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Indiana Drew
Expert
Date registered: Feb 2007
Location: Houston Tx
Vehicle(s): 2002 G500 LWB, 1980 280GE SWB (Sold), S500
Posts: 2223
| Added Value
As I am considering placing my "02 truck for sale, I'm wondering how things like Rockmeister Sliders, spring spacers, 33" tires and a Dyanvin "factory fit" head unit should considered when pricing. To dispense with the obvious - to someone who just gets groceries, there is little utility and therefore value, no different than if I just traded the truck. At the same time, I doubt it is reasonable to expect to break even on said improvement ... Of course I could remove the sliders, but the rest of the items would cost more to remove than leaving them in place.
Thoughts? (We must not have any sort of transaction discussion here as it is not the place for that - thank you!)
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J.R.
Elite Veteran
Date registered: Apr 2006
Location: Southern Maryland
Vehicle(s): 00 G500, 09 911 4S, 11 Cayenne S, 86 280GE (sold)
Posts: 828
| RE: Added Value
Here are some things to think about. IMHO, the exterior mods will attract a certain taste so you are spot on about most grocery chasers not being attracted to it, but there is always someone. I think the head unit will help make it more easily sold.
As to price, you might start with NADA, and add 50% of the external kit and see what price pops out at. Maybe 50% for the Dyanvin. Raise or lower from there based on your comfort level. Clean it up, post an ad on the typical sites and see what happens. Be prepared for the online criminals. I was selling a $2500 Volvo and between the Nigerians and the "poor me" stories I almost pulled the ads. Ugh!
Taking stuff off means you've got to sell it too, so more effort is involved. You just gotta figure out if the "juice is worth the squeeze".
You're going to get some tire kickers but if the '02 has been sorted, and you've got the receipts and maintenance records then someone will buy it.
Good luck. What year G are you looking at to replace it with?
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stevegsmith
Expert
Date registered: Apr 2006
Location: SF Bay Area, CA USA
Vehicle(s): 82 300GD WVO, 06 Jeep Lib CRD B99
Posts: 1301
| Re: Added Value
Sure, it's worth more with that stuff……to the right buyer.
Price it the way you want it and see what comes along.
Good luck man!
p.s. I agree with J.R.'s comments. |
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94rover
Veteran
Date registered: Oct 2010
Location: 39.2036° N, 76.8569° W
Vehicle(s): 02 G500
Posts: 240
| Re: Added Value
My .02
I purchased my 2002 with lots of goodies (Rockmeister sliders incl aluminum Offroad Side Step, Roof Ladder, Tow Pin Bumper, trailer brake, BF Goodrich AT's and Cocomats) but I was the only buyer that knew the value of the after market add-ons/upgrades, accessories. I competed with no other buyers because they frowned upon the goodies that were installed on my G which I believed drove the price down. There were two other G's being sold at the same time and buyers lusted after those because they were all factory with higher miles and sold in the mid-thirties (Manheim Highline).
That said, as the other posters above mentioned, the right buyer will know added value of aftermarket items and pay accordingly. Market to the right crowd. |
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ace10
Regular
Date registered: Dec 2012
Location: Rural NoVA
Vehicle(s): '13 G550 and other stuff
Posts: 85
| Re: Added Value
.... That said, as the other posters above mentioned, the right buyer will know added value of aftermarket items and pay accordingly. Market to the right crowd. But to play the roles of Captain Obvious and Devil's Advocate, if you are selling to a buyer who "knows" the value of the equipment, and there is a limited number of these "buyers who know," then why would one of these buyers pay a penny more than the buyers who don't know since the "don't knows" won't be buying (or at least paying extra for the add-ons on) the vehicle anyway. Not wishing to argue hard values, etc.
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hipine
Date registered: Jul 2006
Location: US, CO, Bailey
Vehicle(s): 460 1980 280GE w. 617A
| RE: Added Value
This stuff generally works just like houses. The goodies don't increase what someone will pay for your truck, they just might make someone buy your truck INSTEAD of another one priced comparably. In reality, there are far more buyers out there willing to pay a premium for a truck that's unmolested than there are willing to pay a premium for a truck with a bunch of bolt-ons. I don't know why, I just know I've seen it many times and experienced it a few times myself. The guy that bought my D90 asked me to remove all the (minimal) mods I'd made and put everything back to factory before he bought it.
Just my experience.
Good luck! You're only selling this one to get another, right? 
All the best,
-Dave G. |
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Indiana Drew
Expert
Date registered: Feb 2007
Location: Houston Tx
Vehicle(s): 2002 G500 LWB, 1980 280GE SWB (Sold), S500
Posts: 2223
| RE: Added Value
Yes David - the only reason I'd sell this truck is to buy an older one ... The 5ltr is not really very efficient around town. I seem to recall you have some very attractive MPG figures out of your truck ... As far as values of "improvements" as has been discusses, they add value for some and reduce it for others ... Getting the right prospects does improve the chances ... |
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koly
Elite Veteran
Date registered: Jul 2006
Location: Scottsdale, AZ USA
Vehicle(s): 2000 G500
Posts: 823
| RE: Added Value
hipine - 7/16/2014 9:51 PM
This stuff generally works just like houses. The goodies don't increase what someone will pay for your truck, they just might make someone buy your truck INSTEAD of another one priced comparably. In reality, there are far more buyers out there willing to pay a premium for a truck that's unmolested than there are willing to pay a premium for a truck with a bunch of bolt-ons. I don't know why, I just know I've seen it many times and experienced it a few times myself. The guy that bought my D90 asked me to remove all the (minimal ) mods I'd made and put everything back to factory before he bought it.
Just my experience.
Good luck! You're only selling this one to get another, right?
All the best,
-Dave G.
Minimal? C'mon Dave. Everyone knows you're ALL about the bling 
How are those air-cooled seats coming? You were supposed to be the test bed, remember? |
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Otiswesty
Administrator
Date registered: Jun 2007
Location: Portland, Oregon
Vehicle(s): 463.241, 461.213
Posts: 3006
| Re: Added Value
I returned my 2002 to stock prior to sale. Luckily some one near me was out fitting and pulling all of the factory parts I had sold off like side steps and bumper etc. I kept most of the good aftermarket stuff and put it in my new truck. I think only the head unit will help with the sale and pricing. |
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hipine
Date registered: Jul 2006
Location: US, CO, Bailey
Vehicle(s): 460 1980 280GE w. 617A
| RE: Added Value
I've had air cooled seats in my summer vehicles for 25 years or so. Unfortunately, the desire to use them keeps me out of the Gs.
-Dave G. |
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hipine
Date registered: Jul 2006
Location: US, CO, Bailey
Vehicle(s): 460 1980 280GE w. 617A
| RE: Added Value
Indiana Drew - 7/17/2014 12:17 AM
...I seem to recall you have some very attractive MPG figures out of your truck ...
20-21 mpg all the time. Some people think these things are supposed to get 30, but I can't find a way. But, the 20 exceeded my expectations for the swap. I wanted a 50% improvement over the 12 I was getting from the M110.
The 230GE gets more like 17 all the time, so allowing for a 15% average diesel premium it hasn't made sense to swap that one. If the motor goes bad it will make sense as I already have a 617A waiting in the wings. But until then, it stays a gasser.
I drove the 280 yesterday to keep things happy with it and the "low fuel" light came on at 490 miles. That increased range is also a nice perk in the deal for me.
All the best,
-Dave G.
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koly
Elite Veteran
Date registered: Jul 2006
Location: Scottsdale, AZ USA
Vehicle(s): 2000 G500
Posts: 823
| RE: Added Value
hipine - 7/17/2014 6:51 AM
I've had air cooled seats in my summer vehicles for 25 years or so. Unfortunately, the desire to use them keeps me out of the Gs.
-Dave G.
well played, sir.
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Indiana Drew
Expert
Date registered: Feb 2007
Location: Houston Tx
Vehicle(s): 2002 G500 LWB, 1980 280GE SWB (Sold), S500
Posts: 2223
| Re: Added Value
Spring spacers and 33.3" tires aren't worth taking off. I have the factory running boards on with the sliders so if I leave them or remove them the truck looks factory. The head unit I believe we all agree is a plus over the '02 COMAND. We I to elect to sell this truck, I'd likely make the sliders something that I would offer only if someone wanted them unless I knew I wanted a SWB or Cab. Within the the big picture the sliders are not enough to make it worth loosing a deal. Now if I had cooled seats like in the S Class, I pull those babies out! |
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Indiana Drew
Expert
Date registered: Feb 2007
Location: Houston Tx
Vehicle(s): 2002 G500 LWB, 1980 280GE SWB (Sold), S500
Posts: 2223
| RE: Added Value
hipine - 7/17/2014 8:01 AM Indiana Drew - 7/17/2014 12:17 AM ...I seem to recall you have some very attractive MPG figures out of your truck ... 20-21 mpg all the time. Some people think these things are supposed to get 30, but I can't find a way. But, the 20 exceeded my expectations for the swap. I wanted a 50% improvement over the 12 I was getting from the M110. The 230GE gets more like 17 all the time, so allowing for a 15% average diesel premium it hasn't made sense to swap that one. If the motor goes bad it will make sense as I already have a 617A waiting in the wings. But until then, it stays a gasser. I drove the 280 yesterday to keep things happy with it and the "low fuel" light came on at 490 miles. That increased range is also a nice perk in the deal for me. All the best, -Dave G. 230GE?!? I've been so absent from the forum trying to grow my business, I have apparently missed lots of news! Are there Pix? |
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Fred V
Regular
Date registered: Apr 2014
Location: Green Mnts
Vehicle(s): 02 G500
Posts: 88
| RE: Added Value
My guess is that your truck will have too many miles and too few cup holders to appeal to folks getting groceries. The folks who might want one for status will need a newer one. The older Gs have come far enough down in price that that they can be purchased by folks interested in their capabilities and who actually do want locking differentials. Those folks will care about tires and spring spacers and those things should help with a sale. I think you are correct to offer to include rock sliders for a bit more. |
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94rover
Veteran
Date registered: Oct 2010
Location: 39.2036° N, 76.8569° W
Vehicle(s): 02 G500
Posts: 240
| Re: Added Value
Indiana Drew - 7/17/2014 7:06 PM
Spring spacers and 33.3" tires aren't worth taking off. I have the factory running boards on with the sliders so if I leave them or remove them the truck looks factory. The head unit I believe we all agree is a plus over the '02 COMAND. We I to elect to sell this truck, I'd likely make the sliders something that I would offer only if someone wanted them unless I knew I wanted a SWB or Cab. Within the the big picture the sliders are not enough to make it worth loosing a deal. Now if I had cooled seats like in the S Class, I pull those babies out!
If you no longer have your COMAND, I'll be happy to remove mine and trade ya...if keeping it totally stock is a motivator 
GLWS |
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Indiana Drew
Expert
Date registered: Feb 2007
Location: Houston Tx
Vehicle(s): 2002 G500 LWB, 1980 280GE SWB (Sold), S500
Posts: 2223
| Re: Added Value
94rover - 7/17/2014 8:16 PM Indiana Drew - 7/17/2014 7:06 PM Spring spacers and 33.3" tires aren't worth taking off. I have the factory running boards on with the sliders so if I leave them or remove them the truck looks factory. The head unit I believe we all agree is a plus over the '02 COMAND. We I to elect to sell this truck, I'd likely make the sliders something that I would offer only if someone wanted them unless I knew I wanted a SWB or Cab. Within the the big picture the sliders are not enough to make it worth loosing a deal. Now if I had cooled seats like in the S Class, I pull those babies out! If you no longer have your COMAND, I'll be happy to remove mine and trade ya...if keeping it totally stock is a motivator GLWS I have the COMAND which I'd likely just give to the buyer and leave the Dynavin in place, but thanks for the offer |
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Indiana Drew
Expert
Date registered: Feb 2007
Location: Houston Tx
Vehicle(s): 2002 G500 LWB, 1980 280GE SWB (Sold), S500
Posts: 2223
| Re: Added Value
Looking at some of the online valuing web sites, it is difficult to get a consensus on the basic value of a 2002 G500 with 146,xxx miles on it. It does appear that the difference between trade in and private sale is about $2K. Anyone got comparable sales figures to share? 17 years in real estate and I like to do my own research when at all possible. Feel free to email or PM me if you prefer not to post an opinion of value. |
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Brent
Expert
Date registered: Apr 2006
Location: SW Colorado USA
Vehicle(s): '13 Wolfsburg GTI
Posts: 1754
| RE: Added Value
The selling price of a 2002 with 146k is probably between 22 and 25k. Your updates and ad ons don't add value IMO. They make your truck more appealing to some, less to others. If you want it to sell in a market full of similar trucks set the price low. If you believe there is a buyer who will pay more for the rig as it is set up, ask a little more but be prepared to wait. I would not bother with stripping parts off or trying to add money to the price for, "if I don't take the sliders off", type of contingencies.
Good Luck |
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Indiana Drew
Expert
Date registered: Feb 2007
Location: Houston Tx
Vehicle(s): 2002 G500 LWB, 1980 280GE SWB (Sold), S500
Posts: 2223
| RE: Added Value
Brent - 7/26/2014 4:13 PM The selling price of a 2002 with 146k is probably between 22 and 25k. Your updates and ad ons don't add value IMO. They make your truck more appealing to some, less to others. If you want it to sell in a market full of similar trucks set the price low. If you believe there is a buyer who will pay more for the rig as it is set up, ask a little more but be prepared to wait. I would not bother with stripping parts off or trying to add money to the price for, "if I don't take the sliders off", type of contingencies. Good Luck When the truck goes, it will go as is flaws and improvements ... I'd be happy to get $22K I think ... Guess if I'm serious, I'd best post a notice in the proper section ... |
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