Recent conversion action on ebay Options

[sixaddict]

I know we have been bemoaning selling prices of conversions on this forum as we all know what it costs to build one. We have seen some good cars go for low numbers. However two just passed through ebay that got my attention. Yellow one went for 22 + and Zambezi bid up to 21 but didn't hit George's reserve.
Hoping there is reason to sustain optimism.
TOT

[GeorgeRud]

I think people are starting to realize that these are the updated 914-6s that the factory never got to build due to the lack of profits on that model.

If properly converted, they are the most fun of any Porsches. Also, since the parts are so interchangable with the 911 range of models, there is no lack of parts available with which to experiment.

I also was happy to see these cars on eBay generate those type of bids.

[dion9146]

I was watching those too with interest considering mine is on the block right now. Those were two very nice cars, and had a number of features that are nicer than mine, but neither had a desirable engine IMHO, so I was very surprised at the prices they were getting.

Clean cars for sure, but I haven't seen those prices in the interest towards my car. My Wife says I should put mine on eBay, but for some reason I'm just not that thrilled about selling a car that way.

[biosurfer1]

If nothing else, Ebay gives you car a lot of exposure.

[bcheney]

I definitely believe that those in the "know" will pay for conversions that are well done with quality parts and attention to detail. Both of these examples fall into that category. Many of us are capable of doing a lot of our own work with these cars. As you can see from the shop invoice labor rates add up in a hurry...So unless you can wrench on these cars...you will spend $$'s. The point about some conversions being the cars the factory never got to build holds water with me to. Very nice to see the values rising!

[914.SBC]

I definitely believe that those in the "know" will pay for conversions that are well done with quality parts and attention to detail. Both of these examples fall into that category. Many of us are capable of doing a lot of our own work with these cars. As you can see from the shop invoice labor rates add up in a hurry...So unless you can wrench on these cars...you will spend $$'s. The point about some conversions being the cars the factory never got to build holds water with me to. Very nice to see the values rising!

Thats crazy...my office is right around the corner from this location. Did this shop work on your car?

[bcheney]

I have nothing to do with this car...Just chiming in on the conversation. There are some big numbers in this labor ticket that may be questionable...However, if you can't wrench on the car yourself...you will spend what the "book says". I have over $7K in parts for my conversion and have been very patient searching for and getting deals from abandoned projects and sellers from Pelican, 914World, The Samba and ebay. Gathering parts for a conversion is much more than most folks anticipate when they do it for the first time. Many think they can do it cheaper than anyone else has...

[sean_v8_914]

there aint no book rate for a six conversion, nor is there a standard formula of parts to use.

[toolguy]

There is a world of difference if you're just making a car for yourself to enjoy, or making a six that's worth some real $$$. . . . and we've all seen the difference in labor skills. . a six done right with factory parts to factory specs is going to be more valuable than one with a beer keg for an oil tank. . . you just can't compare apples to oranges. .

The labor part it takes to do it right isn't that much more involved than just doing a passable job. . . and just because you can do it yourself, that doesn't make your labor cheap. . .
likewise, even if you pay a shop rate of $130 and hour, that doesn't guarantee you a return on those $$$ if the work is crappy and the real parts aren't there. .

My experience is that the people that want to buy a six for CHEAP, are those who haven't had the experience of just how much work goes into a proper conversion or a proper restoration of a real six TO FACTORY SPECS. . .

I would think that we, as a Porsche Community', want to maintain the value of the nice and properly done cars. That said, we set the sales prices when we sell. . . If a buyer doesn't want to pay a realistic value for your car and your labor, why sell it to them. . . let them foot the bill to have one built because they probably can't do it them selves. . then they will have $50- $60 in a car and the net results is our really nice cars become more valuable in the course. .

Second thought. . . . We, collectively speaking, are at a point in time where the price of a real 914-6 will start to skyrocket. People are already putting Vins on Four body's in an effort to resurrect unrestorable six's. . . Part's that are NLA from the dealer are still around if you look and will pay what today seems like a high price. . that is just going to drive the market higher. . . and in a few years, those real six parts will be unavailable at any price, and you'll wish you had of got them when you could have. . .

It's my belief that in the near future, a real six in original condition is going to be comparable to the price of a 356 Speedster of today.

And a real *640xxxx* six engine will be as rare as a four cam from the 60's. . . I remember when people took those out of their cars and put in a new modern 912 engine. . Who would have guessed back then, huh?. . . But then I know a man who took the four cam out of his 904, put in the 'new 2.7' , and drove it for slaloms and time trials. . it was his beater car.

In real estate, it's all about location, location, location. . . In cars, it's all about originality . .