Quote:
Originally Posted by Matt Monson
I was unable to verify it, even though it has all the right bits to be one. Henry has no record of the build.
I will also remind everyone posting that I always give advice on an asking price. It’s a starting point. You never know who is going to fall for a certain car.
Adam, I don’t consider yours a comp. how many years ago was that? You of all people know that even my deal of a year ago is old. Yours is ancient and arguably not relevant.
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Considering the one sold on Pelican for the same money in the last year, and was comparable to both this build and my car, it shows it's a slow market for used, mostly obsolete 914/6 full out track cars. The reason they stopped running mine in SCCA around 2008 was because it just couldn't keep up. It was in the GT3 class, running against GT3's!!!! Even with a big motor and a Hewland box, there was just nothing else that could be done to make it compete better.
I've also seen several "ask" in the $30,000 range for similar cars in the last couple of years, no takers. I think it's probably hard if you're a guy who wants to hit the track on the weekends to buy an old 914 when you can just as easily get a Boxster or a Cayman for probably the same money.
So yes, in normal circumstances a 5 year old deal is not relevant, but given the tiny market these cars are in, and the fact that 5 years later they are worth about the same amount, it's a comp.
---Adam