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Old 07-26-2013, 08:37 AM   #1
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UPGRADES ADD TO VALUE?

Just looked up a bike on KBB. Upgrades do not add any value to a bike. I just sold a bike with over $12K in upgrades and only got about a K over a stock low mileage bike. What's your experience?
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Old 07-26-2013, 08:47 AM   #2
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Pretty much. It's usually better to put it back as close to stock as poss (or to the point you don't care about loss), and sell the extras separately. Even insurance coverage doesn't usually allow much more for add-ons.
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Old 07-26-2013, 08:47 AM   #3
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the same.

farkles do not add value to those who have no clue.
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Old 07-26-2013, 08:50 AM   #4
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Nope. Unless its super modified, but at that point the pool of buyers is extremely reduced.
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Old 07-26-2013, 09:02 AM   #5
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You can add value to a certain point, same bike, same mileage, would you pay more for a stock bike or bike w a $1500 akra exhaust....

But 12k in adds is plain stupid, let alone thinking you're going to recoup the full amount of mods.

So like what did you add that bumped it $12k
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Old 07-26-2013, 09:06 AM   #6
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Always keep the stock parts to replace them back on the bike.
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Old 07-26-2013, 09:19 AM   #7
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Ding ding ding! Upgrades are additions "worth" intrinsic value, whats an upgrade to you might be a deficiency to me.
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Old 07-26-2013, 09:25 AM   #8
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sometimes when i look at a used bike, the things the seller values are not things I want, and in fact I am looking at spending more money to take his "up grades" off and put on the things I like... so many times up grades are not only valueless to me, they can cost me money and take away value in my mind. Lots of times I would rather buy a stock bike and do what i want to it. I agree you are likely better off to keep stock parts and put them back on the bike and sell your high dollar upgrades seperately.
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Old 07-26-2013, 09:27 AM   #9
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Old 07-26-2013, 09:39 AM   #10
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Quote:
Originally Posted by WOOSSH View Post
Just looked up a bike on KBB. Upgrades do not add any value to a bike. I just sold a bike with over $12K in upgrades and only got about a K over a stock low mileage bike. What's your experience?
Yea, you don't get that money back
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Old 07-26-2013, 09:41 AM   #11
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Quote:
Originally Posted by obed View Post
sometimes when i look at a used bike, the things the seller values are not things I want, and in fact I am looking at spending more money to take his "up grades" off and put on the things I like... so many times up grades are not only valueless to me, they can cost me money and take away value in my mind. Lots of times I would rather buy a stock bike and do what i want to it. I agree you are likely better off to keep stock parts and put them back on the bike and sell your high dollar upgrades seperately.
I just went through this myself, had to take part of last weekend to remove addons I didn't like at all...

But one thing I did appreciate were the performance upgrades the previous owner got, like power commander, aftermarket exhaust and intake as well as a better mapping. I didn't pay a premium for them, but definitely helped with making a decision in the end
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Old 07-26-2013, 10:29 AM   #12
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Quote:
Originally Posted by RACER X View Post
You can add value to a certain point, same bike, same mileage, would you pay more for a stock bike or bike w a $1500 akra exhaust....

But 12k in adds is plain stupid, let alone thinking you're going to recoup the full amount of mods.

So like what did you add that bumped it $12k
This.

Quality add-ons add value for me as a buyer. As far as selling goes- it's a toss up. I generally advertise it with all upgrades and if it doesnt move start taking them off.

PS- pretty sure this was the R1 with the 50000mm rear tire and SS swingarm.

I would have absolutely taken that off and sold it separate.

The wilder the modifications the less likely they are to add to value
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Old 07-26-2013, 10:31 AM   #13
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And as far as buying an upgrade and selling your stock part to re-coup some costs, thats the worst thing you can do, All my stock parts that are changed are kept with the bike because i intend to sell the bike as i got it, stock, and when looking at a bike thats not stock it always worries me about how that part was installed.

If you sell the stock part to re-coup costs it ends up costing you more in the end, because you can always turn that aftermarket accessory around for a little less than what you paid for it...by itself, but when its on the bike, its merely the part that replaces the part that was supposed to be there...see what im saying, you wouldnt sell the bike without an exhaust so it might as well be the stock'er cause you aint gettin more money for it just cause its aftermarket...
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Old 07-26-2013, 10:32 AM   #14
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Just checked your for sale thread-

You could have recoup'd 4k+ easy if you;d had stock parts to swap out. It's an expensive lesson.
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Old 07-26-2013, 11:00 AM   #15
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Quote:
Originally Posted by 90degree View Post
Ding ding ding! Upgrades are additions "worth" intrinsic value, whats an upgrade to you might be a deficiency to me.
Exactly. They are worth as much as the buyer wants them to be worth.
Some won't pay any extra, as it "runs just like a stocker"... others will pay THOUSANDS EXTRA for the mods plus the labor to install and the thought process that completed the bike. They are buying a "complete package".

I'm a realist... I know I'm gonna buy an exhaust, turn signals, ... so I take that into account. Little I don't care about... I won't pay any extra for (unless I think I can sell them to offset the higher sale price).

90degree also addressed this....
I don't trust other's mechanic skills... if I think you MIGHT have botched the wiring installing your signals... I don't want them. I want the OEM plugs on the harness and it non-molested. If it looks like your "custom paint" may start to flake or scratch easily? Nope... walk away or deduct money.
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Old 07-26-2013, 11:02 AM   #16
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Yes, that was the bike. I bought it with the add-ons, and paid just about what a stock bike would cost. There is a learning curve to be sure. Did not get ant other parts in the deal.

Progressive will pay some for upgrades if you have proof of cost and pics, or should I say "Sometimes?"

I do think upgrade exhaust and PC would make the sale a little easier, compared to a stock bike.
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Old 07-26-2013, 11:09 AM   #17
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You can get your bike insured for more, just have to tell them and cost and pay more ins $
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Old 07-26-2013, 11:58 AM   #18
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Usually true. Like many said it depends on the "upgrades". A nice exhaust could add a few hundred (if it costs you 1200 don't expect to recoup that though.) It depends on who the buyer is. It's usually always better to go back to stock and sell.

But yeah if you spend 12k on "upgrades" you ain't never getting that back out.
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Old 07-26-2013, 12:02 PM   #19
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buying a bike or a car is never an investment.
They continue to depreciate over time.
Adding 'upgrades' is a relative proposition, as many will not care about the upgrades and you end up losing money when you sell with them. Better off to take upgrades out and sell off separately, returning bike to stock.
Also, those buying a bike/car, are just as likely to want the upgrades but in any negotiations will just say they dont care about them, leaving you with the cost of upgrading anyway.
Stock is good. Upgrading is your decision but dont expect to increase value of your bike especially if you end up keeping it for a while after the upgrades.
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Old 07-26-2013, 12:22 PM   #20
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