Selling price opinions - premium for major service?

[FasterBass]

Hi all,

Looking for some feedback from the forum. Thinking about selling my '09 Yukon SLT, 5.3 LMG, Selectable 4WD, 6L80E, Bench with 3rd row, Bose, 139k. Wife wants the K2XX generation.

Specifically, wondering what kind of premium people will pay for the truck based on the high value services completed. From my perspective, this truck is ready for another 150k plus. The truck drives, accelerates, stops like new. Paint is not perfect - lots of scratches around door handles. No dents. Hood clear coat is in tact but roof is starting to fail. No body rust whatsoever. Corrosion underneath, but nothing unexpected. Truck presents well, I think with some paint correction it would shine up really well. As is the truck is presentable for sure.

In short, I think the truck is worth significantly more than the miles suggest but I am interested to hear if I am off base.

Major services performed since purchase at 134k:
FULL DOD delete kit from Brian Tooley racing:
-BTR Stage 2 Cam
-Remanufactured 799 heads
-Beehive springs
-LS7 Lifters
-New lifter trays
-New Melling high volume oil pump
-HD timing chain
-ARP Exhaust bolts
-Professional shop installation with receipt for work (over $3k between parts and labor)
Black Bear Trans and Engine Tune
Full transmission flush and filter @134k
Updated Valve cover
Catch can
AirRaid MIT with filter
Plugs/wires
New Fuel pump assembly/replacement lockring (dropped tank, did not cut floor)
KYB MonoMax Pre-assembled struts/MonoMax rear shocks
Belltech 2in rear lowering springs (levelled out with stock front height)
Airlift 1000 helper bags
F/R swaybar links
MOOG front diff mounts
Replacement front CV Axle
New HD Driveshaft
MOOG front replacement hubs/sensors
Powerstop Z36 F/R brake kit (rotors and hi performance pads)
Full brake flush
Updated 20in wheels from K2XX chassis
Interior cabin filter upgrade
Polished headlight lenses and installed LED upgrade bulbs
LED fog lights
Black GMC front and rear emblems

 

[OR VietVet]

So you bought with 134k miles on it and has 139k miles on it now and after all the work was done, she wants to get newer? C'mon man....You will never get all that money back for all the work you have done to it in the last 5k miles....right?

Am I missing something here?

 

[FasterBass]

So you bought with 134k miles on it and has 139k miles on it now and after all the work was done, she wants to get newer? C'mon man....You will never get all that money back for all the work you have done to it in the last 5k miles....right?

Am I missing something here?

No, you aren't. I 100% wont get the money back. This isn't really about - HOW CAN I MAKE A PROFIT. More like, how can I mitigate losses and what is a reasonable offer? Prices are all over the place and looking for others who know the NNBS market better than I.

Also important to note, I've done all the work myself EXCEPT the cam swap. I just didn't have the time. So a lot of money saved on labor.

 

[intheburbs]

Honestly, speaking as an owner of multiple Wranglers (see my sig), having a bunch of stuff done by the owner and not a shop, makes me that much more leery of paying a premium. I specifically did NOT even look at Jeeps with lifts done by the owner. I don't trust shade tree mechanics.

Be happy if you recover 25-33% of your investment in those parts.

 

[FasterBass]

Honestly, speaking as an owner of multiple Wranglers (see my sig), having a bunch of stuff done by the owner and not a shop, makes me that much more leery of paying a premium. I specifically did NOT even look at Jeeps with lifts done by the owner. I don't trust shade tree mechanics.

Be happy if you recover 25-33% of your investment in those parts.

I guess that makes sense, but you should be able to tell shade tree work from actual competent mechanics from a pretty cursory inspection. I'm not ASE certified, but have been building cars for most of my life. I use the proper torque values, locking compounds, and the right tools for the job. Also part of the reason I sent the car to the shop for the cam swap, too many specialized tools that I did not have access to that I did not want to invest in. I want things done right.

 

[OR VietVet]

I guess that makes sense, but you should be able to tell shade tree work from actual competent mechanics from a pretty cursory inspection. I'm not ASE certified, but have been building cars for most of my life. I use the proper torque values, locking compounds, and the right tools for the job. Also part of the reason I sent the car to the shop for the cam swap, too many specialized tools that I did not have access to that I did not want to invest in. I want things done right.

I hear ya. I am a retired tech and service writer. Still have my expired ASE Master Tech and ASE Service Consultant certificates and have the knowledge but I don't have a brick and mortar shop with insurance coverage and proper letter head invoices after the work I do. I always want to see history paperwork on a vehicle I am considering buying. I would only buy without that paperwork with a thorough inspection and at a reduced price.

 

[FasterBass]

I hear ya. I am a retired tech and service writer. Still have my expired ASE Master Tech and ASE Service Consultant certificates and have the knowledge but I don't have a brick and mortar shop with insurance coverage and proper letter head invoices after the work I do. I always want to see history paperwork on a vehicle I am considering buying. I would only buy without that paperwork with a thorough inspection and at a reduced price.

So, from what I am hearing the cost of the maintenance items does not factor into this at all, rather you'd ask for a discount over a dead stock truck without any of the above maintenance completed? I'm not exactly sure what the takeaway is here.

I of course have record of all of the purchases and of the work performed at the shop...

 

[OR VietVet]

I would offer more when the maint work is proven. Same with repair work. There is a difference.

Anyone, honest or not, can show a list of work done to a vehicle but whether it was all done or not, IMO, would have to be proven to me by paperwork/records or a thorough inspection. I am not doubting you. I only see 6 items that I would consider maintenance. The rest are upgrades or repairs. I personally hope you get what you want for it but what thru me was the mileage in between and then wanting another new new newer vehicle. I do wish you good luck.

I happen to think that my 2005 Z71 is one of the best on the road, anywhere, but I know i can't get out of it all that I put in to it. See my Build Thread.

 

[j91z28d1]

with a cam and stuff done, your best bet is selling it to someone like the people here on the board. your average person doesn't really know what any of that is and the cam is iffy as to if it helps sell it or hurts. I bought mine for a soccer mom minivan. soon as I saw cam I'm scroll on, the next guy might love that it's done.

post it for what you think it's worth on Facebook market place, sit on it for a week or 2. if it doesn't move quickly, you know you'll need a more targeted audience.


on a side note, what wheels are those. those look like what I've seen on a few random trucks around town and think look good. now that I see them on a black yokon, I like them even more haha.

 

[adventurenali92]

Maintenance and repairs have never added resale value to a used vehicle. At least not that I’m aware of. No matter how much you dump into to make it like new. The “added value” that you might be able to sell it for, per say is what they mentioned above. selling the vehicle to someone who knows the platform and knows that the work done makes it a better vehicle to buy if the work was done right. If it were me looking at that Yukon to buy I probably wouldn’t hesitate to pay a higher price for it, if all the work in fact checks out, but that’s because i know what all the work you did to it was worth and why it was done and why it makes it a more solid vehicle over a stock truck with just general maintenance keeping it alive at that mileage. Like the guys have said the average joe looking for a used car isn’t going to know why any of the work you did matters or why that would command a higher selling price.

 

[swathdiver]

Hi all,

Looking for some feedback from the forum. Thinking about selling my '09 Yukon SLT, 5.3 LMG, Selectable 4WD, 6L80E, Bench with 3rd row, Bose, 139k. Wife wants the K2XX generation.

Specifically, wondering what kind of premium people will pay for the truck based on the high value services completed. From my perspective, this truck is ready for another 150k plus. The truck drives, accelerates, stops like new. Paint is not perfect - lots of scratches around door handles. No dents. Hood clear coat is in tact but roof is starting to fail. No body rust whatsoever. Corrosion underneath, but nothing unexpected. Truck presents well, I think with some paint correction it would shine up really well. As is the truck is presentable for sure.

In short, I think the truck is worth significantly more than the miles suggest but I am interested to hear if I am off base.

Major services performed since purchase at 134k:
FULL DOD delete kit from Brian Tooley racing:
-BTR Stage 2 Cam
-Remanufactured 799 heads
-Beehive springs
-LS7 Lifters
-New lifter trays
-New Melling high volume oil pump
-HD timing chain
-ARP Exhaust bolts
-Professional shop installation with receipt for work (over $3k between parts and labor)
Black Bear Trans and Engine Tune
Full transmission flush and filter @134k
Updated Valve cover
Catch can
AirRaid MIT with filter
Plugs/wires
New Fuel pump assembly/replacement lockring (dropped tank, did not cut floor)
KYB MonoMax Pre-assembled struts/MonoMax rear shocks
Belltech 2in rear lowering springs (levelled out with stock front height)
Airlift 1000 helper bags
F/R swaybar links
MOOG front diff mounts
Replacement front CV Axle
New HD Driveshaft
MOOG front replacement hubs/sensors
Powerstop Z36 F/R brake kit (rotors and hi performance pads)
Full brake flush
Updated 20in wheels from K2XX chassis
Interior cabin filter upgrade
Polished headlight lenses and installed LED upgrade bulbs
LED fog lights
Black GMC front and rear emblems

View attachment 402733

The general public shys away from modified vehicles. They are the ones who will pay retail. Car guys like us are a tiny market and we don't like to pay market prices!

Sell it based on its looks and up to date maintenance and have your list ready if asked for. Once they buy it, then you can tell them about all the goodies. For me personally, all those aftermarket parts would scare me away.

What will most women think of that lumpy idle? That it's been raced and therefore is unreliable.

My wife wants a newer generation truck too.

 

[petethepug]

I purchased my replacement prior to selling my 08 cream puff 3 years ago. When you’re not under the gun to do the transactions you won’t lose your ***.

I used a nationwide selling site called TRED after paying $675 to have the black AWD YXL Denali color sanded and $800 to have the hood & 1/3 of the roof resprayed. In three months during COVID I had 5 bites.

The last call was a buyer who had been lurking on it. They drove from Las Vegas to SoCal to get it. Price negotiated from $14k to $12.5k and TRED paid me via my checking account as the broker and handled all DMV and title. 5-6 months later when the used car market took off I could of gotten another $6-$8k for it even with 140k miles.

The key factor was 3 months earlier I got an 09 Esky ESV Platinum w/140k in TX for $14k at the end of a leap year month pre COVID.

TRED charged $320 and refunded $175 as a promo because I had it professionally detailed. List it nationwide with the info you published here and your buyer will find you knowing they’re protected by using a broker like TRED and they can also buy an ext warr / serv contract from them through Ally, GM owns them.

Good Luck & happy hunting

 

[Charlie207]

Can't hurt listing it on Bring A Trailer or Cars & Bids as well, or all the LS-based internet vehicle forums. They'd at least understand what you have.

 

[petethepug]

Looks like TRED was purchased by Autotrader and dissolved.

… Nope, now TRED.com links to Autotrader private seller exchange page. Looks like it’s a Costco purchasing Price Club kinda thing. Purchase and conquer.

 

[petethepug]

Still on the fence about trading up?

 

[Bigkevschopshop]

Honestly, fix the paint issues, as that's your main thing that will tank the value in private party sales right now. Bring a trailer may be a good outlet for you with the mods done.

You threw alot of money at it for sure, I did the same on an 05 I had a few years back, tried to bulletproof it and my plans failed as the truck had different ideas on what it wanted.

Advertise it on FB maybe and you may run it on ebay with a buy it now. Bring a Trailer with reserve.

I would suggest if doing ebay or bring a trailer, have a inspection report done by a private company and provide that with a carfax on it.

Its got some good stuff done to it, but saying you did alot yourself may hurt rather than help, BUT the cam done by a shop is the saving grace. If you break even on what you paid for the truck I would say you are doing better than most who have gone down that road that you just went down. Sorry to be the bearer of bad news there but the market is soft in some ways but the sub 20k market of vehicles down here where I am is still moving some.

Best of luck man. You can find a dealer hard up to sell a k2 and they may bump your trade just to sell. They will run the yukon through the lanes just to get rid of a modded ride.

 

[drakon543]

as i tend to tinker with everything i own and move onto my next project toy just as quickly selling anything thats not bone stock is always a hassle. i have better luck undoing everything and making them as stock as possible again. then i will sell the toys after and usually come out without that much of a loss. modded vehicles as stated above are generally a hard sell on the typical used car buyers regardless of what was done. maintenance items based on what they were can bring a vehicle up to its premium market value with proper documentation but generally wont give it reason to be sold over market value. if your ok sitting on it for a while there's a chance you could find someone willing to buy it for what you have done to it but you will likely be waiting a while. on that note i generally stay away from vehicles modded beyond just an exhaust and or intake. doesn't matter to me where or who did the work but its likely all that work done isnt exactly what i would have wanted so it generally means extra work to undo the stuff i dont want.

 

[FasterBass]

Still on the fence about trading up?

Yeah, probably just going to keep it for a while. The Firebird I sold on BAT didn't bring quite as much as I was hoping for, so not really enough to roll into a K2XX purchase in conjunction with selling this one. Oh well. Start saving up for the trade in a few years.

 

[Doubeleive]

I am going to have agree with others, you will never get your invested back out of it, the only thing you will get is the satisfaction of driving it.
keep it drive it, get the wife what she wants, be happy.

 

[salisburyv]

There ya go. Solid advise. My wife drives a lease, so she can get a new car every 2 years, and were always under the mileage, by a lot. But she loves my Yukon. Way more room, and seats that'll burn your ass off...lol. I plan on keeping this one for a bit. Never been hit, rides like a cloud. And sounds great, inside and out!