EBay Project ('F' Word) restoration car

[Ron Carter]

Yeah, I am okay with the color, but stock Z cars are not my thing...

If I were to buy one of these Z's I would find one of the 5 or 6 that Les Cannaday did, as his cars were really nicely put together.

Chris this would be a nice way to buy all the parts you need for your cars on one rolling chassis.

BTW, Chris isn't your one of your cars green?

R

[26th-Z]

5 or 6? More like one or two. Definitely one. Les? Are you reading this? You were going to get back to me with those VINs and pictures? Les?

Yes, both of my babes are green!

[cremmenga]

knuckleheads??? ouch dude

[lonetreesteve]

The subject car was sold for $18,000.00.....what do you guys think -a bargain for a Vintage Z Program car? Or just about the right price since it was unfinished?

[Carl Beck]

The subject car was sold for $18,000.00.....what do you guys think -a bargain for a Vintage Z Program car? Or just about the right price since it was unfinished?

It's not a Vintage Z Program Car - just spare parts left over when the program ended. $18K isn't too bad if you liked the color and wanted a project to finish.. the fun part of the refresh is still ahead and there are lots of parts with the car... for the right buyer $18 is an OK price.

Carl B.

[montoya_fan01]

I've seen complete,"official" Vintage Program cars go for $18K on eBay. Saw one go for around $11K a couple of years ago.

No way I'd pay $18K for an "unoffical, half completed" Vintage Zcar.

[lonetreesteve]

As Carl Beck stated in another thread earlier tonight ("#913 on Ebay"), it looks like pristine 240Zs are certainly gaining in value and will continue to do so as long as the economy stays good and interest rates stay low. That is good news for all of us, because of the "trickle-down" effect.

[montoya_fan01]

As Carl Beck stated in another thread earlier tonight ("#913 on Ebay"), it looks like pristine 240Zs are certainly gaining in value and will continue to do so as long as the economy stays good and interest rates stay low. That is good news for all of us, because of the "trickle-down" effect.

......................unless you are in the market as a BUYER ! ! ! !

if it's true, it's only good for 1/2 of the people in the market (i.e. the SELLERS)

[26th-Z]

Couple of theings:

Chris, that was an expression of endearment. No harm intended.

I agree with Carl. The car isn't really a Vintage Z. I would call it a "Vintage Z Foornote". But in terms of value, it's like any of the cars we see trading; it is worth what someone is willing to pay at any given time. I'm glad to see it sell so well.

[Carl Beck]

......................unless you are in the market as a BUYER ! ! ! !

if it's true, it's only good for 1/2 of the people in the market (i.e. the SELLERS)

Well that too is a two edged sword. Even if your a buyer, you'd rather see prices going up at a steady rate, rather than dropping like most used cars. If your a smart/wise buyer you can still find relative bargains NOW.. and if you do you can enjoy the car for years and not lose too much money when you sell.

I'd agree we would mostly not want to see the price of good 240-Z skyrocket out of sight.. but I believe the days of having a cheap 240-Z that's in great shape - are all but over and many people will be priced out of the market pretty soon.

When I was a kid, a good used car was at least $500.00 to $1000.00, and a great used car was $1,500.00 to $2,500. It's the same today, just add a couple of zero's.. When I was a kid a E-Type was about $6,500.00 new in 62... by 75 you could find them for $1,500.00, by 85 they were $15,000.00 by 95 they were $25,000.00... by 2005 they are what now??..... $50,000.00 to $65,000.00.

It's all about supply and demand... the Demand for 240-Z's at least is far larger than the supply.

FWIW,

Carl B.

[Ron Carter]

Well put Carl, another aspect in respect to the value of a car is availablility of parts. We are seeing more and more discontinued parts, items are harder to get ie taillights, etc...

The cost of labor to do a resotoration is now higher as well as the time necessary to rebuild these cars is extravagant.

Finally, there are fewer and fewer examples of good Z cars. There are only a few original owners left (present company excluded Carl). And most of these cars have been ravaged by rust and excessive miles on the road. So there is a limited number of really good cars left, and those examples will bring bigger numbers.

I say that $18k for that car and its parts might be a good deal, based off the condition of the work that has been done to this point. After all, it is an accurate recreation of a classic sports car icon. The 240Z

Chris, Les is not on this thread, but will be over at my house this evening. I will ask him about the Vin numbers of the cars he restored. I am sure he has them on file somewhere. I also forwarded 2 of the mitty posters to him, and he appreciated it....