6 Pricing again, My dilemma Options

[carr914]

OK, I just saw that concours winning 914-6 did not meet it's reserve at 25-26K which leads me to this is near the top of 6 pricing right now.

Here is my dilemma, a friend of mine bought an original 6 (he has like 8 other Mercedes, BMWs and a 911 in various running states) about a year ago and I have been storing it and have an option to buy, which I would like to do, BUT,. First I educated my friend to what he had (my bad), but unfortunately he listened more to the education than to what the car needed. He thinks the car is worth a fortune. He has seen the value of his early 911 climb. He has spent $0 on the car, though I have replaced about $1,000 worth of rubber trim out of my stash.

OK, if a top price would bring $26,000, what would you pay for a very nice looking original six that is definately in need of the following with my estimates for parts;

Both bumpers repaired (lots of dents) & rechromed $ 750
Rear Rubber bumper top 400
4 tires 400
wheel refinishing 500
Seats/rear pad/door panel redo 1,500
Oil Tank leak ?
Brake M/C + ? 500
Weber rebuild 800
original jack 200
exhaust ?
original igntion ( has MSD) ?
Freshen motor (parts & labor) 5,000
sun visors ?
shift knob 150
steering wheel refinsh 300
body work (has dings down the passenger side,
mostly the door) 1,000
asst trim 1,000
and

I just found a hole the size of my pinkie in the Hell Hole 1,000

I think it is the greatest looking project car around, but that is the point, it is a project. I've owned 7 teeners (2 sixes) and have a Carrera project, so I think I'm a pretty good judge on that call

Well what would be a fair price? (I have one in my mind, I just want to see if I'm close)

Thanks, T.C.

[carr914]

Thanks Peeps for your replies. I thought I was on the money when I offered him $14,500, but quite frankly he was offended, even though it would have been a nice profit for him. He and I sat down tonight over a few Heinikens, I told him I was sorry if I offended him, but that was what the car was worth. He has decided he does not want to sell the car (even though I still have 1st shot) and I will continue to store the car til I run out of room. I certainly don't want the rust to grow. On the good news front, my bodyman told that he actually did some work on my Carrera.

Thanks All, T.C.