Just when you thought Datsun 240Zs were getting expensive, a buyer in Japan has raised the bar to a whole new level.
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A buyer in Japan has paid a record AUD$1.17 million for a rare 1970s Datsun.

The hammer went down on the 1970 Nissan Fairlady Z432R in Tokyo last weekend and the selling price made it one of the most expensive Japanese cars ever sold.

Known as the Nissan Fairlady Z in Japan, and Datsun 240Z in other markets including Australia, the Z432R is the one that gets Japanese classic car enthusiasts hearts racing.

With only 30 to 50 estimated to have been produced, it makes it even rarer than the 420-run production of the Fairlady Z432.

Both variants were powered by the same 118kW/177Nm Nissan GT-R S20 inline six-cylinder engine; the first GT-R engine made.

But, what sets the Z432R apart? It was built for racing, hence the ‘R’ in its name. It featured thinner body panels, a fibreglass bonnet, and acrylic side and rear windows, helping to reduce its weight by 100-kilograms, making its total weight around 970kg. It also had a 100-litre fuel tank installed for endurance racing, which was 40L more than the standard car.

BH Auction doesn’t stipulate if the car, with chassis number PS30-00289, is in original condition or has been restored, but with its odometer reading 98,040 kilometres, you could assume it’s been kept in its original pristine condition.

At that same auction, the Z432R outsold a 2006 Porsche Carrera GT at over AUD$723,547, and a 1963 Ferrari 250GTE 2 + 2 Series 3 for AUD$593,300.

One of the most desirable Japanese cars, the gorgeous Toyota 2000GT, now has some competition; the last 2000GT that was auctioned was a prototype in September last year and sold for AUD$1.19 million.