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914World.com _ 914World Garage _ 914 Valuation Help

Posted by: Jack Daniels Mar 22 2006, 04:05 PM

I've posted this on Pelican and PCA Potomac, but I thought I'd post here too.

I'm getting ready to put my 914 on the market and I'd like some help with putting a price on it. A little history... My father bought it new in '74 and used it as a daily driver. He drove it for 10 years and it started getting old, having problems and he just let it sit. He ended up giving it to me and I put it in indoor storage for about 8 years or so. Then in the late 90's I began restoring it. I first removed the engine, cleaned it and replaced all the oil seals and everything else that was worn out. The fuel injection was not working so I replaced it with the single carb setup that you see in the pictures (I know, I know), but I have all of the FI components in a box in my attic. I've also replaced all the rubber fuel lines. It runs good even with the single carb, although I know it's a no-no. Now on to the good stuff. I have a friend who owned a bodyshop and was a hot rodder and very familiar with restoring cars. I gave it to him for however long it took and said make it look beautiful. He dissassembeled the entire car, removed the small amount of rust that was on the passenger side, painted it with the factory original blue metallic and charged me $4000. He put in a new windshield too. I also had four new struts put in at that time. When I got it home, I worked on the brakes, replaced a frozen caliper and all new brake cables. Just recently I put in a new master cylinder and a new set of pedal bushings. I'm trying to remember everything I've done, but it's been so much I may have missed something. I'll let the pictures speak for themselves. I really appreciate the help here and thanks in advance.

I'm posting links instead of images since they're so large.

http://www.stevenferris.com/914/914a.jpg
http://www.stevenferris.com/914/914b.jpg
http://www.stevenferris.com/914/914c.jpg
http://www.stevenferris.com/914/914d.jpg
http://www.stevenferris.com/914/914e.jpg
http://www.stevenferris.com/914/914f.jpg
http://www.stevenferris.com/914/914g.jpg
http://www.stevenferris.com/914/914h.jpg
http://www.stevenferris.com/914/914i.jpg
http://www.stevenferris.com/914/914j.jpg
http://www.stevenferris.com/914/914k.jpg
http://www.stevenferris.com/914/914l.jpg
http://www.stevenferris.com/914/914m.jpg
http://www.stevenferris.com/914/914n.jpg

Regarding the interior. I found an old guy in Manassas who worked out of his house and specialized in stitching interiors and tops for Porsches. He reupholstered the seats and the rear firewal cover using original-style materials. They look just like new.

I should add that the car has been stored indoors in my printshop (climate controlled) from the mid 80's until the resto in the late 90's when I sent it out for bodywork/paint. Since the resto, it has been garaged, covered and never driven in any kind of weather. That's about 20+ years of never getting wet.

Also, I went looking through my paperwork and found the original sales receipt, color chart and brochure for the car.

Posted by: Porsche Rescue Mar 22 2006, 04:14 PM

I think $6-7000. Maybe $500-1000 more with fuel injection installed and operating. I am accepting your description that there is no rust.

If it were mine, I would put it on Ebay with a fairly high resereve and see what happens.

Posted by: Part Pricer Mar 22 2006, 04:15 PM

Nice looking car.

OK, I'll ding you a bit for the carbs and a bit because it is a 1.8. Now, without going through the car and inspecting the usual areas (hell hole, longs, etc), let's just assume that they are in good shape.

Nice car, original color, documented history, the original parts to restore the FI, on the East Coast ---- I'd estimate a value of between $7,500 to $8,500

YMMV

Posted by: BigDBass Mar 22 2006, 04:17 PM

That's way too high. I think it's more like $1000, but if you act fast, Jack Daniels, I'll give you $2000!

Nice looking car!

Posted by: Jack Daniels Mar 22 2006, 04:20 PM

I've already been told to take a pics of the hell hole, which I'm going to do. I'm also going to get some close ups of the other usual problem areas before listing it. Regarding the FI, it's all in a box, but it's not working. That's why I removed it in the first place.

Posted by: Jack Daniels Mar 22 2006, 04:20 PM

QUOTE (BigDBass @ Mar 22 2006, 02:17 PM)
That's way too high. I think it's more like $1000, but if you act fast, Jack Daniels, I'll give you $2000!

Nice looking car!

Add a zero and it's yours!

Posted by: johannes Mar 22 2006, 04:52 PM

That's a beauty !

Let fix the FI and sell it at Automobile Atlanta's website for 12.000 ...

Posted by: Jack Daniels Mar 22 2006, 05:25 PM

I just want to say, you guys are badass! Thanks for the responses.

Posted by: Jack Daniels Mar 22 2006, 07:18 PM

Check these out....

http://www.stevenferris.com/914/914bro1.jpg
http://www.stevenferris.com/914/914bro2.jpg
http://www.stevenferris.com/914/914colorbro1.jpg
http://www.stevenferris.com/914/914colorbro2.jpg
http://www.stevenferris.com/914/914salesreceipt.jpg

BTW, the sales receipt says sunflower yellow. My dad changed his mind to alaska blue metallic.

Posted by: LvSteveH Mar 22 2006, 09:27 PM

$95 for an AM radio in '74! Imagine what they are worth today with inflation and appreciation.

Oh, and can I get the link to "Holly's Shower"

Posted by: boxstr Mar 22 2006, 09:48 PM

I have one at CAMP 914 73, 1.8 Marathon blue, but stock injection that I am having a hard time selling at $6500. Good luck at anything over that.
CCLINSALESAREHAPPENING

Posted by: Jeff Bowlsby Mar 22 2006, 10:02 PM

This is my take on it from my post on PP, thanks for validation Craig, you more than anyone here should know West coast prices. There is some validity to a higher price on the East coast.

QUOTE
Nice looking car Steve. It seems to be in good condition, but some of the important things you do not mention or show a photo of. If you try to sell it off these photos show more details of:

battery tray and abyss
longs
rear trunk floor
front trunk floor and weatherstrip channels
floors behind seats.

Tell us about miles on the engine, and major repair history (rebuilt engine?).

Assuming all is good, given that it is a 1.8 and the single carb, I would think in the neighborhood of $5.5-6.5K.

Posted by: anthony Mar 22 2006, 10:10 PM

Nice 1.7s and 1.8s are topping out around $5K. With new paint, maybe you can get $6K. No harm in putting it on ebay with a reserve and seeing what happens.

FWIW, when I look at the pics I see a cracked dash ($550) and rusted, wavey bumper tops (another $500) as expenses needed to make the car as nice as it should be. Also, the aftermarket wheels detract from the car (for my tastes). I think a set of 2L Fuchs would get you a higher end price.

I'd keep the car. I guarantee that you will regret selling it. :-)

Posted by: Jack Daniels Mar 23 2006, 05:56 AM

QUOTE (LvSteveH @ Mar 22 2006, 07:27 PM)
$95 for an AM radio in '74! Imagine what they are worth today with inflation and appreciation.

Oh, and can I get the link to "Holly's Shower"

Posted by: Jack Daniels Mar 23 2006, 06:03 AM

QUOTE (anthony @ Mar 22 2006, 08:10 PM)
Nice 1.7s and 1.8s are topping out around $5K. With new paint, maybe you can get $6K. No harm in putting it on ebay with a reserve and seeing what happens.

FWIW, when I look at the pics I see a cracked dash ($550) and rusted, wavey bumper tops (another $500) as expenses needed to make the car as nice as it should be. Also, the aftermarket wheels detract from the car (for my tastes). I think a set of 2L Fuchs would get you a higher end price.

I'd keep the car? I guarantee that you will regret selling it. :-)

I'm sure I will regret it someday. I've regretted selling a lot of my past cars, but the fact is, I'm more of an American V8 hotrod guy and I really just don't enjoy driving this car. All it's done for years is take up a space in my two car garage with a very occasional drive. I want my garage back.

Posted by: vesnyder Mar 23 2006, 08:17 AM

Here is one on eBay that I've been tracking that has to bring the max anyone can expect - assuming it is as described.

At what point will we see some level of appreciation on these cars? I am continuing my budget restoration but would like to think that we would see at least 5-10% appreciation per year - or is that optimistic?

Here you go ... sorry? (to much multi-tasking?)
http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&rd=1,1&item=4623098093&sspagename=STRK%3AMEWA%3AIT

Posted by: Jack Daniels Mar 23 2006, 08:57 AM

QUOTE (vesnyder @ Mar 23 2006, 06:17 AM)
Here is one on eBay that I've been tracking that has to bring the max anyone can expect - assuming it is as described.

At what point will we see some level of appreciation on these cars? I am continuing my budget restoration but would like to think that we would see at least 5-10% appreciation per year - or is that optimistic?

Link?

Posted by: olav Mar 23 2006, 10:09 AM

QUOTE (Jack Daniels @ Mar 23 2006, 04:03 AM)

QUOTE (anthony @ Mar 22 2006, 08:10 PM)
Nice 1.7s and 1.8s are topping out around $5K. With new paint, maybe you can get $6K. No harm in putting it on ebay with a reserve and seeing what happens.

FWIW, when I look at the pics I see a cracked dash ($550) and rusted, wavey bumper tops (another $500) as expenses needed to make the car as nice as it should be. Also, the aftermarket wheels detract from the car (for my tastes). I think a set of 2L Fuchs would get you a higher end price.

I'd keep the car? I guarantee that you will regret selling it. :-)

I'm sure I will regret it someday. I've regretted selling a lot of my past cars, but the fact is, I'm more of an American V8 hotrod guy and I really just don't enjoy driving this car. All it's done for years is take up a space in my two car garage with a very occasional drive. I want my garage back.

If you want your garage back just sell it for what you paid for it if you can get that and move on.

Posted by: anthony Mar 23 2006, 10:32 AM

QUOTE (Jack Daniels @ Mar 23 2006, 05:03 AM)
but the fact is, I'm more of an American V8 hotrod guy and I really just don't enjoy driving this car.

You definitely need to find a twisty country road to exercise this car on.

These clean 1.7s sure look like great conversion cars (big 4 or 6). :-)

Posted by: boxstr Mar 23 2006, 12:00 PM

Jeff, one thing, It is an East coast car on the East coast. I don't see anymore value added for that??
West coast car on the East coast usually will add value.
I have to agree, sell it, be happy with what you get out of it and move on to a Hemi V8 Mopar or Big Block Chevy or something that is more to your liking.
EBAY cars are not a true indicator of value. Any auction is swayed in one or more ways.
This particular car is, In my opinion at the top for value. And I have seen the pics and spoken to the seller.
CCLINITSGOTAHEMI

Posted by: Jack Daniels Mar 23 2006, 01:56 PM

QUOTE (olav @ Mar 23 2006, 08:09 AM)

QUOTE (Jack Daniels @ Mar 23 2006, 04:03 AM)

QUOTE (anthony @ Mar 22 2006, 08:10 PM)
Nice 1.7s and 1.8s are topping out around $5K. With new paint, maybe you can get $6K. No harm in putting it on ebay with a reserve and seeing what happens.

FWIW, when I look at the pics I see a cracked dash ($550) and rusted, wavey bumper tops (another $500) as expenses needed to make the car as nice as it should be. Also, the aftermarket wheels detract from the car (for my tastes). I think a set of 2L Fuchs would get you a higher end price.

I'd keep the car? I guarantee that you will regret selling it. :-)

I'm sure I will regret it someday. I've regretted selling a lot of my past cars, but the fact is, I'm more of an American V8 hotrod guy and I really just don't enjoy driving this car. All it's done for years is take up a space in my two car garage with a very occasional drive. I want my garage back.

If you want your garage back just sell it for what you paid for it if you can get that and move on.

Well, I think I should sell it for whatever the car's current market value is don't you? The real value of an old car is not a straightforward thing. I'm just trying to learn about the ins and outs of the current 914 market. The car cost me nothing up front, but I have a ton of my personal time and quite a few thousand dollars of my money in restoring it.

Posted by: johannes Mar 23 2006, 03:49 PM

In Europe you pay about 30 to 50 % more for the same car ... But 914 are very rare cars on this side of the Atlantic.
There are more and more german importing 914 from California and doing business with this.

http://www.mobile.de/SIDeeyKVV8eKfqIPbJhXymy3Q-t-vaNexlCsCsK~BmSB11Iindex_cgiJ1143153899A1D1100CCar/cgi-bin/index_cgi.pl?_form=search&sr_qual=GN&sr_make=20100&sr_modelId=9&sr_model=&sr_priceFrom=-2&sr_priceTo=-2&sr_category=1100&sr_powerFrom=-2&sr_powerTo=-2&sr_registrationDateFrom=-2&sr_registrationDateTo=-2&sr_mileageFrom=-2&sr_mileageTo=-2&sr_country=-2&sr_zip=&sr_zipRadiusTo=-2&doSearch.x=50&doSearch.y=6 see the US specific turn lights

Posted by: Jack Daniels Mar 25 2006, 04:10 PM

Some more pics for those who asked...

http://www.stevenferris.com/914/914o.jpg
http://www.stevenferris.com/914/914p.jpg
http://www.stevenferris.com/914/914q.jpg
http://www.stevenferris.com/914/914r.jpg
http://www.stevenferris.com/914/914s.jpg
http://www.stevenferris.com/914/914t.jpg
http://www.stevenferris.com/914/914w.jpg
http://www.stevenferris.com/914/914x.jpg
http://www.stevenferris.com/914/914y.jpg
http://www.stevenferris.com/914/914z.jpg