Most of us know that our precious Z cars are climbing in value. Here is a good article from Hagerty on how all Z's are are increasing in value along with other Japanese makes.

https://www.hagerty.com/media/market-tr ... 83a6f751c3

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John Kish
1971 240Z - original owner

Good article, thanks John.

The graphs show these prices took a sharp left-hand turn and skyrocketed all at once just last year. A couple reasons for that might be:

(1) Some of these cars had not been imported to the USA when new, but now that they have reached 50+ years old, they are available for import. If everyone has always wanted one and now they're available, the demand overrides the supply and drives the prices up;

(2) The 240z turned 50 years old last year, making it a true classic car rather than a collectable or a curio. It even gained its own Concourse d'Elegance class which puts it firmly on the world market;

(3) The economical downturn following the 2020 "election" has inflated our actual dollar value at least for a couple years; and

(4) That incredible low-mile survivor 1970 240Z which sold for the price of a 3 bedroom house last year has impacted the sales prices of nearly every Japanese car, especially the Zs.

Owners of perfect Zs like yours John, will become more and more cautious and apprehensive as the replacement prices climb above $70,000. Those of us who bought and drove our Zs as 'kids' back in the day can no longer count on finding another one for $4,000 if we wreck ours. It's rather a pity, actually, that such great driving cars might now become garage queens which increase in value by $50-$100 each day. These were supposed to be drivers, not investments.

Our member Mike Englehart once bemoaned the fact that the early Zs were increasing in price each year. He said the best part of the 240Z was that the average blue-collar kid with a minimum wage 9-to-5 job could afford to buy one of these wonderful new cars and actually work on it himself. That generation of kids has gone grey today, and most roadworthy 240Zs are now falling into the $30,000 - $60,000 price range.

Even adjusting for inflation over 50 years, our Z cars are worth about 3 times what they sold for new. $3400 back in 1970 would be worth about $23,000 today, and many of our Z cars are worth $60,000+ now.

Frank T

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1970 240Z