Erroneous 914 online price guide info, why are all of the online price guides way too high? Options

[ky914porsche]

I'm a newbie 914 owner and think they're some of the best bang for the buck out there in pint-sized sporty car land. I also happen to like the styling quite a bit, although I realize the auto world is divided on that topic.

In researching my recent 914 purchase online, I was surprised by all of the erroneous price guide info out there on 914 values. I bought a condition 3 car at about 1/2 what about every price guide out there says the year/model is worth, and I saw quite a few advertised 914's advertised at that same general proportion of their "worth". When I look at other classified ads out there for these cars, very few are even advertised at anywhere close to what the price guides say they are "worth".

I find it interesting that the price guides seem to think 914's are a lot pricier than real world available car ads prove them to be. All of the price guides seem to be way overstated- NADA, Hagerty's, or about any others you can find online. Perhaps there are paid subscription collector car pricing guides that are more accurate than these flawed "freebie online valuation guides", but I don't subscribe to any so I don't know. Flawed online price guide example: http://www.hagerty.com/valuationtools/HVT/...eport?vc=954896

I just thought I'd mention this to see what others think about why this is the case.

[914_teener]

If they are using -6 as comparable to using mean pricing.....then that is erroneous.

Looks to be the case.

You should know from your research that the -6 values are way above the -4 values.

[ky914porsche]

If they are using -6 as comparable to using mean pricing.....then that is erroneous.

Looks to be the case.

You should know from your research that the -6 values are way above the -4 values.

I'm not referencing the 6 cyl values, I fully know those are different animals altogether on valuation. I'm referencing the 4 cyl values: the Hagerty link I attached in my post is a 2.0 Here in the southeast at least, these 2.0 values on lower condition cars shown in the Hagerty link in my post are way overstated (about 100%), again at least for condition 3 and condition 4 cars. Condition 1 and condition 2 cars may be closer to the high reported values because there are so few such cars out there, I don't know. But in my budget world I operate in condition 3 and condition 4 land. Same story for NADA guides or most other freebie online guides out there. I just bought a decent 2.0 model condition 3 car with fresh paint and pretty well sorted out and no rust nightmares for 1/2 what Hagerty's price guide says they're "worth". And there are other ones out there like that also in ad's, I don't consider that I got a "steal" on this car, I think I paid close to true market value for it (which is not the price guide figures). The guy I bought the car from had started out advertising it at close to Hagerty's value for the car, and after 6 months dropped it in 1/2 to the purchase price I have in it. If Hagerty's is correct, I should be able to sell the car and nearly double my money. I don't expect that to be the case.