Trade-In Value - Stock vs. Non-Stock

**MM2000GTS** · 08-24-2005, 11:49 AM

OK, so I'm planning to eventually get rid of the GT-S for a 4-door vehicle. I haven't decided which yet, but some thoughts in the "slightly used" market are: Acura 3.2TL Type-S, Acura TSX, Nissan Altima 3.5SE, Subaru WRX, etc.

What are people's thoughts, especially from those who have done it, regarding a trade-in? Should I return the car back to stock, and sell all of the parts (lots of work to do)? Or trade it in with the mods still on? I'm guessing a return to stock is best. My most notable mods are:

Blitz short ram intake
HKS exhaust
Progress springs
Koni yellow shocks (likely to leave them on the car, since the front were just inserts into the stock shocks)
TRD shortshifter
BSA 264 18" rims
TRD front lip
1D0 Silver painted stock side skirts
APC clear corners
S2K antenna
Toyota winter floormats
Extra set of brand-new carpet floormats
APC upper front strut bar
Rear 2-point "5di" upper strut bar
15" steelies for winter with good Michelin winter tires

I've still got ALL of the stock stuff that these things replaced. I'm thinking that when I go to look at a new car, and bring the GT-S for "review" as a trade-in, I should have all of this stuff gone, so they don't think I've been beating on the car (which I haven't, but hey, appearances matter).

What do you guys think? Any other thoughts/options?

**Burrcold** · 08-24-2005, 11:52 AM

1) Return it to stock

2) Sell it privately (unless they give you a decent trade in and the tax savings offset the higher private sale yield)

3)Buy a TSX. *You can get one used for 2x,000 Km's and they are beautiful cars.

All my opinion though :D

**Ratko** · 08-24-2005, 11:52 AM

I'd take it back to stock. You have all the parts, and nothing looks extremely difficult. Some stuff I would just leave on the car, like the trd lip, clear corners, s2k antenna, floormats, etc... just put the engine and suspension back to stock and sell the aftermarket wheels, in my opinion.

**MM2000GTS** · 08-24-2005, 11:56 AM

Quote:

Originally Posted by Burrcold

1) Return it to stock

2) Sell it privately (unless they give you a decent trade in and the tax savings offset the higher private sale yield)

3)Buy a TSX. *You can get one used for 2x,000 Km's and they are beautiful cars.

All my opinion though :D

Thanks for the advice. As for the private sale, which tax do you save? The federal (8%) or the provincial (7%)? I'm leaning towards a trade-in because I'm too lazy to have to time the sale and purchase to avoid a gap without a vehicle......

Any thoughts on the Koni's? I don't really have stock replacements, particularly for the fronts. Should I just leave them on, and only remove the springs? Or are stock front shocks easy/cheap to locate?

**supercarman** · 08-24-2005, 11:57 AM

you pay 7% tax on a private sale.

as for the koni's, do a swap with someone for their stock parts plus cash on their side.

**MM2000GTS** · 08-24-2005, 11:59 AM

Quote:

Originally Posted by supercarman

you pay 7% tax on a private sale.

as for the koni's, do a swap with someone for their stock parts plus cash on their side.

Good idea. Thanks.

**Burrcold** · 08-24-2005, 12:05 PM

what I meant by tax savings is that if you turn the car over to a dealer (most likely for wholesale price) you can deduct the sale of your celica to them with the sale of the new vehicle to you. Example: You purchase a car from the dealer for $25,000, and they give you say $12,500 on trade-in on your celica. You then only pay 15% tax on $12,500 ($1875) rather then on the full $25,000 ($3750).

So the difference in tax savings, plus the trade in value (in this case would be $12,500 + $1875 = $14,375) is close to what you would get for it privately then go with the trade in. One point to mention. Negociate the price of the car first and don't say a thing about a trade in. Tell them once you have your price set for the new car and then bust out the "oh and by the way I need to trade my car in.." they will be giving you wholesale price regardless so it won't matter.

**MM2000GTS** · 08-24-2005, 12:08 PM

Quote:

Originally Posted by Burrcold

Tell them once you have your price set for the new car and then bust out the "oh and by the way I need to trade my car in.." they will be giving you wholesale price regardless so it won't matter.

Yeah, that's what I do. We pulled that move when buying my wife's vehicle, after about 1 hour of negotiating to the "purchase price" of the new vehicle. The sales guy's jaw dropped when I said it. It was funny. Then we continued for another 1.5 hours......lots of fun.....but got the price we wanted.

08-24-2005, 11:49 AM	#1 (permalink)
MM2000GTS Location: Mississauga Posts: 539 Join Date: Oct 2003 Last On: 01-16-2007 11:05 AM	Trade-In Value - Stock vs. Non-Stock OK, so I'm planning to eventually get rid of the GT-S for a 4-door vehicle. I haven't decided which yet, but some thoughts in the "slightly used" market are: Acura 3.2TL Type-S, Acura TSX, Nissan Altima 3.5SE, Subaru WRX, etc. What are people's thoughts, especially from those who have done it, regarding a trade-in? Should I return the car back to stock, and sell all of the parts (lots of work to do)? Or trade it in with the mods still on? I'm guessing a return to stock is best. My most notable mods are: Blitz short ram intake HKS exhaust Progress springs Koni yellow shocks (likely to leave them on the car, since the front were just inserts into the stock shocks) TRD shortshifter BSA 264 18" rims TRD front lip 1D0 Silver painted stock side skirts APC clear corners S2K antenna Toyota winter floormats Extra set of brand-new carpet floormats APC upper front strut bar Rear 2-point "5di" upper strut bar 15" steelies for winter with good Michelin winter tires I've still got ALL of the stock stuff that these things replaced. I'm thinking that when I go to look at a new car, and bring the GT-S for "review" as a trade-in, I should have all of this stuff gone, so they don't think I've been beating on the car (which I haven't, but hey, appearances matter). What do you guys think? Any other thoughts/options?

08-24-2005, 11:52 AM	#2 (permalink)
Burrcold Location: Toronto Posts: 6,414 Join Date: Oct 2003 Last On: Yesterday 08:11 PM Vehicle: 08 Lexus IS250 2nd Vehicle: 08 Acura CSX	1) Return it to stock 2) Sell it privately (unless they give you a decent trade in and the tax savings offset the higher private sale yield) 3)Buy a TSX. *You can get one used for 2x,000 Km's and they are beautiful cars. All my opinion though :D __________________

08-24-2005, 11:57 AM	#5 (permalink)
supercarman Location: Mississauga Posts: 967 Join Date: Oct 2003 Last On: 06-11-2008 12:12 PM	you pay 7% tax on a private sale. as for the koni's, do a swap with someone for their stock parts plus cash on their side. __________________ Proffesional Slacker.

08-24-2005, 12:05 PM	#7 (permalink)
Burrcold Location: Toronto Posts: 6,414 Join Date: Oct 2003 Last On: Yesterday 08:11 PM Vehicle: 08 Lexus IS250 2nd Vehicle: 08 Acura CSX	what I meant by tax savings is that if you turn the car over to a dealer (most likely for wholesale price) you can deduct the sale of your celica to them with the sale of the new vehicle to you. Example: You purchase a car from the dealer for $25,000, and they give you say $12,500 on trade-in on your celica. You then only pay 15% tax on $12,500 ($1875) rather then on the full $25,000 ($3750). So the difference in tax savings, plus the trade in value (in this case would be $12,500 + $1875 = $14,375) is close to what you would get for it privately then go with the trade in. One point to mention. Negociate the price of the car first and don't say a thing about a trade in. Tell them once you have your price set for the new car and then bust out the "oh and by the way I need to trade my car in.." they will be giving you wholesale price regardless so it won't matter. __________________

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08-24-2005, 11:52 AM	#3 (permalink)
Ratko it was all a dream Location: Toronto, Canada Posts: 9,863,211 Join Date: Oct 2003 Last On: 09-25-2008 11:05 PM Vehicle: 91 MR2 Turbo 2nd Vehicle: 96 Civic Hatch	I'd take it back to stock. You have all the parts, and nothing looks extremely difficult. Some stuff I would just leave on the car, like the trd lip, clear corners, s2k antenna, floormats, etc... just put the engine and suspension back to stock and sell the aftermarket wheels, in my opinion.