240 on ebay

Mr.G

Club Member
Could it be that the door is just not closed properly??

Even if it does need some tidying up on the exterior I think the starting bid of £3725 is a very fair price for an early Z.

Not sure you can say its over priced Mark? If you know of Z's in that condition for less then £3725 then let us know please!
 

Markp.com

Well-Known Forum User
MrG240Z said:
Could it be that the door is just not closed properly??

Even if it does need some tidying up on the exterior I think the starting bid of £3725 is a very fair price for an early Z.

Not sure you can say its over priced Mark? If you know of Z's in that condition for less then £3725 then let us know please!
hehehe... I think everything is over priced! :D

I still wouldn't give him over two grand for it.

You think you'd close the doors propperly if you were selling it, to not put people off who may think the door doesn't fit, like me! :)
 

Big Star

Active Forum User
Anyone know anything about the black 240? He says it's going the distance on ebay. I wanna bid, but wanna see it first, but it's 340 miles from me!! so I'm unlikely to - I'll do the journey once but not twice - and am considering a 'blind bid'. Is that a ludicrously foolish thing to do? Anyone live nearby that can go see it and report back to me with a comprehensive appraisal?.... oh go on.
 

status

Well-Known Forum User
big star it needs a respray to start with,thats 3k if you want a proper job,then you dont know wots underneath the paint,dont go there ,it reminds me of a black zed that was advertised near me in ilford essex last year,emailed the bloke several times but he never got back to me,i got my 240 off ebay but went to see it as it was only an hours drive away,thats up for sale now,be carefull,allways go see it first
 

Big Star

Active Forum User
The listing for the red 240 got over 3500 hits but not one bid. The value of something is the price people are prepared to pay for it, and if noone will pay £6500 then it isn't worth £6500 no matter what the guy says.
 

Big Star

Active Forum User
Status. The sensible part of me - no matter how small that may be - knows you are right, but it's frustrating. He's offered to email more pics but it's no substitute for an in-the-flesh viewing, is it now?
 

Mr.G

Club Member
I would go and see it at least to put your mind at rest. Maybe you can agree for him to meet you half way should you be the winning bidder.
 

tricky

Well-Known Forum User
if your serious get an inspection done, i did on a gto replica and he was there for 3 hours looking over it, i got a report the next day. the seller wanted £10,500 the report said its worth £ 7,000 taking in mind the repairs needed around the car which i wouldn't of seen. money well spent but only if your really serious about the car you want
 

status

Well-Known Forum User
big star how much money you got,if you have loadsa money to waste on something that looks like a pile of shit then go for it,you have to pay at least 8k for a decent Zed,i live essex way so maybe i might come with you to veiw,put your mind at rest
 

Big Star

Active Forum User
I'd love an eight grand zed but I've only got four and I've got a bad credit rating for something that happened 15 years ago. I'm also off on holiday soon and could probably do without shopping for a zed right now; just that I saw it and thought it was the one for me. Are you serious about going to see it? - it's in Cumbria! I'm not too knowledgeable about cars but I like to think I generally know what to look for. You say you have one for sale? Are there pics on this site anywhere? Apparently I can appeal against my credit rating so I may go for a nice one in October.

I will have one; It's a decision I've made. :D
 

status

Well-Known Forum User
ive got pictures but anyone that is interested will have to get up off there arse and cum ave a look,maybe you should pop round,see wot you get for your money,no prob looking at that one,the way to do it is say to the bloke if it is as good as you say then bring it down here and ill give you wot you r asking and expenses,think i know wot the answer will be
 

Big Star

Active Forum User
Well, I think it would be 'no' either way. I'm sure he's wary of timewasters too. You're in Chigwell, yes? That's nothing for me; a mere jaunt up the A12. It's just getting my arse into the car; it's downstairs and I'm upstairs. I've already had to straighten up from my slouched position to type this post.

When can I come and have a look then? I'm free from 5.30 onwards weekdays. If it's as nice as an £8500 one should be and I can borrow the rest, we'll haggle down to £7500 and the deal will be done. :D
 

SeanDezart

Well-Known Forum User
A car is always worth what someone will pay for at at that moment - if there are 3 Zs for sale and 2 are sold, the chances are that the third one, although potentially worth more and in better nick than the first two will sell (if at all) for less !

Don't buy a Z unseen - join the club (be a paid up member, meet some owners, look over several cars, even just to meet members in different areas that you could ask later to look at a potential Z ! But if there is a Z for sale (especialy a 240) for under 5000, ask yourself why !
 

Big Star

Active Forum User
Sean. I think you're a little confused regarding your economic theory.

SeanDezart said:
A car is always worth what someone will pay for at at that moment
So far so good but more demand, less supply pushes prices higher. More supply, less demand pushes prices down. So if two are sold, supply is lower and prices consequently higher i.e. the 3rd will go for more. If I had a 240z on ebay, I'd expect less for it if there were two more for sale, and more if it were the only one.

An 'agreed value' only has any merit if it has taken into account current market conditions, otherwise it's meaningless, as nothing has an inherent 'real' value. If someone says 'It has an agreed value of £10,000 but I'll take £8000, the question would be 'Why?'. Why? because they know no one would buy it for £10,000, which makes the 'agreed value' meaningless. It's easy to agree a value with someone who doesn't want to buy it.

That's that cleared up.

Thanks for the advice BTW. I know I'm not going to get anything that great for four grand, but I thought I could get something that has potential. The car on ebay looks to have. But, of course, I haven't seen it. I thought I could improve it when money allowed. Plus, I really wanted a black or silver one? Anyone selling a silver one? - I'll take it.
 
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SeanDezart

Well-Known Forum User
"more demand, less supply pushes prices higher" agreed !

But as the first two cars sold, have now (if only temporarily) satisfied the demand, the third is superfluos and it's potential sale value (again, if only temporarily) less than if it had sold as the first car !

Third identical item to be sold on ebay will attract less bidders as those bidders interested have already been satisfied ...no ?

Agreed value insurance for me is no indication of value as the value may have been agreed several winters ago :)

Any Z has potential, what is your total budget to have one running on the road - more pertinant question here, I think !
 

Big Star

Active Forum User
SeanDezart said:
But as the first two cars sold, have now (if only temporarily) satisfied the demand, the third is superfluos and it's potential sale value (again, if only temporarily) less than if it had sold as the first car !

Third identical item to be sold on ebay will attract less bidders as those bidders interested have already been satisfied ...no ?
This is true but only if there were just a handful of potential buyers in the first place. If the demand were that easily satisfied, none of the cars would have sold for very much. Whereas if there were 30 potential buyers and 3 cars you could say there were 10 buyers to each car. If two cars sold, there would then be 28 potential buyers to one car - almost 3 times as many potential buyers compared to when all three cars were for sale. I do understand what you're saying but it's not true. I've seen it on ebay when people wait and bid on the last of various items and end up paying more than those who bid on the earlier ones.

Next week: qualititive and quantative analysis within the inelastic demand curve.

Anyway, what's it all about here? Z cars wasn't it. :)

I haven't really got a designated amount: I can always borrow money if need be.

My criteria (that I can think of right now):

  • Less than £8000
  • Generally standard
  • No botched bodywork
  • Little rust or rust problems fixed well
  • A colour I like: silver, black, green, red
  • RHD
  • Good engine and gearbox
  • Generally original interior
See? If what the seller says is true, the one on ebay fits the bill very nicely. It's either take his word for it (yeah, not wise), or go all the way to Cumbria to find out for myself (too late now anyway).
 

Mr.G

Club Member
Just go and see it :) Theres no substitute then you seeing it with your own eyes. If its not for you then you havent lost much and if its the right one for you then you just lost a return journey and back, but the return would hopefully be a Z bargain!
 

Big Star

Active Forum User
But it's in Cumbria! I'm in Essex. I've never been that far north. Different climate, different culture, different language I think. Besides, I want to see it in daylight and I believe the nightime lasts six months up there.
 
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