QUOTE(andreic @ Dec 19 2017, 11:23 PM)
I think it all depends if it was fresh water or saltwater. (If fresh water I think $4.5k is not a bad price for it.) But my guess is it was saltwater, the car was sold at auction in Louisiana, and there's plenty of salt water there...
Even with this the dealer was not honest -- he stated that the car was sold at auction in NY... Oh well.
The current dealer is in PA. When I stopped and talked to him he was not interested in selling the car. this was back in October. claimed he wanted to build a track car out of it. He had another much shittier looking red 914 on the lot and I had tried to convince him to use it and not to butcher up the yellow car because it looked so nice. I did not know about the water issue or the salvage title and wasn't interested in picking up another project. I stopped because I had seen the red 914 on the lot previously and now there was a yellow one also. Really just stopped to BS with the owner.
It looks like it was purchased at auction by someone in Kentucky So its possible that they did the cleanup and then put it back on auction, and this dealer picked it up.
Great research on this car has been done by the members here, and again I don't have a dog in this fight, so it doesn't matter much to me.
But my car was really in much worse shape than this. and I would have been glad to start out with a body in this good of condition.
But water in the engine, water in the trans, gauges, fuel injection etc. would bring the value down quite a bit.