A Datsun 240Z should be your next classic car
Sadly, many of these first-generation 240Zs succumbed to neglect, rust, and the dreaded Small Block Chevy motor conversion. Thus, they ended up junked, crushed, or wrapped around trees. Fortunately, the cars that remain are often the ones that were well cared for. And they're finally beginning to get the attention they deserve, rising in value, like their contemporary competitors from Germany, England and Italy. But, like their design and engineering, this augmentation is arriving on a sort of 7/10 scale.
According to our friends at Hagerty, respected authorities in classic car valuation, pristine "Condition #1" examples of the 1970-1973 Z cars have appreciated by more than 50 percent over the past five years, ascending in price from about $33,000 to nearly $55,000. But less perfect "Condition #2" and "Condition #3" cars have not followed the outrageous path of the 911 and E-Type, and remain far more affordable. C2 cars have gone from $24,000 to $34,000, while C3 Zs have climbed from $15,400 to $17,000.
It's always best to buy the best car you can afford. But in this case, we'd probably settle for a really nice driver in slightly better than average condition and use it as much as possible in nice weather. Down the line, we might do a sympathetic restoration, as parts and support are readily available.
(AutoBlog.com)
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