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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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. |
tat2dphreak |
Jun 29 2005, 09:20 AM
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#2
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stoya, stoya, stoya Group: Benefactors Posts: 8,797 Joined: 6-June 03 From: Wylie, TX Member No.: 792 Region Association: Southwest Region |
a 914 CAN be a money pit, but it can also be a very rewarding owner experience... I've driven 914s, 944s, 924s... and the only one I would have is the 914...
you don't have to spend a small fortune on a 914, decent drivers can be had for 3000 and require little work... but any 30(-35) year old car can have it's issues... a lot of time a 914s biggest issue is it's previous owner who did very little right. but if you are careful and know what to look for, you won't be throwing good money after bad in a teener... it helps to learn the cars and do as much as you can yourself... spending more in the inital investment can make for a better experience and better reliablity... there are a lot of people on this site that drive their cars daily, and there are as many or more that have their cars on jackstands, tinkering BEFORE driving... my car could be driven this weekend, but I have stuff I want to do BEFORE I drive it... as resto projects and as hobbies are where these cars are more expensive, methinks. |
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