Need expert opinions on this, Recent listing on BaT Options

[Thunderchief]

There was a recent listing on BaT for a blue 914 GT Tribute that was only bid up to 70k. Why do you think it didn't go any higher? Its not mine but I'm building one and don't want to make any possible mistakes that this person did. Thanks.

https://bringatrailer.com/listing/1973-porsche-914-184/

[flipb]

I'm not an expert by any means but I was shocked that $70K wasn't enough to hit Reserve for that one.

If you look at the history chart, on average 1-2 /6 conversions per year go for over $80K. They have to be quite exceptional and timed with a hot market.

Do not build a /6 conversion under the assumption that you'll someday get the investment back.

[Superhawk996]

Do not build a /6 conversion under the assumption that you'll someday get the investment back.

(IMG:style_emoticons/default/agree.gif)

The proverbial $100k invested - asking $70k

That’s some (IMG:style_emoticons/default/stromberg.gif) investing

I’ll double down on this.

Don’t ever restore anything and expect to get your money back. It’s always cheaper to buy someone else’s already completed restoration than it is to do it yourself.

[mepstein]

Do not build a /6 conversion under the assumption that you'll someday get the investment back.

(IMG:style_emoticons/default/agree.gif)

The proverbial $100k invested - asking $70k

That’s some (IMG:style_emoticons/default/stromberg.gif) investing

I’ll double down on this.

Don’t ever restore anything and expect to get your money back. It’s always cheaper to buy someone else’s already completed restoration than it is to do it yourself.

(IMG:style_emoticons/default/agree.gif) 100%
Any time we build on spec, we loose money compared to time and materials on a custom order build. On my own cars, I do whatever I want, with no regard for resale. Not because I'm rich, I'm not but because I want my cars the way I want.

That blue bat car is really pretty. It's almost always less expensive to buy someone else's project compared to building your own. Especially if the owner built the car. Non professionals never get paid back for their time.