1st post - help?! Options

[desmo900rider]

Hi all, I've been lurking for a bit and finally joined! Hoping some of you can help me out with a question. I've been looking at 70's 911s for a year or 2 now, and have decided that what I want will cost me more than I can spend right now, so I started to look at 914s. From everything I've read, they sound like great cars, so I think it may be a good "transition" Porsche for me until I can someday buy one of the old Targas that I love. I'm looking for a car that will be a Sunday/nice weather driver, and maybe allow me to do an occasional track day or 2. My main concern is the car holding it's value though, I don't need to make money, I just need to not lose much, if any. I found locally what I think is a pretty good deal, and I'm going to look at and drive the car this weekend. Of course if I make an offer, I'll be getting a PPI first. I would love to hear everyone's opinion on the value, because I can't for the life of me figure out how 914 values work. 911 values make sense to me, but I'm still trying to figure out ow they work on 914s.

I'm looking at a 74 914 1.8L, with 48K org miles. Car is stock, and the current owner says no accidents, original miles, etc. Still has original L-jet, and he says it runs well, and he has replaced some small things, brake lines, push rod seals, some wiring, etc. No structural rust, some very minor bubbling in 2 spots on one door and the trunk lid. He is asking $4k. Assuming I don't have to put much into the car, does that sound like a good price?

Thanks in advance for the advice,


Mike