Quote:
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.
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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
