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!! |
somd914 |
May 15 2015, 01:22 PM
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#21
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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 |
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) I'm not in denial, I just disagree with NADA's numbers. Based on what I've seen advertised between here, Pelican, Hemmings, E-Bay, Craigslist, etc I feel Hagarty's numbers are are more realistic for both 914s and 911s, especially if you follow their condition guide. As for insurance, since most of us likely pay based on agreed value, trumping up the values doesn't work in insurance companies favors. It only penalizes us if we undervalue our own cars since we won't get market price in a settlement, thus we'll be paying out of pocket to replace it. If we over value it, well then I have spare cash to buy everyone beer! (IMG:style_emoticons/default/beer3.gif) Don't get me wrong, I like owning an appreciating toy for a change - beats the hell out of the sailboat in that respect... But I'd hate to see 914s go the same way as early 911s, 356s, and of recent, 930s. For those looking to sell, it's great, for those looking to own and drive, then pass on to my car enthusiast sons, it's not necessarily good news. |
worn |
May 15 2015, 08:13 PM
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#22
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can't remember Group: Members Posts: 3,156 Joined: 3-June 11 From: Madison, WI Member No.: 13,152 Region Association: Upper MidWest |
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) I saw a unicorn. My wife took me to see Harry Potter. |
Porschef |
May 16 2015, 01:23 PM
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#23
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How you doin' Group: Members Posts: 2,165 Joined: 7-September 10 From: LawnGuyland Member No.: 12,152 Region Association: North East States |
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) Hey what happened to the 356 crowd pic? |
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