Reissued VIN, how does it effect the value of a Syclone?

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nickerz

Member
If a non-Syclone VIN is reissued, how does that effect the value of the truck? I'm looking at a second truck right now that had the cab replaced. It is an original Syclone, but the cab was replaced giving it a non-Syclone VIN. Frame is still stamped original.
 
JSM

JSM

Active member
Re: Reissued VIN, how does it effect the value of a Syclone?

Value long term is 1/2 IMO
 
N

nickerz

Member
Re: Reissued VIN, how does it effect the value of a Syclone?

TwinTurboV8Ty said:
Value long term is 1/2 IMO
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Certainly worth more than a legit roller though right?

I mean I bought mine with ~90K on it in sound mechanical condition with a relatively recent paint job for $8750. As I understand it a clean roller is worth $6500. I can't see this reissued sy being only worth $4375.
 
TNPhoon

TNPhoon

1of28
Re: Reissued VIN, how does it effect the value of a Syclone?

nickerz said:
Certainly worth more than a legit roller though right?

I mean I bought mine with ~90K on it in sound mechanical condition with a relatively recent paint job for $8750. As I understand it a clean roller is worth $6500. I can't see this reissued sy being only worth $4375.
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If you have documentation and proof of it being a legit Syclone w/ only the cab being replaced (and assuming that the entire cab was re-done so it's all original sy too?) then you have a better leg to stand on when re-selling. Why was the cab removed anyways?

IMO, it's worth what someone is willing to pay for it. If you try and sell it/trade it in at a dealership, it will be valued ridiculously low. If you are selling to a private seller and have the story and proof to back it up, if everything checks out, they won't give you full market value but I don't think they would expect a 50% hit.
 
TNPhoon

TNPhoon

1of28
Re: Reissued VIN, how does it effect the value of a Syclone?

And also, assuming that the title is now branded, yes?
 
ajt86

ajt86

Member
Re: Reissued VIN, how does it effect the value of a Syclone?

its worth whatever someone will pay. I bought a fairly clean typhoon from a guy for 5K because it has a small amount of rust and a state reissued VIN number. in NY apparently when a car gets stolen and recovered they remove the VINs and put NY-serial numbers in their place. the "half" value people use is based on collectability. If you have 2 nice rust free 100K driver syclones for sale- one has a VIN issue and the other doesn't- I cant see a 10K truck being worth 5k, maybe knock 25% off. If it was a low mileage pristine truck then yes it kills the collectability of it and its definatly worth half.
 
N

nickerz

Member
Re: Reissued VIN, how does it effect the value of a Syclone?

TNPhoon said:
If you have documentation and proof of it being a legit Syclone w/ only the cab being replaced (and assuming that the entire cab was re-done so it's all original sy too?) then you have a better leg to stand on when re-selling. Why was the cab removed anyways?

IMO, it's worth what someone is willing to pay for it. If you try and sell it/trade it in at a dealership, it will be valued ridiculously low. If you are selling to a private seller and have the story and proof to back it up, if everything checks out, they won't give you full market value but I don't think they would expect a 50% hit.
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Thanks this is very helpful. The truck had a botched custom door job on it and resulted in needing a new cab.
 
N

nickerz

Member
Re: Reissued VIN, how does it effect the value of a Syclone?

DaveP said:
Which VIN is on the Title? The cab's VIN or the Syclone's VIN?

If it's the Syclone VIN, they should have transferred the original VIN tag to the 'new' cab. Contrary to popular belief, it IS legal to transfer the plate to another part during maintenance or repairs. You then have the pop-rivet instead of rosette rivet problem, but than can be covered with documentation.

If they have the original VIN tag, AND the original Syclone VIN is still on the Title, get the Syclone VIN tag with the purchase. Next time the windshield is out, roll the IP back and change the tag. Just be sure to document and record the "story" as you go. (In case someone catches the rivets). Again, nothing illegal about doing this. The cab replacement is a legitimate repair.

If the donor cab's VIN is on the title, I'd be very wary of the deal, unless you know the details of the swap personally, and trust the participants. No one wants to be found to be in possession of stolen property. It becomes your nightmare if something shady went down in the past and comes to light under your ownership. And hence the diminished value of a "re-VIN'd" Syclone. Most purchasers are skeptical of a re-VIN, and know that they will have to face skeptical buyers when they go to sell it. Rinse and repeat for the remainder of that Sy's life.
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This is a known Sy on this site.... so trust is not so much of a problem. It has a state ID#. I'm not sure what this means yet.
 
N

nickerz

Member
Re: Reissued VIN, how does it effect the value of a Syclone?

DaveP said:
Do your homework and research what similar condition and content Syclones have recently sold for. Try to get a feeling for what you would / should pay if it had a normal VIN. You certainly wouldn't want to pay more for this one that you would for one with a clean title. Then discount from that value for the title problem. I realize you're asking for help in determining what that discount should be, but in the end, only you can decide if you like the price. Keep in mind that the seller will have to face this issue with any potential buyer, not just you. Some folks just won't deal with branded titles. So his pool of potential purchasers is smaller with this truck. They're harder to sell, that makes them worth less. But only you can make the final determination to how much less.

Good Luck
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I'm thinking it basically has to be valued as a clean salvage truck. I know it's technically not salvaged, but this is really IMO a debate about "what are things people who buy rare cars want in their vehicle, and what is the value of that?"

This is more or less a "brand" as far as I'm concerned even if there is no such thing. For a 1994 Z28, it wouldn't really matter. But for a one in 2995 truck, it does matter. Even if it harbors part of the "soul" because underneath it all it still has the heart of its original number, whoever owns it will have to explain that yes it used to be that number, but now it has a state issued VIN.

Some people with think its still the original number, others will say that number died. And thus, I feel that a salvage value is actually probably appropriate. That being said, I'll be looking at a clean salvage number.
 
Logan

Logan

Member
Re: Reissued VIN, how does it effect the value of a Syclone?

It really depends on what you plan to do with it. If it is a collectors / investment purchase I would shy away but for a DD/ for the fun of it truck I say it is whatever you feel comfortable with. I think it puts you in an advantageous position with that bit of info.
 
warmpancakes

warmpancakes

New member
Re: Reissued VIN, how does it effect the value of a Syclone?

DaveP said:
If it's the Syclone VIN, they should have transferred the original VIN tag to the 'new' cab. Contrary to popular belief, it IS legal to transfer the plate to another part during maintenance or repairs. You then have the pop-rivet instead of rosette rivet problem, but than can be covered with documentation.
/QUOTE]

moving a VIn can be done by certain persons
and that list of certin person varies state to state



page 15 of this document

http://www.gpo.gov/fdsys/pkg/STATUTE-98/pdf/STATUTE-98-Pg2754.pdf

covers the law
reguarding vin moving ,



http://www.justice.gov/usao/eousa/foia_reading_room/usam/title9/crm01364.htm

also once a assigned VIN is assigned you cant unring that bell, the old VIN is dead
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