914 Market Values - Low, High, Mid-range market?, What is the market for 914s in the $7,500 to $14,500 Range? |
|
Porsche, and the Porsche crest are registered trademarks of Dr. Ing. h.c. F. Porsche AG.
This site is not affiliated with Porsche in any way. Its only purpose is to provide an online forum for car enthusiasts. All other trademarks are property of their respective owners. |
|
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
Post
#1
|
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. |
EdwardBlume |
Oct 25 2014, 05:02 AM
Post
#2
|
914 Wizard Group: Members Posts: 12,338 Joined: 2-January 03 From: SLO Member No.: 81 Region Association: Central California |
The cost of restoration and small parts have risen to where a completely restored 914 in good to great condition is worth the premium, especially in the right color and setup to each particular owner.
Dads car fully restored is worth something in the upper end though I'd never sell it. To duplicate would cost over 20k and so buying a really good one for 14k makes sense. On the lower end, the 914 can be a never ending money trap that will get you to 14k if you own it long enough. Mikey914 has sure helped to change the bite of this experience, but to me a car needs to be fairly special to take on hobby restoration due to cost. This is why there's a gap, but I would say there is more upward pressure on the low side. |
Lo-Fi Version | Time is now: 15th May 2024 - 04:52 AM |
All rights reserved 914World.com © since 2002 |
914World.com is the fastest growing online 914 community! We have it all, classifieds, events, forums, vendors, parts, autocross, racing, technical articles, events calendar, newsletter, restoration, gallery, archives, history and more for your Porsche 914 ... |