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Old 05-04-2014, 09:58 AM   #1
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Do mods add value?

I enjoy reading about mods that many folks do to their rigs and wonder:

Do any of these mods slow down the rate of depreciation? Add value to the NADA price so that resell value is higher? How would the mods be valued?

The accumulated value of many mods so many folks make easily run into the many thousands of dollars. Is it all just lost investment when (if) sold?

My other curiosity is how many folks take enhancements they've made with them when swapping to another rig? e.g., mods that can easily be removed and re-used like TPMS, exterior shading, tire covers, LED's, electronics, etc. Heck, just the first 3 I list here could run over $1K to re-purchase.
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Old 05-04-2014, 10:09 AM   #2
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1a. Not by any real $$$.
1b. No. Banks will not add for non-mfgr add ons
2. Not necessarily. This hobby is not for those looking to make money. But, when you go to sell, upgrades (such as replace tube tv for LED tv) or enhancements might be what makes the deal go through. There are a lot of MH for sale, every bit might help.
3. Depends on the enhancement. TPMS, take. LED tv, leave. etc.

One thing you are overlooking; most of us make enhancements for our enjoyment. I swapped out the tv from the overhead to a side location as I did not like the view from any seat in the coach. Now, every seat has a good view. If you do not enjoy this hobby then you should find another. Life is too short.
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Old 05-04-2014, 10:16 AM   #3
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We keep our MH updated (fabrics, residential fridge, solar, PSW inverter, etc) to make it more enjoyable to use and so that it will be easier to sell (when that time comes), not [necessarily] to realize an economic ROI. \ken
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Old 05-04-2014, 10:17 AM   #4
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Do mods add value?

There aren't any modification to an OEM RV that will add significant value above the published NADA pricing schedules. Even a full paint job on an older coach will only realize a slight bump in the price but it will only be from a perception that the coach must have been well taken care of. Placing a tangible value on perception is all in the eye of the beholder since the pricing guides won't take a lot of the features into consideration.

On the other hand if upgrades improve your ownership experience then it would have all been worthwhile to you and the heck with what anyone else would say about the value of your equipment.


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Old 05-04-2014, 11:29 AM   #5
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I was asking the question from the perspective of does it matter doing these mods? I guess if a full paint job (7K+) adds very little residual value, smaller enhancements like solar add-ons, replacement refer, etc., etc., only contribute to help make the deal at sale time. All of which is fine, just trying to understand what mods mean to others.

I've only been considering mods that I would want and not "what will I get in return" anyhow. I realize it's not like S&B enhancements where there is a ROI. Not even sure I'd ever sell mine, haven't even had it long enough to think that way. I'm just trying to understand all aspects of my favorite hobby...
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Old 05-04-2014, 11:59 AM   #6
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We spent a few K's remodelling our 03 because we liked the coach and felt it was still less than going for a newer rig that did not fit our style. Will it increase the resale? I doubt it. May make it more favourable to sell but I don't think it will increase the value a whole bunch.
Our concern was and is not resale. It suits our needs and wants. We will drive it till the wheels fall off or we can no longer drive it. In the meantime, it owes us nothing and we enjoy every minute.
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Old 05-04-2014, 12:19 PM   #7
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When I traded in one of my coach a few years ago I left the add on solar panel on the roof. When I delivered it to the dealer they suggested I take it for the new coach and even loaned me the tools to remove it. No change in value.
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Old 05-04-2014, 12:38 PM   #8
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I'm in the process of trying to sell my 2007 40DP and I can tell you that the answer to your question is NO.

As others have said, mods might be a selling point that makes a particular buyer choose one coach over another similar one, but there's really no value recovered from any on the many add ons I've done.

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Old 05-04-2014, 12:50 PM   #9
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Mods are for me. Value to a potential buyer isn't even considered.
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Old 05-04-2014, 01:40 PM   #10
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Thanks for the replies. As noted, my mods are ones I would want and not necessarily others. For example, right now I'm doing the wood finishing on two new bird houses I'll be placing in the open floor area of my coach. They won't be permanently mounted but obviously that's a mod very few would want to be left inside at sale time.
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Old 05-04-2014, 03:19 PM   #11
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Quote:
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Mods are for me. Value to a potential buyer isn't even considered.
Yep.
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Old 05-04-2014, 04:23 PM   #12
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i would say no on adding value

most of the time it hurts the value other then tv,s or full body paint

its like a kid that has a truck then adds big tires to it and has it way in the air and a big sounds system
now it would be hard to sell and the banks dont want that

so things you would think ppl like hurt like a
solar system more holes in roof / was right size wiring used added LBS
and 90% have added more battery's well then this system has to stay working so now it more stuff to keep working down the road
seen 2 fires started over wrong size wiring used when installing

wood / tile foor over carpet ... added more LBS to RV and slides made for carpet RVs dont have rollers so it cuts the floor when it moves in and out
then latter it gets out of line and ever moves in and out right

tire sizes not the same see this alot ppl add higher wight tires to add more to there GVWR but in so kill gearing / MPG and some times plays games on the ABS system and the TCM when there talking mostly on allison setups

moving away from a RV freg to a home type .. this all so adds higher amp loads to the RV and has to run the gen more on longer trips and is a hard mod to undo if you ever want to go back stock

this list can go on for ever and so i would never get a RV that had alot of mods

modding as most of said is a way to give you some thing to do and make it yours
but really no one planes on keeping there RV for ever and one day some guy is going to be look at it thinking did this guy know what he was doing when doing all this

a few months back i did see a guy upset posting that a website he was trying to use to sell hes RV would not add all the mods he did to the listing and he was upset about it posting here and hes price was getting cut down bad


not trying to sound hard here but just adding some thing that every one should think about
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Old 05-04-2014, 04:38 PM   #13
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Probably not much but it could make the difference between someone buying yours vs. someone else's without any mods....
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Old 05-04-2014, 04:46 PM   #14
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Quote:
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Mods are for me. Value to a potential buyer isn't even considered.
That's exactly how we feel. We find it almost comical that so many RVers try to "preserve" their RVs (ugly decorating and all) as if there is some magic to being able to offer it for sale just the way it was delivered. On the Beaver Ambassador forum I see people trying to match 10-15 year old fabrics as if there is something wrong with just buying something new and attractive and just using it.

In our S&B my DW used to re-decorate on a regular basis; she would be unhappy if she couldn't do the same thing in her MH.

And IMHO anyone who says that adding a residential refrigerator is risking re-sale value doesn't have the slightest understanding of what's happening in new MH's and higher end towables. The RV fridge is a holdover from an era when going camping meant roughing it and "getting away from it all." For lots of RVers that's not how they use their RVs.
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