-
If you currently own, previously owned or want to own an Avalanche, we welcome you to become a member today. Membership is FREE, register now!
Navigation System- hurting resale value?
- Thread starter sdancisin
- Start date
2007AVLT3 said:
It doesn't hurt the resale value of the AV, you just don't get the value of the NAV system itself in the resale. Other than that, the resale sux anyway.
interesting point to consider
paul_376
Full Member
interesting, i have always been told tinting the windows hurts resale value as well
It is all up to who is buying the vehicle.
02-Z66
Full Member
? i think it's a load of crap. ?the dealer will definitely jack up the price to get money out of it. ?the potential buyer will comment the price is a little steep, and the dealer will say, "it's got NAV!!!".
? we won't get much towards trade-in value as we all know. ?but, i think that the price will reflect the NAV, or any other high-end option, when considered for re-sale. ?don't we see it everytime we look at used cars.
?
? we won't get much towards trade-in value as we all know. ?but, i think that the price will reflect the NAV, or any other high-end option, when considered for re-sale. ?don't we see it everytime we look at used cars.
?
I would believe it's more set on the vehicle type a buyer has in mind. Usually aftermarket audio systems and performance mods hurt the resale value more! 
MS03 2500
PM 2017
PM 2015
SM 2014
PM 2013
PM 2012
SM 2011
SM 2010
SM 2009
SM 2008
SM 2007
SM 2006
Full Member
I agree with sperry, if a aftermarket audio or Nav unit is in it, where are they going to get it fixed if something happens. Any place you take are going to say rip it out.
22off
Full Member
I agree that aftermarket audio hurts the value of the car, but I would think that one cannot lose money if doing the factory TNR upgrade by himself.
That is one thing that bothers me with just the lux upgrade: if I decide I don't like it or even that I want the system the way it was, it wouldn't be as easy as putting everything together the way it was because the HU needs to be re-flashed and that costs money too so it would be hard to recover what I invested in it.
That is one thing that bothers me with just the lux upgrade: if I decide I don't like it or even that I want the system the way it was, it wouldn't be as easy as putting everything together the way it was because the HU needs to be re-flashed and that costs money too so it would be hard to recover what I invested in it.
It's not true. The resale as a percentage of the original purchase price is lower for Nav-equipped vehicles in general, that part's true. Doh. If you pay $2000 for the Nav option but only get $600 added to the book value on trade-in, you've lost 70% of what you paid for the option, but still get $600 more for your vehicle during that trade-in time than someone with the same vehicle that doesn't have the option..
It's fun how they twist stuff around though.
It's fun how they twist stuff around though.
I have to say I agree with the article.
I LOVE gadgets and tech, so if I were looking for a two year old+ car/truck that had a stock nav in it I would write it off as old tech and assume I'm replacing it...it might as well be an 8-track as far as I'm concerned. Nav systems are getting better with more functionality about as fast as the computer industry and I won't pay a premium for old tech.
I LOVE gadgets and tech, so if I were looking for a two year old+ car/truck that had a stock nav in it I would write it off as old tech and assume I'm replacing it...it might as well be an 8-track as far as I'm concerned. Nav systems are getting better with more functionality about as fast as the computer industry and I won't pay a premium for old tech.
Ambalanche
Full Member
Well this is the Media we're talking about.USA1fan said:It's not true.? The resale as a percentage of the original purchase price is lower for Nav-equipped vehicles in general, that part's true.? Doh.? If you pay $2000 for the Nav option but only get $600 added to the book value on trade-in, you've lost 70% of what you paid for the option, but still get $600 more for your vehicle during that trade-in time than someone with the same vehicle that doesn't have the option..
It's fun how they twist stuff around though.?
Ambalanche
Full Member
Nav systems can be upgraded, you just need the new dvd.macalanche said:
02-Z66
Full Member
Ambalanche said:Nav systems can be upgraded, you just need the new dvd.?
that's true. i have already updated the NAV radio in the wifes' TB twice with the new discs i got for it.
The article mentioned that used car buyers are more intent toward looking for deals than technology.
Just as there are many different cars & trucks as opinions, I do question the accuracy of the survey.
Just as there are many different cars & trucks as opinions, I do question the accuracy of the survey.
Valk18267
New Member
It has been my experience anytime you spend money on audio equipment for a vehicle you will not get back what was invested.
Ambalanche said:Nav systems can be upgraded, you just need the new dvd.?
Nav systems can't be upgraded with a DVD, just the maps. DVD's don't add bluetooth or XM/Sirus or iPod interface etc.
My point wasn't so much that the Nav wouldn't be functional or usable, just dated. It might just be me but I like my tech to be current.
Available adapters upgrade the system by add-on external hardware. As mentioned, the DVD updates the mapping info. As well with the DVD's, some nav system functionality is brought up to date.
02-Z66
Full Member
sperry said:
i agree with you 100%.
vaavalanche
Full Member
sperry said:
So you're saying that a DVD will bring a 3 year old factory nav up to the functionality and the capabilities of a high end Alpine, Pioneer or Kenwood system? I mean, a DVD that adds touch screen, video playback, multi screen outputs, voice recognition, pre-amp outputs, built in low pass filters and internal hard drives with Grace Note...I need to know where you're buying your DVD's, they're awesome. You might just put the aftermarket companies out of business.
This is truly a pointless disagreement because things are worth exactly what someone is willing to pay for them. For me, a factory nav isn't adequate while it seems others think it's great...who's going to be more willing to pay more for it?
I guess I don't understand the logic of paying a premium for a stock system you're going to try to upgrade to function like an aftermarket system when you could just have an aftermarket system, probably cheaper in the end.
I guess I don't understand the logic of paying a premium for a stock system you're going to try to upgrade to function like an aftermarket system when you could just have an aftermarket system, probably cheaper in the end.
It may not bring the capabilities to match all of that (though the newer factory units have much of it, and can be adapted to offer most of what they don't using aftermarket add-ons now).? That probably wasn't his point though.? It's most likely that if the used vehicle already has audio features that suit your desires, as well as the factory nav, then the nav can usually be brought fully up-to-date in terms of mapping (and sometimes software-based features) with a simple DVD update.vaavalanche said:
For example, my 2007 factory nav / dvd has touch screen, video playback, and voice recognition.? Additionally I'm fairly sure that multi screen outputs, pre-amp outputs, and low pass filters (additional amps and speakers too) can all be done with the right aftermarket add-ons, while retaining my factory headunit.? I can also make use of the IPOD adapters and the like to use the MP3 player's internal hard drives.? I have no clue what Grace Note is.? Sounds like a singer trying to hit High C or something though..
But, while I bought my Av loaded, the only real criteria I had was Nav, DVD capability, AM / FM / CD / XM satellite playback with decent quality and integrated backup camera.? I gave up on stadium sound years ago not long after I got married.? My wife never lets me keep it turned up as loud as I'd like anyway.? While many of those other features would be cool (hey, I'm a tech geek too), they weren't important one way or the other.? So if I was looking for a used vehicle and it had all the features I wanted and the ability to bring the nav maps up-to-date I'd probably go for it.? $600 (maybe $800 or so with the nav disc purchase) is still less than the cost for aftermarket Alpine or Pioneer units that did everything I wanted (gotta remember the installation costs- it needs to be done right by a professional so that it looks right and works right too).? I did the research on those early last year back before I decided to trade the Silverado in on the Av (at the time I was going to add that stuff to the truck instead).
Edit: I forgot to mention that the headunits alone with the basics of Nav / DVD playback were running at least $1300 at that point in time. Many made the nav functionality a separate plug-in box that was going to cost me even more. And that was before adding on the headrest screens, a rear-camera kit (maybe $200 for the one I found that would hide in my truck's tailgate handle bezel), or the installation.
USA1fan said:
Again, you are adding and adding to a stock system and you haven't added the cost of the installation on your estimate to the stock system btw. I have no doubt that a stock unit could be hobbled together with a bunch of aftermarket parts to do most of what an aftermarket system will do. No one is arguing with that but in the end you will end up with a bunch of adaptors and connectors and headaches when it could all be done at once. So if it costs a little bit more than a stock system (though with your list, not much) than what you get in return is a very clean and compatible system.
If you like the stock system and your not after a "knocking" system than great, I think there are some great stock navs out there...just not for me. If I'm paying for premium, I want premium, I want the latest greatest for my dollar. Going back to the original point of this post, stock nav systems bringing down the re-sale value of a car, I still agree. I view stock navs like I view a cassette player, it will do it's job but there is something better out there.
vaavalanche
Full Member
USA1fan said:
I just looked up the Nav upgrade at chevy.com and it's $2250 on a '07, +$200 to add XM and TrafficNav or Sirus aren't even an options. Oh ya, and you don't get to keep your stock head unit to sell on ebay if you want. So for about $200ish more than you can buy (at full retail) a Z1/Z2 you can have a much less capable system. No hard drive, yes you can add an iPod but so can the Avic and it has 10gigs built in, no bluetooth...not even an option thru GM, no grace note (displays artist and song name from cd, up-datable form their database as new albums come out for free), all in a half inch smaller screen.
As far as upgrade DVD's, everyone has them. You can upgrade a Z1 to a Z2 with a new DVD.
If you like the stock system and don't want a banging system, cool, but don't think you can convince me it's a good deal or works as well as some of the upper end aftermarket. Go to a stereo show sometime and see how many people are going home with trophies with stock h/u's.