Summary: I agree with Husker -
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Since it is such a crap shoot, I would offer him $2500.
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I have bought lots of salvage type Boxsters. Some work out great. Some are just good for parts. Since you have a 914 I assume that you are not scared of working on your own car. When pricing a roller, always consider the price based on the parts car value. ...I just bought a car for $2,250. My price was based on a $1,800 new (uninstalled) roll cage that was included with it and assuming that the car was good for scrap other than a few high demand parts ~$1,500 to $2,000. Easy for me to store and I enjoy taking them apart.
This car got the way it is because an owner didn't care for it. Getting a $3k car back in good order could end up costing as much as buying a good, well cared for car. Good seats, replacement top, immobilizer repair or replacement, tires, all new fluids, and lapsed maintenance (window regulators?, coolant tank?, AOS?, coils?, water pump?, battery?, brakes?, shaft boots?, the whole suspension?) that list could add another $3k to $8k depending on your parts preference. ...and you still don't know if the engine and transmission are any good.
Me? I'd roll the dice at $2,500.