914 current value and pricing, WTF? Options

[Loser_Cruiser]

What am I missing? It seems not even a year or two ago, these cars and there parts were very reasonably priced. Now, it looks as though they are going for double. Any particular reason?

[dion9146]

I find this topic funny for a couple of reasons, but mainly because I've been into 914s for so long. Back in th early 90's when I got my first one, 914s and most of their parts, could be had for a song. I've had three 914s now over the past 20 years, with the most recent one being the most reliable, and least worked on Porsche I have ever owned. In my mind, I still think of these cars back when I bought my first one, and yes, some of the recent prices blow me away.

It's hard for me to think that my little flared, rust free, 3.2 powered 914 sitting quietly in the garage can often fetch more than a nice SC or Carrera, and definitely gets more than any of the older water pumpers. Back when I bought my first one, the only cheaper Porsche out there was a broken 924.

I do keep track of cars similar to mine when I see them for sale, and have inquired on the selling prices when they do get moved. And yes, these cars are selling close to asking price. That's good news as mine will probably go up for sale after this year, but in the meantime I'm having fun watching the value go up. Something I didn't think I would ever see....then again the 356 guys were having the same conversation back in the late 70's/80's.

Dion

[okieflyr]

I find this topic funny for a couple of reasons, but mainly because I've been into 914s for so long. Back in th early 90's when I got my first one, 914s and most of their parts, could be had for a song. I've had three 914s now over the past 20 years, with the most recent one being the most reliable, and least worked on Porsche I have ever owned. In my mind, I still think of these cars back when I bought my first one, and yes, some of the recent prices blow me away.

It's hard for me to think that my little flared, rust free, 3.2 powered 914 sitting quietly in the garage can often fetch more than a nice SC or Carrera, and definitely gets more than any of the older water pumpers. Back when I bought my first one, the only cheaper Porsche out there was a broken 924.

I do keep track of cars similar to mine when I see them for sale, and have inquired on the selling prices when they do get moved. And yes, these cars are selling close to asking price. That's good news as mine will probably go up for sale after this year, but in the meantime I'm having fun watching the value go up. Something I didn't think I would ever see....then again the 356 guys were having the same conversation back in the late 70's/80's.

Dion

My question is this.
If they are getting their asking price, what is their asking price based on?
Is it based on what financial investment they have to restore the car? if so, what % of that cost are they getting back? If they were fortunate enough to buy the car from someone that absorbed the restoration cost and loss, then they probably came out ahead. This same scenerio is repeated throught the whole collector car market as values cycle.

It seems to me that the speculators in the market have an influence on the percieved value whether real or not.