BaT Flipping Thread

Non-repair car talk
Bob
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Re: BaT Flipping Thread

Post by Bob »

Only one GM product in the list. Can you guess without clicking?

https://jalopnik.com/here-are-some-offe ... socialflow
kevm14
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Joined: Wed Oct 23, 2013 10:28 pm

Re: BaT Flipping Thread

Post by kevm14 »

Offensively expensive? V2 wagon?
kevm14
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Joined: Wed Oct 23, 2013 10:28 pm

Re: BaT Flipping Thread

Post by kevm14 »

I checked. I'm happy with that.

4,000 mile rare and very high performance for its day vehicle actually deserves to be sold for a lot. Unlike some kitschy Euro junk.
kevm14
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Joined: Wed Oct 23, 2013 10:28 pm

Re: BaT Flipping Thread

Post by kevm14 »

https://www.motortrend.com/news/1971-da ... 80F127DC66
A Datsun 240Z Just Sold For Six Figures, and Is No Cool Old Car Cheap Anymore?
Sure, this Nissan—er, Datsun—has low miles, but OK, Boomers, calm down!
The collector-car scene has been evolving for years now, with Gen X and millennial buyers' childhood hero cars more frequently bringing larger and larger sale prices as muscle cars and '60s classics trend downward, but this may be one of the loudest "OK, Boomer" moments to date in the vintage vehicle world. A completely stock, 21,000-mile 1971 Datsun 240Z has just sold for $310,000 on Bring a Trailer.

It's true that it would have been largely baby boomers buying the Z when it was new back in 1971, but it's the Gen X and Millennial crowd that gets credit for turning Japanese classics into the hot new thing, according to classic-car market analysts. The folks at Hagerty even classify the 1971 Datsun 240Z as part of its "Affordable Classic" price index. If this week's $310,000 sale isn't a total outlier, collector-car wonks may have to rethink their categories.
Under that long, sleek hood lies a 2.4-liter (hence the 240 in the name) inline six-cylinder rated for 150 horsepower at 5,600 rpm and 146 lb-ft of torque at 4,400 rpm when it was new. Recent maintenance done on the engine includes carburetor adjustments, a new fuel filter, re-gapped spark plugs, and an oil change. The distributor has been ditched for electronic ignition. A four-speed manual gearbox sends the power aft, while front discs and rear drums handle stopping duties.

Back in 1971, the 240Z's base price was $3,526, per the car's window sticker, and this one rang up at $3,757 ($25,500 in today's dollars) with delivery and various fees tacked on. That means this week's sale price represents an 82X (8,200 percent) growth in its dollar-for-dollar value since it was originally sold, or 12X with inflation factored in. Incredible.
These are orders of magnitude less likely to be found in the wild as survivors than almost any 90s or even 80s Japanese car you can point to as a Millennial-grade hero. So there's that.

I also find the 240Z to be much more significant to the industry since it was sort of the original mass-produced disrupter, embodying the original Japanese formula of light, efficient and adding a flair of personality to the whole product, at a time when muscle cars were only at the very, very beginning of slowing (before the 73 embargo).

And by the way, $25k inflation adjusted is not exactly cheap. Isn't that pretty much like a Toyota 86 car and providing similar levels of performance relative to the competition? The 240Z wasn't fast in its day and neither is the 86. But you could argue both were/are fast enough for fun driving.
Bob
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Joined: Thu Dec 19, 2013 7:36 am

Re: BaT Flipping Thread

Post by Bob »

https://greenville.craigslist.org/cto/d ... 54060.html

This is one of the better GS-Rs I have seen lately, but given the price and condition, it's probably not viable for BaT.
kevm14
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Joined: Wed Oct 23, 2013 10:28 pm

Re: BaT Flipping Thread

Post by kevm14 »

It's a driver. Nothing wrong with that.
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