Alphabettispaghetti
Club Member
where ever it goes, lets hope it's new owner appreciates it.
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Fairlady Z 432-R up for auction in Tokyo
- Thread starter Albrecht
- Start date
where ever it goes, lets hope it's new owner appreciates it.
SeanDezart
Well-Known Forum User
Considering the estimated price, no doubt he/she will but will it see the light of day or remain as most mega-expensive classics....merely an 'appreciating asset' and kept under lock and key ?
Albrecht
Well-Known Forum User
The auction took place today, and I believe the 432-R - Lot No.16 in the BH Auction - was sold with a hammer price of 80,500,000 JPY.
At today's exchange rate of around 143 JPY to 1 GBP, that's approximately 562,937 GBP. Let's round it up to 563,000 GBP.
Alphabettispaghetti
Club Member
nice to see a strong price, thought it may guy have gone a little higher? Is it staying in the country?
Albrecht
Well-Known Forum User
No idea at this stage who has bought it or where they are located. Reportedly went to a telephone bidder, so could well be outside Japan.
Alphabettispaghetti
Club Member
£600k with fees?
Albrecht
Well-Known Forum User
I don't know what BH Auction's fee structure is. You would expect a Buyers Premium and possibly some admin fees, but on an admittedly quick scout around their website I didn't see any mention of it.
Alphabettispaghetti
Club Member
I couldn't either, Even at 3% plus local taxes(vat?), it'd add up.
Albrecht
Well-Known Forum User
BH Auctions have updated their website to include the prices of lots sold, and they are giving an official figure of 88,500,000 JPY for the 432-R:
https://bhauction.com/en/auction/tokyo-terrada-january/lots/432-r
So - getting the calculator out again - that's close to 619,000 GBP.
https://bhauction.com/en/auction/tokyo-terrada-january/lots/432-r
So - getting the calculator out again - that's close to 619,000 GBP.
Alphabettispaghetti
Club Member
£19k over my budget then. Bugger.
Albrecht
Well-Known Forum User
Same here. Had a buyer lined up for the house too.
datsfun
Club Member
Even at £600k, it's far less that what Toyota 2000GT's fetch. Any idea why ? Is it because the market perception is that 432R is just a very rare version of a 240z whereas the Toyota does not have sub variants
Albrecht
Well-Known Forum User
Even at £600k, it's far less that what Toyota 2000GT's fetch. Any idea why ? Is it because the market perception is that 432R is just a very rare version of a 240z whereas the Toyota does not have sub variants
I've said before that the 432 and - even more so - the 432-R have a problem in that they are perceived by laymen and enthusiasts alike as 'looking like' more common variants of the S30-series range. In other marque/model worlds where enough people know their onions this should not be too much of a problem - for example classic Porsche fans would probably (hopefully...) be able to tell the difference between a 911E and a 911R - but with so much curation of the Z story being biased towards the '240Z' and the USA - what we end up with is under-appreciation.
A Toyota 2000GT - in contrast - looks like a Toyota 2000GT, and if anyone buys one and shows it to their family and friends they will probably get a positive reaction because it is a beautiful thing. The 432-R on the other hand hides how special it is, and it was created to do a different job to the Toyota 2000GT. The beauty of the 432-R is in its dedication to purpose.