240Z Registered for Barrett-Jackson 2007

[lonetreesteve]

Looks like there is only one 240Z registered so far for the Barrett-Jackson Auction (Scottsdale) coming up in January. It's a '72 custom; here's the link:

http://www.barrett-jackson.com/carlist/cardetails.asp?In_AuctionID=221&In_LotNumber=325

[bobc]

This car is presently for sale through a listing in Hemmings. It was advertised by its previous owner on several sites. I think they were asking $8,000 for it (originally asking $12K). The place that has it now is down towards San Diego. I called on it a month or so ago and they are asking $25K!!!

While I don't think it's anywhere near worth that, I sure hope they get it, so all our cars will rise with the tide!

[lonetreesteve]

I think that only the very clean, stock 240Zs will get the top dollar (relatively speaking) at Barrett-Jackson. This is because the type of buyer present at these auctions. Yeah, you will see some classic American custom cars go for big bucks, but I think that a fully & properly restored stock 240 or an extremely clean & preserved stock one will bring a lot more since a number of these buyers are looking for a good investment. A lot of them know that the 240Z is an up & coming classic and cars like the subject are just too personalized (i.e. paint designs, steering wheel, etc.) and don't fit the criteria.

[Duffman]

I will look forward to seeing it, as I live 5 minutes from the auction at Westworld in Scottsdale!

[Carl Beck]

It will be lucky to bring a bit of $8,500.00...

The best 240-Z's never make it to an auction today.. they are sold via private sales at this point. Demand far out strips supply for true "Collector Quality" examples (#1 and #2 condition cars in the $20K to #30K range).

Perhaps in three to five years, you'll start to see true "Collector Quality" cars making it to the auctions. That will be because with a gathering of several buyers - willing to pay high prices - in one place at one time - it will start to make sense to have the car available there for personal inspection, by everyone - prior to the auction.

Just my opinion...

FWIW,

Carl B.

[theianmonster]

That thing is disgusting.

[=Enigma=]

That's not a custom made steering wheel either. You can buy that from Billet Specialties right on Amazon.com.

http://www.amazon.com/Billet-Specialties-BSP-30960-Steering-Aluminum/dp/B000A8JC7Y/sr=1-15/qid=1164694726/ref=sr_1_15/102-1276018-2440135?ie=UTF8&s=automotive

or direct from their website:

http://www.billetspecialties.com/item.asp?cid=12&scid=13&pid=528

[26th-Z]

I would have to agree with you on this one, Carl. From what I have seen recently, and I'm not paying close attention like I used to, choice cars far superior to this auction example are trading privately. I am just astounded at what I have seen lately.

[BD240Z]

I will look forward to seeing it, as I live 5 minutes from the auction at Westworld in Scottsdale!

I'll be there as well, I'm about 15 minutes or so from the site. Some of the resto work I've seen in the past on some of these cars just knocks me off my feet, the finished products are phenominal.

On the other hand, there have been a number of cars that weren't detailed at all. Makes you wonder what the owners were thinking.

Bruce

[lonetreesteve]

It will be lucky to bring a bit of $8,500.00...

The best 240-Z's never make it to an auction today.. they are sold via private sales at this point. Demand far out strips supply for true "Collector Quality" examples (#1 and #2 condition cars in the $20K to #30K range).

Perhaps in three to five years, you'll start to see true "Collector Quality" cars making it to the auctions. That will be because with a gathering of several buyers - willing to pay high prices - in one place at one time - it will start to make sense to have the car available there for personal inspection, by everyone - prior to the auction.

Just my opinion...

FWIW,

Carl B.

Hi Carl (everyone),

It's too bad all the recent 240Zs on the auction block at Barrett-Jackson haven't been "Collector Quality" cars. I for one would like to see it happen sooner than later. I think it helps gain respect for the 240z as a true classic sports car.

Carl, As you know, the BJ Auction in Florida has grown significantly over the years, even though it's not anywhere close to the one in Scottsdale. With the number of 240Z collector quality cars & car owners that you are familiar with in the Southeast and Atlantic Coast, do you see any that might try they luck at the BJ Auction in the near future?

[Ron Carter]

I know this car. It is based out of Temecula California (about 20 miles northeast of me).

I have seen it at MSA and know the girl that owns it (as an aquaintance).

This car is not my style, but has been nicely done and is reasonably well put together. I doubt it will get big numbers...I would say 6 to 10k best...

[Arne]

It's too bad all the recent 240Zs on the auction block at Barrett-Jackson haven't been "Collector Quality" cars. I for one would like to see it happen sooner than later. I think it helps gain respect for the 240z as a true classic sports car.

I don't think there is any lack of 'respect' for the 240Z. What I do see is that the 240Z community is very tight-knit. People who are looking for a 240Z always seem to be able to find someone who knows someone, who...

Thing is that until we start seeing more people looking for 240Zs in collectible or survivor condition, you aren't going to see them at B-J or other big name auctions. If someone has a low-miles survivor they want to sell, and there is only one person at B-J who's interested, the results will be poor. On the other hand, selling privately through other 240Z contacts will likely bring better results. Even eBay will do better than B-J until multiple buyers show up.

Currently, the number of people willing to shell out large money for a great 240Z isn't big enough to make selling one at B-J viable. But private sales can still do well. We must accept that lots more people will bid on old American iron than will bid on a pristine 240Z.