In today's market, what its worth |
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914/4: 70 71 72 73 74 75 76 914/6: 70 71 72
In today's market, what its worth |
dempwolf@pctribe.com |
Dec 24 2008, 06:20 PM
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#1
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Member Group: Members Posts: 82 Joined: 30-April 08 From: Sherman Oaks, CA Member No.: 8,993 Region Association: Southern California |
There is an original '70 914-6 Zero miles on a rebuilt motor and transmission, the trany has the original tail shifter. Whatever bodo was in the car it's all gone and nothing left but metal. Owner wanted to repaint the car in his favorite color, so part of the car is primer and the other is black. The original color is a blue. The wheels are original steel with hub caps. Everything on the car is perfect, the car is waiting for paint. What would it be worth to you? I'm thinking about it.
I've seen very, Very nice ones go for $40k before the market went south, don't think that car would bring the same price today, I believe. Your thoughts are appreciated. Thanks Karl |
dw914er |
Dec 24 2008, 06:28 PM
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#2
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Planning Cities Group: Members Posts: 2,364 Joined: 1-March 08 From: Yucaipa, CA Member No.: 8,763 Region Association: Southern California |
5 dollars.... jk
not too sure. paint can be expensive, also hows the interior. |
Johny Blackstain |
Dec 24 2008, 07:15 PM
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#3
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Walnut Elite Stratocaster player Group: Members Posts: 3,434 Joined: 5-December 06 From: The Shenandoah River Member No.: 7,318 Region Association: MidAtlantic Region |
If it's all there & if it's all done right, (IMG:style_emoticons/default/rolleyes.gif), I'd agree to $40k in yesterdays' market. You'd be lucky to get $30k today & more likely $25k.
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URY914 |
Dec 24 2008, 08:21 PM
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#4
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I built the lightest 914 in the history of mankind. Group: Members Posts: 120,811 Joined: 3-February 03 From: Jacksonville, FL Member No.: 222 Region Association: None |
Come on-it needs a paint job and has steel wheels.
10-15K tops. |
Pat Garvey |
Dec 24 2008, 08:25 PM
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#5
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Do I or don't I...........? Group: Members Posts: 5,899 Joined: 24-March 06 From: SE PA, near Philly Member No.: 5,765 Region Association: North East States |
It's all about wants & needs. Supply & demand.
Having not seen any pics of this car & knowing next to nothing about its history, nor its underside condition, etc - I wouldn't put any value on it. And, I want one just like it badly. How bout some better info & pics. Pat |
Johny Blackstain |
Dec 24 2008, 08:37 PM
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#6
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Walnut Elite Stratocaster player Group: Members Posts: 3,434 Joined: 5-December 06 From: The Shenandoah River Member No.: 7,318 Region Association: MidAtlantic Region |
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PanelBilly |
Dec 24 2008, 08:39 PM
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#7
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914 Guru Group: Members Posts: 5,808 Joined: 23-July 06 From: Kent, Wa Member No.: 6,488 Region Association: Pacific Northwest |
I buy low. Its the way to make money. I'd take $6000 cash and I mean cash and try to steal it. That is if the car was worth $12-15. If that doesn't work, show them the math of how much you'd pay to bring the car up to standard and deduct that from the devalued prices or reference the so called perfect car that sold at BJ last year. Remind them that values have gone down from last year too. Maybe $6 is too high, don't be afraid to offer too less, you can go up, but not down
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Porsche Rescue |
Dec 25 2008, 09:37 AM
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#8
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Saving and Enjoying Old Porsches Group: Members Posts: 2,978 Joined: 31-December 02 From: Bend, Oregon Member No.: 64 Region Association: None |
If the car is as described it is worth at least $10,000, maybe more. A total investment of $20K would be fairly safe. If the drive train is "new" and done properly it alone is worth $5-7,000. A rust-free straight six roller cannot be found for less than $5K and that would be a bargain. Wheels are insignificant. Fourteen inch Fuchs can be bought for $250 a set. Good steel wheels with nice hubcaps are probably more rare and I like the look better on a stock six.
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dempwolf@pctribe.com |
Dec 26 2008, 10:52 AM
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#9
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Member Group: Members Posts: 82 Joined: 30-April 08 From: Sherman Oaks, CA Member No.: 8,993 Region Association: Southern California |
Thanks for all your comments. The car will be perfect when done, no doubt about it, interior and exterior. Carlab wants 10k to finish the job by putting it all back together by painting it the original color and by removing the faulty undercoating which I saw and is a shiny black paint like finish instead of the dull tar looking stuff that the car came with. I have no pictures and if I did most would not be interested, only those that see this as a wonderful opportunity and to possibly finish it themselves. And that is NOT something I would be able to accomplish. If I had not bought the '72 I own now and needs attention, I would jump at the chance.
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tod914 |
Dec 28 2008, 11:25 AM
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#10
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Advanced Member Group: Members Posts: 3,755 Joined: 19-January 03 From: Lincoln Park, NJ Member No.: 170 |
Demp I see your from Sherman Oaks. I lived out there from 97 -2001. There was a guy out there at the time that had 2 914-6s. An
Orange one and a Blue one. That wouldn't happen to be you by chance? Did Carlab give you a price by chance for the finished car? |
Lavanaut |
Jan 6 2009, 04:01 PM
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#11
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Hungry Mind : Thirsty Gullet Group: Members Posts: 916 Joined: 20-June 06 From: Bend, OR Member No.: 6,265 Region Association: Pacific Northwest |
Everything on the car is perfect, the car is waiting for paint. Taking that statement as true - meaning that $10k more and you will have a "perfect" 914-6 with a freshly rebuilt engine - I am really surprised to see such low prices being thrown out. Yes, even in today's market. Not everyone is hurting for cash right now, and exceptional cars will always fetch a premium. As described I believe you could sell the car for mid-30s if you were patient, maybe more. The "current market" is just that. It certainly doesn't mean these cars won't be worth as much as they were "yesterday". On the contrary, they'll likely be worth more. Reid |
carr914 |
Jan 6 2009, 06:16 PM
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#12
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Racer from Birth Group: Members Posts: 118,784 Joined: 2-February 04 From: Tampa,FL Member No.: 1,623 Region Association: South East States |
But the question was "what is it worth as it sits"
$35,000 (finished value) - $10,000 (shop cost) - $5,000 (misc stuff) = $20,000 And to sell it for a profit, means you have to buy it for no more than $15,000, otherwise it's not worth doing unless you're made of money. Now if the plan was to get it perfect and keep it long-term (IMG:style_emoticons/default/confused24.gif) T.C. |
Lavanaut |
Jan 6 2009, 06:37 PM
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#13
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Hungry Mind : Thirsty Gullet Group: Members Posts: 916 Joined: 20-June 06 From: Bend, OR Member No.: 6,265 Region Association: Pacific Northwest |
Agreed, what's it worth as it sits. Karl doesn't mention flipping or that it's a short-term investment. And taking at face value what we've been told (I am for the sake of argument), you can strike the $5k "misc. stuff" since he says everything is already perfect except for paint, and the $10k includes reassembly.
Really though I was surprised at the $6k, and $10-$15k numbers thrown out. I think at or just north of $20k you'd be sitting pretty when the dust settled. ...assuming you don't change the color of course. (IMG:style_emoticons/default/smile.gif) |
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