 Managing the value of the 914 |
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| PanelBilly |
 Dec 19 2015, 08:45 PM
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#1
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914 Guru  Group: Members Posts: 5,811 Joined: 23-July 06 From: Kent, Wa Member No.: 6,488 Region Association: Pacific Northwest 
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I've been thinking about witting this thread for a while now. I think we may have the ability to influence the pricing of the 914. I realize that we base values on past sales, but I think that the asking price sets the expectation of the final price.
If early 911s can run for $165,000-300,000 then the 914/6 should be in the same range. Creamsickles and Bumblebees should be up there too and excellent /4 should all be over the $100,000 mark. |
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Replies(60 - 75)
| Sedonut |
Dec 22 2015, 09:52 PM
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#61
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Member Group: Members Posts: 67 Joined: 18-May 14 From: Sedona, AZ Member No.: 17,367 Region Association: Southwest Region |
Future prediction with an almost guaranteed outcome. In probably less than 10 years self driving cars will be everywhere.
As soon as they are proven safe, in the name of SAFETY all cars that do not drive themselves will be deemed unsafe. All the people who don't enjoy driving much will think that is a great idea. They can spend more time on their smartphones or computers. Cars that require drivers will sometime later be illegal to drive on public roads. I enjoy restoring cars. I appreciate all the help the members of this site have given me in finding 40 plus year old parts. It's a journey. Of course, I would like to get my money back when I am done. I count my labor at .05 per hour. I love finding every part that brings my cars closer to perfect. I especially enjoy when someone admires my car. The car that I saved from the junkyard. Enjoy the day, don't worry about the value. |
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| somd914 |
Dec 23 2015, 06:16 AM
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#62
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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 |
QUOTE(Sedonut @ Dec 22 2015, 10:52 PM)  Future prediction with an almost guaranteed outcome. In probably less than 10 years self driving cars will be everywhere. As soon as they are proven safe, in the name of SAFETY all cars that do not drive themselves will be deemed unsafe. All the people who don't enjoy driving much will think that is a great idea. They can spend more time on their smartphones or computers. Cars that require drivers will sometime later be illegal to drive on public roads. I enjoy restoring cars. I appreciate all the help the members of this site have given me in finding 40 plus year old parts. It's a journey. Of course, I would like to get my money back when I am done. I count my labor at .05 per hour. I love finding every part that brings my cars closer to perfect. I especially enjoy when someone admires my car. The car that I saved from the junkyard. Enjoy the day, don't worry about the value. This thought has been bouncing around my head quite a bit. Elon Musk has gone as far as saying he'll push to have manned cars outlawed. Granted it will take time, certainly not in 10-15 years, but I could see it happening within 25-30 years. And as a software engineer, that industry scares the hell out of me given the complex dynamic world of driving and lack of government standards/regulation for development and testing. But I agree the market will do what it does with little or no influence from our small community. And with any collectable market, predictions are difficult, at least outside of the near term, because they are emotionally driven. |
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| struckn |
Dec 23 2015, 10:37 AM
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#63
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Senior Member Group: Members Posts: 1,069 Joined: 9-November 11 From: South Central York Pennsyvania Member No.: 13,764 Region Association: MidAtlantic Region |
QUOTE(somd914 @ Dec 23 2015, 04:16 AM) QUOTE(Sedonut @ Dec 22 2015, 10:52 PM) Future prediction with an almost guaranteed outcome. In probably less than 10 years self driving cars will be everywhere. As soon as they are proven safe, in the name of SAFETY all cars that do not drive themselves will be deemed unsafe. All the people who don't enjoy driving much will think that is a great idea. They can spend more time on their smartphones or computers. Cars that require drivers will sometime later be illegal to drive on public roads. I enjoy restoring cars. I appreciate all the help the members of this site have given me in finding 40 plus year old parts. It's a journey. Of course, I would like to get my money back when I am done. I count my labor at .05 per hour. I love finding every part that brings my cars closer to perfect. I especially enjoy when someone admires my car. The car that I saved from the junkyard. Enjoy the day, don't worry about the value. This thought has been bouncing around my head quite a bit. Elon Musk has gone as far as saying he'll push to have manned cars outlawed. Granted it will take time, certainly not in 10-15 years, but I could see it happening within 25-30 years. And as a software engineer, that industry scares the hell out of me given the complex dynamic world of driving and lack of government standards/regulation for development and testing. But I agree the market will do what it does with little or no influence from our small community. And with any collectable market, predictions are difficult, at least outside of the near term, because they are emotionally driven. I doubt seriously that that will ever happen. Looking at the Aircraft industry today for example, most commercial planes can fly and land unassisted but the private planes are left up to the Pilots to fly. I would say the future for the Automobiles at worst case would be as such, worst case might be Lane restrictions as on Interstate Highways. Thinking in the big picture it has been suggested that if the technology gets to the point that Machines do everything, and gain artificial intelligence, the next step would be they would cancel out the human race as being obsolete. (IMG:style_emoticons/default/mad.gif) |
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| 914werke |
Dec 23 2015, 03:47 PM
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#64
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"I got blisters on me fingers" Group: Members Posts: 10,116 Joined: 22-March 03 From: USofA Member No.: 453 Region Association: Pacific Northwest
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| somd914 |
Dec 23 2015, 04:37 PM
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#65
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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 |
QUOTE(struckn @ Dec 23 2015, 11:37 AM) I doubt seriously that that will ever happen. Looking at the Aircraft industry today for example, most commercial planes can fly and land unassisted but the private planes are left up to the Pilots to fly. I would say the future for the Automobiles at worst case would be as such, worst case might be Lane restrictions as on Interstate Highways. Thinking in the big picture it has been suggested that if the technology gets to the point that Machines do everything, and gain artificial intelligence, the next step would be they would cancel out the human race as being obsolete. (IMG:style_emoticons/default/mad.gif) But it's entirely different dynamic than aviation. With the US alone experiencing over 30,000 fatalities per year and over 2,000,000 injuries per year from auto accidents, coupled with the zero risk philosophy that has swept the country, there is an incredible push to make roads safer via automation - for us locally out here in the sticks, red light cameras and possibly speed cameras are coming with a promise of safer roads via technology. Plus the automated car industry is advocating manned cars as the major risk to automated cars in respect to accidents. And yes, I too had thoughts of Red Barchetta. But we digress, in the meantime let's see where our market goes in the next few years. |
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| Skydance |
Dec 23 2015, 05:09 PM
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#66
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Newbie Group: Members Posts: 30 Joined: 13-October 14 From: wisconsin Member No.: 18,015 Region Association: None |
QUOTE(Sedonut @ Dec 22 2015, 07:52 PM) Future prediction with an almost guaranteed outcome. In probably less than 10 years self driving cars will be everywhere. As soon as they are proven safe, in the name of SAFETY all cars that do not drive themselves will be deemed unsafe. All the people who don't enjoy driving much will think that is a great idea. They can spend more time on their smartphones or computers. Cars that require drivers will sometime later be illegal to drive on public roads. I enjoy restoring cars. I appreciate all the help the members of this site have given me in finding 40 plus year old parts. It's a journey. Of course, I would like to get my money back when I am done. I count my labor at .05 per hour. I love finding every part that brings my cars closer to perfect. I especially enjoy when someone admires my car. The car that I saved from the junkyard. Enjoy the day, don't worry about the value. Horse people talked about these same concerns ever since horses stopped being beasts of burden. Today the recreational use of horses has brought the population to it's highest number in the past fifty years. Considering the cost of ownership, shrinking countryside, escalating environmental restriction, and many other issues we still have a high and healthy horse population. I agree, autonomous vehicles will hit us fast. I don't think we'll see people lose all desires of driving, especially the classics, in fact the opposite is likely. Enjoy your ride, your living in the days of the old west! |
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| Sedonut |
Dec 23 2015, 05:32 PM
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#67
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Member Group: Members Posts: 67 Joined: 18-May 14 From: Sedona, AZ Member No.: 17,367 Region Association: Southwest Region |
Another factor will be those people that can not drive a stick shift.
Will people want a stick because they want to be involved with driving, or will they say it's too much trouble? Most cars built now do not even have an option for a stick shift. The car market tends to peak on models those in their top earning years wanted as a kid. If you look at the market for cars from the 30's to early 50's, the prices have dropped. The people that wanted them as a kid are dying off. I think we have a few more years of appreciation. |
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| Racer |
Dec 23 2015, 07:14 PM
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#68
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Senior Member Group: Members Posts: 787 Joined: 25-August 03 From: Northern Virginia Member No.: 1,073 Region Association: MidAtlantic Region |
Self driving (electric) cars will become commonplace in city centers to reduce congestion and the relatively little smog most places have nowadays.
This will slowly spread.. liberal places first like CA and some NE states. Eventually, older cars will be limited in use/locations. Till then, lets burn some fossil fuels and run into each other (IMG:style_emoticons/default/wink.gif) |
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| wes |
Dec 23 2015, 07:29 PM
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#69
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wes Group: Members Posts: 1,589 Joined: 8-December 07 From: Ukiah Ca Member No.: 8,436 Region Association: Northern California
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QUOTE(rdauenhauer @ Dec 23 2015, 01:47 PM) Thanks! Ah the day's of music videos, makes me think about the things these old eyes have seen, (IMG:style_emoticons/default/blink.gif) OH NO, PLEASE Don't TAKE MY STEERING WHEEL away! |
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| era vulgaris |
Jan 4 2016, 09:32 PM
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#71
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J is for Genius Group: Members Posts: 982 Joined: 10-November 13 From: Raleigh, NC Member No.: 16,629 Region Association: South East States |
QUOTE(struckn @ Dec 22 2015, 01:57 PM) However, the biggest competitor to the sale of a 914 is most likely MGB, Triumph or similar era sports car which although they too are increasing in value, they appear to be less costly while the current cost of the 914 seems to entering in to the too expensive range for the typical guy when compared to many British, Italian and Japanese cars on the market. This could reduce the number of potential buyers for the 914 and stabilize it's cost, or even drive down the cost. There were vastly more MGB's produced than 914's, given that the MGB production ran from '62-'80. The TR6, which like the 914 only ran from 70-76, might be a counterpart. However the problem with both of those examples is that they don't have the legacy that the Porsche brand does. There's not an equatable-value or equatable-demand car like the 356 or 911 in either the MG or Triumph roster. I don't see Triumphs or MG's pulling the kind of money that older Porsches do. Plus I've owned a TR6. I can tell you that 914 owners are in general are WAAAAAY cooler than Triumph owners! |
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| ConeDodger |
Jan 4 2016, 09:51 PM
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#72
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Apex killer! Group: Members Posts: 23,605 Joined: 31-December 04 From: Tahoe Area Member No.: 3,380 Region Association: Northern California
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QUOTE(era vulgaris @ Jan 4 2016, 11:32 PM) QUOTE(struckn @ Dec 22 2015, 01:57 PM) However, the biggest competitor to the sale of a 914 is most likely MGB, Triumph or similar era sports car which although they too are increasing in value, they appear to be less costly while the current cost of the 914 seems to entering in to the too expensive range for the typical guy when compared to many British, Italian and Japanese cars on the market. This could reduce the number of potential buyers for the 914 and stabilize it's cost, or even drive down the cost. There were vastly more MGB's produced than 914's, given that the MGB production ran from '62-'80. The TR6, which like the 914 only ran from 70-76, might be a counterpart. However the problem with both of those examples is that they don't have the legacy that the Porsche brand does. There's not an equatable-value or equatable-demand car like the 356 or 911 in either the MG or Triumph roster. I don't see Triumphs or MG's pulling the kind of money that older Porsches do. Plus I've owned a TR6. I can tell you that 914 owners are in general are WAAAAAY cooler than Triumph owners! So apparently you don't think smoking a pipe is cool? (IMG:style_emoticons/default/av-943.gif) (IMG:style_emoticons/default/lol-2.gif) |
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| mgp4591 |
Jan 4 2016, 10:30 PM
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#73
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914 Guru Group: Members Posts: 5,380 Joined: 1-August 12 From: Salt Lake City Ut Member No.: 14,748 Region Association: Intermountain Region
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QUOTE(wes @ Dec 23 2015, 06:29 PM) QUOTE(rdauenhauer @ Dec 23 2015, 01:47 PM) Thanks! Ah the day's of music videos, makes me think about the things these old eyes have seen, (IMG:style_emoticons/default/blink.gif) OH NO, PLEASE Don't TAKE MY STEERING WHEEL away! Besides, who wants to drive a gleaming alloy air car that's two lanes wide?? (IMG:style_emoticons/default/blink.gif) |
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| era vulgaris |
Jan 4 2016, 10:36 PM
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#74
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J is for Genius Group: Members Posts: 982 Joined: 10-November 13 From: Raleigh, NC Member No.: 16,629 Region Association: South East States |
QUOTE(ConeDodger @ Jan 4 2016, 10:51 PM) So apparently you don't think smoking a pipe is cool? (IMG:style_emoticons/default/av-943.gif) (IMG:style_emoticons/default/lol-2.gif) Driving gloves, goggles, and leather RAF helmets are also pretty lame. http://www.mossmotors.com/Shop/ViewProduct...teIndexID=30640 The fact that their main parts supplier also sells this "apparel" tells says it all. (IMG:style_emoticons/default/lol-2.gif) The one thing that Moss Motors doesn't sell is the metal rod that most of the Triumph owners I met had inserted up their ass. That must be something you have to supply on your own. (IMG:style_emoticons/default/av-943.gif) |
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| Larmo63 |
Jan 4 2016, 10:38 PM
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#75
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Advanced Member Group: Members Posts: 4,264 Joined: 3-March 14 From: San Clemente, Ca Member No.: 17,068 Region Association: Southern California |
We could buy a bunch of old Crown Victorias and ghost drive them into self driving cars, (on purpose,) causing the designers of those untested abominations to run back to their collective drawing boards?
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| Amphicar770 |
Jan 4 2016, 10:47 PM
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#76
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Senior Member Group: Members Posts: 1,195 Joined: 20-April 10 From: PA, USA Member No.: 11,639 Region Association: MidAtlantic Region
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The 911 bubble will burst just a surely as the Mopar bubble burst and prices came crashing back down to earth.
When these bubbles occur it becomes economically viable to restore even marginal cars to a high standard. This eventually saturates the market and POP goes the bubble. While 911's were not as common as Mustangs, there were still a lot of them produced. I always have, and still do, prefer the 914. |
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