Quote:
Originally Posted by Drop the hammer
I just bought another 2018 m2, with 8000kms on it and full xpel stealth wrap and m performance exhaust, +oem bmw winter wheel up. Car Looks great! Alpine white with stealth. Basically car shows better than new. Didn’t pay any more than a used unwrapped car. So I’d say they did not get any premium at all. $67k cdn. The wrap was probably 6k to do.
|
I know this is just one story, but this is exactly my theory. The used car market is primarily driven by model year, mileage and condition. Many of the expensive factory options tend to not see a big return, and aftermarket modifications often see no return at all or even a loss. The PPF installers routinely sell their customers on the notion that cars with PPF will get more money than cars without when it comes time to sell, but I don't know how true that is.
In your case, I would imagine the price of that 2018 M2 with 8kms would have been the exact same if it had no PPF but the paint was still in great shape with minor defects. Of course if a car looks like it has been sandblasted with rock chips and scratches then yes, that's going to be less... but I think a car that had a previous owner that took care of the car, but had a small chip here or small scratch there would essentially have been the same price. So that approximately $5K-$6K PPF job would have done nothing on the resale market. I think this is even more pronounced when it comes to trade value. A dealership isn't likely to give you anything extra, so your best hope is to sell private party to an owner that really appreciates it, or who was going to do that install himself and even then you'd be lucky to recoup 25% of the install value over what the car would have sold for anyway.
I think the PPF installers are fantastic marketers.