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> What have you bought/ sold your 914 for?
wbgoggans
post Nov 30 2020, 05:17 PM
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We’ve all seen the recent 914’s on bring a trailer big numbers, but has the private market adjusted to these new numbers? Please reply with a photo, and other important info that would effect the value of your car.
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rhodyguy
post Nov 30 2020, 05:30 PM
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Chimp Sanctuary NW. Check it out.
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BIG bucks for a 914 and no PPI in hand. With a purchase based on a handful pictures. What could go wrong? Scary.
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wbgoggans
post Nov 30 2020, 05:48 PM
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QUOTE(rhodyguy @ Nov 30 2020, 06:30 PM) *

BIG bucks for a 914 and no PPI in hand. With a purchase based on a handful pictures. What could go wrong? Scary.

Hey no complaining the 914 parts car sitting in your yard with massive hell hole issues is going to be worth $5,000 now! As long as it’s bought via pics only...
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Beach914
post Nov 30 2020, 05:53 PM
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QUOTE(rhodyguy @ Nov 30 2020, 03:30 PM) *

BIG bucks for a 914 and no PPI in hand. With a purchase based on a handful pictures. What could go wrong? Scary.

Absolutely! Stakes are much higher then when they were $1k-2k! How many today are saved when we would have parted them back a few years. SoCal market seems to have slowed based on cars I’ve been watching on what’s left of Craigslist. Potential buyers won’t pay the prices and owners won’t budge thinking they got a gem.
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930cabman
post Nov 30 2020, 06:18 PM
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A few weeks ago I came home with a "complete"1974 914 1.8. About 12 or so boxes were included with various engine parts and trim. Cost $0.00, I guess the old saying "you get what you pay for" holds somewhat true, but I have seen several other 914's in worse condition. I have dug into the metal surgery, starting with simple patches and will graduate into the rockers/structural work. I am a decent fabricator. Probably at least 6 months to get her running, but as most of us know, life has a way of changing our optimism.
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Unobtanium-inc
post Nov 30 2020, 06:46 PM
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Much like the 911's did at first, the really nice cars shoot up in value first, then sometimes the drivers and projects follow, but not always. I see this happening with 914's right now, really nice numbers for nice cars, but you can still find projects for dirt cheap and drivers for good deals, so the jump hasn't happened yet and there is no guarantee that it will. Collectors will always add a nice Porsche to their collection and $25,000-30,000 for a really nice 914 is nothing to a guy with a 10+ car collection, but that same guy will never buy a project 914 and restore it, so it takes more than the high end to raise all the boats.
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rhodyguy
post Nov 30 2020, 07:12 PM
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Lots of Washington cars looked so good. Til you started poking them with an ice pick. Junk with decent parts then. Rustoration candidates now. Pierce county was littered with them.
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mepstein
post Nov 30 2020, 07:41 PM
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Am I the only one who's not happy with the increase in prices? Just like Adam said, early 911' went ballistic and all the rest followed. Now, even 912 project cars are mid $20's. Maybe if I owned a ton of cars it would be good but most of us are car buyers, not sellers.
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Unobtanium-inc
post Nov 30 2020, 08:03 PM
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QUOTE(mepstein @ Nov 30 2020, 05:41 PM) *
Maybe if I owned a ton of cars it would be good


Yeah, that would be cool!

My point was more cautionary, people see pricing going up and start buying up everything, trying to corner the market, but it can backfire. I've been to many a guy's place where he has a mountain of something, and is pissed off about it. So yes, 914's are going up, but please don't grab all the $500 craigslist specials thinking you're gonna retire.


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Superhawk996
post Dec 1 2020, 06:59 AM
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QUOTE(Unobtanium-inc @ Nov 30 2020, 09:03 PM) *

QUOTE(mepstein @ Nov 30 2020, 05:41 PM) *
Maybe if I owned a ton of cars it would be good


Yeah, that would be cool!

My point was more cautionary, people see pricing going up and start buying up everything, trying to corner the market, but it can backfire. I've been to many a guy's place where he has a mountain of something, and is pissed off about it. So yes, 914's are going up, but please don't grab all the $500 craigslist specials thinking you're gonna retire.



(IMG:style_emoticons/default/confused24.gif) Good for thee but not for me? Somebody was trying to corner the 356 market. (IMG:style_emoticons/default/rolleyes.gif)

Maybe I'm misunderstanding? I fully get that you work hard and run a successful business and for that, you are my hero. (IMG:style_emoticons/default/first.gif)

I just don't get a post about not hoarding 914's but there is the picture of the 356's. (IMG:style_emoticons/default/confused24.gif)
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Johny Blackstain
post Dec 1 2020, 07:50 AM
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Purchased for $7166.41, but that was off the lot on 05/01/74. What her value is today I've no real idea. (IMG:style_emoticons/default/cool_shades.gif)


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jd74914
post Dec 1 2020, 08:15 AM
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Double post. (IMG:style_emoticons/default/sad.gif)
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jd74914
post Dec 1 2020, 08:15 AM
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QUOTE(Superhawk996 @ Dec 1 2020, 07:59 AM) *

QUOTE(Unobtanium-inc @ Nov 30 2020, 09:03 PM) *

Yeah, that would be cool!

My point was more cautionary, people see pricing going up and start buying up everything, trying to corner the market, but it can backfire. I've been to many a guy's place where he has a mountain of something, and is pissed off about it. So yes, 914's are going up, but please don't grab all the $500 craigslist specials thinking you're gonna retire.

(IMG:style_emoticons/default/confused24.gif) Good for thee but not for me? Somebody was trying to corner the 356 market. (IMG:style_emoticons/default/rolleyes.gif)

Maybe I'm misunderstanding? I fully get that you work hard and run a successful business and for that, you are my hero. (IMG:style_emoticons/default/first.gif)

I just don't get a post about not hoarding 914's but there is the picture of the 356's. (IMG:style_emoticons/default/confused24.gif)

(IMG:style_emoticons/default/agree.gif) I applaud the successful business, and might be totally off base here, but I tend to feel like this kind of thing does price the little guy out of [example] 356 ownership.

Adam-curiosity point here, never checked the phone number or sent an email, but are you the one who clogs up NE CL with WTB ads for 356/911/912?
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mepstein
post Dec 1 2020, 08:24 AM
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Or he's helping to bring long forgotten cars to market.

It's easy to hate on flippers but most people don't want to go through the trouble.
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Superhawk996
post Dec 1 2020, 08:47 AM
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QUOTE(mepstein @ Dec 1 2020, 09:24 AM) *

Or he's helping to bring long forgotten cars to market.

It's easy to hate on flippers but most people don't want to go through the trouble.


I want to be really clear. I'm not hating on anyone. Utmost respect for Unobtanium. God bless him for saving as many 356's as possible. Plus we all know from other posts how hard he works to retrieve some of these from barns, fields, etc.

I just didn't understand the post. As I re-read it maybe he's sharing wisdom that he has a pile of cash tied up in that inventory and that there really isn't a fortune to be made in it though it certaily "looks" that way in the photo given we all know how much even rusty 356's cost. Honestly I don't know.
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jd74914
post Dec 1 2020, 09:41 AM
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Same boat here, just curious. It's quite obvious a) Adam isn't getting filthy rich here, and b) that there is a ton of work involved in finding and retrieving. Certainly there is a large subset of the market who wants the vehicle with none of that adventure and is willing/able to pay for such services (IMG:style_emoticons/default/smile.gif)
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Unobtanium-inc
post Dec 1 2020, 10:05 AM
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QUOTE(Superhawk996 @ Dec 1 2020, 04:59 AM) *

QUOTE(Unobtanium-inc @ Nov 30 2020, 09:03 PM) *

QUOTE(mepstein @ Nov 30 2020, 05:41 PM) *
Maybe if I owned a ton of cars it would be good


Yeah, that would be cool!

My point was more cautionary, people see pricing going up and start buying up everything, trying to corner the market, but it can backfire. I've been to many a guy's place where he has a mountain of something, and is pissed off about it. So yes, 914's are going up, but please don't grab all the $500 craigslist specials thinking you're gonna retire.



(IMG:style_emoticons/default/confused24.gif) Good for thee but not for me? Somebody was trying to corner the 356 market. (IMG:style_emoticons/default/rolleyes.gif)

Maybe I'm misunderstanding? I fully get that you work hard and run a successful business and for that, you are my hero. (IMG:style_emoticons/default/first.gif)

I just don't get a post about not hoarding 914's but there is the picture of the 356's. (IMG:style_emoticons/default/confused24.gif)

The point I was making was that while 914 prices are increasing, especially for the really nice ones and really rare ones like 914/6's and Bumblebee's, etc. it doesn't mean that all the 914's will increase proportionally. People tend to follow trends in Porsche world and thinking the 914 is going to be the next 356 could be dangerous for someone, if they went out and spent a couple of years picking up low end cars, filling their yard, and draining their bank account. People will buy a rough 356 all day every day, so it makes sense to drag them from all across the country. But 914's aren't there yet. I was hoping to caution people from getting the fever, the buying fever.
For example, when I did this deal, I dragged back the 356's but not the 914's. It costs the same amount to get them home, but absorbing $500-1000 in shipping costs is going to suck out any profit you would make on 914's like these, but the 356's can absorb these kind of costs.


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Superhawk996
post Dec 1 2020, 10:24 AM
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QUOTE(Unobtanium-inc @ Dec 1 2020, 11:05 AM) *

But 914's aren't there yet. I was hoping to caution people from getting the fever, the buying fever.


Sincerely appreciate the clarification and the words of advice. I think your assessment is correct.

But . . . I also could have bought Bitcoin when it was $0.05 . . . . but didn't. Checked it yesterday, its at $19K+ (IMG:style_emoticons/default/headbang.gif)

But. . . .What if 914's DO become the next 356. (IMG:style_emoticons/default/wacko.gif) Good thing the lack of space to put them keeps my Keynesian Animal Spirits in check. (IMG:style_emoticons/default/av-943.gif) Plus the Dr. already has a huge head start on me. (IMG:style_emoticons/default/hissyfit.gif)
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Root_Werks
post Dec 1 2020, 10:45 AM
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Seems like it will be another 20 years before 914's become what 356's are today.
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mepstein
post Dec 1 2020, 10:58 AM
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QUOTE(Superhawk996 @ Dec 1 2020, 09:47 AM) *

QUOTE(mepstein @ Dec 1 2020, 09:24 AM) *

Or he's helping to bring long forgotten cars to market.

It's easy to hate on flippers but most people don't want to go through the trouble.


I want to be really clear. I'm not hating on anyone. Utmost respect for Unobtanium. God bless him for saving as many 356's as possible. Plus we all know from other posts how hard he works to retrieve some of these from barns, fields, etc.

I just didn't understand the post. As I re-read it maybe he's sharing wisdom that he has a pile of cash tied up in that inventory and that there really isn't a fortune to be made in it though it certaily "looks" that way in the photo given we all know how much even rusty 356's cost. Honestly I don't know.

Sorry. Not directed to you or anyone here. It’s just people get pissed at flippers but don’t want to do the background work they do.


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