In CNN Business this morning, 10 cars that could make great investments in 2020 |
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In CNN Business this morning, 10 cars that could make great investments in 2020 |
DblDog |
Dec 26 2019, 02:42 PM
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#1
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Member Group: Members Posts: 164 Joined: 8-February 05 From: San Rafael, CA Member No.: 3,578 Region Association: Northern California |
https://cdn.cnn.com/cnnnext/dam/assets/1912...exlarge-169.jpg
1970-1976 Porsche 914 The Porsche 914 got little respect until recently. Because of its association with Volkswagen, the Porsche 914 was, for many years, derided as something less than a genuine Porsche. In the late 1960s, the idea was for the two companies to work together on what was to be an entry-level Porsche that would also be sold as a VW sports car. The VW version never made it to market but the Porsche 914 was made available with an 85-horsepower VW-built four-cylinder engine. The car was light, fun and cost less than $4,000 new. The 6-cylinder version, called the 914/6, had much more power but was also much more expensive at nearly $6,000. That version did not sell well and was discontinued in 1971. Today, with classic Porsche 911 prices becoming prohibitive for many, the 914 is getting a second look from collectors. It may also help that a new generation of potential buyers doesn't look down its at nose at VW engineering — see the Corrado above. Besides, now that Porsche is part of the Volkswagen Group, the mingling of DNA seems retrospectively natural. Price when new: $7,250 Est. value today: $32,900—$50,500 Did you sell too low? |
jmitro |
Dec 26 2019, 08:35 PM
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#2
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Senior Member Group: Members Posts: 713 Joined: 23-July 15 From: Oklahoma Member No.: 18,986 Region Association: None |
IMO those quoted prices only apply to very nice, very original models with no accident history and excellent service records. Or to limited edition or superbly restored models. Average or project cars won't bring $30k
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campbellcj |
Dec 27 2019, 03:15 AM
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#3
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I can't Re Member Group: Members Posts: 4,593 Joined: 26-December 02 From: Agoura, CA Member No.: 21 Region Association: Southern California |
The thing about the -6 having 'much more power' is also a stretch - common wisdom is that it was actually the LACK of significantly more power at a much higher price is what killed-off the -6.
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Beeliner |
Dec 28 2019, 07:08 PM
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#4
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Member Group: Members Posts: 398 Joined: 2-August 14 From: Fairfield, CT Member No.: 17,725 Region Association: North East States |
1. I turned down the 914-6 as a graduation gift as it was too much above the 914-4 and why did I need the extra HP in NYC? This was in 1970.
So I got the 914-4... $2995 + Appearance Group $200... Is my memory faulty??? I'm 72 yrs now.... |
campbellcj |
Dec 30 2019, 12:24 AM
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#5
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I can't Re Member Group: Members Posts: 4,593 Joined: 26-December 02 From: Agoura, CA Member No.: 21 Region Association: Southern California |
1. I turned down the 914-6 as a graduation gift as it was too much above the 914-4 and why did I need the extra HP in NYC? This was in 1970. So I got the 914-4... $2995 + Appearance Group $200... Is my memory faulty??? I'm 72 yrs now.... That price point sounds about right to me although I wasn't quite in the market myself back then (IMG:style_emoticons/default/wink.gif) To contrast the sticker on a 70 911E I used to have was like $10.5 ish and IIRC the 914-6 was >$7K which 'threatened' the 911T model having the same engine and similar pricing, in particular. |
rick 918-S |
Dec 30 2019, 06:12 AM
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#6
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Hey nice rack! -Celette Group: Members Posts: 20,826 Joined: 30-December 02 From: Now in Superior WI Member No.: 43 Region Association: Northstar Region |
Fake news.
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EdwardBlume |
Dec 30 2019, 09:12 AM
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#7
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914 Wizard Group: Members Posts: 12,338 Joined: 2-January 03 From: SLO Member No.: 81 Region Association: Central California |
Fake news. (IMG:style_emoticons/default/agree.gif) (IMG:style_emoticons/default/agree.gif) The only person I ever trusted on value was Bruce Andersen. RIP |
SirAndy |
Dec 30 2019, 01:55 PM
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#8
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Resident German Group: Admin Posts: 41,945 Joined: 21-January 03 From: Oakland, Kalifornia Member No.: 179 Region Association: Northern California |
Fake news. Really? (IMG:style_emoticons/default/slap.gif) In the original article, you can clearly see that those prices come straight from Hagerty. |
SKL1 |
Dec 30 2019, 09:21 PM
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#9
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Senior Member Group: Members Posts: 1,646 Joined: 19-February 11 From: north Scottsdale Member No.: 12,732 Region Association: Upper MidWest |
Price in late 1970 was base just under 4K, or around 3900. Appearance group added some as did 5.5" wheels.
My 9/70 build 1971 914 had a sticker of around $4300. Since I still have the car I do have the original bill of sale somewhere in my records... From this point on I don't think good 914's will ever go down in value. |
infraredcalvin |
Dec 31 2019, 11:26 AM
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#10
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Distracted Member Group: Members Posts: 1,575 Joined: 25-August 08 From: Ladera Ranch, CA Member No.: 9,463 Region Association: Southern California |
My ‘75 came with the window sticker, IIRC the base price was in the high 6k, with options final MSRP was around $7500...
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rick 918-S |
Dec 31 2019, 08:01 PM
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#11
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Hey nice rack! -Celette Group: Members Posts: 20,826 Joined: 30-December 02 From: Now in Superior WI Member No.: 43 Region Association: Northstar Region |
Fake news. Really? (IMG:style_emoticons/default/slap.gif) In the original article, you can clearly see that those prices come straight from Hagerty. (IMG:style_emoticons/default/happy11.gif) |
Front yard mechanic |
Dec 31 2019, 09:22 PM
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#12
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Senior Member Group: Members Posts: 1,243 Joined: 23-July 15 From: New Mexico Member No.: 18,984 Region Association: None |
Fake news. (IMG:style_emoticons/default/agree.gif) (IMG:style_emoticons/default/agree.gif) The only person I ever trusted on value was Bruce Andersen. RIP If it was real news (IMG:style_emoticons/default/lol-2.gif) it would be in the Wall Street or fox |
Jamie |
Jan 1 2020, 10:55 AM
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#13
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Senior Member Group: Members Posts: 1,074 Joined: 13-October 04 From: Georgetown,KY Member No.: 2,939 Region Association: South East States |
1. I turned down the 914-6 as a graduation gift as it was too much above the 914-4 and why did I need the extra HP in NYC? This was in 1970. So I got the 914-4... $2995 + Appearance Group $200... Is my memory faulty??? I'm 72 yrs now.... And I'm 75 but have the original documents from Dad's purchase of my 73 when new. Attached File(s) Porsche_window_st..bmp ( 1.75mb ) Number of downloads: 51 |
Maltese Falcon |
Jan 1 2020, 11:11 AM
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#14
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Advanced Member Group: Members Posts: 4,895 Joined: 14-September 04 From: Mulholland SoCal Member No.: 2,755 Region Association: None |
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anderssj |
Jan 1 2020, 11:31 AM
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#15
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Dog is my copilot... Group: Members Posts: 1,715 Joined: 28-January 03 From: VA Member No.: 207 Region Association: MidAtlantic Region |
My 1972 appearance group car was $4474.00 (not including tax and license) when I bought it new on May 27, 1972.
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anderssj |
Jan 1 2020, 11:31 AM
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#16
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Dog is my copilot... Group: Members Posts: 1,715 Joined: 28-January 03 From: VA Member No.: 207 Region Association: MidAtlantic Region |
According to my handy dandy inflation calculator, $4474 in 1972 dollars would be $27,529.87 in today's money. While I don't think I could come close that if I tried to sell it, it would probably take close to that to replace it. For a nicer car, a (replacement) value of $32K+ as quoted in the article might not be out of the question.
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