Post by
DCaff300ZX »
https://forums.nicoclub.com/dcaff300zx-u136230.html
Sat Aug 13, 2016 1:28 pm
Just to cap this off, all above is true and this just doesn't make any sense as the Z32 convertible just isn't all that much in demand like a TT, and certainly not for the prices mentioned...we have -100k mile verts sitting for months around here (Washington State) on craigslist for $7-9k because they aren't worth more than $4-5k like any other NA that it is, even if overall condition is always 8+ of 10.
Any resto shop will be looking for $10K+ for anything other than simple work that most anyone could DIY themselves most likely, with the result a still a 130K car if in now excellent condition perhaps...but still in the $5-6k price range to sell in any reasonable time, and certainly never going to recoup the resto price much less any buying price.
As an example, my Z specialist's head mechanic just sold a '92 TT'd 2+2 (4-5 year project) with a ton of special jdm parts and brand new interior, rebuilt/upgraded engine and top end complete setup for about $17k, and this was a really, REALLY nice car definitely in the top 1% of cars you might be able to purchase. NO WAY you get anywhere close to that with a 130k mile vert under any circumstances...