I think we need to have an intervention, Put down the pipe!! |
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I think we need to have an intervention, Put down the pipe!! |
JamesM |
May 13 2015, 10:34 PM
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#1
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Senior Member Group: Members Posts: 1,898 Joined: 6-April 06 From: Kearns, UT Member No.: 5,834 Region Association: Intermountain Region |
Seriously 27k for an admittedly non matching LE?!?! Hell even if it was matching its no 27k car.
Not meaning to knock whoever car this is, and i really hope they find someone dumb enough to drop 27k here, or even 17k, but come on!!! http://www.ebay.com/itm/Porsche-914-Limite...em=221772262362 |
Mike Bellis |
May 13 2015, 10:39 PM
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#2
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Resident Electrician Group: Members Posts: 8,345 Joined: 22-June 09 From: Midlothian TX Member No.: 10,496 Region Association: None |
Seriously 27k for an admittedly non matching LE?!?! Hell even if it was matching its no 27k car. Not meaning to knock whoever car this is, and i really hope they find someone dumb enough to drop 27k here, or even 17k, but come on!!! http://www.ebay.com/itm/Porsche-914-Limite...em=221772262362 A restored matching number LE is worth more than $30k. This car would need a PPI but may be worth the asking price. It's only worth what someone will pay... |
MoveQik |
May 13 2015, 11:32 PM
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#3
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What size wheels can I fit? Group: Members Posts: 4,645 Joined: 5-April 05 From: Scottsdale, AZ Member No.: 3,881 Region Association: Southwest Region |
Look....for the sake of 914's in general, I hope they get it. That said, every time an LE comes up for sale I crack up at the description. The "rarity" factor is on display in every other sentence but yet nobody will pay much of a premium compared to a similar restored, numbers matching 2.0, non-LE car. Plain and simple. I hear tales of LE's being worth three times as much as a comparable non-LE 2.0 but much like a unicorn, nobody has seen it.
(IMG:style_emoticons/default/dry.gif) |
sixnotfour |
May 13 2015, 11:54 PM
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#4
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914 Wizard Group: Members Posts: 10,430 Joined: 12-September 04 From: Life Elevated..planet UT. Member No.: 2,744 Region Association: Rocky Mountains |
My Mom wanted me to buy a bumble bee when I was 18yrs old..
I said to her "Mom I want a Six not a Four"...I already had Sport Bug super beetle with cool seats, steering wheel, and stripes and black anodized trim ..hey how many of those VW's did they make ??? "whatever the market will bear" the long tested statement of all Things for Sale.. Good Luck to all with sales (IMG:style_emoticons/default/beerchug.gif) |
somd914 |
May 14 2015, 03:56 AM
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#5
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Member Group: Members Posts: 1,171 Joined: 21-February 11 From: Southern Maryland Member No.: 12,741 Region Association: MidAtlantic Region |
As been mentioned in other threads, there are countless "limited edition" trim packages throughout Porsche's history, but for some reason the LEs are making noise. As previously mentioned, it is worth what people will pay, the real question is what is the value down the road? Could be more, could be less... if I were looking for an investment car, I'd look elsewhere because looking at the rest of the car market, LE asking prices make no sense, thus more likely to fall in my opinion.
As for wanting 914 prices to escalate, be careful of what you ask for. This typically means increased parts prices, fewer actually being driven, and a owner attitude different from what we find our community now. |
rhodyguy |
May 14 2015, 07:03 AM
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#6
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Chimp Sanctuary NW. Check it out. Group: Members Posts: 22,080 Joined: 2-March 03 From: Orion's Bell. The BELL! Member No.: 378 Region Association: Galt's Gulch |
An increase in part pricing? Really? You would never know it by the asking prices for parts in the classifieds.
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somd914 |
May 14 2015, 04:56 PM
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#7
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Member Group: Members Posts: 1,171 Joined: 21-February 11 From: Southern Maryland Member No.: 12,741 Region Association: MidAtlantic Region |
An increase in part pricing? Really? You would never know it by the asking prices for parts in the classifieds. I never said they have gone up, I just cautioned that for those who want to see 914 prices escalate, parts prices will likely climb also. And as for a changing community, well, I like it just the way we are... The 914 Community: The 356 Community: (IMG:style_emoticons/default/wacko.gif) |
wndsnd |
May 14 2015, 07:15 PM
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#8
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You wanted a horse, but got a goat. Nobody wants a goat.... Group: Members Posts: 2,861 Joined: 12-February 12 From: North Shore, MA Member No.: 14,124 Region Association: North East States |
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ripper911 |
May 14 2015, 07:24 PM
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#9
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corde pulsum tangite Group: Members Posts: 2,920 Joined: 25-April 10 From: Powder Springs, GA Member No.: 11,654 Region Association: South East States |
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Martin Baker |
May 14 2015, 08:07 PM
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#10
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I just heard I sold my cars! Group: Members Posts: 1,140 Joined: 11-February 03 Member No.: 290 Region Association: Northern California |
I was recently asked what I thought my car was worth, so we looked it up using the NADA Classic Car Site. I was a bit more than "shocked"
I am aware that this is a guide, but these cars are on the move, which is good and bad. If you read close, in the car description area, this estimate does not include very high end restorations. Only high quality drivers, and down. http://www.nadaguides.com/Classic-Cars/197...arga-2-0/Values |
r_towle |
May 14 2015, 08:54 PM
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#11
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Custom Member Group: Members Posts: 24,574 Joined: 9-January 03 From: Taxachusetts Member No.: 124 Region Association: North East States |
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somd914 |
May 15 2015, 03:55 AM
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#12
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Member Group: Members Posts: 1,171 Joined: 21-February 11 From: Southern Maryland Member No.: 12,741 Region Association: MidAtlantic Region |
I was recently asked what I thought my car was worth, so we looked it up using the NADA Classic Car Site. I was a bit more than "shocked" I am aware that this is a guide, but these cars are on the move, which is good and bad. If you read close, in the car description area, this estimate does not include very high end restorations. Only high quality drivers, and down. http://www.nadaguides.com/Classic-Cars/197...arga-2-0/Values I agree prices are increasing, but based on those I've seen up for sale, I'd believe Hagarty's pricing more which show similar dollar values but associated with higher end cars: https://www.hagerty.com/valuationtools/HVT/...eport?vbe=61341 Based on NADA my 914 has appreciated approximately 50% in the 4+ years I've owned her and almost worth as much as my '84 911, but yet NADA shows my 911 has been flat for the 2.5 years I've owned her which is definitely contrary to the market and Hagarty. But as you say, these are guides, and from what I've seen, classic Euro cars as a whole seem to be on the rise. It's reminding me of the muscle car boom of several years back. |
mepstein |
May 15 2015, 04:39 AM
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#13
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914-6 GT in waiting Group: Members Posts: 19,270 Joined: 19-September 09 From: Landenberg, PA/Wilmington, DE Member No.: 10,825 Region Association: MidAtlantic Region |
I was recently asked what I thought my car was worth, so we looked it up using the NADA Classic Car Site. I was a bit more than "shocked" I am aware that this is a guide, but these cars are on the move, which is good and bad. If you read close, in the car description area, this estimate does not include very high end restorations. Only high quality drivers, and down. http://www.nadaguides.com/Classic-Cars/197...arga-2-0/Values I agree prices are increasing, but based on those I've seen up for sale, I'd believe Hagarty's pricing more which show similar dollar values but associated with higher end cars: https://www.hagerty.com/valuationtools/HVT/...eport?vbe=61341 Based on NADA my 914 has appreciated approximately 50% in the 4+ years I've owned her and almost worth as much as my '84 911, but yet NADA shows my 911 has been flat for the 2.5 years I've owned her which is definitely contrary to the market and Hagarty. But as you say, these are guides, and from what I've seen, classic Euro cars as a whole seem to be on the rise. It's reminding me of the muscle car boom of several years back. Mid 80's 911 have almost doubled in the last couple years. I used to see nice cars selling for 15-20k, now they are all 30-40. And they sell for that price, not just list. It's a rare 914-4 that sells for more than 30k |
rick 918-S |
May 15 2015, 07:51 AM
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#14
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Hey nice rack! -Celette Group: Members Posts: 20,456 Joined: 30-December 02 From: Now in Superior WI Member No.: 43 Region Association: Northstar Region |
I would pay that price for the right car. But I'm crazy like that.. (IMG:style_emoticons/default/screwy.gif) BTW: the right car would not include a picnic basket... (IMG:style_emoticons/default/wacko.gif)
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r_towle |
May 15 2015, 08:09 AM
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#15
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Custom Member Group: Members Posts: 24,574 Joined: 9-January 03 From: Taxachusetts Member No.: 124 Region Association: North East States |
I predict we break the 20k barrier and stay north of that this year.
We are close to it now, but given supply and demand on other models, we are the last way in for short money....so 20k is a valid number. I dont see 30k for a while unless its a gem. rich |
JmuRiz |
May 15 2015, 08:24 AM
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#16
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914 Guru Group: Members Posts: 5,426 Joined: 30-December 02 From: NoVA Member No.: 50 Region Association: MidAtlantic Region |
I have no issues with the seller asking that. Doesn't mean anyone will actually pay it, but there's no harm in asking.
If I put an ad for my car I'd list it at 2x that it's worth, just because I don't ever want to really sell it. |
Big Len |
May 15 2015, 08:39 AM
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#17
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Senior Member Group: Members Posts: 1,747 Joined: 16-July 13 From: Edgewood, New Mexico Member No.: 16,126 Region Association: Southwest Region |
It could be that Hagerty and NADA have a higher guide because they want to get higher premiums. In the NADA link, a 1973 2.0's average retail is over $23K. Even for a prime car, that seems a little high, maybe by just a few thousand.
I agree with Rich that $20K is getting more typical. And if that is the case, as I said before, make sure that rise is calculated into your insurance value. |
mepstein |
May 15 2015, 09:16 AM
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#18
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914-6 GT in waiting Group: Members Posts: 19,270 Joined: 19-September 09 From: Landenberg, PA/Wilmington, DE Member No.: 10,825 Region Association: MidAtlantic Region |
It could be that Hagerty and NADA have a higher guide because they want to get higher premiums. In the NADA link, a 1973 2.0's average retail is over $23K. Even for a prime car, that seems a little high, maybe by just a few thousand. I agree with Rich that $20K is getting more typical. And if that is the case, as I said before, make sure that rise is calculated into your insurance value. The problem is it usually takes $30k to get your car up to a $20k value |
eric9144 |
May 15 2015, 09:22 AM
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#19
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Advanced Member Group: Members Posts: 2,734 Joined: 30-March 11 From: San Diego, CA Member No.: 12,876 Region Association: Southern California |
Like Len pointed out, I just readjusted my AAA classic policy to $25k and they didn't blink an eye at that value...
Many of us are in denial that the prices are going up as much as they are, hell I paid $4300 for my car in the early-mid 90's from the original owner (IMG:style_emoticons/default/beerchug.gif) |
wes |
May 15 2015, 09:29 AM
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#20
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wes Group: Members Posts: 1,588 Joined: 8-December 07 From: Ukiah Ca Member No.: 8,436 Region Association: Northern California |
It could be that Hagerty and NADA have a higher guide because they want to get higher premiums. In the NADA link, a 1973 2.0's average retail is over $23K. Even for a prime car, that seems a little high, maybe by just a few thousand. I agree with Rich that $20K is getting more typical. And if that is the case, as I said before, make sure that rise is calculated into your insurance value. The problem is it usually takes $30k to get your car up to a $20k value (IMG:style_emoticons/default/agree.gif) |
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