914 market value and us, Discussion Options

[sixaddict]

Guys:
I want to be sure everyone understands my objective is to promote 914s so don't kill the messenger. I may be not be long term here but have owned a six since 1981....(and I'm only 39 (IMG:style_emoticons/default/dry.gif) ) but I see something on this site that bewilders me and I have also been guilty of it.
I just sold a 914 conversion and didn't do well although the car was nicely done.
While the market is not great due to the economy, I feel we are helping drive down our values and that does not seem right nor in our best interest. People here are selling cars for far less than you could build them but then coming on here and spilling their guts! I feel we are poisoning the well.
So many circumstances come into play that should not effect the value, but maybe we should suffer in silence. I know some may disagree but thats just my 2 cents.
Thanks
TOT

[Zundfolge]

If you're talking about the cars for sale here among experienced 914 owners, you have to take into account that this market here is not reflective of the entire car buying market because people here really know these cars and are significantly pickier.

I'm thinking about putting my 914 up for sale, but I won't be putting it here because frankly none of the real 914 guys will give me what I want for it because they KNOW how much work goes into these cars and they're picker about the condition.

If I decide to sell it, I'd probably ask $3000 for the car on Craigslist when a true 914-o-phile probably wouldn't give me more than $1500 for it (if they'd buy it at all)



I just wish the value estimates Excellence magazine comes out with were even remotely related to reality (IMG:style_emoticons/default/tongue.gif)

[carr914]

As we talked about in eMails the Market is soft for Conversions right now - guys that build them are not flush with Cash & the economy forces sales.

I do wish that our Classifieds Policy on Cars For Sale was like Pelican's where only the Seller can Post - it eliminates picking apart cars. I get a lot more response on Pelican than I do here.

CraigList is for Losers - I've got my Roller listed there and am going to pull the Ad. I get calls like; Does it have A/C, How does it run, is it a Real -6 - it's a Friggin 76 Roller (IMG:style_emoticons/default/jerkit.gif)

[Cap'n Krusty]

Throughout the car "hobby" it's pretty well known that you are ALWAYS better off buying someone else's project, as the price will nearly invariably be less than you it would be to replicate the result Usually much less. Facts of life.

The Cap'n

[Cairo94507]

You owned a six when you were what??? Nine years old???

[Zundfolge]

CraigList is for Losers

Well yes, Craigslist can be a PITA with lots of people pestering you with stupid questions (no, I will not take payments, no you can't test drive the car for a weekend, no I will not trade you for 3 X-Boxes and a faux Rolex) but it is about the best place to get the car in front of a large number of local buyers.

[carr914]

You owned a six when you were what??? Nine years old???

(IMG:style_emoticons/default/av-943.gif)

[sixaddict]

(IMG:style_emoticons/default/agree.gif)

Well there was a lot of wisdom but the laughs were even more cathartic which is needed when you part with an old friend.

[sixaddict]

i 'd be fine if I would just quit finding "deals" (right TC) or drinking wine while surfing ebay !

[EdwardBlume]

You owned a six when you were what??? Nine years old???

(IMG:style_emoticons/default/av-943.gif)

(IMG:style_emoticons/default/agree.gif)
Must have shifted like a dream..

I'm kidding... my Dad bought my car when I was 6.

[EdwardBlume]

With /6s going for $40M and going overseas. With clean /4s going for $10-12M and going overseas. I think the last value you can get with these cars are a Subi conversion or /6 conversion. Neither seem to be sought with foreign money (yet) and are each better drivers than the "originals" (IMHO).

[rick 918-S]

Throughout the car "hobby" it's pretty well known that you are ALWAYS better off buying someone else's project, as the price will nearly invariably be less than you it would be to replicate the result Usually much less. Facts of life.

The Cap'n

(IMG:style_emoticons/default/agree.gif) The Cap'n is correct as usual. If you paid someone to build the car the builder will make the money. If you built the car yourself you'll never make back the labor. This market is specially soft. The last time the US market went tits up the Japanese and europeans were buying. This time their economys are mush too. If your buying and selling classic cars to make money you really need to look for the giveaways.

The value that you never loose is the good feeling and stories that you gain during ownership.

[PanelBilly]

If you take a beater mustang and turn it into a clone Shelby, it will bring 25-30. I think we need to start raising the bar

[messix]

sorry [expecting the flames to fly] but when these cars climb to the scale that the other cars types have gotten [muscle cars, tri fives, harleys] i'll ditch the teener and go buy some thighing that is affordable like i thought i was getting when i got my teener [i know! little did i know!] i'll go out and get an old rx 7 or a miata! parts are available and cheap!

[rick 918-S]

At least it's not like an MG. Here is a photo of a completely rust free Oregon car for sale here for $ 5500. OBO. It is clean and tight in very way. I may buy it just to store and sell later. But for now that's all the money even in a good market.. Very sad. (IMG:style_emoticons/default/sad.gif)

[Loser_Cruiser]

sorry [expecting the flames to fly] but when these cars climb to the scale that the other cars types have gotten [muscle cars, tri fives, harleys] i'll ditch the teener and go buy some thighing that is affordable like i thought i was getting when i got my teener [i know! little did i know!] i'll go out and get an old rx 7 or a miata! parts are available and cheap!

Exactly!!! These cars are amazing fun and I think they look great too but part of that is the affordability.

[orange914]

With /6s going for $40M and going overseas. With clean /4s going for $10-12M and going overseas. I think the last value you can get with these cars are a Subi conversion or /6 conversion. Neither seem to be sought with foreign money (yet) and are each better drivers than the "originals" (IMHO).

(IMG:style_emoticons/default/agree.gif)
rule #1, NEVER sell if you HAVE to.
rule #2, organize & advertise well. Hemmings ect...
rule #3, It only takes 1 buyer... don't rush. Your both better off in the end

If you take a beater mustang and turn it into a clone Shelby, it will bring 25-30. I think we need to start raising the bar

(IMG:style_emoticons/default/agree.gif)
Many American cars values have really fallen off in the last couple years, great buying deals out there. I think the 914 has never seen it's full potential, not sure why, maybe too many 914 sellers aren't sticking to rule 1,2&3.

Mike

[Lou W]

.... People here are selling cars for far less than you could build them...
Thanks
TOT

I think thats a big part of all sales in this bad economy, in my business I'm a General Contrator, houses are selling for far less than you could build them. Until the economy turns around, things don't look good.

[johannes]

Pristine original cars will always sell better than conversions. So better restore the car than convert it.

[VaccaRabite]

People pay the big money for their high school dream cars. For the Americans that wanted European cars over American muscle in the 70s and 80s the were looking at the 911, not the 914. The 914 was the "I'll settle" car, and it still has a bad rep for much of the population.

Even at an AX where there were as many 914s as Miatas, the announcer still referred to them as rust tubs.

The 914 is a niche car. I agree the value still has more potential but you have to be able to hold the car for sale a while to maximize it's worth.