A lot of parts cars out there, what do i do? |
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A lot of parts cars out there, what do i do? |
Bruce Edge |
Mar 19 2021, 09:34 PM
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#1
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Old School 914 Group: Members Posts: 63 Joined: 6-December 16 From: South Carolina Member No.: 20,646 Region Association: None |
A lot of information lately about the new appreciation for the 914. I am so very happy about it because I dearly love these cars. In this area a lot of people know this and call me regularly about parts cars. Here in the South there is a lot of rusty 914, a lot are very restorable. So, what I'm saying, there is a lot of used parts. What is the future for these parts, with shipping being expensive, hackers, and the abundance of parts, are they worth buying up for future resale? I came from the 356 area and those parts are like gold
. because they made few cars. It just hard to walk away from Porsche parts, trying to get a handle on investing in the future of our hobby. Going to look at four cars tomorrow for probably under $2000. Let me know what you think, I probably to old to be contemplating this... |
mepstein |
Mar 20 2021, 12:04 PM
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#2
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914-6 GT in waiting Group: Members Posts: 19,684 Joined: 19-September 09 From: Landenberg, PA/Wilmington, DE Member No.: 10,825 Region Association: MidAtlantic Region |
There are guys with big 914 part stashes who have sold for pennies on the dollar to get rid of them because storage cost so much.
We are buying another big 911 parts haul and figured out that any more than 35% of sale price isn’t worth the trouble. My friend Rob owns dc auto. 145k square feet indoors. He told me selling anything less than $50 costs him money. |
Bruce Edge |
Mar 20 2021, 04:35 PM
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#3
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Old School 914 Group: Members Posts: 63 Joined: 6-December 16 From: South Carolina Member No.: 20,646 Region Association: None |
There are guys with big 914 part stashes who have sold for pennies on the dollar to get rid of them because storage cost so much. We are buying another big 911 parts haul and figured out that any more than 35% of sale price isn’t worth the trouble. My friend Rob owns dc auto. 145k square feet indoors. He told me selling anything less than $50 costs him money. Thank everyone for the good common since advise. Reality is difficult sometimes when you have a passion for Porsche ..I know it's about the number of cars produced. Being old school, I am haunted by what my Dad said when I asked him,T where the parts cars behind his shop were(356's coupes and speedster), "I had the junk man haul that stuff off".. That was about 1980 when 356's were starting to really increase in value. It is surely a different and unpredictable world we are living in. I hope the best for cars and hobby. |
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