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Thread: Confirmation That the Collector Car Market is NUTS!

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    Yoda AngliaGT's Avatar
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    Confirmation That the Collector Car Market is NUTS!

    An extremely nice '71 240Z sold for $310,000 on BringaTrailer.
    What would you do if you bought it?


    www.bringatrailer.com
    Just Remember.......
    NOBODY ever says "COOL PRIUS!"

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    Re: Confirmation That the Collector Car Market is NUTS!

    Wake up from my nightmare

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    waltesefalcon  (01-30-2020)

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    Yoda HealeyRick's Avatar
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    Re: Confirmation That the Collector Car Market is NUTS!

    That's unbelievable: https://bringatrailer.com/listing/1971-datsun-240z-124/ Lots of comments, too.
    Rick

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    Yoda Boink's Avatar
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    Re: Confirmation That the Collector Car Market is NUTS!

    Crazy... even for a super low-mileage original car. Maybe it comes with the rest of the showroom.
    - Mark

    Former 1956 Austin Healey 100-4 (BN2)
    Former 1962 Mk1 Austin Mini (850)
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    Yoda HealeyRick's Avatar
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    Re: Confirmation That the Collector Car Market is NUTS!

    Every so often I think of what new car I could buy if I sold my two Healeys and, obviously, have always figured it's not worth it. But there are a couple of brand new Ferraris you could buy for the price of the 240Z, that I'm just going to assume are a lot better sports car than a 50 year old one. Only thing I can think of is the buyer already has lots of new Ferrari money and this is small change or the Nissan museum is really desperate for a low mile example.
    Rick

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    Great Pumpkin JPSmit's Avatar
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    Re: Confirmation That the Collector Car Market is NUTS!

    Quote Originally Posted by HealeyRick View Post
    Every so often I think of what new car I could buy if I sold my two Healeys and, obviously, have always figured it's not worth it. But there are a couple of brand new Ferraris you could buy for the price of the 240Z, that I'm just going to assume are a lot better sports car than a 50 year old one. Only thing I can think of is the buyer already has lots of new Ferrari money and this is small change or the Nissan museum is really desperate for a low mile example.
    OR, all it takes it two determined bidders.
    John-Peter Smit
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    Yoda waltesefalcon's Avatar
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    Re: Confirmation That the Collector Car Market is NUTS!

    Well that's nuts.
    Cheers,
    Walter
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    Yoda HealeyRick's Avatar
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    Re: Confirmation That the Collector Car Market is NUTS!

    Quote Originally Posted by JPSmit View Post
    OR, all it takes it two determined bidders.
    True, but the interesting thing about BaT is they're not serving free booze to get the two bidders in the room to engage in a death-match.
    Rick

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    Re: Confirmation That the Collector Car Market is NUTS!

    Someone with more money than sense.
    Was Man nicht im Kopf hat muss Man in den Beinen haben
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    http://enfoprefect.org

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    Jedi Knight
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    Re: Confirmation That the Collector Car Market is NUTS!

    Or, perhaps it'll be picked up by someone hoping to get it out of there before the check bounces...

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    Obi Wan
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    Re: Confirmation That the Collector Car Market is NUTS!

    Maybe I shoulda kept my '79 280ZX 2+2. The rockers were rusting and I dumped it. Metallic red.

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    Great Pumpkin NutmegCT's Avatar
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    Re: Confirmation That the Collector Car Market is NUTS!

    Can you say "outlier"?

    Recent BaT sales of 240Zs:

    Outlier.jpg

    https://www.hagerty.com/articles-vid...nd-record-310k

    The buyer apparently joined BaT just to buy this car.
    Mac & Phyllis Take a Trip: http://nutmegflyer.com/trip-details-daily-updates/
    History: 1976 MGB, 1959 Triumph TR3A, 1960 Mercedes-Benz 190b, 1958 Rambler American.
    Current: 1953 MG TD27318.

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    Re: Confirmation That the Collector Car Market is NUTS!

    I remember last weekend there was a Barrett-Jackson marahon. Saw a TR-3 sell, looked black with silver racing stripes and a chin spoiler. $93K (as opposed to a late early bodied Bronco for $640K).I just looked up the TR3...looks like the same car.Listed as sold for $44K.So, why do we see numbers at the auction that are more than double what the listed sale price is? https://www.barrett-jackson.com/Even...ERTIBLE-237179. Granted there could be several of these just like this one...chin spoiler and all.....says green and white, was hard to tell under the lights.

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    Yoda AngliaGT's Avatar
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    Re: Confirmation That the Collector Car Market is NUTS!

    What really gets me is when you hear guys say -
    "I had a 240Z......wish I had it back".
    What they're really saying is - "I wish i had it back,so
    I could sell it for stupid money".

    To me,that's the wrong reason to buy a car.
    Buy it because you really want it,& want to keep it.
    Just Remember.......
    NOBODY ever says "COOL PRIUS!"

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    Re: Confirmation That the Collector Car Market is NUTS!

    It's all fake. Who would spend the kind of money bandied about on the cars shows for what they get?
    Ratings.
    Probably not one of those Motor Trend car show shops I'd let withing 100 feet of any car I owned.

    When was the last time Foose shipped one with a (legally required) outside rear view mirror?

    But they do it in six days, right?

    Fake bags under Chip's eyes at (allegedly) 2 AM

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    Yoda Boink's Avatar
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    Re: Confirmation That the Collector Car Market is NUTS!

    In statistics this is a fine example of an outlier. LOL
    There's something "funny" about all this (though stupid might also be at work).

    Anyway, my dad had one of the first ones imported in 1970. It sure was a cool and mysterious car for about 6 months. Its only downside was that it was badged to death (with stuff plastered all over it - including the hatchback). At the time, it was priced about the same as a Porsche 914 (which he was also considering)… and I recall them both at about $3,600.

    I graduated from high school that year, and it was a fun car to drive (as a relative newbie).
    - Mark

    Former 1956 Austin Healey 100-4 (BN2)
    Former 1962 Mk1 Austin Mini (850)
    Former 1973 Austin Mini (really a 1980s Cooperized Mini)
    Present 1959 Austin Healey "Bugeye" Sprite (with 1275, 5 speed, discs, etc)

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    Yoda Boink's Avatar
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    Re: Confirmation That the Collector Car Market is NUTS!

    Was just reading this at BaT (on a Sprite sales page):

    "In fairness to our sellers and bidders, we have extended this auction one hour to account for the temporary spike in server load we experienced after the 240Z auction this morning. We will continue to monitor all of our auctions and our server load closely, and expect nothing but smooth sailing ahead."
    - Mark

    Former 1956 Austin Healey 100-4 (BN2)
    Former 1962 Mk1 Austin Mini (850)
    Former 1973 Austin Mini (really a 1980s Cooperized Mini)
    Present 1959 Austin Healey "Bugeye" Sprite (with 1275, 5 speed, discs, etc)

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    Luke Skywalker LarryK's Avatar
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    Re: Confirmation That the Collector Car Market is NUTS!

    I know they are rising in price,but not worth it to me. For that money I could have what I got in perfect condition and move to a warmer climate with the biggest personal shop ever.
    Larry K
    58 Jag 3.4 MK 1 auto under restoration, 57 Jag 3.4 MK1 manual ,
    03 Cooper S, 2011 Cooper S Countryman, 2011 Land Rover LR4 HSE LUX, 1964 Valiant V200
    Also had , 68 Cortina 1600E, 64 Spit 4 & 80 1500, 73 GT6 3, 71 XJ6, 79 XJ6, 86 XJS V-12, 53 XK120 OTS.

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    Obi Wan
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    Re: Confirmation That the Collector Car Market is NUTS!

    Sooner or later, everyone sells their cars. Health reasons, old age, financial problems- or just get tired and bored with driving them and want something different. My TR6 owes me nothing. I've had it for over 20 years and if I sold it at a loss after what I have spent, it would not bother me one bit. But it would be nice to know that I could get a good price for it when the day comes to sell. I could always use the money for something else. I was being facetious when I said I shoulda kept my 280ZX. Same for my Porsche 356 coupe, my Twin-Cam MG, my three MG TDs even my two VW Beetles, not to mention my 1934 Ford convertible I bought for $150 and sold for $125 and my 1940 Ford sedan. And with the effects of inflation, don't tell me a dollar today is equal to a dollar in 1959. My father paid $10,000.00 for a 10-room house on Shippan Point-a fancy section - in Stamford in 1944. That house today? I'll look up the assessment and let you know.

  21. #20
    Obi Wan
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    Re: Confirmation That the Collector Car Market is NUTS!

    Just looked up my old house. Appraised for $1,236,275.00.
    My father shoulda kept it...unfortunately, he sold it for about $30 Grand in 1955.
    Along with that Ferrari 275 GTB I almost bought at sheriff's auction for $3800.00, now worth millions.
    One reason I'm still working at 86.

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