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914World.com _ 914World Garage _ I think we need to have an intervention
Posted by: JamesM May 13 2015, 10:34 PM
Seriously 27k for an admittedly non matching LE?!?! Hell even if it was matching its no 27k car.
Not meaning to knock whoever car this is, and i really hope they find someone dumb enough to drop 27k here, or even 17k, but come on!!!
http://www.ebay.com/itm/Porsche-914-Limited-Edition-Bumblee-/221772262362?forcerrptr=true&hash=item33a2a82bda&item=221772262362
Posted by: Mike Bellis May 13 2015, 10:39 PM
Seriously 27k for an admittedly non matching LE?!?! Hell even if it was matching its no 27k car.
Not meaning to knock whoever car this is, and i really hope they find someone dumb enough to drop 27k here, or even 17k, but come on!!!
http://www.ebay.com/itm/Porsche-914-Limited-Edition-Bumblee-/221772262362?forcerrptr=true&hash=item33a2a82bda&item=221772262362
A restored matching number LE is worth more than $30k. This car would need a PPI but may be worth the asking price.
It's only worth what someone will pay...
Posted by: MoveQik May 13 2015, 11:32 PM
Look....for the sake of 914's in general, I hope they get it. That said, every time an LE comes up for sale I crack up at the description. The "rarity" factor is on display in every other sentence but yet nobody will pay much of a premium compared to a similar restored, numbers matching 2.0, non-LE car. Plain and simple. I hear tales of LE's being worth three times as much as a comparable non-LE 2.0 but much like a unicorn, nobody has seen it.
Posted by: sixnotfour May 13 2015, 11:54 PM
My Mom wanted me to buy a bumble bee when I was 18yrs old..
I said to her "Mom I want a Six not a Four"...I already had Sport Bug super beetle with cool seats, steering wheel, and stripes and black anodized trim ..hey how many of those VW's did they make ???
"whatever the market will bear" the long tested statement of all Things for Sale..
Good Luck to all with sales 
Posted by: somd914 May 14 2015, 03:56 AM
As been mentioned in other threads, there are countless "limited edition" trim packages throughout Porsche's history, but for some reason the LEs are making noise. As previously mentioned, it is worth what people will pay, the real question is what is the value down the road? Could be more, could be less... if I were looking for an investment car, I'd look elsewhere because looking at the rest of the car market, LE asking prices make no sense, thus more likely to fall in my opinion.
As for wanting 914 prices to escalate, be careful of what you ask for. This typically means increased parts prices, fewer actually being driven, and a owner attitude different from what we find our community now.
Posted by: rhodyguy May 14 2015, 07:03 AM
An increase in part pricing? Really? You would never know it by the asking prices for parts in the classifieds.
Posted by: somd914 May 14 2015, 04:56 PM
An increase in part pricing? Really? You would never know it by the asking prices for parts in the classifieds.
I never said they have gone up, I just cautioned that for those who want to see 914 prices escalate, parts prices will likely climb also.
And as for a changing community, well, I like it just the way we are...
The 914 Community:
The 356 Community:
Posted by: wndsnd May 14 2015, 07:15 PM
Posted by: ripper911 May 14 2015, 07:24 PM
Posted by: Martin Baker May 14 2015, 08:07 PM
I was recently asked what I thought my car was worth, so we looked it up using the NADA Classic Car Site. I was a bit more than "shocked"
I am aware that this is a guide, but these cars are on the move, which is good and bad.
If you read close, in the car description area, this estimate does not include very high end restorations. Only high quality drivers, and down.
http://www.nadaguides.com/Classic-Cars/1973/Porsche/914/2-Door-Targa-2-0/Values
Posted by: r_towle May 14 2015, 08:54 PM
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Attached image(s)
Posted by: somd914 May 15 2015, 03:55 AM
I was recently asked what I thought my car was worth, so we looked it up using the NADA Classic Car Site. I was a bit more than "shocked"
I am aware that this is a guide, but these cars are on the move, which is good and bad.
If you read close, in the car description area, this estimate does not include very high end restorations. Only high quality drivers, and down.
http://www.nadaguides.com/Classic-Cars/1973/Porsche/914/2-Door-Targa-2-0/Values
I agree prices are increasing, but based on those I've seen up for sale, I'd believe Hagarty's pricing more which show similar dollar values but associated with higher end cars:
https://www.hagerty.com/valuationtools/HVT/VehicleSearch/Report?vbe=61341
Based on NADA my 914 has appreciated approximately 50% in the 4+ years I've owned her and almost worth as much as my '84 911, but yet NADA shows my 911 has been flat for the 2.5 years I've owned her which is definitely contrary to the market and Hagarty.
But as you say, these are guides, and from what I've seen, classic Euro cars as a whole seem to be on the rise. It's reminding me of the muscle car boom of several years back.
Posted by: mepstein May 15 2015, 04:39 AM
I was recently asked what I thought my car was worth, so we looked it up using the NADA Classic Car Site. I was a bit more than "shocked"
I am aware that this is a guide, but these cars are on the move, which is good and bad.
If you read close, in the car description area, this estimate does not include very high end restorations. Only high quality drivers, and down.
http://www.nadaguides.com/Classic-Cars/1973/Porsche/914/2-Door-Targa-2-0/Values
I agree prices are increasing, but based on those I've seen up for sale, I'd believe Hagarty's pricing more which show similar dollar values but associated with higher end cars:
https://www.hagerty.com/valuationtools/HVT/VehicleSearch/Report?vbe=61341
Based on NADA my 914 has appreciated approximately 50% in the 4+ years I've owned her and almost worth as much as my '84 911, but yet NADA shows my 911 has been flat for the 2.5 years I've owned her which is definitely contrary to the market and Hagarty.
But as you say, these are guides, and from what I've seen, classic Euro cars as a whole seem to be on the rise. It's reminding me of the muscle car boom of several years back.
Mid 80's 911 have almost doubled in the last couple years. I used to see nice cars selling for 15-20k, now they are all 30-40. And they sell for that price, not just list. It's a rare 914-4 that sells for more than 30k
Posted by: rick 918-S May 15 2015, 07:51 AM
I would pay that price for the right car. But I'm crazy like that.. 
BTW: the right car would not include a picnic basket...
Posted by: r_towle May 15 2015, 08:09 AM
I predict we break the 20k barrier and stay north of that this year.
We are close to it now, but given supply and demand on other models, we are the last way in for short money....so 20k is a valid number.
I dont see 30k for a while unless its a gem.
rich
Posted by: JmuRiz May 15 2015, 08:24 AM
I have no issues with the seller asking that. Doesn't mean anyone will actually pay it, but there's no harm in asking.
If I put an ad for my car I'd list it at 2x that it's worth, just because I don't ever want to really sell it.
Posted by: Big Len May 15 2015, 08:39 AM
It could be that Hagerty and NADA have a higher guide because they want to get higher premiums. In the NADA link, a 1973 2.0's average retail is over $23K. Even for a prime car, that seems a little high, maybe by just a few thousand.
I agree with Rich that $20K is getting more typical. And if that is the case, as I said before, make sure that rise is calculated into your insurance value.
Posted by: mepstein May 15 2015, 09:16 AM
It could be that Hagerty and NADA have a higher guide because they want to get higher premiums. In the NADA link, a 1973 2.0's average retail is over $23K. Even for a prime car, that seems a little high, maybe by just a few thousand.
I agree with Rich that $20K is getting more typical. And if that is the case, as I said before, make sure that rise is calculated into your insurance value.
The problem is it usually takes $30k to get your car up to a $20k value
Posted by: eric9144 May 15 2015, 09:22 AM
Like Len pointed out, I just readjusted my AAA classic policy to $25k and they didn't blink an eye at that value...
Many of us are in denial that the prices are going up as much as they are, hell I paid $4300 for my car in the early-mid 90's from the original owner
Posted by: wes May 15 2015, 09:29 AM
It could be that Hagerty and NADA have a higher guide because they want to get higher premiums. In the NADA link, a 1973 2.0's average retail is over $23K. Even for a prime car, that seems a little high, maybe by just a few thousand.
I agree with Rich that $20K is getting more typical. And if that is the case, as I said before, make sure that rise is calculated into your insurance value.
The problem is it usually takes $30k to get your car up to a $20k value
Posted by: somd914 May 15 2015, 01:22 PM
Like Len pointed out, I just readjusted my AAA classic policy to $25k and they didn't blink an eye at that value...
Many of us are in denial that the prices are going up as much as they are, hell I paid $4300 for my car in the early-mid 90's from the original owner
I'm not in denial, I just disagree with NADA's numbers. Based on what I've seen advertised between here, Pelican, Hemmings, E-Bay, Craigslist, etc I feel Hagarty's numbers are are more realistic for both 914s and 911s, especially if you follow their condition guide.
As for insurance, since most of us likely pay based on agreed value, trumping up the values doesn't work in insurance companies favors. It only penalizes us if we undervalue our own cars since we won't get market price in a settlement, thus we'll be paying out of pocket to replace it. If we over value it, well then I have spare cash to buy everyone beer!
Don't get me wrong, I like owning an appreciating toy for a change - beats the hell out of the sailboat in that respect... But I'd hate to see 914s go the same way as early 911s, 356s, and of recent, 930s. For those looking to sell, it's great, for those looking to own and drive, then pass on to my car enthusiast sons, it's not necessarily good news.
Posted by: worn May 15 2015, 08:13 PM
Look....for the sake of 914's in general, I hope they get it. That said, every time an LE comes up for sale I crack up at the description. The "rarity" factor is on display in every other sentence but yet nobody will pay much of a premium compared to a similar restored, numbers matching 2.0, non-LE car. Plain and simple. I hear tales of LE's being worth three times as much as a comparable non-LE 2.0 but much like a unicorn, nobody has seen it.
I saw a unicorn. My wife took me to see Harry Potter.
Posted by: Porschef May 16 2015, 01:23 PM
An increase in part pricing? Really? You would never know it by the asking prices for parts in the classifieds.
I never said they have gone up, I just cautioned that for those who want to see 914 prices escalate, parts prices will likely climb also.
And as for a changing community, well, I like it just the way we are...
The 914 Community:
The 356 Community:
Hey what happened to the 356 crowd pic?
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