A $100k 240z...?

[A930Rocket]

Not my car:

They’ve gone up in price, but not $100K when “restored”, especially a 73.

https://charleston.craigslist.org/cto/d/charleston-rare-opportunity/7248244014.html

[gregpark]

Maybe. If you put 85K and 3 years into it. A crap shoot to break even at that rate. One did go for 250 awhile back on BAT but I have no idea how that even happened

[speeder]

He's confusing BaT prices on perfect '70/'71 240Zs w his car. prices are way up but it would take $30k to make his into a $30k car. So it should be free.

[A930Rocket]

Originally Posted by speeder

He's confusing BaT prices on perfect '70/'71 240Zs w his car. prices are way up but it would take $30k to make his into a $30k car. So it should be free.

Exactly.

[speeder]

Originally Posted by gregpark

Maybe. If you put 85K and 3 years into it. A crap shoot to break even at that rate. One did go for 250 awhile back on BAT but I have no idea how that even happened

One went for over $300k but it was factory original, extremely low miles documented and perfect. Restored cars are never worth what original cars are. The unicorn car was an early '70, Z collectors are crazy about the small production details that changed midyear on that car, etc. It gets very arcane.

[Nostril Cheese]

Easiest cars in the world to get sideways. Not a lot of them left. I remember those things rusting badly 20 years ago.

What was the deal they had where Universal City Nissan was buying up all the 240s in the 90s? I seem to remember they were restoring them and selling them as "new" cars? Anybody know how much they were?


I often miss my 280Z. Was a low mile car in great shape. Wonder what it would be worth today.

[speeder]

Originally Posted by Nostril Cheese

Easiest cars in the world to get sideways. Not a lot of them left. I remember those things rusting badly 20 years ago.

What was the deal they had where Universal City Nissan was buying up all the 240s in the 90s? I seem to remember they were restoring them and selling them as "new" cars? Anybody know how much they were?


I often miss my 280Z. Was a low mile car in great shape. Wonder what it would be worth today.

Nissan actually rebuilt a bunch of original 240Z cars and resold them, those cars are now worth a lot and fit in somewhere on the scale of valuable 240Zs. Probably Universal was procuring them for that program.

[pwd72s]

What he meant to say was that it would cost $100K to restore....

[KNS]

I think two things are going on with the rising demand of classic sports cars.

One is the guys and gals wanting to obtain the car of their youth, perhaps they owned one in the past and want another or always lusted after one and are now in a position to buy one.

The other may be that current offerings by manufacturers aren't cutting it. The few out there may lap the Nurburgring at blistering speeds but are overloaded with tech, weight and Govt. mandated styling that enthusiasts aren't interested in. Yes, there are plenty who want a new 992 (for example) but many more who want a simple, driver focused, light weight sports car that the auto makers are unable to build even if they wanted to. The MX-5 and BRZ may come close but not everyone likes the styling or wants the added tech. The screen sticking out of the dash on the MX-5 is a non starter for me personally.

So they turn to Bring a Trailer with a wide selection of makes and models.

[tdw28210]

The 240z has a soft spot in my heart. One of the first cars I ever say my dad work on up close. He fixed some dents, refreshed the suspension, repainted it and gave it to my Mom to drive. It met an untimely demise as she hit a bridge abutment one icy morning. The car doesn't look horrible but that rusty steering wheel makes me think there that a whole lot of water has leaked into that car over the years. Peeling back the carpets would likely reveal a rusty ***** show.

[slow&rusty]

My neighbor bought his Datsun 240Z brand new in 1973, so he is the original owner. At 76 years old, he drives it seldom now and is ready to pass it along. It has two very rare options, dealer fitted vented hood to address vapor lock on the SUs AND working R-12 AC. I would rate the car as a solid A, it has perfect interior, zero rust and perfect glass and trim. I've driven it several times and it is lovely. He would take $35k for it.

Here's a picture of the car, in my driveway.

[racer]

Well, Japanese cars are hot and Z's are leading the way. Who thought 914/4s would be 50-60K cars at auction? 911Ts for $100K plus.. No reason for lots of money to not flow into other markets if folks have been priced out of other cars.

[GH85Carrera]

It has been said many times before, a car (or anything else) is worth what someone is willing to pay for it. I am always astonished that some of the "art" sells for millions and it is crap in my opinion.

The 240Z is a cool car. This car is way cooler, and earlier.



This is a Honda I would love to have. Totally as a toy, impractical as car, but really cool.

[lgb240]

Originally Posted by speeder

One went for over $300k but it was factory original, extremely low miles documented and perfect. Restored cars are never worth what original cars are. The unicorn car was an early '70, Z collectors are crazy about the small production details that changed midyear on that car, etc. It gets very arcane.

The $300K car on BAT was far from perfect, and had many incorrect details for the model year. It was a product of very good marketing by the seller and a buyer that had less than optimal knowledge of the marque. He grossly overpaid, which is fine for him since he ended up with what he wanted.

The Nissan restored 240z's in the late '90's sold for just over $30k. They completed around 38 if I remember correctly, although they had purchased around 200 used 240Z's for the program. Lack of demand and a dwindling parts supply killed that program. The program was set up as stop gap since Nissan dropped the 300z and had no premium sports car offering in the lineup in North America at that time.

In the recent past, the Datsun Roadster and 510 has outpaced the used sales pricing of the flag ship Z car. Currently, this trend is reversing and the Z car is finally coming around and being recognised for the classic that it has and deserves to be ,and,sale prices are rising accordingly.

Supply and demand as always will factor in pricing. Z cars rusted away, were poorly modified in the '70's - '90s and were generally throw away cars. Very few good, original ones are left. The stigma around Japanese cars isn't what is was years ago and collectors now see them as valid additions to their collections. Nicely restomoded Z's are also commanding large money.

$100K 240z's...absolutely, and then some.
Cheers, enjoy the ride

[Ayles]

Nissan has been in the news again recently for offering factory restos of Skylines.

https://www.autoblog.com/2020/12/13/skyline-gt-r-factory-restoration/

[stevej37]

Originally Posted by GH85Carrera

It has been said many times before, a car (or anything else) is worth what someone is willing to pay for it. I am always astonished that some of the "art" sells for millions and it is crap in my opinion.

The 240Z is a cool car. This car is way cooler, and earlier.



This is a Honda I would love to have. Totally as a toy, impractical as car, but really cool.

That is one cool car! The video tells a lot that I didn't know about it.

[onewhippedpuppy]

Good example of why asking and selling prices are often very different things. If I were in the market I’d be sending a PM to Yasin ASAP about his neighbor’s car, because that sounds like a very fair price.

[sugarwood]

https://bringatrailer.com/listing/1970-datsun-240z-65/
https://bringatrailer.com/listing/1972-datsun-240z-127/
https://bringatrailer.com/listing/1972-datsun-240z-93/
https://bringatrailer.com/listing/1970-datsun-240z-39/


https://bringatrailer.com/listing/1971-datsun-240z-124/

[lgb240]

https://www.thedrive.com/news/31176/this-1970-nissan-fairlady-z432r-could-become-the-most-expensive-z-car-ever-sold

[A930Rocket]

Originally Posted by slow&rusty

My neighbor bought his Datsun 240Z brand new in 1973, so he is the original owner. At 76 years old, he drives it seldom now and is ready to pass it along. It has two very rare options, dealer fitted vented hood to address vapor lock on the SUs AND working R-12 AC. I would rate the car as a solid A, it has perfect interior, zero rust and perfect glass and trim. I've driven it several times and it is lovely. He would take $35k for it.

Here's a picture of the car, in my driveway.

Beautiful Z and probably worth $35k. With those later model wheels, does he have the correct wheels/hubcaps?

I had a ‘73 240Z with SU’s that was a lot of fun.
I’d like another one, but I’m not willing to pay the price now.