Input on current market values, 1973 2.0 appearance group - ultra original |
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Input on current market values, 1973 2.0 appearance group - ultra original |
914Next |
Aug 28 2014, 07:41 PM
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#1
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Senior Member Group: Members Posts: 699 Joined: 28-July 14 From: Ephraim Wisconsin Member No.: 17,695 Region Association: Upper MidWest |
So I may regret asking for opinions because I suspect that the reactions will be all over the board but here goes...
As mentioned in another thread recently I'm new to 914's and interested in buying a very original '73-'74 2.0 or 6. Just today had an owner contact me about possibly purchasing his '73 2.0. While I'v only seen pictures of the car, I will say that, based upon the couple hundred pics and documents provided, its safe to say that this is truly a well documented survivor. One owner car until July of this year (41 yrs). The car has 44k original miles. Original paint, perfect like new interior, original porsche mats, original paint markings (even on the wheel lugs) and factory stickers in all of the right places. No rust. I suspect it is one of the more original 914's around. I have not seen the car in person yet but I've purchased a lot of original cars and I think its safe to say that this one will likely, upon complete inspection, be confirmed as a true survivor of very high quality....not just a nice original. So...with that said, I'd like some help. What is top market for a car that is a true very high quality '73 2.0 appearance group survivor? I know you'll likely ask for pics and additional information. I don't have those to share in the moment. I believe the current owner is a member here and will likely be able to sit back and enjoy the varied comments here as much as I do...so let it rip!. What is top market for a car like this? What is the highest you have seen car like this go for....a really nice one. 30's?, 40's?, 50's? Appreciate your input. I'm interested in the car but really need to be comfortable I'm paying top dollar for a top....but not over-the-top dollar. |
Ferenc |
Sep 26 2014, 06:56 PM
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#2
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I'm new here ... Group: Members Posts: 0 Joined: 17-September 14 From: Monterey, CA Member No.: 17,912 Region Association: Northern California |
I second that congratulations! (Though I'm the dancing banana who already congratulated you earlier.)
A few stray thoughts to share. Everybody take 'em or leave 'em as you choose: First, I think you made a terrific purchase. It may have seemed pricey today, but next year it won't. In five years it'll seem like a steal. In ten years people will be waxing nostalgic about the good old days when you could pick up a low-miles 914 in great condition for ONLY in the low 30k range. A decade from now, the same people insisting today that your car should only be 20 to 25k will be the same people saying that it should only be a 100k car. I speak from experience. Every classic car for which I ever paid what was then top dollar or slightly more is now worth twice or three times what I paid. In the case of my 300SL roadster, it's now worth FIVE TIMES what I paid for it ten years ago. People would kill to buy one in superb condition for what it cost me then. I'm not bragging or claiming prescience. Believe me, if I'd known, I'd have leveraged my finances and bought a fleet of the darn things. I'd currently be retiring on the drip-feed of high end auction sales. (Yes, I know the bubble may burst. But if it does, it'll mean a financial collapse worse than what happened in 2008. And in that case, we'll all have far greater things to worry about than what our hobby cars are worth.) Second, I'm puzzled by the people who approach any car equation using only the calculus of dollars and cents. It's as if they don't consider a car to be a good one unless there's some screaming deal to be had, or unless the money equation balances in their favor somehow. I feel sorry for those folks because for them it's only about those dollars and cents and not about the pleasure gained by owning something wonderful and beloved and unique. In other words, they don't seem to really understand the love affair a driver can have with a car. Going back to what I said earlier: Back when I bought the cars I own now (six of them, for the record), I paid top dollar or slightly more not because of any financial calculus. I did it because I've always loved those cars, I wanted to own them, and I wanted the best examples I could find. The appreciation in values that they have generated is merely a sidebar to my ownership experience. A happy sidebar, but a sidebar nonetheless. The few classics that I'm buying today? Same thing: Top dollar or slightly more for the best low-miles examples I can find. Why? Because I love them and want to own and drive them, and I'm lucky enough to be able to afford that. I'm really not worried about what someone else might think about whether I overpaid or got a good deal. I assume you can likewise afford your purchase, so I urge you to likewise not care if it appeared to be a bargain in someone else's eyes. With a purchase like yours, the money equation will balance in your favor. All it takes is time, more people wishing to own, and fewer excellent examples on the road. Long story short: Good for you, and I hope you get tremendous pleasure out of driving it! |
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