Determining the value of a Highly Customized Mod-Sled??

OK Peeps, help me out here.
With my new Viper snow checked its time to find a new home for the SnoWest Project Sled "Nytrocity".
But to be honest, I don't have a clue what the value of the sled is.
The reality is that what I have invested in it over the last 4 years probably has little or no real bearing on its resale value.

How do you determine a fair market value of a mostly one of a kind sled?

2010 Yamaha Nytro MTX 162 SE.
http://www.snowest.com/forum/dto_garage.php?do=editvehicle&v=1782

<table cellpadding="0" cellspacing="0" border="0" height="545" width="425"><colgroup><col style="mso-width-source:userset;mso-width-alt:12105;width:248pt" width="331"> </colgroup><tbody><tr style="height:15.0pt" height="20"> <td style="height:15.0pt;width:248pt" height="20" width="331">Antigravity 12cell Lithium Battery</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">AVID Drivers
Dunatic Polished Tunnel
HID Light Conversion
</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">Jacobson Anti-Rollover Kit</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">KMOD Suspension</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">Koso X2 Boost, Temp, Air-Fuel gauge</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">MPI Supercharger w/ Inter-cooler "9.5psi"
</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">OFT Racing Steering Post Relocater
PsychoSled BOV
</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">PsychoSled "Secret Squirrel" Clutch Kit</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">PsychoSled Bridge Fuel Controller</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">Raptor Clicker Shocks, front and rear.
</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">Roest Racing Instrument Panel Mount</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">Roest Racing Instrument Panel Vent</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">Roest Racing Skid Plate</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">Simons Gen III skis</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">SKINZ, Rear Bumper</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">SKINZ Concept A-Arms</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">SKINZ, Air Frame Boards</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">SKINZ, Air Frame Seat & Storage Bag
</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">SKINZ, Front Bumper
SKINZ Tunnel Bag
SKINZ Tunnel Brake Light
</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">SKINZ, Under the Tunnel Exhaust Conversion</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">TrailTank Fuel Tank</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">TS Fabrications HD Oil Tank</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">Yamaha Ascent Track</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">Yamaha Hand Guards</td> </tr> <tr style="height:15.0pt" height="20"> <td style="height:15.0pt" height="20">YamaHeater Hand Warmers</td> </tr> </tbody></table>
It should be noted that..

1. There are NO known electro-mechanical problems with this sled.
It runs GREAT.

2. It is being sold only because I need a new project sled to keep modifying and writing about on SnoWest.

3. Darn near every modification listed above is HEAVILY documented here in the Yamaha forum, so it's history is well established.

4. Sled will come with all of it's OEM Parts.


Picture of sled about half way along the journey of being transformed into the above list.
Photos are for example only and do NOT show exactly how the sled looks today.
When I put it up for sale, I will post detailed photos of exactly how she looks now.




So the Ten Thousand Dollar question is

Thats why I opened up this thread.
To get some real world input.

Lets get some more comments???

Snow Duck said:

I hate the whats it worth?? its worth what you value it at...you allready know you will never get close to what you have into it so lets do a give away! lol. no really wounded worrior project could be a huge tax write off!

Click to expand...

At the end of the day its only WORTH what someone else is willing to PAY for it.

I am VERY fortunate in that because this is part of my business, I do NOT have to try and wring out every possible penny from reselling this sled. This was a project sled, and while I spent a pile of money on her over the years, she has more than paid her own way in teaching me about the moding community and what really drives the mountain portion of our sport. Nytrocity was my BAPTISM BY FIRE so to speak. She quite literally taught me everything I know about sledding.

Someone is going to get a "sweet" sled and a "Sweatheart" deal once I figure out a "Reasonable" amount to ask for her.

Invested: $25,000 EASILY

Resale Value: Still Unknown....

Is she worth HALF?
$12,500

Is she worth 40%?
$10,000

=====

Book Value on the base unmodified sled.

From NADA
http://www.nadaguides.com/Motorcycles/2010/Yamaha/FX10M62SZB-NY-MTX-SE-1049cc/Values

Low Retail = $6,450
Average Retail = $8,495


From Kelly Blue Book
http://www.kbb.com/snowmobile/retail/2010/yamaha/fx-nytro-mtx-se-162/266624/

Suggested Retail Value $7,325

Wheel House Motorsports said:

if your luck 12-14k... especially this time of year.i have sort of lost track of the value of sleds like that.

In general, if you go wild on detail and expensive trinkets, expect about 1/3 what you have invested seems to be a fair number.

If you have just the bare bones stuff, boost, track, skid, etc. then you can maybe get half what you have tied up into it.

nice sled, but once the viper came out, SO many people ditching highly modded nytros.

Click to expand...

If I got HALF for the sled I would be very happy, and consider that a win-win for me and the new owner.

Time is on my side with this one.
Don't need to have her sold for 6 months, so I can be patient and look for the right home for her.

freeflorider said:

Thinking you already know the answer Chris, have a look at all the top nytro mods sleds and see what there selling for...surly a lot less then there asking on sw.
Maybe you should just keep it, seems like old retro sleds might be making a come back.
Might be worth more in 10 yrs then it's worth now.

Click to expand...

I considered keeping her as a backup sled.
But given the nature of my business I REALLY need to move up to the current sled that yamaha is offering and try hard to keep up with the evolving technology.

I am actually toying with the idea of selling my 2nd nytro as well and getting Two Vipers.

One that will remain a stocker and one that will evolve into another full mod sled over the next few years.

Having never sold a used sled before, this is all part of the learning process for me..

sledheadd said:

My best guess on it's value would be $8500- $ 10,000 here in canada
I have an 08 nytro with roughly $40 k in it and would be lucky to get $11-12 k for it
I would keep the Kmod and install it in the viper, I have already asked Kevin and with different cross shafts it will work.

Click to expand...

Isn't that just tragic ?
What is it about Mod Sleds that they hold such a tiny amount of their value?

mysledblows said:

Half the fun is the build. It's done and we are sick of them and ready to build something new and shiny.

Click to expand...

ABSOLUTELY.
The build was easily half the fun.
Its what got me through the long hot misserable summer.
Kept me looking forward to WINTER...

But that doesn't explain why this vehicle has so little resale value compared to others?

I guess depending on how it was insured that might not have been a horrible solution


Sent from my iPad using Tapatalk 2 pro.