no sale on BAT lately!

[Ont240]

watching the 71 that has 20 minutes to go . Currently at $105,000
SOLD for $129240 pwest. Jan.20,2022 at 1:45pm PT

[grannyknot]

I also think the market is a matter of timing combined with probably fewer buyers. The 510 granny knot restomodded and sold there sold for less than a poorly resprayed green one from Ottawa. I felt like the green one wasn't even in the same league as the one he had listed. Both solid cars, but his was way better done.

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Thanks Luke, that's nice to hear. I was okay with the price, I just wanted to make my materials cost back. It was a fun project.

[CustomZRoadster]

Good to login and watch these and as you were saying its a matter of timing. We are always going to be at a financial disadvantage as long as our exchange rate penalty remains where it is and it looks like that won't change anytime soon. The same cars sometime end up on BAT i've noticed up to 3 or more times just so sellers can make their profit.
A few years back this auction site was a good source and a predictor for what was to come but now I would take the info as what is 'going on now' rather than an indication of what is to happen... Still good to watch. Look at the graphs as well to get a sense of what transactions took placed.

[FieroLuke]

I think BAT got too comfortable agreeing to high reserves in order to attract sellers. I looked at that car, and like someone said, 98k for an undocumented 13k miles....take it and run. I imagine the seller and high bidder came to an agreement afterwards. I'm shocked how high that car ended for being a series 2 etc.

I expect this series one will do well, the restoration looks beautiful:

https://bringatrailer.com/listing/1971-datsun-240z-209/

I also think the market is a matter of timing combined with probably fewer buyers. The 510 granny knot restomodded and sold there sold for less than a poorly resprayed green one from Ottawa. I felt like the green one wasn't even in the same league as the one he had listed. Both solid cars, but his was way better done.

One thing that isn't slowing down is parts sales, I've missed out on quite a few parts even though I replied within hours (Kijiji) some of the stuff when it's priced well is selling like hotcakes.

[colinc]

This one was bid up to 98K and did not meet the reserve. There have been previous examples of similar quality that sold north of 100K. I guess things are softening.

I think I would have taken the 98K

[CustomZRoadster]

Have you ever seen the prices on here for 4th Generation Toyota Supras on Bring-A-Trailer ? Anyone remember what a Twin Turbo Automatic sold for in 1993 ?

[CustomZRoadster]

Hagerty articles sums up even though I thought the 911 buyers and Z owners are quite different.


Is the Nissan Z the next 911? | Hagerty Insider

[CustomZRoadster]

I follow a number of makes on Bring-a-trailer. Several factors are driving up pricing but for certain models are very popular right now with millennial buyers. S30 and S130 models if they are restored or in almost perfect condition are bringing the highest bidders for a few years now. Next are Z32 twin turbos. The upward trend with Z32s will continue. Next will be the Z33 anniversary and Nismo editions. Ultra low mileage Z33 and convertible models are next but haven't quite got there yet. Also look for late 1980s Toyota 4wd Trucks and Original Pathfinders. They will be next. You can forget about that Mark IV Toyota Supra. I wanted an automatic but it seems as if they are out of reach of the average collector. The Japanese 4WD truck market is the next big segment, We all want to look like Marty McFly in our Tacomas/4Runners.

[flyzlo]

Interesting question. I hadn’t thought about inflation making an impact. It will be interesting to see what the overall pricing is like at Barnett-Jackson at the end of the month.

[Six_Shooter]

Has the same thing happened with any other car models?

I'm wondering when the inflation we've seen over the past two years is going to catch up and cause people to refrain from buying the luxuries, including cars.

[grannyknot]

I've noticed the same thing, the market has gone soft a bit. You might be right about market saturation, BaT always seems to have at least 2 on deck on any given week.

[flyzlo]

I'm not sure if you have been following the listings of Datsun Z's on Bring a Trailer lately. As far as I can find, a Zed has not met reserve for over a month. Some of these cars will have sold to bidders after it came off BAT but it looks like the Datsun is not maintaining a reasonable price. Most of these cars looked great and there was lots of interest and strong bidding but in the end they did not sell. Keep in mind this is just an observation about one source. Maybe it's just BAT that this is happening on.
What do you think Guys? Has the ceiling been reached? Are they now being over priced and out of reach for the buying public? Has there been too many listed saturating the market place? Does everyone that wants a good one already made a purchase?
Does anybody have any thoughts on this? Send in some comments