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rfp |
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#1
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Member ![]() ![]() Group: Members Posts: 59 Joined: 24-June 05 From: Montour Falls, NY Member No.: 4,321 ![]() |
My brother and I are thinking of putting our money together and doing some short term and long term investments in Porsches including 914's we don't have allot to begin with so we are looking at putting $1-2,000 into an early 914 and $1-2000 into restorations. We don' t have the skills or tools for doing the work our selves though my brother does paint and wire houses for a living and could probably learn how to paint cars. We are looking at have a local garage to do the work as they are familiar with restoring these types of cars. the owner is currently working on a 356 for himself.
We are looking to buy a slightly warn to well worn 914 in July or august and try to make a fast buck come the September Grand Prix festival putting the money back into buying and fixing another one. My question is what is the best investment for fast resale value. What will make the car most appealing and make the car stand out: A new paint job (original Porsche colors or cool colors like metallic, new seat covers, carburetors instead of injectors, bigger engine, fixing one that dosen't run..........Just fixing rust spots.......... our goal is to get a chance to drive around some nice cars and at least break even but we would like to make something of the deal if possible. I have read allot about these cars so I do have a general knowledge of problems to look for. |
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Dead Air |
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#2
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Senior Member ![]() ![]() ![]() Group: Members Posts: 1,270 Joined: 9-May 04 From: Buffalo, NY Member No.: 2,042 ![]() |
RFP,
I've got a number for you. I'll e mail it later. The reason 914's are hard to find around here is because the salt ate them all up. We had to go to Iowa (e bay) that "just" had hard surface rust. we plan on doing all the work our selves (Ex. windshield) and soo far ... $1300 car $ 400 tow dolly and travel $ $300 heads disassembled and cleaned about $300 windsheild $100 crank $150 camshaft $2-300 pistons and cyl. $140 doorhandles rebuilt plus... rebuild kit $200 $2-300 paint $100 (?) new con rods $50 POR-15 $250 tires about 150 hours @ (?) $20-25 All plain jane parts with alot of shopping around and I haven't even gotten int the fuel inj. yet!! (IMG:http://www.914world.com/bbs2/html/emoticons/blink.gif) About $6000. I might could get $6000-$8000? More to someone OUTSIDE the 914 Club, But the car will never be for sale! We own these cars for all sorts of funny reasons, the money's not one of them. Find a car, make an adventure of fixing it with "us" and drive all those great roads you've got down there. That's how you'll "profit". IMHO |
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