914 Value |
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914 Value |
RonnieJ |
Jan 11 2010, 12:52 PM
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#1
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RonnieJ Group: Members Posts: 230 Joined: 16-June 03 From: Sterling Heights, Michigan Member No.: 829 Region Association: Upper MidWest |
I was reading Excellence magazine the other day with the 914 value chart and they value our cars at from 12K to 18K. Why do we sale our cars so cheap and place such low value on them when Excellence themselves think our cars are worth more. The value and price of these cars would rise to the level they should be if everyone stuck to their guns and when selling a 914. When I insured mine it was for an agreed value which I put at 12K, I had to provide pictures and when I submitted evrything the insurance company had no problem with the value I put on the car. I think just as much of my Porsche 914 as a 911 owner and I believe that is how most of us feel. Apologies for the long rant but I see guys on here asking what they should ask for their cars when they sale them and all I here is 4K to 6K and ocasionally I see someone asking what the true value should be.
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DBCooper |
Jan 11 2010, 02:56 PM
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#2
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14's in the 13's with ATTITUDE Group: Members Posts: 3,079 Joined: 25-August 04 From: Dazed and Confused Member No.: 2,618 Region Association: Northern California |
You want to hold out for better prices? Form sort of a 914 cartel? I began my career in commodities markets, where as they say: Bulls make money, Bears make money, Pigs get butchered.
Look, markets are markets, buyers meeting sellers. Nobody here is so stupid that they give their cars away for a fraction of their value, and to infer that is insulting. If you don't see cars being sold for $12-18K it's for a Real Simple Reason: They aren't worth that. |
RonnieJ |
Jan 11 2010, 04:05 PM
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#3
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RonnieJ Group: Members Posts: 230 Joined: 16-June 03 From: Sterling Heights, Michigan Member No.: 829 Region Association: Upper MidWest |
You want to hold out for better prices? Form sort of a 914 cartel? I began my career in commodities markets, where as they say: Bulls make money, Bears make money, Pigs get butchered. Look, markets are markets, buyers meeting sellers. Nobody here is so stupid that they give their cars away for a fraction of their value, and to infer that is insulting. If you don't see cars being sold for $12-18K it's for a Real Simple Reason: They aren't worth that. Wow didn't mean to pop your cork, I just see other Porsches holding great value and was wondering why the 914 hasn't received it's due respect. |
DBCooper |
Jan 11 2010, 04:30 PM
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#4
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14's in the 13's with ATTITUDE Group: Members Posts: 3,079 Joined: 25-August 04 From: Dazed and Confused Member No.: 2,618 Region Association: Northern California |
Wow didn't mean to pop your cork, I just see other Porsches holding great value and was wondering why the 914 hasn't received it's due respect. Cork's not popped... I save that for special occasions. Market worth is perception, and perceptions of the 914 in the broader market may be affected by that "Volkswagenwerke AG" sticker on the door. Or the looks, it's true. But perception isn't VALUE. Any transaction has two sides. Your complaint is that the cars aren't worth that much when you go to sell them. Fine. That means they also aren't that expensive when you go to BUY them either, are they? So a great value. But investments are boring, and why would you buy a sports car to be boring? So if you forget the investment part and instead talk about the fun quotient is there any better value around? Buying and selling with heaps of Cheap Thrills in between!! How can you beat that? Unless you sell the parts not many people make money on old cars, or many other hobbies. If you want investments try the stock market, a much better bet. |
RonnieJ |
Jan 11 2010, 05:41 PM
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#5
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RonnieJ Group: Members Posts: 230 Joined: 16-June 03 From: Sterling Heights, Michigan Member No.: 829 Region Association: Upper MidWest |
Wow didn't mean to pop your cork, I just see other Porsches holding great value and was wondering why the 914 hasn't received it's due respect. Cork's not popped... I save that for special occasions. Market worth is perception, and perceptions of the 914 in the broader market may be affected by that "Volkswagenwerke AG" sticker on the door. Or the looks, it's true. But perception isn't VALUE. Any transaction has two sides. Your complaint is that the cars aren't worth that much when you go to sell them. Fine. That means they also aren't that expensive when you go to BUY them either, are they? So a great value. But investments are boring, and why would you buy a sports car to be boring? So if you forget the investment part and instead talk about the fun quotient is there any better value around? Buying and selling with heaps of Cheap Thrills in between!! How can you beat that? Unless you sell the parts not many people make money on old cars, or many other hobbies. If you want investments try the stock market, a much better bet. Sir, I have been on this site as long as you and would never say anything to intentionally offend anyone. If I did I apoligize but I believe you provided your opinion as I and I do believe thats how the world goes around. |
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