29k Z

rallymanDP said:
Tim - you are absolutely correct on all counts - these sort of figures are just some Fools dreaming, and don't in any way raise the realistic Market Prices and/or stimulate interest in the Marque at all.
If anything, on the contrary.
The early Z's are still relatively affordable and as we know, are still great value for money in the Classic Car world.
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Nice to know I can't be completely barking up the wrong tree if someone such as yourself agrees, Duncan.

I've been watching Zed prices for a while now and, the stupid ones excepted, there seems to have been two maior category of car that regularly came up for sale in the various internet places over the last year or so:

£5k and below - 'projects', or something rough but MOT'd or MOT'able that can be kept going with regular attention, but anything at this price is going to cost a LOT to restore back to being a really good one. I recall about 7 or 8 in this category that I saw.

Circa £15k, occasionally a little more - really good cars, which you'd have to nitpick to find much fault with. I can think of about 5 or 6 of these.

Anything £20k and upwards should be pretty special and have something to justify its price tag. Such as the Dave Jarman one up for sale at the moment. The car at the start of this thread is just not even comparable though, as you say, and looks to me like it belongs somewhere between the above two categories, along with the green one on eBay.

I was really put off buying a Zed for a long time because of the some of the barmy prices I kept seeing cars advertised for, both good ones and bad ones. If you don't know any better and haven't spent a lot of time doing your research, the Zed market is pretty difficult to get your head around and it's tough to work out what is a car genuinely worth its asking price, and what is just some fool trying his luck, or a deluded vendor. Doesn't help that the value guides in the classic car mags etc seem to be about five or ten years out of date.

What I can't understand is where all the middling cars are. The £10k ones. I can only recall one recently. Seems everyone who has one in fact believes it's worth £15k or more. Most frustrating, as a decent, solid, improvable, circa £10k car is just what I would like, but they simply don't seem to exist, and I couldn't afford a £15k'er, so I had to buy from the first group and hope I get the chance to trade up in the future.
 
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Tim

I suspect that in general cars sell for what they are worth at the time. That, ofcourse, has no relation to the original asking price. The original car in this thread is unlikely to sell for anywhere near the asking price, unless the elusive man who has to buy a £30k Z appears ( closely followed by David Attenborough and film crew tracing this rare beast). If you look at the classic car scene, there are a lot of "fishing expeditions" hoping to hook someone who doesn't know better, and then there are cars at a realistic price that actually sell.

I think Zeds are on the way up, slowly in the current circumstances, but going up all the same, but I agree with Duncan, when average cars appear at speculative prices it doesn't help to get trust in the marque.
 
I think the 5K cars and 15K cars is probably about right.
My car was advertised for about a month at 3900, I had a lot of offers around 3 but got a little more.
It didn't need much spending on it but did need some work. However the buyer works full time and 5 weeks after selling it it's now ready for MOT.

Cars are only worth what people will pay for them. I find ebay auctions a good reflection of what cars are worth because you see what people are willing to pay!

Wes
 
For a Z to be worth anything close to 30K, it would have to have the receipts for say 40K, and be something a bit special. Not like the 240Z at the beginning of this thread, just an ordinary Z, nothing special. The Green Ebay one, just because you have receipts for £16K does not mean its worth it, it does not even have an MOT! Havin' a laugh.
 
Guys, these cars will find their own price so we needn't worry about that aspect of the adverts.

I would think the green car would make a lovely car. I like the fact that he has owned the car for so long and also I have spoken to him (he called me) a few months ago and he seems a decent guy. I also like the fact that it's not red (and the original colour).

This one is for sale again and I've looked at this a while back when it was for sale in Yorkshire - great car! Just wants the front spolier replacing IMO:

http://www.ebay.co.uk/itm/Datsun-240Z-Rally-Car-/251258691048?pt=Automobiles_UK&hash=item3a802f5de8
 
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