Need Value Help
#1
Burning Brakes
Thread Starter
Need Value Help
Yes, I know its not a 6, but I am looking at a one owner 914 2.0, 1974 , Alaska blue Metallic with 65k.. It is dead solid, it has been resprayed but properly..
What is the market on this car.. the owner is asking 15k, but I think that is rich, I was thinking 8-10..
Please help me, I know 911's in my sleep, but I have never had a 914 and would love to mess around with one.
What is the market on this car.. the owner is asking 15k, but I think that is rich, I was thinking 8-10..
Please help me, I know 911's in my sleep, but I have never had a 914 and would love to mess around with one.
#2
Official Wednesday AM Red Bull F1 test driver
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Of the 4's, a '73 is best with a '74 next best considering options- 914's seem to be holding their value (if a good example) but 15K does seem a little high. Your range seems pretty reasonable and in line with values seen recently in Excellence, etc. If it's a good solid car and a 2.0 the value won't go down- buy it and enjoy it!
#4
Mine is pretty darn nice. Close to the museum piece description. I believe in the Excellence Valuations and that would put mine at a bit over $12K
For $15K it had better have a perfect interior, very low miles, a COA with matching numbers, no skeletons in the closet. Is that the original color? If not take $3K off right away.
The Valuations are in the November issue...
Rob
For $15K it had better have a perfect interior, very low miles, a COA with matching numbers, no skeletons in the closet. Is that the original color? If not take $3K off right away.
The Valuations are in the November issue...
Rob
#5
Check out 914club.com . There are pleanty of good options for substantially less. Also craig at camp914.com usually has some nice cars hanging around. I think he even has a nice 914/6 up right now. A few $ more, but really fast.
#6
Burning Brakes
Don't trust excellence as they reprint the article every year without updating the text. The market is changing for 914's quite fast.
Rough cars are still worth very little and perfect cars are now worth a lot. The problem is if your car has been repainted but is not perfect there will always be suspicion that the dreaded 914 tin worm have just been hidden rather than removed.
Any history on the repaint showing the body work before painting is the best thing for determining the vaue. if this shows all te usual rust spots being treated then $15k is fair. If not you could have a $5k car with a $2k repaint. 914's rust from the inside out so a superfical paint job can hide a lot.
Be careful.
Rough cars are still worth very little and perfect cars are now worth a lot. The problem is if your car has been repainted but is not perfect there will always be suspicion that the dreaded 914 tin worm have just been hidden rather than removed.
Any history on the repaint showing the body work before painting is the best thing for determining the vaue. if this shows all te usual rust spots being treated then $15k is fair. If not you could have a $5k car with a $2k repaint. 914's rust from the inside out so a superfical paint job can hide a lot.
Be careful.
#7
The text of the article in Excellence IS reprinted every year. The numbers aren't.
There are a number of economic factors that have been pushing the values of everything old cars included. These things are slowing down and in some cases even stalling. One example would be Home Equity Line of Credit accounts. Lots of people were buying old cars when the HELOC money was at 3.5% now that it is up over 8% you don't see that happening.
There are differences between American market for the car and European or Asian markets as well. There is currently a original restored 914-6 for sale in England for the equivelant of $62K. It was sold to the broker in England for $20K which is about market here. A buyer for my six backed out of buying mine for $14K because he could see and touch the one for $62K.
I would bet an offer of $12.5K would buy the car you are describing.
There are a number of economic factors that have been pushing the values of everything old cars included. These things are slowing down and in some cases even stalling. One example would be Home Equity Line of Credit accounts. Lots of people were buying old cars when the HELOC money was at 3.5% now that it is up over 8% you don't see that happening.
There are differences between American market for the car and European or Asian markets as well. There is currently a original restored 914-6 for sale in England for the equivelant of $62K. It was sold to the broker in England for $20K which is about market here. A buyer for my six backed out of buying mine for $14K because he could see and touch the one for $62K.
I would bet an offer of $12.5K would buy the car you are describing.
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#8
Burning Brakes
Reasonable 914/6 cars are getting about $30,000 here in Germany. There are always some guys who dream of big money but surprisingly they seem ot have the cars for a long time....:-)
I discount the Excellence article as if they are not bothered writing 400 words on the current market behaviour then how can we assume they don't just inflate the figures. Last time I checked I got the impression that their figures were just jacked up each year. Correct me if I'm wrong.
My point is that the gap between the better cars and the lesser cars is growing. (you can't read this in Excellence) and some people are trying to get lower standard cars sold as high quality because of the big price difference.
Have a look at this site to see what one guy did to restore a 914. The frightening thing is that the car as bought looks OK but as he strips it the problems are immense: http://www.hardman.org/pix/914_progr..._progress.html
I discount the Excellence article as if they are not bothered writing 400 words on the current market behaviour then how can we assume they don't just inflate the figures. Last time I checked I got the impression that their figures were just jacked up each year. Correct me if I'm wrong.
My point is that the gap between the better cars and the lesser cars is growing. (you can't read this in Excellence) and some people are trying to get lower standard cars sold as high quality because of the big price difference.
Have a look at this site to see what one guy did to restore a 914. The frightening thing is that the car as bought looks OK but as he strips it the problems are immense: http://www.hardman.org/pix/914_progr..._progress.html
#12
Poseur
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As I recall from 73 - 74 the 1974 cars had a bit more pollution control stuff on them than the 1973s, so for all other things being equal, the 1973 cars get a little better nod. I had a 1973 and recall Porsche was forced by 1974 to put a 1.8 litre engine into the little ones to partially offset the controls to get it to perform at least as well as the 1973 1.7 liters.
#13
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I think that is a bit high for what I have seen. I have two 914s (1970 with a 2.7 /6 and a 1972 -4 with a 2.0L). Get someone with 914 experience do a PPI I would do that. Like all early Porsche's they love rust and it can be hidden.
Is it still fuel injected? My 2.0L is now carb'ed and still has a lot of spunk (for using an FI cam). For that money I would expect everything to be perfect (or very close). Get a compression and leak down test performed.
Good luck either way you go with it.
Mike
Is it still fuel injected? My 2.0L is now carb'ed and still has a lot of spunk (for using an FI cam). For that money I would expect everything to be perfect (or very close). Get a compression and leak down test performed.
Good luck either way you go with it.
Mike
Last edited by mikelsr; 12-07-2006 at 08:12 PM.
#14
Official Wednesday AM Red Bull F1 test driver
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73 2 liters came with sway bars, appearance group etc std- in 74 most things were options and a lot didn't have the sway bars (NECESSARY) etc on them. They can be retrofitted but not real easy...the most important thing is a rust free body!
#15
Rennlist Member
I thought the main difference between the 73 and 74's was the added reinforcement in the doors on the 74's.
I restored this one and it has all options including Sways although it does not have the chrome bumpers, A/C and heated rear window. 89k original mile car with original bill of sale complete ground up restoration and even custom made 911 style wheel caps. Everything on this car is just about new including Pistons and cylinders from PO and full engine and tranny rebuild it was repainted in original Marathon Blue with matching numbers.
I was told that the current owner was offered $15k for it from a Japanese collector.
I restored this one and it has all options including Sways although it does not have the chrome bumpers, A/C and heated rear window. 89k original mile car with original bill of sale complete ground up restoration and even custom made 911 style wheel caps. Everything on this car is just about new including Pistons and cylinders from PO and full engine and tranny rebuild it was repainted in original Marathon Blue with matching numbers.
I was told that the current owner was offered $15k for it from a Japanese collector.