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Z's on BAT and other places collection


Zed Head

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$68K Seems fishy but fair for #842. Looks like at one time it was a grade 2 level of restoration, and now a high 3 since completion and multiple owner changes. Being that almost nothing changed from the recent sale of $68K, the market defined this Z's value and no one was willing to budge. 

It looks like a good starting point for someone to take on and really make it a nice example. Quite a few period correct items missing or replaced with incorrect parts. The repeating paint quality issues noted in the comments wouldn't be very hard to alleviate. All in all, on paper it could be made into a six figure car. 

Some folks were projecting the Z market is flattening out in resale values. From recent BaT transactions it appears we're having a flood of grade 3-4 cars in the market, none of much excitement like the Franklin Mint or $310K Green Monster Z. I hope they're wrong, and folks are just holding out for those concours level Zs. Helps keep up the motivation to complete my own cars. 

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21 minutes ago, 26th-Z said:

The comments during this auction 'from the peanut gallery' are simply typical of the stuff I read on BaT concerning Datsun Z cars.  I'm constantly amazed by some of the things I read including the dressing down of people who challenge the 'experts'.  The latest being about the "highest value in the world" comment by Bill himself.  BaT is proving (to me) to be the disinformation yellow press of our times.

So I watch, I laugh, I'm entertained and amazed at how naive some of these people are.  And how passionately they argue their misguided position!

Indeed. Bill Reagan (bless his heart) made some pretty silly claims about "World Record" prices which made me think of 'World Series' baseball, and now somebody is defending it as though it is indisputable fact and/or impudent and insolent to question it in any way, shape or form. Strange hill to die on.

Texas World Record, maybe?

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20 minutes ago, CW240Z72 said:

the market defined this Z's value and no one was willing to budge. 

I don't think that one person makes a market.  He went up $20,750 in one step and nobody even tried to add $100 to his perceived value.  He picked up a number that felt "right" to him.  But, if he has the money that's his prerogative.

image.png

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It is quite fascinating that someone would bid on a vehicle based on photos and seller‘s description.  There is no substitute to actual in-person assessment by someone knowledgeable about body work, paint and mechanical operation. This examination can turn a potential disastrous purchase into a real pleasure. My estimation is a flipper of vehicles does not care, as they are concerned with turning a quick profit on “business” inventory.  An enthusiast may very well relish the process of vehicle acquisition and ownership.

Pressing a “Bid” button does not necessarily represent passion for a specific vehicle, only the financial wherewithal to trade money for metal.

Keith

Edited by zed2
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12 minutes ago, Zed Head said:

I don't think that one person makes a market.  He went up $20,750 in one step and nobody even tried to add $100 to his perceived value.  He picked up a number that felt "right" to him.  But, if he has the money that's his prerogative.

image.png

That was where I was going. The previous auction set the bar for what this car was/is worth. Essentially having the car sit for 30 months with minimal use/work done wasn't enough for people to see any value added today. 

I personally despise seeing dealers horse trading cars in an effort to make a quick buck. But, to each their own. I would bet had this been the first time the car publicly was auctioned off it would have touched the $85K range some believed it to be worth. 

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I wonder what the story is behind ThreePedalCollective?  The buyer back in 2019.  Has not commented since last October.  Bought quite a few cars in just a couple of years on BAT.  Why sell the Z that was recently bought, with no reserve price set?  Maybe ThreePedal decided this one was a poor investment and wanted to cash out.  There would probably be some nervous Z owners out there if it had sold at less than $68,000.  Investments are "supposed" to continuously increase in value.

https://bringatrailer.com/member/threepedalcollective/

 

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25 minutes ago, grannyknot said:

Whoa!, I think that belongs in this thread,

 

I had not seen that thread until now.  I'm going to have to start drinking heavily to get those images out of my mind!

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7 hours ago, Johnz1971 said:

I agree with Granyknot.

A Z even a mother would be ashamed of. If my dog was that ugly, I’d shave his butt and teach him to walk backwards.

Cutting the roof off is tantamount to heresy.

At least the dash doesn’t have any cracks, eh?

 

 

Edited by Racer X
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13 hours ago, Johnz1971 said:

470 HP, wide tires, and an R180.  I think it's a show car, not a go car.

"Powered by a 400 cu in 470 hp Blueprint built small block Chevy"

image.png

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11 minutes ago, Zed Head said:

470 HP, wide tires, and an R180.  I think it's a show car, not a go car.

"Powered by a 400 cu in 470 hp Blueprint built small block Chevy"

image.png

Yikes!!! 😧 Looks like half of the suspension was sourced from the neighborhood Home Depot.

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8 hours ago, Racer X said:

I agree with Granyknot.

A Z even a mother would be ashamed of. If my dog was that ugly, I’d shave his butt and teach him to walk backwards.

Cutting the roof off is tantamount to heresy.

At least the dash doesn’t have any cracks, eh?

 

 

Might as well just buy a Vette,  I'm all for modifying but I would never pretend I could design a better looking exterior.  It's like Ketchup on Filet Mignon.

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18 hours ago, Johnz1971 said:

A custom stitched leather dashboard.

 

And a Signal Stat turn signal switch used on medium and heavy trucks.

s-l400.jpg

 

vintage-signalstat-900-sigflare-truck-tu

 

 

They didn't even get the chrome one.

 

903.jpg

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On 10/10/2021 at 12:05 AM, Johnz1971 said:

And to add insult to injury they put a bowtie on the rear end.  😞

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I took a look at the white 280 that was sold on BAT at the tail of last week. The owner had it in the car corral @ Hershey. Very nice car without rivet on side molding but with Zbart, the attendant plastic plugs and engine compartment treatment. Some nitwit in the past tossed the battery covers, firewall insulator and fastener when the battery went south. The car had spent some time in the sun as the luggage compartment carpet and straps were a bit faded. NEW OWNER - Banzai Motorworks has the correct reproduction insulator and fastener.

A customer's 240 - sold on BAT in early Feb of this year - trophied in the preservation class. Congrats to Jim L.

Threat of rain reduced the slow field by about 25%., ONLY 300 or so cars.

Only found one chap in period threads.

hershey21.jpg

IMG_2921.JPG

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