914 market update, in this months excellence mag Options

[lotus_65]

fyi
a fairly comprehensive report & looks good for us (and those who restore them).

[lapuwali]

QUOTE (9146986 @ Sep 26 2005, 05:12 PM)

The data comes from an average of vehicles that have actually sold. So a cherry low mile '73 2.0 that breaks the ceiling would throw the average off. These cars are now 30 plus years old, and very good (not hit, not rusted out and welded back together) examples are getting harder to find. Even in the PCA Panorama, you don't usually see more than five or six 914's total, when as little as five years ago there'd be a dozen minimum. Show me a cherry, perfect '73 2.0 for less than the high price in the market report! It's not unusual to see these cars bring more than the prices posted. Another factor is restoration costs, you can restore the same vintage 911 for the same money, or less (engine not withstanding). 914 parts are in many cases more expensive than 911 parts. While you can't get that money back at the time of sale, it is a consideration that effects the selling price, as well as perfect cars that don't need a restoration. Which again, are getting hard to find. Let us not forget that the average 914'er is on the "thrifty" side of the Porsche spectrum, and grumbling about high prices is standard M.O. That is until it's time to sell YOUR 914! (IMG:http://www.914world.com/bbs2/html/emoticons/biggrin.gif)

I have no quibble with the "excellent" numbers, but I have a real beef with the "poor" and "good" numbers, which are way too high. Finding buyers at "excellent" prices is also very hard. Local listings will NOT, in general, get you those prices.

I would define the condition categories as: poor = "needs welding", good = "needs paint", excellent = "needs nothing". Based on those definitions, you could fill a car hauler with Bay Area 914s in poor condition for $1000-1500 each in one weekend.