Thinking of selling..., Need some advice |
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Thinking of selling..., Need some advice |
Hi_Fi_Guy |
Jun 9 2005, 07:56 PM
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#1
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Tuetonic terror Group: Members Posts: 375 Joined: 12-August 03 From: Sunny Phoenix, AZ Member No.: 1,019 |
914Club members. After much deliberation I have decided to get out of Porsches for a while. The Boxster is gone and I have just about talked myself into letting the 914 go.
(IMG:http://www.hifidesign.com/studio_ftp/hifi_uploads/914/1974_914.jpg) For those who don't know my car it is a 1974 with a few mods: Raby 2270 TYPE IV Full chassis & body restoration by Patrick Motorsport - New paint, sail panels, all rubber moldings replaced with Porsche parts, - New windsheild & windshield trim - Carerra front suspension and brake upgrades (5 lug conversion) - Coil overs in rear with PM rear brake upgrade (handbrake IS functional) - Adjustable front sway bar - Rebuilt Transaxle - Fiberglass decklids & bumpers - 6 x 16 Fuchs New interior using German materials from World Upholstery New interior & trunk carpets via Morphenspectra plus headliner Decklid struts & original Blaupunkt from Camp 914 Well over $50k spent to date, litterally no expense spared. Car has won it's class in 3 PCA events (out of 3 entered) and has been featured in a few Regional PCA mags. I hate to put it on eBay if I don't absolutely have to. I want to find it a good home and still get a fair price. So, what should I be asking for this car? What is it really worth in the market today? |
gregrobbins |
Jun 10 2005, 06:46 PM
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#81
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Member: Team NARP Group: Members Posts: 1,515 Joined: 23-March 04 From: Arizona Member No.: 1,844 Region Association: Southwest Region |
No question that both of the two factory 914-8s with the 908 motors are worth more than 50K. Someone like Seinfeld would love to add one of them to their collection. Also the #40 Sonauto class winner at Le Mans if it still exists. As for the remark that Brian's car has a "simple" 4, I don't think so, but I'll let Jake respond to that.
Recently a restored LE without the original motor and carburators sold for $15000. Would the original motor with D-Jet added to the value? Probably. So there may be a few others, but not many. Will he sell it? Who knows and even if he does, there isn't much chance we will ever find out the price. Fun to speculate. |
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GWN7 |
Jun 10 2005, 07:09 PM
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#82
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King of Road Trips Group: Members Posts: 6,280 Joined: 31-December 02 From: Winnipeg, MB, Canada Member No.: 56 Region Association: Northstar Region |
Look on ebay for 356's. There were way more of those made (built for 16 yrs) than 914's (6 yrs). Of the 17 compleated 356 sales from May 26th to June 10th, the cars average was $22,000
Now look at the 914's - 23 sales (same period) average price $2570 A 356 roller went for $2,325 Earlier this year a 914-6 roller went for almost that much. Are prices out of line, Yep. They have been going up over the last few years. In 10 years (356's were built from 49-66) they (914's) might be equal to what 356's are bring these days. But what will 356's bring? For every 914 that is cut up, it adds $10 to the price of your car. All I need is 2000 more 914's cut up and mine will be worth something. (IMG:http://www.914world.com/bbs2/html/emoticons/smile.gif) |
anthony |
Jun 10 2005, 07:23 PM
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#83
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2270 club Group: Benefactors Posts: 3,107 Joined: 1-February 03 From: SF Bay Area, CA Member No.: 218 |
You can add this one to your list. There was also that Italian concours condition 914-4 that sold for low twenties a couple of years ago on ebay. This car is a custom hod rod 914 with an engine that costs 2-3X what most 914s are worth. You can't class this car with stock 914s. |
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mack914 |
Jun 10 2005, 07:59 PM
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#84
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Member Group: Members Posts: 387 Joined: 5-July 04 From: Toledo, Oh Member No.: 2,306 |
Set up an E-bay account and and buy it for the club member who has the worst looking car and can prove it. (IMG:http://www.914world.com/bbs2/html/emoticons/wacko.gif) (IMG:http://www.914world.com/bbs2/html/emoticons/wacko.gif) (IMG:http://www.914world.com/bbs2/html/emoticons/wacko.gif) (IMG:http://www.914world.com/bbs2/html/emoticons/wacko.gif) (IMG:http://www.914world.com/bbs2/html/emoticons/wacko.gif) (IMG:http://www.914world.com/bbs2/html/emoticons/wacko.gif)
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vortrex |
Jun 10 2005, 08:31 PM
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#85
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Senior Member Group: Members Posts: 1,687 Joined: 24-December 02 From: SF, CA Member No.: 4 Region Association: None |
this is just plain silly. |
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GWN7 |
Jun 10 2005, 10:23 PM
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#86
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King of Road Trips Group: Members Posts: 6,280 Joined: 31-December 02 From: Winnipeg, MB, Canada Member No.: 56 Region Association: Northstar Region |
This one went for just over 17K and it was a 6............
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boxstr |
Jun 10 2005, 10:36 PM
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#87
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MEMBER:PACIFIC NORTHWEST REGION Group: Members Posts: 7,522 Joined: 25-December 02 From: OREGON Member No.: 12 Region Association: Pacific Northwest |
I have said it before and I will say it again. Using an auction, be it BJ or Ebay, Russo and Steele, Bonhams, Silver, Kruse or Meccums is not a true indicator of value for a vehicle. There are to many unknowns and outside variables that can seriously alter the sale price of a car at auction.You do not know for sure if the car actually sold, it may have been a shill bidder. The price may have been negotiated up or down after the auction is over. To many unknowns. It is fun to watch and observe the prices people pay for cars at auction. But remember one thing "The price you pay is the price you are comfortable with, not necessarily the value of the vehicle."
Craig C. Laughlin CAMP 914 |
mistro |
Jun 10 2005, 10:44 PM
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#88
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Member Group: Members Posts: 148 Joined: 12-March 04 From: Highland Park, IL Member No.: 1,786 Region Association: None |
I agree keep it and store it, but just for the record, I'm actually offering $15.5K Rgds, Michael |
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SpecialK |
Jun 10 2005, 11:50 PM
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#89
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aircraft surgeon Group: Benefactors Posts: 3,211 Joined: 15-March 04 From: Pacific, MO Member No.: 1,797 |
Wow (IMG:http://www.914world.com/bbs2/html/emoticons/ohmy.gif) ...Thanks Miles.......I didn't see that rust that was hidden by his obviously photoshopped original photo of the car........The extent that some people will go to sell their rust buckets.....I'll give you $200 for it right now, and won't tell anyone about it......no....really! (IMG:http://www.914world.com/bbs2/html/emoticons/wink.gif) (IMG:http://www.914world.com/bbs2/html/emoticons/biggrin.gif)
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vortrex |
Jun 11 2005, 10:41 AM
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#90
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Senior Member Group: Members Posts: 1,687 Joined: 24-December 02 From: SF, CA Member No.: 4 Region Association: None |
yeah, and how can you even begin to compare those two cars??? the -4 is a full blown professional down to bare metal chassis restoration with raby 2270 motor, new trans, new suspension, 16" fuchs, new interior, etc, etc, etc. |
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Bleyseng |
Jun 11 2005, 11:57 AM
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#91
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Aircooled Baby! Group: Members Posts: 13,035 Joined: 27-December 02 From: Seattle, Washington (for now) Member No.: 24 Region Association: Pacific Northwest |
but there are 914-4's out there with low miles (13k?) in original condition that I would buy first over a restoration. Just because someone paid $50k to make a new 914 4 car doesn't mean its worth $50k. Not when there still are low mile original cars out there for $10k. Ok, it does have a Raby motor but that doesn't increase its value $10k. Its not what you invested its what the market will bear for the end result. Still its a great car! IMHO there are only a few 4 cars that are worth alot of money due to their rarity which is what separates them from the common 4. I see John Lowe is selling his 914/6GT project for $50k, now is that worth it??? |
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