after the rest are sold for scrap and the few remain then the price will stabilise and start to reflect their true worth
agree with that. basically a lot need to die before any good remaining ones are worth money. as mentioned, it's simple supply and demand. there's still too many of them.
A few members just need to get together and start buying up all the cheap ones and pulling them apart. Stock pile parts and force prices up. Win win
now THAT is not a stupid idea. Happens in all circles. Heck there's a guy on the Ferrari chat forums who, when they were cheap during the GFC, picked up "another" Testarossa.....for parts. (yes it was running).
Really? I still have my parents original 2 door sitting in the shed waiting a freshen up. Been in the family since 1982. Might have to look into this a bit further....
Eeeep... ...I paid $27.5k for mine in 1999. Unmolested with genuine low kays, I looked at dozens of them that were similarly priced and this one stood out. Still relatively unmolested. When do I break even 2050?
Just enjoy your cars guys...they will never appreciate at a rate that covers you're maintenance. They aren't and never will be "investment class" vehicles. They will be notable as Nissans zed entry into the HP race of the 90's, but will be over shadowed by the R32 due to group-a pedigree in Australia. R32's with history are in the 200k mark, good clean VSPEC will get 90k. "Investment class" would have been picking up a Diablo SV for 150k in 2013 and now selling it for over 600k. Or a Ferrari 550 for 120k late 2013 and selling it today for 250k. So yeah, just drive them, enjoy them, and don't expect to get your money back, you'll just lose less :zlove:
Totally agree Andy. They'll never climb on par with any of those and no way will any (if any) appreciation out pace running costs (as that is a rare state of affairs for any car). Appreciation/depreciation means NOTHING until the day you sell. And life isn't about that. It's about enjoying NOW. All that said, I think what we're saying here is that a time IS coming when the Z32, like the 240/260 before it, will at least not be worth the rock bottom prices we're seeing now. The pristine few, of the exact right model, will fetch a "fair" price, when the environment is right. heck even the runt of the litter, the 280ZX, can fetch a good price IF it's a sought after version, in factory condition.
In the year 2000 grey imported 1989 model 300ZX Twin turbos in NSW were fetching between $30000 & $35000 each after compliance.
Can be said for most cars, way back in the day a mate sold a Torana XU1 for $500 and an XY Falcon GT for $1000 which was about market value at the time. Both are worth orders of magnitude more now but if he'd kept them he'd have still spent far more on running them than he'd make in appreciation. Even if they do go up in price as they get less common they'll not go up as fast as you spend money running them, even just rego and insurance and such, much less serious maintenance.
