Why does a car's price decrease after upgrades?

Why does a car's price decrease after upgrades? - Inside the Restaurant With Pendant Lamps and Flowers

I bought a Zentorno, for ~750k and I have upgraded it for around a couple of hundred thousand, and yet it's sell prize at Los Santos Customs is only 529k?!

Why has this happened? It makes no sense.



Best Answer

It doesn't decrease after upgrades, per se, but it always loses half its value from whatever you do. For instance: if you purchase a Zentorno for $750,000 and take it STRAIGHT to Los Santos Customs you will only be able to sell it for half of its purchased value ($375,000).

If you then add a spoiler for $1000, and level 1 suspension for $2000, you will have increased your cars value by $1500 despite spending $3000 on it. Your car will now be worth $376,500).

However, because you can only have one spoiler, and one suspension, along with one of everything else, if you further upgrade your car with level 4 suspension which costs you $10,000, your car will now be worth $380,500. Even though you spent $10,000, because you replaced the suspension on your car, you no longer get the $1000 from the level 1 suspension.




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Does modifying your car lower its value?

The short answer is, yes they do, and for the most part negatively. Depending on the car but especially the buyer, modifications can significantly hurt the resale value because simply put, cars are built to spec for a reason.

Are car upgrades worth it?

Many car upgrades, done for purely cosmetic reasons, simply aren't worth it. At best, it's a harmless way to spend your cash. At worst, it lowers your car's resale value, and in some cases can even make it a danger to drive.

What three factors affect the price of a car?

In brief, the main factors affecting a used vehicle's price are mileage and condition. Options, location, and color also playing a role.



Why do you like cars?




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