I bought this 1972 240z two weeks ago at the Houston Mecum auction. I’m new to Zs and have owned mostly older Miatas as my weekend car. 

Here is the Mecum listing:

https://www.mecum.com/lots/HA0419-372171/1972-datsun-240z/

 

The car has the build book with $26,000 in receipts. The prior owner had it for 17 years and did most of the work himself. 

 

I paid $13,750 for the car, including commission. There were three owners before me and the car has 107k miles. Any idea what the car is actually worth?

Good buy!  I think you officially stole it.  If you clean it up and relist it on BAT, you could likely see $20k+

https://bringatrailer.com/datsun/240z/

Somewhere between $18,200 and $38,300 according to Hagerty.

1 hour ago, Mike said:

Good buy!  I think you officially stole it.  If you clean it up and relist it on BAT, you could likely see $20k+

https://bringatrailer.com/datsun/240z/

It’s insane what 240zs have been selling for on BaT. Mecum screwed up the listing for my car.  The original engine is in the car itself, not “included.”

Mecum also messed up by not keeping the build book in the car. Had that book been presented at the time of bidding, I think it would have sold for more. 

A steal. Nice work. 

If you are new to Z cars, the one piece of advice I would give is treat it only as a fair weather car.  The sheet metal was not very good.  I don't drive mine unless the sun is out.  I live in the Midwest.  Mine sits in a heated garage in the winter and I only drive it on dry summer days.  No rain.  Also, try to put a light colored towel over your dash when it sits outside.  Especially in your area of the country.  :)

just a heads up the front side marker lights are on wrong.  The need to be rotated 180 degrees.  Sorry, i'm just picky about correctness.

1 hour ago, mgood said:

just a heads up the front side marker lights are on wrong.  The need to be rotated 180 degrees.  Sorry, i'm just picky about correctness.

Don’t apologize. I appreciate any and all feedback about the car.  To the extent that I can, I’d like to make the car as correct as possible. So please, keep the comments coming. I will post more photos as well.

5 hours ago, 87mj said:

If you are new to Z cars, the one piece of advice I would give is treat it only as a fair weather car.  The sheet metal was not very good.  I don't drive mine unless the sun is out.  I live in the Midwest.  Mine sits in a heated garage in the winter and I only drive it on dry summer days.  No rain.  Also, try to put a light colored towel over your dash when it sits outside.  Especially in your area of the country.  :)

That car will never see rain. And I do have two dash cracks when the prior owner, after restoring it, let it sit outside on a hot day (I spoke to him after the auction).

Just trying to figure out your comment...  So, he restored the car and it had no cracks?  After leaving it outside one day in the hot sun, he came out to see the new ones from that day?

12 minutes ago, Mike said:

Just trying to figure out your comment...  So, he restored the car and it had no cracks?  After leaving it outside one day in the hot sun, he came out to see the new ones from that day?

That was his contention. I believe him. He had no reason to lie.  I had bought the car already, as is, from Mecum.