By the late 1960s, inflation and currency issues had forced Porsche so far up market (above the magic $10,000 mark for a highly optioned 911S) that they became desperate for a new four-cylinder entry-level car. The 912 was ripe for replacement, as it could no longer be produced cheaply enough to qualify as entry-level, and the new Datsun 240Z had made a mockery of it on a performance level. The answer was a collaboration with Volkswagen who would sell the new car, dubbed the 914, as a VW-Porsche in Europe. In the U.S. it was known as a Porsche but never carried the Porsche crest on the hood.
Styling was considered odd in the day and still is, but it avoided most of the impracticalities of the mid-engined layout with good outward vision and two large trunks. The four-cylinder models are cheap to rebuild to boot. Handling is superb with fine brakes and phenomenal steering.
From a report made by Classic Analytics:
In order to be presented in state 2, it is necessary to repaint the rear cover and repair some other places on the body. The Porsche renovation specialist estimated the cost for the body at EUR 4.000. Then it would be possible to evaluate the car at approx. 22.000 to 25.000 EUR.
Alternatively, we can assist with the repair with a specialist for Porsche renovations.
What is important, however, is that this 914 does not have a rusted body and chassis, which these cars often suffer from. Ie. these are only cosmetic deficiencies.
The painting needs some improvement, but there is only local rust, main tructure parts without any rust.