Fairlady 240ZG | The Z Club of Great Britain
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Fairlady 240ZG

Discussion in 'General discussion' started by chrisvega, Jul 22, 2018.

  1. chrisvega

    chrisvega
    Z Club Member

    Small feature in this months Classic Cars on Fairlady ZG shortly coming up for auction in Monterey.
    Should be accurate this time as it quotes our own ' Datsun Z-car expert Alan Thomas ' EXTRA:D
     

    Attached Files:

  2. franky

    franky
    Z Club Member

    Lovely colour on a ZG isn't it.
     
  3. JK240

    JK240
    Z Club Member

    Is that the full article Chris?
     
  4. Albrecht

    Albrecht Well-Known Forum User

    I should know better than to reply to these e-mails from automotive journalists. They'll ask you for your thoughts on a particular car which you answer candidly, and then they publish verbatim. The "quick flip" comment is quite possibly fair and correct (and I really have no idea why you wouldn't fix such obvious cosmetic issues before going to a high profile auction like the Monterey event) but they were part of what I considered to be a private conversation.

    So, Tabloid style, they pull out the odd juicy quote and leave 80% of the pertinent facts on the cutting room floor.
     
  5. Albrecht

    Albrecht Well-Known Forum User

    Not something I'd claim for myself.
     
  6. chrisvega

    chrisvega
    Z Club Member

    Come on now Alan, don't hide your light under a bushel ;).......... (whatever a bushel is ?)
     
  7. Albrecht

    Albrecht Well-Known Forum User

    I think anyone who would claim themselves to be an "expert" on the S30-series Z cars probably doesn't know how much they don't know.

    I'd consider myself an enthusiast and scholar (as in, still learning...) with a particular interest in the Japanese side of the story, and in the Works race and rally cars.

    The wider topic is far too big for one person to be an "expert" in.
     
  8. 8658kv

    8658kv
    Z Club Member


    Appears the car has been in the States a couple of years, already been to auction in 2016 ( results below ).

    https://petrolicious.com/articles/did-you-know-about-nissan-s-elegant-zg-homologation-special

    https://www.sportscarmarket.com/profile/1972-nissan-fairlady-zg

    Steve
     
  9. chrisvega

    chrisvega
    Z Club Member

    Yes, short and sweet....

    Next time you should only speak to the press on the express understanding you have full control over edit and content Alan, you call the shots, not them :smoke:
     
  10. chrisvega

    chrisvega
    Z Club Member

    So what did the car make in the 2016 auction ?
    Guided at $65/85k - quite a mark up on the £ 35k-ish ($45k) Alan sees the cars' current worth in JDM.

    No reserve this time so could be a bargain (or perhaps not).
     
  11. 8658kv

    8658kv
    Z Club Member

    Here you go.

    SCM Valuation: Median to date, $60,500 (this car is the only Fairlady ZG sold at auction); high sale: $60,500 (this car)

    Investment Grade:

    October 2016
    1972 Nissan Fairlady ZG
    Written by Tony
    [​IMG]
    Courtesy of The Finest Automobile Auctions
    • Genuine Fairlady ZG, first registered in September 1972 in the Shinagawa District of Tokyo
    • Bought in Japan in 2013; imported and titled by one of the USA’s leading Japanese Domestic Market car collectors
    • Matching numbers
    • Original colors
    • Running condition
    • Includes service history, books, manuals and toolkit
    SCM Analysis
    Detailing
    Vehicle: 1972 Nissan Fairlady ZG
    Years Produced: 1971–72
    Number Produced: Group 4 rules required 500 homologation cars, but no official records exist
    Original List Price: ¥1,500,000 ($4,762)
    SCM Valuation: Median to date, $60,500 (this car is the only Fairlady ZG sold at auction); high sale: $60,500 (this car)
    Tune Up Cost: $200
    Distributor Caps: $14
    Chassis Number Location: Right side firewall
    Engine Number Location: Right side inner fender
    Club Info: Z Car Club Association
    Website: http://www.zcca.org
    Alternatives: 1967 Jaguar XKE Series I 4.2 coupe, 1968 Ford Mustang GT fastback, 1972 Alfa Romeo Montreal
    Investment Grade: B
    This car, Lot 143, sold for $60,500, including buyer’s premium, at The Finest Automobile Auctions sale in Hershey, PA, on June 11, 2016.

    The phenomenon of depreciated used cars suddenly becoming coveted classics always seems to catch the collecting world off guard. The Next Gen profile in each issue of Sports Car Market is our attempt to track the pulse of this leading edge of collectibility.

    For Japanese Domestic Market cars, however, the discussion is not just a matter of finding fresh appreciation for the familiar and dismissed. It’s about the thrill of obscure, historically significant automobiles entering the Western market — and perhaps even our Western awareness — for the first time.

    The most recent case in point is our subject car, the Nissan Fairlady ZG.

    That time the Z went aero
    SCM has twice recounted the legacy of Nissan’s fabled S20 inline 6, the fire-breathing race motor that powered the Skyline GT-R (Next Gen Profile, November 2015, p. 102) and Fairlady Z 432 (June 2015, p. 76). The 432 remains the ultimate production Z, but Nissan could not sell the cars for a profit and ceased production in 1971.

    In pursuit of the next competitive advantage, engineers went aero with the Z, adding a lengthened fiberglass front end, headlight covers, a rear wing and wider, riveted-on fenders. Group 4 rules required the features to be homologated with 500 production cars, and the Fairlady ZG was born. The car is seven inches longer than the standard Z. Power came from the same 2.4-liter, 150-hp L24 engine as the 240Z.

    A ZG won at the 1972 Fuji Grand Champion Series, and the car became an icon in its native Japan — the only place where the production ZG was sold. While American Z-lovers could not buy a ZG, the distinctive “G nose” was available separately from Datsun dealerships. U.S. enthusiasts today refer to their ZG clones as “240ZGs,” and the cars are highly desirable.

    First stab at a never-sold-here JDM classic
    ZGs in Japan trade in the ¥11m–¥13m (about $100k–$125k) range, as the buyer of this car was well aware, and this was the model’s first appearance at a U.S. auction. When bidding stopped, the buyer knew he had scored a deal.

    In a telephone interview, he said that while he wouldn’t have paid a Japanese-market price, he was prepared to bid a little higher. His wife also liked the car, which always helps. He speculates that he outbid one other buyer in the room and perhaps one on the phone.

    The buyer, who was familiar with the car on offer, described it as not a show car, but a very nice driver. It was fitted with a Datsun racing steering wheel and rear brace, and the paint had gone from its original maroon to silver and back again. The most notable deviation from stock was the thick Watanabe wheels, but a period racer would have no doubt ditched the factory skinnies and filled the flares with something meatier anyway. This is the look you want when showing up at a JDM car meet.

    The G-nose and the Z-car pecking order
    Fairlady ZG desirability in Japan sits well above a stock Z and somewhere behind the race-engined Fairlady Z 432. In the United States, ZG clones go for $10k to $20k, and some exceptional stock 240Zs have now sold above $40k. In 2015, two Fairlady Z 432s sold here for $253,000 and $170,800.

    But while a 432 is worth more, with its hood down it’s pretty much indistinguishable from a stock 240Z. You’ll never mistake a ZG for a stock 240Z.

    The downside is that, with all the G-nosed 240s out there, you’ll forever be explaining that this one is not a fake — an experience familiar to any Shelby Cobra owner.

    It should also be pointed out that Zed-heads in the U.S. and Japan regard G-nosed 240s as unequivocally cool, and not wannabe ZG poser clones. The scene on both sides of the Pacific has a long tradition of modifying cars — be it with outrageous custom bodywork, or just cosmetically replicating otherwise unattainable classics, such as Skyline GT-R Hakosukas and Kenmeris, and Fairlady ZGs. A seasoned SCMer paid a premium for this car’s rarity and authenticity, but most mainstream J-tin enthusiasts would likely opt for a quality replica at a quarter of the price.

    A 1960s vision of a 1970s icon
    Taste is subjective, and many will view the Fairlady ZG as just a 240Z with a strange-looking body kit — which it pretty much is, motorsport history notwithstanding. Looking at Nissan stylist Yoshihiko Matsuo’s original renderings of the Z car, however, offers a different perspective.

    These early drawings and clay models, dating to the mid-1960s, show a sleek grand tourer resembling a Jaguar XKE. The 240Z’s front end that now seems so iconic in fact came about primarily in deference to the requirements of the U.S. market, which Nissan so desperately hoped to capture with their new sports car (and ultimately did capture, of course). The forward lip came up, open “sugar scoop” headlamps replaced the covered lights, and the hood line was raised to accommodate the new 2.4-liter engine.

    And so it was: The quintessential Japanese sports car of the 1970s arrived with a splash, its 1960s charm left on the cutting-room floor.

    If Matsuo were asked, he might point to the Fairlady ZG as the closest approximation of his uncompromised vision. As it happens, that’s just what the buyer was thinking when he bought this car.

    A Next Gen buyer with refined taste
    While this sale confirms the trend of U.S. collectors stepping up to acquire rare JDM classics, perhaps the bigger story is the purchaser himself.

    It’s not surprising that the buyer of this Japanese sports car is younger than 40, but you probably will be surprised to learn that he’s been in the collecting game for over a decade — and that his personal collection includes custom-bodied Italian cars, two 1960s Ferraris, and a 2005 Ford GT. This is his first Japanese collectible.

    The buyer describes his taste in cars as mainly a function of aesthetics, historical significance and rarity. In the ZG’s svelte, long-hooded profile, he saw the same unity of form that attracted him to his first Ferrari. The next J-tin classic on his bucket list is a Toyota 2000GT. Down the road, he’d also like to acquire a Lexus LFA.

    For veteran collectors concerned with the future of their hobby, word of a young car guy who digs expensive old Ferraris should come as welcome news. By the same token, that this buyer sees no conflict in parking a JDM hatchback alongside his Italian thoroughbreds shows that the new guard is playing by its own rules.

    Well bought and well sold. ♦

    (Introductory description courtesy of The Finest.)

    [​IMG]
    [​IMG]
    [​IMG]
    [​IMG]
    [​IMG]
     
  12. Albrecht

    Albrecht Well-Known Forum User

    The car has been passed around between several dealers in the US since it first arrived there. It's a nice car, but it has some issues that would be quite easy to rectify (and I can't see why they haven't been addressed). It's also a fair way from standard (which is what gets top money at this level) and it's no longer in the condition it was when photographed for that Petrolicious article.

    The Petrolicious article gets a couple of things wrong. They say the engine is an L20, when it's an L24 (there's a constant misapprehension that Japanese market cars were all 2-litre capacity) and they say it has an LSD, which it may well do, but it was not part of the stock specification.
     
  13. franky

    franky
    Z Club Member

    what would that be in Japan? £60k?
     
  14. Albrecht

    Albrecht Well-Known Forum User

    You're probably looking at something around that figure to buy an average one in Japan today. There's a fairly big variation (because of condition and level of modification from stock) but the average ones are 7 million JPY up from a dealer and easily over 10 million JPY for the better ones. Case by case, though. Many of these cars had a hard life in the 80s and early 90s...

    If you buy privately it's possible to get one for less, but the dealers are circling.
     
  15. SeanDezart

    SeanDezart
    Z Club Member
    Official Trader

  16. jonbills

    jonbills
    ZClub Administrator
    Staff Member Committee Member

    I thought it looked familiar!
     
  17. Albrecht

    Albrecht Well-Known Forum User

    Reasons for my ha'porth of tar comments about the car: For example:

    [​IMG]

    As can be seen above, the bonnet extension panel is misshapen and ill-fitting. These panels are vulnerable to small parking bumps and harsh UV/high temps, so it's nothing unusual on a ZG. This would be a fairly easy fix for a 'collector' (dealer...) to rectify before auction, but the bigger question is why didn't he fix it in his ownership?

    Look at the headlamp covers. Stock factory ZG covers have just FOUR retaining screws each, so more have been added here and they are the wrong type (stock type are JIS domed head and sit in recesses pressed into the trim ring). It's unnecessary, and unsightly. Again, easy to rectify. So why not done?

    [​IMG]

    Engine bay is very revealing. They've somehow lost the upper part of the bonnet catch mechanism. Would be an easy fix. Sloppy! The limitations of the paint job are easily seen, with poor prep (sprayed-over glue residue) and missing bonnet guides & sponge dampers for the inspection flaps. The proper cowl rubber seal is missing (such an easy fix!) and some of those hoses need a haircut. The red coil sticks out like a sore thumb but it is being challenged for attention by those white HT leads.

    [​IMG]

    The carburettors are not original to this car. Not a big problem, but the sales description seems to imply they are the originals. The air filter housing is also not correct (it probably comes from a USA market car).

    If you look at the pinch seams on the sills, they look fairly ragged. My hunch is that this car was 'freshened-up' in Japan, but to day-to-day use standards that don't match up with the sales pitch or the Bonhams Monterey auction standards.
     
  18. SeanDezart

    SeanDezart
    Z Club Member
    Official Trader

    Basically, it'd pass for rare and original to an untrained eye - who really would know that those aren't the original carbs ? Ogf course, anyone serious ought to do their homework but not easy on a JDM machine. Thanks Alan.
     

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