Value added, for a one owner car? |
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Value added, for a one owner car? |
DblDog |
Oct 18 2019, 09:46 AM
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#1
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Member Group: Members Posts: 164 Joined: 8-February 05 From: San Rafael, CA Member No.: 3,578 Region Association: Northern California |
This is a question of value added for the sale of a 914 that is still owned by to original purchaser. 914’s are now 49 to 43 years old, so an original owner car is fairly unusual...
The car in question is a 72. The window sticker shows a non-appearance group car, model 473024, with tinted windshield and black paint as the only options. Current condition... Not numbers matching and not running, so a ‘roller’. All documents from new...110,000 miles. It has been garaged continuously except for one or two years...some rust in the hell hole but other wise very solid including floor pans and longs. One respray and needs another. Engine and transmission: engine is a stock 73, 1.7 with SSI 2 liter heat exchangers. Transmission has been rebuilt and has M - S third and fourth gears. Wheels are Fuchs (5), brakes and suspension need upgrading. Shocks are red Koni’s. Interior...except for after market radio, all original. All original glass, dash has no cracks, a complete carpet set in good condition except for left pedal rest, no tears or rips in the upholstery or speaker cut outs in doors. Would like to hear comments from this most unique community... |
Chi-town |
Oct 18 2019, 10:07 AM
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#2
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Senior Member Group: Members Posts: 850 Joined: 31-August 18 From: Disneyland Member No.: 22,446 Region Association: Southern California |
So it's a 1 owner project car that has rust and needs a lot of work?
$1000-3500 depending on color and actual condition |
GregAmy |
Oct 18 2019, 10:08 AM
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#3
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Advanced Member Group: Members Posts: 2,284 Joined: 22-February 13 From: Middletown CT Member No.: 15,565 Region Association: North East States |
"Roller" means no drivetrain installed.
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mepstein |
Oct 18 2019, 10:13 AM
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#4
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914-6 GT in waiting Group: Members Posts: 19,254 Joined: 19-September 09 From: Landenberg, PA/Wilmington, DE Member No.: 10,825 Region Association: MidAtlantic Region |
I’d rather have a nice 10 owner car than a one owner pos.
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Mikey914 |
Oct 18 2019, 10:25 AM
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#5
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The rubber man Group: Members Posts: 12,649 Joined: 27-December 04 From: Hillsboro, OR Member No.: 3,348 Region Association: None |
Only worth a small premium if it's in great shape or has a story. Even then, only what it's worth to you. Documents also add to the value. Is there a paper trail of service going back to the factory sticker?
Missing engine kind of negates some of the "added" value (at least in my mind). At the end of the day it's mostly what's in front of you. Very little rust a big adder ++ some hell hole work=at par, lots of rust / project=??? maybe run I bought a roller with a busted engine, low mileage, but German delivery with docs from the factory, even a passport for the cars. Great interior.Technically a one owner car for $1600 The kicker is that it's a MI car a lot of rust. I'll dump another 15k min into making this a great car again. But sometimes it's the journey. The real question is the rust on your car any your ability to deal with it |
Maltese Falcon |
Oct 18 2019, 11:18 AM
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#6
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Advanced Member Group: Members Posts: 4,636 Joined: 14-September 04 From: Mulholland SoCal Member No.: 2,755 Region Association: None |
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IronHillRestorations |
Oct 18 2019, 11:25 AM
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#7
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I. I. R. C. Group: Members Posts: 6,716 Joined: 18-March 03 From: West TN Member No.: 439 Region Association: None |
Condition (X3). Ownership only adds value to a valuable car. A one owner heap of rust is no more valuable than a 10 owner heap of rust. A very clean one owner, is another story
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Larmo63 |
Oct 18 2019, 11:27 AM
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#8
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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 |
Pictures of this car would help a lot.
I think it sounds pretty good, but photos will say a lot about the car. |
Tdskip |
Oct 19 2019, 11:25 AM
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#9
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Advanced Member Group: Members Posts: 3,686 Joined: 1-December 17 From: soCal Member No.: 21,666 Region Association: None |
IMHO one owner only helps for a premium sale of a car already worth a premium.
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mepstein |
Oct 19 2019, 11:58 AM
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#10
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914-6 GT in waiting Group: Members Posts: 19,254 Joined: 19-September 09 From: Landenberg, PA/Wilmington, DE Member No.: 10,825 Region Association: MidAtlantic Region |
IMHO one owner only helps for a premium sale of a car already worth a premium. (IMG:style_emoticons/default/agree.gif) |
dr914@autoatlanta.com |
Oct 19 2019, 12:06 PM
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#11
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914 Guru Group: Members Posts: 7,832 Joined: 3-January 07 From: atlanta georgia Member No.: 7,418 Region Association: None |
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brcacti |
Oct 19 2019, 12:36 PM
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#12
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1974 914 1.8 Group: Members Posts: 674 Joined: 17-July 19 From: PHX AZ 60 miles south Member No.: 23,302 Region Association: Southwest Region |
excellent point and eloquently stated. IMHO one owner only helps for a premium sale of a car already worth a premium. Yes, seems very logical to me (IMG:style_emoticons/default/agree.gif) |
Amphicar770 |
Oct 20 2019, 07:25 AM
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#13
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Senior Member Group: Members Posts: 1,188 Joined: 20-April 10 From: PA, USA Member No.: 11,639 Region Association: MidAtlantic Region |
If you find a one owner gem, that gives you some reassurance that it was well loved throughout it's life. A one owner junker, just the opposite.
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914forme |
Oct 20 2019, 07:40 AM
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#14
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Times a wastin', get wrenchin'! Group: Members Posts: 3,896 Joined: 24-July 04 From: Dayton, Ohio Member No.: 2,388 Region Association: None |
Never a premium for a one-owner car unless the owner is in some way connected to the creation or somehow famous enough that it supports the higher price due to prominence.
Example: One owner car from Stephen Jacobs = market value, most likely less as that jerk modifies all his cars. One owner car from Steve McQueen = significantly more than market, and if it was a movie car it goes up from there. One owner car that you have direct relationship with the original owner = priceless, but you still have to get it for a price, to be fair, I would say market value with condition wrapped in. |
DblDog |
Oct 25 2019, 08:18 AM
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#15
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Member Group: Members Posts: 164 Joined: 8-February 05 From: San Rafael, CA Member No.: 3,578 Region Association: Northern California |
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mepstein |
Oct 25 2019, 09:40 AM
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#16
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914-6 GT in waiting Group: Members Posts: 19,254 Joined: 19-September 09 From: Landenberg, PA/Wilmington, DE Member No.: 10,825 Region Association: MidAtlantic Region |
I like it but the only two things that really matter is that you like it and it's not too rusty. (IMG:style_emoticons/default/beerchug.gif)
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914forme |
Oct 25 2019, 10:42 AM
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#17
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Times a wastin', get wrenchin'! Group: Members Posts: 3,896 Joined: 24-July 04 From: Dayton, Ohio Member No.: 2,388 Region Association: None |
(IMG:style_emoticons/default/agree.gif)
I just purchased this car one owner, low miles, very rare color etc.... I paid a slight premium for it. I paid for the low miles, unique color, and rarity / documentation. I would not have cared if it had 12 owners as longs it was this nice in my driveway. |
burton73 |
Oct 25 2019, 05:17 PM
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#18
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burton73 Group: Members Posts: 3,510 Joined: 2-January 07 From: Los Angeles Member No.: 7,414 Region Association: Southern California |
I’d rather have a nice 10 owner car than a one owner pos. (IMG:style_emoticons/default/agree.gif) Bob B |
Unobtanium-inc |
Oct 26 2019, 07:25 AM
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#19
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Advanced Member Group: Members Posts: 2,202 Joined: 29-November 06 From: New York Member No.: 7,276 Region Association: None |
One owner only carries weight if the car is damn near perfect. I'll give two examples.
First one was a 69 911E, bought by an Army Copter pilot, picked up at the Factory, where he special ordered it. Parked in 72, where I pulled it out of the barn. That's a special car. 2nd example, 1999 Mercedes C43 AMG, bought it from the original owner, a DR in Atlanta, so everything was dealer maintained, all records, and completely stock. I've maintained it for 13 years, it still looks really good, for a 20 year old car. But the car you're describing the original owner angle doesn't help much because it needs a full restoration and isn't original. Attached thumbnail(s) Attached image(s) |
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