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My humble opinion is that a highly modified car like this is a keeper. You shouldn't build one like this with the intent to sell because you will never get your money back out of it. Thus the seller is being a bit unrealistic in the price they are asking. Is the car worth $45K? Certainly, it obviously has a lot of work and money invested in it. But, more importantly, is anyone going to pay $45K for a 914 with no original paint, engine, interior, etc, etc, etc? That's highly unlikely. I agree that the owner is asking probably 2X too much.
The lesson to me - don't highly modify a car from stock unless you plan to keep it forever. If you do decide to sell it, plan to take a significant loss.
Kirk
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