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Value my 2002 Lancer OZ

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Old Aug 24, 2007 | 07:45 PM
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Question Value my 2002 Lancer OZ

I've compiled the list of upgrades and how much I spent on the part minus the labour. I need to know how much someone would pay for it here in Canada not in the U.S. even though it is a U.S. Car. I will be posting pictures as soon as I have the front end repainted from all the stone chips.


2002 Mitsubishi Lancer OZ Rally Edition White, 4 dr, auto, pw, pl, pd, a/c, 73k Miles

- HIDs @ 35W 6000K ($200)
- JDM Black Headlight housings ($200)
- TYC Chrome Tail lights ($150)
- Walker front bumper ($300)
- JDM grille ($200)
- Evo7 Spoiler ($200)
- Pager Alarm ($600)
- OBX Racing Headers w/Downpipe ($300)
- Polished Exhaust Tip ($20)
- Short Ram Intake ($100)
- REACTIVE Cone Air filter w/Heatshield ($40)
- Strut bar, H-bar, Tie Rod bar ($250)
- Nexx Coilover Suspension ($800)
- 17” ADR Black/Polished racing rims/Summer tires ($1000)
-Original OZ Rally rims/Winter tires ($500)
- Lightened Crankshaft Pulley ($120)
- Upgraded Alternator (100 amps) ($150)
- Motomaster Spiral-Celled battery ($200)
- Custom Grounding Kit ($150)
- Magnicore Spark Plug Wires ($100)
-Phoenix Gold XENON System ($3500)
o X5.0 Component Set at front (100Wrms)
o X6.5 Component Set at Back (100Wrms)
o X100.4 PG Xenon Amp (100wrms * 4)
o (2) X400.1 PG Xenon Amps (2 x 400Wrms * 1)
o (2) X12D PG Xenon Subwoofers in PG Slotted Enclosure
o 0 AWG Wiring kit, with many accessories
o 3.5 Farad Cap
- JVC 3.5” In dash DVD deck AVX2 ($500)
- Innovatek 7” headrest monitors Mounted in leather headrests ($350)
- Blue LED kit – Instrument cluster + dash ($140)
- Neon sound-activated tubes ($50)
- Presidential Tints ($140)
- Steel Brake lines ($150)
- Crossdrilled/slotted Brembo rotors ($200)
- Painted drums black ($200)
- Magnetic Oil Drain Plug ($20)

Replacements done within last 10,000 miles: brake pads and shoes, timing belt, water pump, tensioner pulley, spark plugs, O2 Sensor, alternator belt, serpentine belt, front and rear engine mounts, transmission mount, rear control arms, all stabilizer link kits, all sway bar bushings, tie rods and ends, drive shafts.

Fluids replaced within last 25,000 miles: Transmission fluid, Radiator Fluid, A/C recharge
Old Aug 24, 2007 | 08:04 PM
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It's worth what a stock OZ is worth, maybe less. Unless you sell it to another tuner/kid, the mods you've done won't raise the value at all, in fact they probably lower it since it can be taken as a sign of abuse (why would someone put "go fast" mods on a car if they didn't go fast?).
Old Aug 24, 2007 | 08:23 PM
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So $12,500 then? LOL
Old Aug 24, 2007 | 08:25 PM
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i'd say $9,000 max
Old Aug 24, 2007 | 08:37 PM
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Originally Posted by crypto
i'd say $9,000 max
+1

The best option you have to make some of the money back is part it out if you have the stock parts, then sell it. So you have resale value, plus the parts. Or if you don't have the parts, you could find a kid/parent to buy it. The kid will think it has a bunch of nice parts/think it's quick and the parent will be happy buying their kid a 4 door that has a relatively low insurance rate. It's a win-win.
Old Aug 24, 2007 | 09:27 PM
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hah so when im lookin for a lancer to buy... i will be that kid that thinks a car has nice parts on it and will buy it for more then it would sell to others..... so when lookin to buy a car i shouldnt tell people im 16 and want a nice lancer???
Old Aug 24, 2007 | 09:30 PM
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no u will be competing with other kids/parents who want a nice looking lancer lol

hah!
Old Aug 24, 2007 | 10:10 PM
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I hate to say it but it's true. I hear stories all day at school about how this person sold a Civic or Integra or a Miata or any car that was beat on, had massive problems, but the fact that it was a Honda, or had an aftermarket sound system were plus points in their sales. The common factor in all the stories was that it was going to be a kid's first car and his/her parents thought it was a good deal and the kid was just happy to be getting a car with a few mods. It happens all the time.

I wouldn't say don't tell them you are 16, I would just know what to look for if I were you. Always check for leaks or structural damage. If there are mods, ask where/who installed the mods. Things like that.
Old Aug 28, 2007 | 05:06 PM
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I hate to say you won't get much. When I traded my 02 Lancer in, I got $5400. That was with all the mods. I might have been able to get more, but I was happy with that price because it paid my car off, and I had a great down payment.
Old Aug 28, 2007 | 06:23 PM
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$6725

i just appraised your vehicle
Old Aug 28, 2007 | 06:38 PM
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As was said. some things like header and such. your best to part out, get stock parts on and then sell it. mods dont add price to a vehicle unless its a complete showcar or something with top shelf parts kinda vehicle.
Old Aug 28, 2007 | 07:36 PM
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If you get rid of some stuff such as amps, speakers, HID's etc. let me know
Old Aug 28, 2007 | 07:55 PM
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Originally Posted by mitsuozboi
mods dont add price to a vehicle unless its a complete showcar or something with top shelf parts kinda vehicle.
Even then it's still hard to sell for a high price. It's like that guy that wanted to sell his IX in the classifieds for 60k because it was all JDM'd out. It was nice, but no one wanted to buy it for the price.
Old Aug 28, 2007 | 08:36 PM
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I got 6500$ for my car if that helps.
Old Aug 29, 2007 | 06:07 AM
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Like many others already said, if u are planning on getting a new car you'll be better off if u part out and just bring your car back to stock and then trade it in for your new car or something like that

Last edited by lanceritis; Aug 29, 2007 at 06:10 AM.



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