Hagerty 914 valuations, 9/5/2019 Options

[raynekat]

Ready to get my project car insured, registered, finished up soon.
So got on the Hagerty website to check current valuations.
Thought everyone on 914 World would be interested in the following:

914-6

#1 concours $133,000
#2 excellent 82,000
#3 good 57,500
#4 fair 39,000

914-4

#1 concours $59,000
#2 excellent 32,000
#3 good 15,000
#4 fair 8,200

So that's definitely food for thought.
Mines a 914-6 conversion that is somewhere between #1 and #2 and somewhere between 914-6 and 914-4 (but closer to 914-6 w/o the six VIN).
Should be fun coming up with a "stated value" for my insurance coverage.

We have an excellent appraiser close by that is knowledgable about Porsches and especially modified Porsches, so I will likely drive down and drop the car off so he can come up with a reasonable valuation after I have come up with a "baseline" valuation.

[raynekat]

Not sure I find the Hagerty values that far off....especially for 914-6's.
JMHO
Oh....and very few if any folks own a concours car even after a fresh restoration.

Here is what their definitions say:

Concours condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is "concours."

#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is "excellent."

#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. "Good" is the one word description of a #3 vehicle.

#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non-stock additions might be present. A #4 vehicle can also be a deteriorated restoration. "Fair" is the one word that describes a #4 vehicle.