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I look at a lot of 914's on-line. I don't know that the market has changed that significantly in the last couple of years. I see pretty complete, rust-free cars with list prices of $6K to $7K, driver quality. The pristine cars seem to be in the $12K asking range and I see a TON of projects for $1.5K to $2.5K. Are you seeing different than this (in general)? Looks about the same to me as when I was seriously shopping and picked up a '72 in 2009.
In this market I believe that value is mostly dependent on supply and demand. Early 911's are taking off because of high international and domestic demand with a limited domestic supply and extremely limited international supply. This is driving prices up, and quickly. Meanwhile the lowly, unappreciated 914 suffers from low demand and more than ample supply. Looking through my local Criagslist sights I see ZERO early 911's for sale, but a couple dozen 914's from projects to pristine. The driver quality cars seem pretty reasonably priced, but still languish for months without a buyer.
I don't know that the 914 market will ever really take off... It's a shame. I've got several Porsches and I really enjoy my 914, always puts a smile on my face. They are great cars. I guess that time will tell, but while I rushed to recently buy some older 912's before their prices got jacked up, I do not feel the same immediacy to snap up any 914's.
Kirk
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