What's a 1975 1.8L project worth? Options

[andreic]

Someone in my general area is selling a 1975 project. I haven't yet looked at it, but the owner says the motor has been completely rebuilt by a local shop (no details provided), possibly up to 1.9L. The L-Jet FI is included but no guarantees on its condition. The engine and transmission are out of the car, which has been recently repainted by a local shop (probably a decent driver quality paint job, nothing special).

The seller says the car came from Oregon and has no rust. I have not yet independently confirmed this, as the car is more than 3 hours away from me. If I were to go take a look at it this would be the first thing to check. The interior is in rough condition and will need to be replaced or redone somehow. (For example the dash has a split in it.)

The seller asks $5000 for this project. Is that high, low, etc.? What would it be worth?

I apologize if this is the wrong forum for asking this question. I am happy to move it to another category if people suggest that I should do it.

[JeffBowlsby]

Lets see,

A 75 1.8L is the lowest performing 914 made. Modded to 1.9L by an unknown entity, and the engine does not run because the FI is 'dubious'. Uh-huh.

Drivetrain is pulled, and all required parts for reassembly are not confirmed. You will definitely need some parts that are missing. Paint is average, interior needs total replacement.

Brakes, electrical, exhaust? Numerous things may still need attention and fixing them carries a price tag.

When a car is not functional, its nothing more than a parts car. Value it accordingly. Even running, a 75 1.8L in the described condition is not a top dollar 914. Imagine this same car in running condition, and what effort it will take to get it there. Deduct that value for pain and suffering and that's its value as it sits. Probably less than its value as parts alone if your time is worth anything.