QUOTE(SirAndy @ Mar 21 2021, 08:15 AM)
If you own the property where you store the shells and parts then storage cost isn't that much of a concern. As long as things are stored dry and out of the weather.
Sometimes that math works, sometimes it doesn't. When we moved our shop over 12 years ago the market for turd early 911's had gone to the toilet, so we stuffed the old building with everything that was in the yard, locked the door and moved on. The building was paid for, so it didn't cost anything. We then waited. Then 2015 came and long hoods were white hot, we sold all of them for good money. But can this idea apply to turd 914's? Several problems arise:
1. Average 914's have never been white hot. Nice examples continue to climb at nice rates, very well done custom cars at about the same pace. But your average 914, no one is driving 8 states to be the first to buy it, or shipping them across the world for the privildge.
2. So thinking of them as sources for parts. This too is problematic. When Parts Heaven closed down they packed a shipping container with parts and sent it to AA in Atlanta. I bet George paid for the container, and not much more. So there are huge parts stashes, from places that have sold parts for decades, so some of this stuff just doesn't sell, ever, and never will. Who is going to pay big money for core seats, or cracked dashes, or lump 1.7 motors, and don't get me started on gearboxes.
Hoarding 914's that you drive around 3-4 states to get would be a fun adventure, but a money losing one. There are too many decent 914's left to make the turd ones super valuable and the parts are not in short supply. It's like collecting 924/944/928's, there are far more off the road then on, so parts are plentiful.