Useless information. Of interest to some.

[1 Bravo 6]

One of the many good things about being retired is that I have the time to completely WASTE my time, whenever I have the time to waste it.

Today, with nothing on my plate that really NEEDED doing, I dug out the January 2003 edition of Just Cars magazine and carried out a price comparison of cars against the current (January 2005) edition. Now, while I didn't use a calculator, I'm reasonably sure about my results. Keep in mind that this is taken over a two year period and applies to cars that are, quote, "Condition A: The car will be in excellent condition. It is likely to warrant a score of at least 85/100 in a concourse event". And, "The values shown in the Just Worls Cars guide are indicative of the prices that cars will sell for in the current Australian market", end quote.

The list is far too long to detail each hike in value. Suffice to say that, if you own an early ford or holden, the value has gone up by at least $2,000. (That's for a '69-'74 Capri 1600).

The biggest hike in value for Ford was for a '69--'70 Mustang Boss 302, up by $18,000, closely followed by a '71-'73 Mustang Mach 1, up by $16,000.

The poor old Holden's two biggest increases were '72-'74 L.J Torana XU1, up

by $9,000 and a '69-'70 HT Monaro GTS 350, up by $8,000.

The biggest hikes by far go to the '62-'68 Cobra 289, up by $140,000 and the '65-'67 Cobra 427, up by $100,000.

Surprisingly, the various models of MG's and Porches remained static as did, (unfortunately), all models of our beloved Zeds, which are currently valued at:

Fairlady, '64-'69, $10,000

240Z, '70-'74, $15,000.

260Z, '74-'78, $12,000.

280ZX, '78-'83, $10,000.

300ZX, '84-'86, $15,000.

Now, how rediculous is that ?????. To add insult to injury, one of the greatest white elephants of all time, the '73-'75 Leyland P76, rose in value by $2,000.

Here we are, the proud owners of a Zed, which motoring writers regard as one of the most important cars in motoring history, yet is valued at far less than the makes and models of other marques that were outclassed in every way by the 240Z.

Ah, well, such is life.

OOOps, shouldn't say that, look what happened to Ned Kelly.

Rick.

:devious: :devious:

[ZHeadV8]

Probably old news now but check this out - the Wall Street Journal shows a fairly healthy rise in 240Z prices over the last ten years

http://online.wsj.com/public/resour...intVersion=true

I do however agree with you but unfortunatley supply and demand dictate price rises or not - now had the 240Z had a ferrari badge.......

Fundamentally, regardless of how good it may be, most people do not want to drive a Datsun, their loss, our gain :stupid:

[ZHeadV8]

sorry, just checked the link and it is down - showed a 195% rise in 240Z prices 9in the last ten years, more than most exotic cars. The biggest risers were old school American Muscle cars

[TomoHawk]

Never heard of a "Datsun" so why should I buy one?

[Alfadog]

Very interesting Rick. I think Australia has the cheapest 240Z's in the world! Not that I am complaining - just keep the prices low for a few more years until I get another one OK!!

[Mike]

Probably old news now but check this out - the Wall Street Journal shows a fairly healthy rise in 240Z prices over the last ten years

http://online.wsj.com/public/resour...intVersion=true

Do you happen to have the original URL to this? I think your URL has ..... in the middle causing it to be wrong. If you paste the entire thing the system should automatically fix the URL.

-- MIke

[Bambikiller240]

http://online.wsj.com/public/resources/documents/info-invcar04.html?printVersion=true

[260DET]

The 240/260 certainly seem to have gone up in demand and price in the bloody hot, errr, 'sunshine' State. The Eurosnob cars are still big, the Murrican and Aussie muscle is popular with the show'nshine crowd.

But competition use of the Z is booming and some of them are no expense spared big dollar cars. Some of their suspension systems are costing more than a really good entire car. In fact it seems that most Z owners now are prepared to put money into their cars whereas not so long ago bragging rights went to those who took pride in spending the least

[Gav240z]

I believe as owners it's our responsibility to set the mark in terms of price. I valued mine at $10,000 when i insured it but to be honest if I remove the rust in the doors I'll say it's worth $12,000. We need to start increasing the prices that's just it alot of people are getting into the Z as a performance car for rally events, racing you name it. It won't be long before the Z will increase and cost far more than any old XU1 piece of junk Torana yuk!

Some of the Zeds in VicZcar are of exceptional quality and the more Z's like that around that are built to the same quality the higher these cars will start to demand.

Alfa now is an ideal time to buy a Z while you still can on a shoe string budget.

[TomoHawk]

Exactly.

If supply & demand determine the price of things, then low demand means low price.

[Walter Moore]

Low demand only means low price if there is a plentiful supply...

A friend of mine was lamenting one day that back in '68 he had bought (brand new) a Chevy Nova (SS I think...) with a big block V8, and a Muncie 4 speed. A classic American muscle car. With car prices being what they were back in the day, he spent less than $3000 on it I expect.

The thing (like most of the late 60's muscle cars) was really poorly built junk. Within two years it was trash. The rear leaf springs had broken (and been replaced) several times. The body was badly rusted, and the frame was saging. He traded in in on a Capri, and got very little for his trade.

He saw a Nova sell at auction recently that was almost identical to the one he had owned. (when it was new, not when he traded it in.) The car sold for over $100,000.

(note the U.S. use of a comma to separate the thousands place, not as a decimal point.)

Very few people WANT a 60's Nova, but for those that do, there are almost none left in existance. The same sort of twisted logic applies to many other cars as well.

Lots of people want a "Z" car, but in the shall we say "less moist" parts of the world there is still a good supply of them.

[1 Bravo 6]

Gavin, me old china,

Just Cars values the '70-'71 LC Torana XU-1 at $20,000 and the '72-'74 L J Torana XU-1 at $24,000. TWICE that of a Zed.

While I'd like nothing better than to see the value of Zeds skyrocket I fear that it won't be for quite a while yet.

I reckon I could get around 11K for Precious as she stands. Now, if I were to put a price of, say, --20K on her, any prospective buyer would pass me by and buy yours for 10K.

Sure, we can "Set the mark in terms of price", but we have to be realistic at the same time.

It's not the availability or the number of cars of a model still on the road that determines it's value. It's the NAME !! The MARQUE!! The BRAND !!.

There must be THOUSANDS more MGB's than Zeds around and their value is 25K.

What's the answer ??????

Buggered if I know mate.

Rick.