Car Appraisal in US Dollars, What would you appraise this car at in US Dollars Options

[tracks914]

Living where I live I only have one Auto Appraiser in town. ($350 for an appraisal) I know we don't do this for the money but I feel he might have under valued my car as he came in 50% less in value than my '72 1.7.
I would like to know what the worlds foremost authority on 914's think. Afterward I will tell all what he appraised my car at and hopefully I can take this to him and have him re assess the value.
I'm just finishing a restoration and want to get my car insured before I store it for winter. Here is what the car has.
1973 2.0
2.0 engine and drive line from an original 38,000 mile car.( I have known this car since I was a kid) Engine compression tested at 135 psi(x4), then torn down and re sealed and gasket ed and painted GT red. (Ok I made the GT red thing up) Same with transmission.
Monza 4 pipe exhaust
Car - rotisserie restored - frame up similar to thread "Restoration From Hell"(will post my own thread later this winter.) including new frame rails, new floors new door sills and new sail panels.
GT FG Flares
Custom steel rockers
Custom rear wing
Custom Electric Mirrors
Custom gray and black interior including seats from 88 Corolla
SS inserts in dash and console.
Front and rear swaybars- OEM
New brakes - all around
New brake lines and hoses - all around
New brake, clutch and speedometer cables
New Tie rods and ball joints
New Shocks all around
5 bolt conversion
996 Rims and new tires
FG front and rear 916 kit with custom driving lights and grill
New carpet
New front and rear trunk gas shock kits
New signal lenses
Custom high mount rear brake light
Black painted aluminum trim
Momo Dino Steering wheel
Audi VDO Gauges
Alpine MP3 CD player
Excellent condition 38.000 mile(24 year indoor stored car) complete rubbers all around
(with the car I still have the complete original '75 38000 mile cherry interior)
I'm sure there is much more that I am lissing but you get the point.
What do you think?
BTW the pictures in the garage don't do it justice.

[tracks914]

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[tracks914]

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[tracks914]

If my range is too much of a spread please post your value down below.
Thanks
Doug

[auerbach]

Wow -- totally stock! $20k. A beautiful car.

[tod914]

If the car was 100% or close to stock/original, it would be easier to come up with a number. Alot of classic car auto insurance car companies in the USA do not require an apprasial for a stated value
policy. Not sure how it is by you. I would go that route and find a company that will give you a stated value that you both agree on. Very nicely done btw.

[Joe Owensby]

A beautiful looking car. I recently had my restoration appraised at 15,000. I had receipts at the time for a little over that for parts that I had bought to do everything. I decided to have standard insurance so I could drive the car anytime or anywhere I wanted to. I have replacement insurance for the appraised value.

By the way, I love your side mirrors, third brake light, and console. Could you share exactly what those are from? Thanks, JoeO

[jimkelly]

replacement cost

[tracks914]

Wow -- totally stock!

Amazingly I could return it to stock in a weekend for everything but the FG Flares and mirrors.

[PeeGreen 914]

Honestly, from an appraisers stand point he is going to comein very low right now. Reasons why are:

- He works to protect the bank/ insurance Co's and they are very tight right now.
- Your car is very nice but not stock. Many times they view any alterations to a collector car to devalue the car.
- He doesn't really know what he is looking at.

Honestly the car is very well done and I think if you went to sell it you would most likely get over 12k for it. I am sure you have more than that into it but that's the way things go. I would go with a company like Hagerty where you can just tell them a value and your replacement cost that you want to be insured for.

[tracks914]

By the way, I love your side mirrors, third brake light, and console. Could you share exactly what those are from? Thanks, JoeO

I got the mirrors off a '95 Olds 88. (See my thread on fitting them on this site.)
The 3rd brake light is an $8 Ebay purchase from China (thread on that one too) Lots of fitting.
The console, bottom 1/2 came with the car and top 1/2 was bought off Ebay. They were an after market item.
Stainless Steel dash inserts, console inserts and targa wear bar were all once door kick plates that I got from a scrap yard a few years back. Even more fitting but worth it.

[dw914er]

the car is very nice. But since its more modified, its gonna hold more value to someone that just love the car. Stock probably will make more money on average.


anyways, its still a very nice car

[Cap'n Krusty]

You've used the term "restored". It is NOT restored, it's rebuilt and modified to your personal tastes (not necessarily a bad thing, mind you). "Restored" means returned to its original configuration/condition. While you obviously have a LOT of time and effort into the project, it cannot ever be of as much actual market value as a car returned to it's stock configuration/condition. In the car evaluation business, as well as the car sales business, your car is considered "personalized". I know a guy whose cars were so personalized no car dealer would take any of them in trade (or even buy them outright), including a '91 C4, a '91 Westy (should have been worth more as a trade in than the C4!), and an '84 Corvette. I sold the Westy for him, and had a difficult time getting HALF what a stock one would have brought.

The Cap'n

[tronporsche]

show him the car that sold at barret jackson for $10k that maybe was not as nice as yours, and show him the contours car that just won the contest, beating 356s'. Maybe he'll see a better value. Id even show em the six that is trying to sell for $55k. Nice car.

[JeffBowlsby]

If you will complete and post this 914 Condition Assessment we would know how to better value it. The value of these cars has mostly to do with condition.

http://members.rennlist.com/914_collectibles/914caf1.0.pdf

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[PanelBilly]

No amount of money could replace your efforts. I think a fair price for the car would be $10,000, but that may be hard to get in this economy.

[Todd Enlund]

I think that the spread in votes reflects the difficulty in valuing a customized car.

I think it's a very nice car, but it's not what I would build. It might be worth $20K to someone what had visions of building the same style of car. Someone else may see a car that, as nice as it is, needs a lot of work and parts to turn it back into a nice stock 914.

[tracks914]

Here is my first car...stock 1.7. I wanted something more fun in this car but wasn't expecting his appraisal to be so low.

[Richard Casto]

First, let me say that car looks very nice.

However, just as with the car I am building for myself, you have customized this to your own tastes. Particularly the non-stock interior. I am sure you spent a lot of money on that, but I would put it all at a negative. Basically I would subtract however much it would take to put the interior back to stock. It would be hard to put a value on the body unless I saw the quality of your "digging into hell" repair. But from what I see the body looks very nice. I think that Steel flares may either have no effect or a slightly positive effect. I personally think that FG flares subtract from the value of the car. The suspension freshinging and upgrades is a plus. I am also not a fan of the 916 look, but that is a personal preference.

I picked the 8-11k but would say it's 8k +/-. I know you had to have spent more than that on it. But I expect my car to be the same situation.

PS: Is it me, or does you car look to be riding high?

[tracks914]

The car is riding high in the front, I still have an alignment to do and wheel spacers to put on.
I'm not worried about what I have into it because in true 914 fashion I shopped for deals and I won't loose any money on the car. The appraiser was impressed with the interior and said it only brought the value down by $500 to $700. It is sooo much more comfortable that I think it is worth it. I think any 914 driver who sits in it would be happy to pay par for it.