914 Market Values - Low, High, Mid-range market?, What is the market for 914s in the $7,500 to $14,500 Range? |
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914 Market Values - Low, High, Mid-range market?, What is the market for 914s in the $7,500 to $14,500 Range? |
stevegm |
Oct 23 2014, 07:21 PM
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#1
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Advanced Member Group: Members Posts: 2,111 Joined: 14-July 14 From: North Carolina Member No.: 17,633 Region Association: South East States |
I see a lot of 914-4s for sale in the $3,500 to $5,500 range. I am talking about complete cars with moderate (sometimes more) rust, and that are nice candidates for restoration. And I see cars in the range of $15,000 and above. Often these have already been restored. I am wondering about the market for 914s in the $7,500 - $14,500 range. Opinions?
While the lower and upper markets make sense. I am surprised there aren't more in that mid-range market. Cars that are fairly original and don't need full restoration (but, are not pristine). Or cars that have had a light restoration. I would expect these cars to fall in that mid range. But, I don't see many for sale. My theory as to why there is a lack of a mid-market (if there is indeed such a lack) is that these cars (914s) are typically purchased with cash (no loan). And the type of buyer that has $7,500 to $14,500 in cash available to spend on such a car, probably can afford the nicer car in the upper market as well ($15,000 and greater), and simply chooses that upper range car. If this is true, I wonder where that leaves the market for cars in the mid-range ($7,500 to $14,500). Is there a liquid market where they can be sold in a reasonably time-frame? Any thoughts would be appreciated. |
dw914six |
Oct 24 2014, 08:37 PM
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#2
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Member Group: Members Posts: 131 Joined: 18-January 14 From: Houston Member No.: 16,902 Region Association: Southwest Region |
It's a really good question. (IMG:style_emoticons/default/shades.gif)
I have owned these 914 cars (IMG:style_emoticons/default/crest.gif) since 1979, and have sold most that I owned, due to kids, kids and kids. Now I have 3 (2 sixes and 1 four banger). What I have noticed watching this market is that is that most 914 owners are either in the business in some way or are guys who can do impressive amounts of work on the cars. I am not one of the gifted, but many of you are. There are far more buyers who can turn wrenches buying 914 cars than other cars of that era and price category. You guys buy them and continually work and tweak them. The average Alfa buyer has a garage queen for a car. Bottom line is we look for deals. The higher priced cars hit the investors and money guys who don't mind stepping up to pay. Everyone else lands in the enthusiast market made up of guys here who can buy cheap and rebuild to very high standards. I just don't see as many in the mid price ranges. If a very nice example hits the market for $15,000, most folks in this forum would choose to buy one for $5,000 and then put $10,000 into it and have a much, much nicer 914. (IMG:style_emoticons/default/aktion035.gif) Thats my view. (IMG:style_emoticons/default/dance.gif) |
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