Recent conversion action on ebay Options

[sixaddict]

I know we have been bemoaning selling prices of conversions on this forum as we all know what it costs to build one. We have seen some good cars go for low numbers. However two just passed through ebay that got my attention. Yellow one went for 22 + and Zambezi bid up to 21 but didn't hit George's reserve.
Hoping there is reason to sustain optimism.
TOT

[toolguy]

There is a world of difference if you're just making a car for yourself to enjoy, or making a six that's worth some real $$$. . . . and we've all seen the difference in labor skills. . a six done right with factory parts to factory specs is going to be more valuable than one with a beer keg for an oil tank. . . you just can't compare apples to oranges. .

The labor part it takes to do it right isn't that much more involved than just doing a passable job. . . and just because you can do it yourself, that doesn't make your labor cheap. . .
likewise, even if you pay a shop rate of $130 and hour, that doesn't guarantee you a return on those $$$ if the work is crappy and the real parts aren't there. .

My experience is that the people that want to buy a six for CHEAP, are those who haven't had the experience of just how much work goes into a proper conversion or a proper restoration of a real six TO FACTORY SPECS. . .

I would think that we, as a Porsche Community', want to maintain the value of the nice and properly done cars. That said, we set the sales prices when we sell. . . If a buyer doesn't want to pay a realistic value for your car and your labor, why sell it to them. . . let them foot the bill to have one built because they probably can't do it them selves. . then they will have $50- $60 in a car and the net results is our really nice cars become more valuable in the course. .

Second thought. . . . We, collectively speaking, are at a point in time where the price of a real 914-6 will start to skyrocket. People are already putting Vins on Four body's in an effort to resurrect unrestorable six's. . . Part's that are NLA from the dealer are still around if you look and will pay what today seems like a high price. . that is just going to drive the market higher. . . and in a few years, those real six parts will be unavailable at any price, and you'll wish you had of got them when you could have. . .

It's my belief that in the near future, a real six in original condition is going to be comparable to the price of a 356 Speedster of today.

And a real *640xxxx* six engine will be as rare as a four cam from the 60's. . . I remember when people took those out of their cars and put in a new modern 912 engine. . Who would have guessed back then, huh?. . . But then I know a man who took the four cam out of his 904, put in the 'new 2.7' , and drove it for slaloms and time trials. . it was his beater car.

In real estate, it's all about location, location, location. . . In cars, it's all about originality . .