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$150,000 for a 10th Anniversary Z!!!

bobc
bobc
in Open Chit Chat

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comment_171422

Can someone link me to this $$150k 280zx car? I am curious as to what something that demanding this sort of prices looks like.

This guy must be on crack, because for 150k I would buy me a Hennessy edition Dodge Viper and two fully restored sub-500 VIN number 240z's.

comment_171432
Can someone link me to this $$150k 280zx car? I am curious as to what something that demanding this sort of prices looks like.

This guy must be on crack, because for 150k I would buy me a Hennessy edition Dodge Viper and two fully restored sub-500 VIN number 240z's.

Not from that guy. He has a 94 Viper for only $200K.

comment_171445
Not from that guy. He has a 94 Viper for only $200K.

Damn this guy is crazy! I use to live just a couple of miles from the Hennesy (sp?) company and they are awesome cars, but new Vipers are only in the 60k range and after a Hennesy upgrade they are only 100kish (well the last time I dreamed of them).

200k for a 94' Viper, no unless it's got 100 pounds of gold in the trunk.

comment_171495
Damn this guy is crazy! I use to live just a couple of miles from the Hennesy (sp?) company and they are awesome cars, but new Vipers are only in the 60k range and after a Hennesy upgrade they are only 100kish (well the last time I dreamed of them).

200k for a 94' Viper, no unless it's got 100 pounds of gold in the trunk.

I have put more thought into this subject than it probably deserves, but here is one possible line of thinking for the pricing that we (and lots of other people) perceive as outrageous.

Some rare cars are valuable. For instance, Ferraris are produced in low volume. Due to the effort put into theses cars in the way of design and engineering, they are considered valuable with most models appreciating in value in the long-term.

In differentiating between examples of rare cars, mileage frequently comes into play. I've read time and time again that some low mileage example of a collectable car will lose significant value if it is driven.

The advertiser does not really understand the market for the cars he is advertising, so he has speculated wildly on the value.

The big problem is that because he doesn't understand the market, he also is absolutely clueless on his advertising. He selected this site and Zcar.com just because both focus on Z cars. However, both sites tend to be geared more toward the enthusiast who drives his car instead of the collector who has the temperature controlled garage, assembling a vast array of collectables.

He is a speculator, pure and simple, hoping to find the whale that wants to pay his price. I have to wonder if he truly has any appreciation for the cars on his website.

comment_171502

To further add to that, he has a 64 Corvair Monza Spyder convertible listed at $25999. That would be a low price for such a limited production car if the condition of it is right. So, as you say, he doesn't really understand the market.

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