'71 914/6 valuation Options

[Rav914]

I know, these threads are as common as the sunrise, however....tell me if my offer is fair.

A neighbor of mine has a '71 914/6. It has been sitting on jacks for at least 15 years. It's original, complete and stripped down ready for paint. No rust, motor disassembled, steelies, Ivory/black, plus it's a '71 - rare.

I've been politely asking him if he wants to sell for a few years but have not offered a price. He kindly defers, saying "Maybe next year". First person to state a number loses right? Well I want the car as a project and am willing to put a price out there regardless. I was thinking of $15K (If that doesn't work I'll offer up my silver/red '74 911S as a trade. I'm selling the car anyway.)

I know it needs just about everything, I'm thinking $25K more through the next few years. Does $15K sound about right?

Thanks,
Nate

[carr914]

I would say that $15k would be High for a Project

You will have to budget for the Following

$5,000 for Paint
$2,000 for Bodywork - you said no Rust, but I would think it would need something
$5-10,000 for Engine & Tranny Rebuild
$2-3,000 on Interior?
$700-1,000 for PMB Rebuilt Brakes
$1-1,500 for Wheels & Tires to replace the Steelies

So that's about $22k without buying wierd parts and this would get you in Today's Market a $35k car

Depending on the condition of the 74S, I'd trade him

[SirAndy]

I would say that $15k would be High for a Project

(IMG:style_emoticons/default/agree.gif)
I think $15k is on the high end for a non running project.

Make sure it's really all numbers matching and there's no nasty surprise in the floorboards or longs.


That reminds me, i need to get going on my /6 ...
(IMG:style_emoticons/default/rolleyes.gif)

[Rav914]

Copy. Thanks for the inputs, that helps.

Nate

[RFoulds]

Copy. Thanks for the inputs, that helps.

Nate

There is a similar car on E Bay right now. numbers matching 6 project. Bidding is already over $16k, with 7 days to go. Its hard to believe, but I think even a basket case original 6 is now worth $20k.

[Drums66]

......I agree with the cats above...not economically viable? (IMG:style_emoticons/default/idea.gif)
(IMG:style_emoticons/default/flag.gif) (but what real six is??)putting 1 together?
(IMG:style_emoticons/default/bye1.gif)

[RFoulds]

Buying a project, restoring or rebuilding it, and then trying to sell at a profit isn't the way to value this car, though.
If you get it for $15k, how much do you have to spend before it is drivable? $5-10k maybe?
Then having a driver grade -6 for under $25k would be a decent deal right now. If values keep climbing, and you restore as you go, you could be driving and enjoying a $50k car before long.

[Drums66]

.....Remember you're looking waaaaaaay down the road??.....do you have
the patience for this undertaking....so many factors play into this purchase? (IMG:style_emoticons/default/idea.gif) for example wife&ducats?
(IMG:style_emoticons/default/bye1.gif)(if you're single way cool)

[Spoke]

Pretty amazing how much one can put into an original 914/6. Matching numbers would be a necessity.

I love the 914's but with that kind of cash, you could buy a rocketship of a (turn-key: turn the key and drive like hell) 911. I paid less than $20K for my zero rust original '86 turbo.

[Rav914]

Yeah I understand all the angles. Not looking to squeeze any money out of this one. I've had a number of other cars and a /6 is the only Porsche left I really want. I do almost all of my own work except for machining (sixnotfour) and calipers (PMB), so I could get it on the road for a reasonable cost.

I could probably buy an early 930 for the money, a brilliant 911SC, 3.2 Carrera or even a 964, but hey, life is short.....

Thanks,
Nate

[carr914]

Copy. Thanks for the inputs, that helps.

Nate

There is a similar car on E Bay right now. numbers matching 6 project. Bidding is already over $16k, with 7 days to go. Its hard to believe, but I think even a basket case original 6 is now worth $20k.

I disagree - the eBay car is a running, driving car that might be a Detail job away from being a good driver

\
If you get it for $15k, how much do you have to spend before it is drivable? $5-10k maybe?
Then having a driver grade -6 for under $25k would be a decent deal right now. If values keep climbing, and you restore as you go, you could be driving and enjoying a $50k car before long.

Again I disagree - there is No Way that you can paint & build an engine for a -6 for under $10k, even if you wanted a RatRod. And then you haven't talked Brakes, Tires, Fuel Lines, Gauges, Interior, etc.

A project car is just that and should be priced accordingly

[RFoulds]

My numbers were assuming he does his own work. Doing your own engine build and refresh of all cosmetics.

[racerbvd]

Pretty amazing how much one can put into an original 914/6. Matching numbers would be a necessity.

I love the 914's but with that kind of cash, you could buy a rocketship of a (turn-key: turn the key and drive like hell) 911. I paid less than $20K for my zero rust original '86 turbo.

Boy, do I know that, descent, not great (wrong color) matching # 914-6, $22K, freshen engine & tranny, bare metal (gotta make sure all rot is taken care of) respray back to correct color, freshen int, susp & anything else and after all of that, could have taken the same $$$ currently spent & bought a 993TT (IMG:style_emoticons/default/wacko.gif)
But that wouldn't be a basicly brand new, matching numbers 914-6, would it. See my blog for pix & links..

[0396]

Well,if you provide me his # I can call and off him 6k for the lot as its a kit car of sorts (IMG:style_emoticons/default/smile.gif)

[sixnotfour]

29k craigslist 70 not a 71
http://sfbay.craigslist.org/sfc/cto/2489400259.html