samuri-240
Well-Known Forum User
Mr Ex I will buy every condition 1 car at 2k but you can forget 9k for a condition 3 car.
I think the very best 240's should be valued at 15-25k.
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1972 240z on ebay
- Thread starter JonC
- Start date
Mr Ex I will buy every condition 1 car at 2k but you can forget 9k for a condition 3 car.
I think the very best 240's should be valued at 15-25k.
Mr Ex
Inactive
Condition 3 says it needs work doing, so what sort of work does that mean? That yellow Aus car needs work but it's a far site better than this 8k ebay thing and have just seen in this weeks Classic car weekly at auction a 260 resto project went for £1300.
samuri-240
Well-Known Forum User
Always thought condition 1 was better than condition 3 !!
Mr Ex
Inactive
Could have read it wrong but the prices are right.My memory isn't too good these days
But the bottom line is that the yellow Aus car is worth alot more than the car on Ebay.
my thoughts exactly !!!!!!!!!!!!!
zedhead260
Well-Known Forum User
In respect to this 240Z on Ebay, I agree it is a lot to ask - I also note the auction ended without a single bid.
However, it is a difficult call when you consider the amount of parts involved. Whilst there is no real mention of the conditions of these parts, if they turned out to be very good you'd get £400 for the doors alone.
From the photos the car doesn't look too bad, but it's all speculation until someone views it.
I take your point on the Aston's Rob, but these aren't the desirable models - Lot 446 (the Vantage) commands an extra £10-15k more.
However, it is a difficult call when you consider the amount of parts involved. Whilst there is no real mention of the conditions of these parts, if they turned out to be very good you'd get £400 for the doors alone.
From the photos the car doesn't look too bad, but it's all speculation until someone views it.
I take your point on the Aston's Rob, but these aren't the desirable models - Lot 446 (the Vantage) commands an extra £10-15k more.
zedhead260
Well-Known Forum User
I don't actually think this ebay car can be classed as a restoration project.
From the photos, I see a car which needs a fresh coat of paint, a good mechanical checkover and clean up the inside.
Personally I don't think it's worth £30k, but £20k is reasonable. But ask yourself this -
If you bought Len's car for £30k - what would it be worth in 10 years time?
If you bought a brand new 370Z - what would that be worth in 10 years time?
Nothing wrong with a high asking price to test the market, you can always bring the price down.
You can't put the price up.
I agree. I think Len's car is special enough to deserve more.
I think this car may be a good basis - I know a bit about it and the owner so if anyone is genuinely interested PM me.
Zedhead - the point I was making about Len's car with the 370 comparison is that you could buy a hell of a good car that you could use every day with the money. Yes Len's car will hold it's value but it needs to be wrapped in cotton wool to do so and therefore spend the vast majority of it's time in a garage. So that money would be tied-up and life's too short for that. Again MY opinion - the best thing about any Z is driving it.
Zedhead - the point I was making about Len's car with the 370 comparison is that you could buy a hell of a good car that you could use every day with the money. Yes Len's car will hold it's value but it needs to be wrapped in cotton wool to do so and therefore spend the vast majority of it's time in a garage. So that money would be tied-up and life's too short for that. Again MY opinion - the best thing about any Z is driving it.
Good question. Yes some of this is based on historical prices and a feel for the market. Cars earn their reputations and tend to find there own value from that. A Z has a great reputation as a 'driver's car' and is very highly thought of but it also has a terrible reputation as a 'rust bucket'. This together with the fact that many panels/chassis parts are unobtainable affect it's value. Buyers are scared of getting stung. As we know these cars can cost a fortune (and are complex) to get smart.
Cars like MGBs, TR6s, VW Campers, Morris Minors, E Types etc all have a fantastic parts industry and specialists to back them up. VW campers are also a 'cult' thing, trendy, very reliable and cheap compared to new campers. I've had 2 myself.
Also I may be wrong here but I don't think rarity helps, it just adds to the fear factor - there are lots of the above vehicles about but they still hold their value.
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zedhead260
Well-Known Forum User
Yes, I suppose if you compare on a mileage/pound then what you say makes sense.
But for some, the passion of S30 goes way beyond any rational financial equation
SeanDezart
Well-Known Forum User
Hear, hear.
And sorry, but for fun per £, I'd spend a lot less than for a 350/370. A 350 for eg in my view is too far removed from an S30 to compare - if I was 240Z-less, I wouldn't be looking for a more modern Z to fulfill my needs, no matter how comfortable, safe or powerful.
And sorry, but for fun per £, I'd spend a lot less than for a 350/370. A 350 for eg in my view is too far removed from an S30 to compare - if I was 240Z-less, I wouldn't be looking for a more modern Z to fulfill my needs, no matter how comfortable, safe or powerful.
zedache
Well-Known Forum User
Whatever we think is the true worth of our cars, the true sale price of a car is somewhere in between a) the maximum amount someone will actually (rather than theoretically) be prepared to pay for it, and b) the minimum price that the seller will be prepared to accept.
Someone buying a new 370Z will want the advantages of modern engineering and looks, but will suffer depreciation, whereas someone buying a 240Z will be after the nostalgia of owning and driving a classic car (that in my experience is regularly mistaken for a Ferrari but costs a damn sight less) - but will suffer the costs that an old car will inevitably bring.
You pays your money.........
Someone buying a new 370Z will want the advantages of modern engineering and looks, but will suffer depreciation, whereas someone buying a 240Z will be after the nostalgia of owning and driving a classic car (that in my experience is regularly mistaken for a Ferrari but costs a damn sight less) - but will suffer the costs that an old car will inevitably bring.
You pays your money.........
Guys, noboby knows better than me how much fun you can get out of a 240 and that it can be had fairly cheaply, but not if we want them all to be worth £20k plus.
SeanDezart
Well-Known Forum User
Ah - red-rag time..............
Mr Gaskin,
Whether a Z costs £5k or £30k, a track-day will cost the same, petrol, travel and accomodation will cost the same, parts will cost the same and club membership will cost the same. Your agreed-value insurance will be higher but not excessively so being a classic car.
Parts availability might improve if cars hold higher values, their condition might improve, their "esteem" might also improve.
In short, "cheap" fun (by your obscure definition of a cars' market value) will only be had by banger-racers, thrill-seekers attracted by the look and perfomance potentiel, who kill off cars like ours !
I'd prefer mine to be valued at £30k than £5k which won't stop me having cheap fun !
Mr Gaskin,
Whether a Z costs £5k or £30k, a track-day will cost the same, petrol, travel and accomodation will cost the same, parts will cost the same and club membership will cost the same. Your agreed-value insurance will be higher but not excessively so being a classic car.
Parts availability might improve if cars hold higher values, their condition might improve, their "esteem" might also improve.
In short, "cheap" fun (by your obscure definition of a cars' market value) will only be had by banger-racers, thrill-seekers attracted by the look and perfomance potentiel, who kill off cars like ours !
I'd prefer mine to be valued at £30k than £5k which won't stop me having cheap fun !
zedhead260
Well-Known Forum User
Not any more Rob, those days of cheap 240Z's are over, because even if you could buy them cheap, for the reason you mention here -
-means that all the rough ones die off leaving only the good, the result is a hike in price which ultimately reflects the project cars too.
When I was breaking them with Jon, we were collecting them for free or at best paying £200 for them. Now I think you'd be hard pushed to buy even a spares car for much less than £800.
That's why I stopped.
...and anyway - who says you can't have fun in an S30 that's (potentially) worth £20K
I disagree completely, but then as you may have guessed I come from the worthless classic british turd restoration community. The make-up off the enthusiasts club is important, if it's full of cheap boy racers looking for a track day car to drive into the ground then the cars will suffer, if it is full of people dedicated to history and original engineering and sympathetic classic racing then the cars will be saved -- this has nothing to do with cost.
It is becoming my view that Z's started from a bad place, lacking cache, although undeservedly. They are notorious as rust buckets. They could become worth £30000 given their apparent rarity, their history, their ahead of the times engineering (for the price), but it will take a hell of a marketing job. -- bottom line is to increase desirability.
Perhaps a prominent part in a movie or TV series?
SeanDezart
Well-Known Forum User
Love you too mate 
!
Isn't that what the club should be doing - marketing ?
Best way to keep cars and therefore members in the club is to 'protect' the cars - only way to do that is to improve their public perception and increase their value !
!Isn't that what the club should be doing - marketing ?
Best way to keep cars and therefore members in the club is to 'protect' the cars - only way to do that is to improve their public perception and increase their value !
Love you too mate
Best way to keep cars and therefore members in the club is to 'protect' the cars - only way to do that is to improve their public perception and increase their value !
Maybe, but I don't think value is that important in protecting them. When you have a good enthusiast base they get restored and protected whatever the cost or value, and they're more accessible to those who love them rather than those who just like racing.
L
Ladybird
The £3,900 Z on Ebay didn't sell.... it was re-listed and then withdrawn with a statement saying it had been sold to a "Classic car dealer" ????