914 auction values, And the creation of a self fulfilling prophecy Options

[gereed75]

I think at least a part of the market dynamic that we are currently seeing is attributable to the influence of the auction houses.

Three years ago the 914 is the featured car at Amelia. Suddenly a previously overlooked car is thrust into the limelight. The car now appears on the screen of a Whole bunch of qualified collectors that never before thought the cars were worthy of investment and voila, prices rise dramatically.

The auction houses encourage demand for a car that had previously languished. And a car that has plenty of supply that will be filling auction lists for years to come. Grist for the mill.

Are these guys that smart? I think they are. Not saying that is the only reason these cars are appreciating but it is a big factor.

And we, the long time die hard 914 lovers go along for the ride, good or bad depending on your perspective.

[jagalyn]

Bad. I like driving them.

[sithot]

More interest means potential for more parts. The early 911 was once a swap meet parts car. I've chased parts in magazine ads or traveled to swap meets to buy used or used up pieces for cars. No more.

Vintage BMW motorcycle owners suffered through this as well. Once the market took off with prices climbing ever higher it created the impetus for manufacturers (including BMW) to get in the game and make once unobtainable parts available again.

Fenders, engine parts, hard to find pieces came into the pipeline and the rest is history.

I cannot say how happy I am that places like Auto Foreign (Eric Linden), Stoddard and many European suppliers have jumped into the fray. They have spent the money to tool up, manufacture and supply parts that were once difficult if not impossible to find. 914 Rubber has been a boon to all of us here!

The cheapest thing on a lot of cars is the owner. With renewed enthusiasm I'd say the days of cheap cars are behind us.

I don't think that's a bad thing.

[KELTY360]

The cheapest thing on a lot of cars is the owner.

(IMG:style_emoticons/default/av-943.gif)

Quote of the year!

Unfortunately, it's not easy to own a 914 and be a CSOB anymore. After decades of telling people how great the 914 is, they've finally listened....and it doesn't feel as great being right as I thought it would. You may be able to take the NARP out of the car but you can't take the NARP out of this owner. (IMG:style_emoticons/default/aktion035.gif)