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why 914 value is still low?

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Old 12-05-2016, 03:44 PM   #1
doridori
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Smile why 914 value is still low?

All the air-cooled Porsches value have increased significantly over the last few years except the 914 (excluding the 914/6).

1. What do you guys think the reasons are?
2. Do you guys think the 914 value will eventually go up much more? If so, when?

Cheers!
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Old 12-05-2016, 06:13 PM   #2
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Values for a good original 914 without rust issues have gone up- problem is, many out there have not been taken care of, had undesireable mods, etc. Those can quickly be discarded by someone who knows what he's looking for.
Every so often you'll find a "barn" find (probably wrong term as they aren't covered in dust and mouse crap) that is low miles and very clean- you'll pay decent money for it.
You have to REALLY want a 914 if you're going to restore it properly because you'll spend a LOT more on the restoration than the car will be worth to someone else when you're done.
I really don't want to add up what I spent on restoring my '73- I don't care because sentamentally it worth more to me, and my son will get it when I'm gone. Luckily my other car, my first, the '71 is in great shape as I've owned it since new, and it will go to my other son. I'm lucky that both my boys inherited the car gene from their dad and grandfather...
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Old 12-05-2016, 06:16 PM   #3
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The 914 of course was the entry model Porsche and hence was purchased by many new to the Porsche market. Most of these people did not know how to take care of the cars vs the 911s so many were abused. However, since the cars were so dependable and simple, they are easy and inexpensive to keep running. Hence these days, we see many many 914s out there that are so bad that they would NEVER be worth restoring, yet still run. These card dilute the market, the few very nice 914s still "fetching" high dollars. Of the last eight we have sold in the last month and a half, all sold for between 19,500 and 22,500. The low no mile original paint examples 35-49 thousand.
As a byword, I have personally seen many many 914s in the past couple of months sell for around ten thousand that are not worth 3500, people just do not know what they are getting themselves into with these cars.
As the nice 914s evaporate into collections, the dregs will be left and those values will then rise. We can compare these to 356 models. Every piece of a 356 is fairly valuable these days, and scrap sells for over 20 thousand dollars that back at the turn of the century NO ONE would have thought it anything but a parts car.
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Old 12-08-2016, 03:24 AM   #4
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There are (2) 914-6s at the Chequered Flag (w. L.A.) right now.
I believe priced in the mid $70s , and probably will sell right around asking price. Not an out of the ordinary price either for an original six í!
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Old 12-09-2016, 12:05 PM   #5
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very reasonable for original never wrecked or rusted California cars, you guys are spoiled out there!
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Old 12-09-2016, 11:35 PM   #6
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Looked at their website at those two 6s. The blue looks nice until you see the interior and then it gets fishy- adjustable passenger seat?? I don't think so on an "original" 1970! The silver one has an interior that needs some work but it at least looks real. The rest of the silver car looks pretty nice at least in the pictures.
My favourite is the '66 ivory 912. That looks really NICE!!
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Old 12-10-2016, 02:15 PM   #7
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just looked at the blue one, pretty clean, paint job is sort of sloppy, has a reproduction dot compliance sticker installed, and as said the movable pass seat some funky hardware aftermarket carpeting and seat upholstery looks like it may have been cracked up in the front end under the bumper and into the pan, no underneath shots of course, later model radio. Cannot be all bad though, has many of our receipts displayed!!! LOL
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Old 12-10-2016, 02:21 PM   #8
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I had seen both of these cars on e bay before, the silver one has been heavily cracked up in the front end more on the right, and probably the rear as well, has painted headlight surrounds rather than white, obviously the aftermarket wheel (looks like an original comes with it though) and although is more original than the blue one, rougher than it.
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Old 12-12-2016, 10:44 AM   #9
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Quote:
Originally Posted by doridori View Post
All the air-cooled Porsches value have increased significantly over the last few years except the 914 (excluding the 914/6).

1. What do you guys think the reasons are?
2. Do you guys think the 914 value will eventually go up much more? If so, when?

Cheers!
1. They made a ton of them
2. VW made the 4s?
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Old 12-12-2016, 07:13 PM   #10
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vw made the fours as well as the sixes but Porsche installed the power plant in the sixes
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Old 12-17-2016, 04:26 PM   #11
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Quote:
Originally Posted by Domer911 View Post
1. They made a ton of them
2. VW made the 4s?
This is it, in the seven year run they made about 120,000 of them. Lots of cars available.
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Old 12-18-2016, 12:33 AM   #12
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I am into mine for a purchase price of $750.00, purchased as a nice dry, Montana car originally, with great bones, but needing mechanical expense.
At 64,000 miles and in the summer of 1994, it had a flat bed tow off the Interstate and into the closest Porsche dealership for some head work/valves-and a few electrical gremlins. The guy couldn't pay for the repair, it sat for 6 months and I bought for the mechanics lien, so basically the car was free.
Today I have a little under 5500.00 into it. It is a purist's car and shown in Porsche Concours events. I had a firm offer not long ago for $36,000, which I turned down. I love it dearly and it owes me NOTHING, I am not a 'flipper', and would rather own the car than the money.

So, I have a bit of trouble not believing really great cars aren't appreciating or gaining value along with all the other Porsches. I searched for nearly 10 years to find an unrusted and unbent car, so when this mechanical repairable nearly fell into my lap for chump change, I felt elated. When these cars were but 10 years old, the well was drying up on great cars driving around the neighborhood. I would not be surprised if a study were to reveal 80-90% of that 120,000 volume production has turned to iron oxide or been destroyed by accidents or parted. I think the rate of 'missing in action' 914s is much higher than most Porsches except maybe the 924.

Gladly enjoying 22 years of great drives; showing it to appreciative Porsche enthusiasts has been rewarding. Maybe someday I will enjoy the financial appreciation as well......but for now a chance at mid 30 thousand pricing on a less than 6,000 investment over 22 years is good return on investment.

Smiles from drives not counted.
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Old 12-19-2016, 03:46 PM   #13
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totally agree with that. The outstanding cars are either in the hands of collectors or very very expensive as there just aren't that many out there. Most 914s unlike 911s have been through the mill but still drive, many sagging down the road from rust.
Because of the rarity of clean unmolested 914s, the prices will continue to rise. Many now are paying crazy money for 914-6 JUNK, as virtually nothing nice is now available on the market
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Old 12-21-2016, 02:33 PM   #14
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Quote:
Originally Posted by doridori View Post
All the air-cooled Porsches value have increased significantly over the last few years except the 914 (excluding the 914/6).

1. What do you guys think the reasons are?
2. Do you guys think the 914 value will eventually go up much more? If so, when?

Cheers!
fewer people find the 914 interesting / appealing as compared with a 911.
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Old 12-26-2016, 09:25 AM   #15
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I thinks it's a great thing that prices have not gone through the roof, it allows average people to still enjoy these amazing cars, I had my sites on picking up a 964 a few years back when they could easily be had in the mid 20s. At that price I could take it to the track, or turn it into a back date, have some fun and not feel like I was pouring money down the drain, now forget it, it's no longer a possibility, I wish they would all plummet in value so the people that want to actually drive and enjoy them could participate.:bigbye
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