914 Value Options

[RonnieJ]

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.

[carr914]

Before the market and banking crash, they were bringing in high dollars. They seemed to of suffered at least a 30% hit. I seen several low milage original cars in very nice condition go between 8-9K this past summer. Early and later model cars. You would really need a collector level car like Steve's, to bring in the higher dollars at this point. Might take some time for the value to go back to where it was. Hopefully it will.

I know 914-6s have taken a hit in value in the last couple of years. As late as 2007, 914-6s were selling high 20s to over 40. Today the low end aren't selling because the owners don't want to take a bath and the the cars that were selling for $40k are mid to high $20k cars. I really don't keep up with the 914-4 pricing even though I do take a peek in the classifieds every once in a while.

You should not look at cars as investments ( heck I Instructed a guy at a DE a couple of months ago, who lost $20k on a 2008 Boxster when he traded it in on a 2009 Boxster (( he had to have a PDK))). But as the original poster asked, I would like to see the values higher. One thing that does not help is when people on this and other Forums rip other owners cars.

In the meantime, work on your cars this Winter, get them off their jackstands in the Spring and drive em like you stole em (IMG:style_emoticons/default/driving.gif)

T.C.