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> Value of my engine?
mb911
post Jul 9 2020, 03:26 PM
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Cairo94507
post Jul 9 2020, 03:58 PM
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I am sorry to heat that Ben. Is that a $15K engine or more? If I needed one or had another 914, I would snap it up because I know how you build stuff plus Henry at Supertec is one of the best. Good luck and I hope you resolve this w/o having to sell the motor. (IMG:style_emoticons/default/beerchug.gif)
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Coondog
post Jul 9 2020, 04:27 PM
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Questions you have to answer on the cabin.

What’s my equity today vs 10 years from now

What’s my yearly cost on the cabin going to be

How often am I going to spend time there

Is it cheaper to stay in a hotel

Did I build the cabin as a retirement home to enjoy as I get older

Don’t know if your married but what does your wife say. Cabin or engine ?

Was this the motor going in your car ?

Porsche motors are a dime a dozen of course rebuilding the right way is $$$$$
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mb911
post Jul 9 2020, 04:29 PM
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The cabin is built on family land and our boys wanted it.. We don't go there much.. Our kids would be sad..
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Coondog
post Jul 9 2020, 04:35 PM
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QUOTE(mb911 @ Jul 9 2020, 03:29 PM) *

The cabin is built on family land and our boys wanted it.. We don't go there much.. Our kids would be sad..



You just answered your own question
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Superhawk996
post Jul 9 2020, 04:36 PM
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Ben sorry to hear that you are in this position.

I'm a terrible judge of value on an engine. I can vouch for the excessive costs to machine a 2.4L case. I have in excess of $7500 in my 2.4L case maching, rebuilding the heads completely, and having a set of rods reconditioned.

Still looking at $4k for P&C's. Very easy to spend $2K on miscellaneous hardware (studs, head nuts, washers, gasket kits, bearings, etc.)

I just looked at cost of Carbs vs ITB FI closely and concluded that it is a $3k endeavour to do a set of Weber carbs properly and about $5.5 to do ITB FI with PMO ITB's & Megasquirt.

A six is not a cheap endeavour for anyone in doubt.

I'd keep in mind, a house is typically and appreciating asset as previously mentioned. An engine depreciates every time it is run.
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mb911
post Jul 9 2020, 04:49 PM
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I just need to sell like 30 sets of heat exchangers right now..
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Superhawk996
post Jul 9 2020, 04:51 PM
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restore2seater
post Jul 9 2020, 05:42 PM
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Another consideration is the time it takes to get the money in your bank account. Which would be more likely to sell quick enough for whatever time frame you need for the money. Would the sell of the cabin possibly take longer going through all the paper work compared to selling the engine? Would it take longer to sell the engine on one of the forums compared to what ever the housing market is for your cabin?
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infraredcalvin
post Jul 9 2020, 05:48 PM
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Can’t quite tell if the motor parts were coordinated by Henry and assembled by someone else or if Henry built the motor and you have the documentation to prove it. Big cost differential either way.

I’m not tracking, but I am noticing that the larger engines 3.2 and up seem to be the easier sale these days. Are you prepared to sit on either for some time and wait for them to sell?

Any opportunity to take a cash out refi on the cabin? Rates are low enough that it my get you past your financial hurdles.
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IronHillRestorations
post Jul 9 2020, 05:49 PM
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If you could get the engine to a dyno and get some verified power output, it would be a valuable selling tool.

From the hip, I'd say $10,000-$16,000 if you find the right buyer. Probably cost $20k to replicate
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Chris914n6
post Jul 9 2020, 05:53 PM
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The engine would be easy to replace. The family memories... not so much.

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Coondog
post Jul 9 2020, 06:00 PM
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QUOTE(mb911 @ Jul 9 2020, 03:49 PM) *

I just need to sell like 30 sets of heat exchangers right now..




Call James Patrick and give him a offer he can’t refuse. I have told him 1000 times yours blows the doors off Billy Boats HE.
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mb911
post Jul 9 2020, 06:10 PM
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wes
post Jul 9 2020, 07:48 PM
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As mentioned above refinancing is very favorable right now with the best rates I’ve seen throughout my lifetime, brokers bagging for loans. I’d seriously recommend that route.
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gms
post Jul 13 2020, 09:03 AM
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where is the cabin located? is it on a lake or river?
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mb911
post Jul 13 2020, 09:05 AM
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QUOTE(gms @ Jul 13 2020, 07:03 AM) *

where is the cabin located? is it on a lake or river?



Glenn its in Gillett WI on a lake..
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gms
post Jul 13 2020, 09:40 AM
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too far way for me (IMG:style_emoticons/default/sad.gif)
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rhodyguy
post Jul 13 2020, 10:03 AM
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Reality, regardless. You answered your question.
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Ian Stott
post Jul 13 2020, 10:32 AM
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How do I access your build thread?

Ian Stott
Moncton
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