have wringed every last bit of performance out of it, probably.

It wouldn't bother me personally as long as all the consumables (Clutch, Disks/Pads, Shocks) had been replaced and I'd have the ECU read.. If it's been abused that would show up and you walk away. Every redline neatly date stamped

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That's the point really. Definitely limits buyers market.

Stu

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Given how nervous people on here seem to be about putting 10K miles a year on Toyota mechanicals designed to do way more than that, I really don't think you should worry about depreciation too much - people will always find something to haggle hard over!

As someone crudely put it - you wouldn't hold off sex with your current partner to make them more attractive to their next one, so why hold off enjoying your car?

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That's the point really. Definitely limits buyers market.

Definitely.

Even buyers who intend to modify their car would often prefer to buy a 'stock' vehicle in the first place.

Although this is not always the case. The CSL that I bought already had coilovers, AP brakes all round and a full Supersprint exhaust system. I loved it and so did the gent who bought it off me.

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It's probably worth remembering though that there are only about 40-50 listed for sale at the moment. It's not like buyers could choose between two identical cars, one with and one without mods at the same price point. If you end up taking 10% off the value of your car in 3 years time, you'll probably find there are more buyers at the slightly lower price point.

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Haha, excellent. Ive done 10k a year and a few trackdays... That V6 Toyota is awesome.

If I bought another Evora the plan would be a 2012 SR with Komotec conversion. A friend of a friend has one in his V6 Exige S... Just unbelievable, it makes you wonder why more people don't do it.

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Seems the most the average punter is willing to accept in terms of modification is a new exhaust. Anything else is seen as negative. To be honest, komotec seems the way to go for bang for buck and reputation.

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Does that apply to adding the black sports racer look too?

IMHO I don't think so as far as the SR look is concerned done either way.  If a wrap it comes off if you don't like the look and the rest of the car fits the bill when buying.  I had mine professionally painted by a body shop and you would not know a factory job so again I don't think so  -as long as you like the SR look when buying.  Not that expensive to change back again if the rest of the car is what you are looking for.  As mine is in one of the factory option coloured cars again probably doesn't make any difference.  However granted it doesn't have all the SR extras although externally I have all the correct trim and badges. 

 

Of course none of this has anything to do with performance so maybe doesn't mean as much as some of the very valid posts above that would have me wondering if I was buying.


A LEGS man and proud to declare it! Lotus Enthusiasts Group Scotland

Autocar's Best UK Drivers Car 2009. Car's Performance Car of the Year 2009; Evo's Car of the Year 2009. Top Gear Sports Car of the Year 2009

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