Values —— |
|
Porsche, and the Porsche crest are registered trademarks of Dr. Ing. h.c. F. Porsche AG.
This site is not affiliated with Porsche in any way. Its only purpose is to provide an online forum for car enthusiasts. All other trademarks are property of their respective owners. |
|
Values —— |
sixaddict |
Jan 28 2023, 08:26 AM
Post
#1
|
Senior Member Group: Members Posts: 856 Joined: 22-January 09 From: Panama City Beach, FL Member No.: 9,961 Region Association: South East States |
The following is quote from recent Hagerty emailing.
“The collector car market climbed steeply for two years, but may have reached cruising altitude. Data from our various indexes, which track specific vehicle segments, indicate rationality is returning. If you watched recent Mecun auction you’d never know it. Kind of like real estate in my neighborhood…….market cooled, sellers just don’t know it yet ( or acknowledge it with prices). Probably accurate from watching things hang around longer. There’s more extensive information in the article this was just the tease. For what it’s worth. |
emerygt350 |
Jan 28 2023, 08:44 AM
Post
#2
|
Advanced Member Group: Members Posts: 2,473 Joined: 20-July 21 From: Upstate, NY Member No.: 25,740 Region Association: North East States |
Panorama has a nice bit on 914 valuations this month.
|
sixaddict |
Jan 28 2023, 09:26 AM
Post
#3
|
Senior Member Group: Members Posts: 856 Joined: 22-January 09 From: Panama City Beach, FL Member No.: 9,961 Region Association: South East States |
Will have to check it out…..didn’t see it on quick scan obviously not too observant.
|
Lockwodo |
Jan 28 2023, 11:47 AM
Post
#4
|
Member Group: Members Posts: 209 Joined: 23-December 21 From: Santa Cruz, Californnia Member No.: 26,193 Region Association: Northern California |
|
emerygt350 |
Jan 28 2023, 04:11 PM
Post
#5
|
Advanced Member Group: Members Posts: 2,473 Joined: 20-July 21 From: Upstate, NY Member No.: 25,740 Region Association: North East States |
|
emerygt350 |
Jan 28 2023, 04:12 PM
Post
#6
|
Advanced Member Group: Members Posts: 2,473 Joined: 20-July 21 From: Upstate, NY Member No.: 25,740 Region Association: North East States |
Tried fixing that pic but no luck.
Attached thumbnail(s) |
emerygt350 |
Jan 28 2023, 04:13 PM
Post
#7
|
Advanced Member Group: Members Posts: 2,473 Joined: 20-July 21 From: Upstate, NY Member No.: 25,740 Region Association: North East States |
|
GregAmy |
Jan 28 2023, 04:18 PM
Post
#8
|
Advanced Member Group: Members Posts: 2,389 Joined: 22-February 13 From: Middletown CT Member No.: 15,565 Region Association: North East States |
Anyone who's interested in paying $55k for my '74 2L, please PM me. I can leave tomorrow morning to deliver it to you at no charge.
|
Michael N |
Jan 29 2023, 08:18 PM
Post
#9
|
Certifiable Group: Members Posts: 1,426 Joined: 6-June 04 From: San Jose, Ca Member No.: 2,164 Region Association: Northern California |
I was surprised that Panorama actually created a separate tracking for the Limited Edition cars. First time in a pricing guide that I saw them actually tracked separately. Bravo Panorama!
|
TonyA |
Jan 29 2023, 08:31 PM
Post
#10
|
Nachmal Group: Members Posts: 558 Joined: 17-November 16 From: Hilltown PA Member No.: 20,596 Region Association: North East States |
Yep it makes sense to group the LE separately just like the 914-6
|
JeffBowlsby |
Jan 29 2023, 10:11 PM
Post
#11
|
914 Wiring Harnesses Group: Members Posts: 8,706 Joined: 7-January 03 From: San Ramon CA Member No.: 104 Region Association: None |
Yep it makes sense to group the LE separately just like the 914-6 ‘Bout time I say. (IMG:style_emoticons/default/biggrin.gif) |
Chris914n6 |
Jan 29 2023, 10:24 PM
Post
#12
|
Jackstands are my life. Group: Members Posts: 3,407 Joined: 14-March 03 From: Las Vegas, NV Member No.: 431 Region Association: Southwest Region |
Doesn't directly apply to 914s but I saw some things when I was doing a valuation for Dad's TR4. Lots of restored cars listed for big bucks but not selling and/or being paid for. Sold cars were mostly good drivers for $8-15k. Unfortunately the cost of doing even a DD resto put it over that.
914s have plenty of real world advantages over a 60s British roadster, but I think it's a glimpse of the future... 1 Everyone that did well in the stock market cashed out and bought something already. 2 The group of enthusiasts of cars this old is getting smaller, as in, aging out - too old to drive, other priorities, dying, yada. 3 Younger drivers are sold on the features of newer stuff. $30k buys a nice modern car with A/C, paddle shift, airbags, etc. 4 Current and short term (hopefully) financial market situation. 5 Cars are getting too expensive to restore to justify it. Mainly because of the labor market. There will always be collectors and builders, but I think the classic car boom is ending with the Boomers. |
Steve |
Jan 29 2023, 10:41 PM
Post
#13
|
914 Guru Group: Members Posts: 5,698 Joined: 14-June 03 From: Orange County, CA Member No.: 822 Region Association: Southern California |
There was a mint 74 2.0 at Cars & Coffee yesterday. He wanted $30k for it. Some people said it’s $10k under valued…?? Last week there was a clean not mint 73 for $34k. We all know those are asking prices.
|
rjames |
Jan 30 2023, 12:55 AM
Post
#14
|
I'm made of metal Group: Members Posts: 4,132 Joined: 24-July 05 From: Shoreline, WA Member No.: 4,467 Region Association: Pacific Northwest |
QUOTE There will always be collectors and builders, but I think the classic car boom is ending with the Boomers. I tend to believe this, too. |
wonkipop |
Jan 30 2023, 02:04 AM
Post
#15
|
Advanced Member Group: Members Posts: 4,658 Joined: 6-May 20 From: north antarctica Member No.: 24,231 Region Association: NineFourteenerVille |
Doesn't directly apply to 914s but I saw some things when I was doing a valuation for Dad's TR4. Lots of restored cars listed for big bucks but not selling and/or being paid for. Sold cars were mostly good drivers for $8-15k. Unfortunately the cost of doing even a DD resto put it over that. 914s have plenty of real world advantages over a 60s British roadster, but I think it's a glimpse of the future... 1 Everyone that did well in the stock market cashed out and bought something already. 2 The group of enthusiasts of cars this old is getting smaller, as in, aging out - too old to drive, other priorities, dying, yada. 3 Younger drivers are sold on the features of newer stuff. $30k buys a nice modern car with A/C, paddle shift, airbags, etc. 4 Current and short term (hopefully) financial market situation. 5 Cars are getting too expensive to restore to justify it. Mainly because of the labor market. There will always be collectors and builders, but I think the classic car boom is ending with the Boomers. (IMG:style_emoticons/default/agree.gif) drive them while you can. |
Unobtanium-inc |
Jan 30 2023, 08:44 AM
Post
#16
|
Advanced Member Group: Members Posts: 2,260 Joined: 29-November 06 From: New York Member No.: 7,276 Region Association: None |
The following is quote from recent Hagerty emailing. “The collector car market climbed steeply for two years, but may have reached cruising altitude. Data from our various indexes, which track specific vehicle segments, indicate rationality is returning. If you watched recent Mecun auction you’d never know it. Kind of like real estate in my neighborhood…….market cooled, sellers just don’t know it yet ( or acknowledge it with prices). Probably accurate from watching things hang around longer. There’s more extensive information in the article this was just the tease. For what it’s worth. I'm seeing this all over Porscheland, everyone is telling me the high prices from several years ago, but these prices don't reflect today's reality. I recently had this happen with a family who was selling their dad's car. They said, "Daddy said it was worth XXX" I showed them 4 other cars, same model, I had bought in the last 18 months and what they sold for. We were able to come to terms that worked for everyone, but often people hold out for a price they saw on BAT or one they heard about, only to still have their car months later. One of the benefits of being really in tune with the market is you can capitalize on an upward trend because you see it before others do, but the downside is you then have to watch the early, middle, and end of a downward trend, long before anyone knows it's there. |
rhodyguy |
Jan 30 2023, 08:52 AM
Post
#17
|
Chimp Sanctuary NW. Check it out. Group: Members Posts: 22,192 Joined: 2-March 03 From: Orion's Bell. The BELL! Member No.: 378 Region Association: Galt's Gulch |
The Barrett/Jackson auction is insanity. 800k+ cars seems like a dime a dozen. 1M is not out of line. Used cars…everyone needs a black 6x6 Range Rover sporting yellow ASBs.
|
Bullethead |
Jan 30 2023, 09:00 AM
Post
#18
|
Oil Cooled heart Group: Members Posts: 910 Joined: 24-June 10 From: South Florida Member No.: 11,875 Region Association: South East States |
Doesn't directly apply to 914s but I saw some things when I was doing a valuation for Dad's TR4. Lots of restored cars listed for big bucks but not selling and/or being paid for. Sold cars were mostly good drivers for $8-15k. Unfortunately the cost of doing even a DD resto put it over that. 914s have plenty of real world advantages over a 60s British roadster, but I think it's a glimpse of the future... 1 Everyone that did well in the stock market cashed out and bought something already. 2 The group of enthusiasts of cars this old is getting smaller, as in, aging out - too old to drive, other priorities, dying, yada. 3 Younger drivers are sold on the features of newer stuff. $30k buys a nice modern car with A/C, paddle shift, airbags, etc. 4 Current and short term (hopefully) financial market situation. 5 Cars are getting too expensive to restore to justify it. Mainly because of the labor market. There will always be collectors and builders, but I think the classic car boom is ending with the Boomers. (IMG:style_emoticons/default/agree.gif) drive them while you can. (IMG:style_emoticons/default/agree.gif) Ditto. Sooner or later we'll all be gone and someone else will have them. |
Unobtanium-inc |
Jan 30 2023, 09:22 AM
Post
#19
|
Advanced Member Group: Members Posts: 2,260 Joined: 29-November 06 From: New York Member No.: 7,276 Region Association: None |
Doesn't directly apply to 914s but I saw some things when I was doing a valuation for Dad's TR4. Lots of restored cars listed for big bucks but not selling and/or being paid for. Sold cars were mostly good drivers for $8-15k. Unfortunately the cost of doing even a DD resto put it over that. 914s have plenty of real world advantages over a 60s British roadster, but I think it's a glimpse of the future... 1 Everyone that did well in the stock market cashed out and bought something already. 2 The group of enthusiasts of cars this old is getting smaller, as in, aging out - too old to drive, other priorities, dying, yada. 3 Younger drivers are sold on the features of newer stuff. $30k buys a nice modern car with A/C, paddle shift, airbags, etc. 4 Current and short term (hopefully) financial market situation. 5 Cars are getting too expensive to restore to justify it. Mainly because of the labor market. There will always be collectors and builders, but I think the classic car boom is ending with the Boomers. I'm seeing lots of interest in Porsche from young guys, they tend to buy cars on the rougher side, guys with more ambition than money. I routinely push these guys toward the 914. I tell them they can spend $20,000-25,000 on the worst 356 on the planet or spend the same amount on a 914 and have a lot of fun instantly. Many have taken my advice. But as these same guys make more money they are coming back to buy pricier cars, guys in their 40's and 50's, so not boomers. I don't think we will see another sky rocketing of prices like we saw around 2015, but we aren't going to see any big drops either, I'm seeing more of a leveling off on prices with some backtracks from record highs, but nothing too crazy. |
Lockwodo |
Jan 30 2023, 10:54 AM
Post
#20
|
Member Group: Members Posts: 209 Joined: 23-December 21 From: Santa Cruz, Californnia Member No.: 26,193 Region Association: Northern California |
(IMG:style_emoticons/default/agree.gif)
I bought my 914 from a millennial. Porsches like 356s, 911s and 914s will continue to have broad appeal. I have several 60's V8 cars and they plateaued some years back. But they sure are fun to drive and maintain. As wonkipop said, "drive them while you can". |
Lo-Fi Version | Time is now: 31st October 2024 - 04:52 PM |
All rights reserved 914World.com © since 2002 |
914World.com is the fastest growing online 914 community! We have it all, classifieds, events, forums, vendors, parts, autocross, racing, technical articles, events calendar, newsletter, restoration, gallery, archives, history and more for your Porsche 914 ... |