Excellence - 914 Market Update, November 2008 issue Options

[carreraguy]

Well, its that time of year again!
I really like the second sentence in the article..."Any excellent 914-4 is a solid five-figure car, 2.0s are rapidly approaching $20,000, and 914-6s are selling for five times what they did when new...."
Later,

[Racer]

I'm sure 2-3 months ago when the article was being compiled and written those values were fair.

Games over now. US economy and the world economy is in the shitter right now. Not many folks (certainly in the US) spending big money on "toys" like 3rd, 4th 5th cars.

Europeans, perhaps, if only because their currency is still strong. Conbined with a large number of "yuppies" affluent enough to go look for the car of their youth. 914s included.

Where I am at, a "new" 914 was a $5K proposition in the early 1970s. 30 years later they are a $15K proposition. Adjusted for inflation, this might still be "5K" (IMG:style_emoticons/default/wink.gif) Gas was $.30 and now its $4. A $20K home is now $200-500K depending on where you live. A $5k 914 in todays world would be a $50K car (hmm.. just like a new Boxster). So while on paper it looks like a big number, think in today's dollars.

And these high prices are for the 1% or less that are still "factory original".

Nothing more fun to read than classified that say "all original" followed by rebuilt motor, repaint etc.. blah blah. They are only original once.

[ConeDodger]

I'm sure 2-3 months ago when the article was being compiled and written those values were fair.

Games over now. US economy and the world economy is in the shitter right now. Not many folks (certainly in the US) spending big money on "toys" like 3rd, 4th 5th cars.

Europeans, perhaps, if only because their currency is still strong. Conbined with a large number of "yuppies" affluent enough to go look for the car of their youth. 914s included.

Where I am at, a "new" 914 was a $5K proposition in the early 1970s. 30 years later they are a $15K proposition. Adjusted for inflation, this might still be "5K" (IMG:style_emoticons/default/wink.gif) Gas was $.30 and now its $4. A $20K home is now $200-500K depending on where you live. A $5k 914 in todays world would be a $50K car (hmm.. just like a new Boxster). So while on paper it looks like a big number, think in today's dollars.

And these high prices are for the 1% or less that are still "factory original".

Nothing more fun to read than classified that say "all original" followed by rebuilt motor, repaint etc.. blah blah. They are only original once.

I disagree that a car with a motor rebuilt to original specs or repainted in it's original color is not original. I agree with the implied statement that a preservation car, meaning a car in original unrestored condition might be more valuable.