914 Value Appreciation Percentage, anybody been tracking ?? |
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914 Value Appreciation Percentage, anybody been tracking ?? |
vesnyder |
Mar 23 2006, 08:22 AM
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#1
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Senior Member Group: Members Posts: 680 Joined: 14-April 05 From: Cleveland, OH Member No.: 3,933 |
I have been a hobbyist sports car collector for about the past 20 years since I bought my first '67 911 in 1984 and was wondering if any of the board members have done an assessment of the what the future holds for the 914? What, if any, has the historical (past 5 years) appreciation been - has it even kept up with inflation? At some point they have to begin increasing - don't they?
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lapuwali |
Mar 23 2006, 11:49 AM
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Not another one! Group: Benefactors Posts: 4,526 Joined: 1-March 04 From: San Mateo, CA Member No.: 1,743 |
I'll agree that geography plays a big part. One still regularly sees drivable project cars here in the Bay Area offered for under $2K. There are five such cars on craigslist right now. There are three more for under $4K. There's one /6 conversion for $25K, but it's been for sale for a long time, and I doubt the guy's ever going to see that price.
People on the East Coast always say prices are a lot higher there, and I'm sure they are. However, buying a $1K project car here, plus the cost of transport to the East Coast ($1500), plus a plane ticket/rental car to inspect it ($500), it seems to me that relatively rust-free driveable project cars shouldn't be worth more than $3K anywhere in the country. No one ever seems to listen to that argument, however. |
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