Value of a Z, numero dos

[herbsteiner]

Since we've all cooled down about the Z car listed at 38K, I would like to say that while I'm a Z owner only for 9 months, I've been a pro musician/guitar buyer/seller/collector for almost 5 decades, so I do have some experience with mid-level collectibles. Which the Z car in general and the Z car in question may or may not be.

There are guitars selling for 6 figure amounts that sold for $300 in 1959. There are electric guitars in the mid-5 figures that sold for $250 in 1962. What it takes is someone who has so much money that those figures are capricious to raise the bar to levels unheard of by normal folk.

There are many, many, young and mid-aged people making great money who may harbor romantic feelings about Z-cars and spending that kind of bucks on a one-of-a-kinder is no big deal.

It's a Baby Boomer thing, I reckon. Hey, an attorney who just made a 7-figure settlement on a big corporate liability case and wanted a Z like that ever since he was in high school would have no problem spending 38K on that ultra-sweet puppy on eBay.

If the collectible Z market is similar to the guitar market, word would get out about the big purchase and a new bar level set, though modified drastically by reality. The buyers who couldn't ever afford the atmospheric prices would realize that demand apparently has gone up and maybe they should hop on the *possible* bandwagon, just as sellers would feel they need to up their asking prices.

Just my 2 cents. Since I'm new in the Z car world, I'm interested. FWIW, I bought a very driveable 73 that needed some work and a paint job. Paid $3600, bought lots of parts and spares, paid for some mechanical work beyond my skills, and a body/paint job, and I've got about 9K in the car. For a DD that gets a lot of "thumbs up" driving down the highway, I think I'm about right for it.

Edited April 20, 2011 by herbsteiner

[DC871F]

I have owned atleast 6-7 240's and 280ZX's, it wasnt until about 2 years ago that I saw prices that were insulting. I always have been able to find desirable cars, that may have needed a little TLC for the right money, and its no secret that you can still do that today.

Just a few days ago on ebay, there was an all original silver 240 that still was not at reserve at 14K, and the sad part was that there were like 20 bids for the car, this is ridiculous. I thought this very thing was going to start back in the 90's when Nissan opened the "Z stores", but it didnt take, and things died down. I blame the internet purely for this inflation on a car that is not rare. Other than a few select items, you can find anything you want for these cars, and you can find any car you want in any given condition, so why the big bucks.

Whats the first thing you weigh in real-estate, what will it be worth in a given amount of time, the same for "high dollar" cars. 38K is out of line, but congrats to the seller.

[cozye]

herb, did you get your car painted ??? You must post some pics up !