what is the best way to increas the value 914, long term and short term 914 investment |
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what is the best way to increas the value 914, long term and short term 914 investment |
rfp |
Jun 27 2005, 10:35 AM
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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. |
rfp |
Jun 29 2005, 08:36 AM
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#2
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Member Group: Members Posts: 59 Joined: 24-June 05 From: Montour Falls, NY Member No.: 4,321 |
Ok I'm getting the picture. I haven't made any calls yet as I can't spend any money until after my mid July vacation.
You guys are starting to make these cars sound like money traps. well you have definitely change the way I was thinking of doing things. Is all this money going in because of maintenance or because of putting in the ultimate gota have it upgrade? I am looking now at a ready to go or close to it daily driver with minor cosmetics and think I have found one for the right price. I am sure once I start driving it I will never want to give it up. I thought these cars would be such fun for advertising my business at shows parades and what not. I thought of putting an LCD screen in each of the trucks to show of my video work. you guys are making the 914 sound like a money pit. How reliable are they. I have driven an 83 944 and loved it and have been tossing back and forth the idea of using a 914 or a 944 for my business car. I have sat in an early 914 that didn't run and can just imagine how much fun it must be to drive. I would definitely love to at least drive one once in my life. Is there any one out there who has owned or driven both cars and can give me a fair comparison? I know both cars can be purchase fairly cheaply. I have seen early 944's that look practically new for around $3,000 and with routine maintain can be very reliable and relatively inexpensive to keep on the road. so how does this all compare to the 914. I would hate to be on the way to shoot a wedding and get stranded. I am sure my wife would have no troubles driving it the 5 minuet drive to work and enjoy impressing her co-workers. Either car I am only looking at keeping on the road during the warm months and away from salt and snow. I am definitely steering away from the rust buckets and start from scratch jobs. Looking for some one who has done most of the work and has run out of time and money sounds like a better way to get a good deal. (IMG:http://www.914world.com/bbs2/html/emoticons/chowtime.gif) |
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