Looking to make 1st 914 purchase Options

[kafn8d]

I have always been a big fan of these cars and have been wanting to buy one for quite some time. They are somewhat difficult to find in my area, especially examples in good shape. I recently found one on my local craigslist listing and seems to be somewhat interesting but I could use your all's wisdom and advice. Initially the car was listed for $900 as a barn find. I emailed the owner and he has been very gracious and forthcoming with information regarding this teener. He informed me that it was most recently titled in Indiana and hasn't been registered in years. This 1972 914 currently resides in Kentucky and the current owner says the PO had lost the title and keys and is unwilling to apply for a lost title. With that being said he has lowered the price to $600 and recommended Broadway Title Co. to get a new title. So obviously these things are concerning, but not uncommon based on some of the threads in this forum and others. I have asked the owner for some pics. Some guidance and advice from you all would be greatly appreciated on both the title and lack of key situation and the general condition of the car and anything I should be aware with this particular model year.

Thanks!

http://i32.photobucket.com/albums/d29/kafn8d/a914001.jpg
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http://i32.photobucket.com/albums/d29/kafn8d/a914015.jpg

[kafn8d]

Thanks for all the feedback from all. It has opened my mind to other options and thoughts.

Garold, to answer some of your questions. I am looking for a project car that is repairable to be a driver (not daily) and/or possible autoXer. I come from a street rod, hot rod background and I'm not afraid of rust or body repair or modifications. Since my knowledge and budget will be limited, I expect this venture to be a very long process with a very large learning curve. As I said in my initial post there are not a lot of examples of these cars in bad shape and even fewer in good to great shape here in Southern Indiana (Kentuckiana) area. I definitely appreciate and love the Porsche heritage and history but I am not a purist by any stretch of the imagination, so a V8 or subie conversion would not be out of the question.

Again, I thank you all for your feedback, questions and support and would not expect anything less based many of the threads I have read from you guys.

Thanks,
Steve