M market watch

[original guvnor]

I fear for the seller that they are well beyond the value curve

Mine’s going up soon Paul. Trying to price these is quite tricky. There’s so few low mileage ones for sale.

[pvr]

I fear for the seller that they are well beyond the value curve

Mine’s going up soon Paul. Trying to price these is quite tricky. There’s so few low mileage ones for sale.

The special ones will always sell. It is those in the higher mileage ranges with sky high price tags that are struggling.

What is your mileage now? Ashame it isn’t a roadster

[original guvnor]

I fear for the seller that they are well beyond the value curve

Mine’s going up soon Paul. Trying to price these is quite tricky. There’s so few low mileage ones for sale.

The special ones will always sell. It is those in the higher mileage ranges with sky high price tags that are struggling.

What is your mileage now? Ashame it isn’t a roadster

Haha. A fraction under 47,000.

[pvr]

47 with a great colour combo will be absolutely fine, I would quite happily go for that. When an M gets to 70k, I shy away.

Mine just ticked over on 18

[original guvnor]

47 with a great colour combo will be absolutely fine, I would quite happily go for that. When an M gets to 70k, I shy away

Mine just ticked over on 18

- which one of your stable…the 3.0si Zed?!

[Mr Tidy]

pvr wrote: ↑Wed Mar 13, 2024 10:41 pm
47 with a great colour combo will be absolutely fine, I would quite happily go for that. When an M gets to 70k, I shy away

Mine just ticked over on 18
- which one of your stable…the rusty 3.0si Zed?!

FTFY!

Just curious to know why you shy away from Ms after 70K pvr?

Not least because I bought mine on 76K and it's done 90K now, but still running great after new bearing shells at 78K.

[john-e89]

Because the P stands for Pussy….

[pvr]

pvr wrote: ↑Wed Mar 13, 2024 10:41 pm
47 with a great colour combo will be absolutely fine, I would quite happily go for that. When an M gets to 70k, I shy away

Mine just ticked over on 18
- which one of your stable…the rusty 3.0si Zed?!

FTFY!

Just curious to know why you shy away from Ms after 70K pvr?

Not least because I bought mine on 76K and it's done 90K now, but still running great after new bearing shells at 78K.

Long history really with lots of probably not correct info being passed by the dealers. When buying one of my 7 series, they had a M5 Touring coming in (used), and it was straight a case of - "we can't sell that one, has to go to the trade as it has over 70k miles" with the implication that running that would require a mortgage. Even when buying my Z4M new, it was a case of "don't put too many miles on it as we won't be able to take it in part exchange".

Buyng my Mc Z4 has also been a bit of an expensive venture in the high miles zones, with having spent more on repairs than on the car itself and that is the "cheap" version to work with, so getting an M of more than double the value with those sort of miles, and then spend the same again as probably everything most likely needs doing, including the M tax on top - I would rather buy a sub 70k miles car with the mileage I do with it. The other stipulation would be that I would only buy a garaged, non coastal car.

[j3nks79]

Buying a car and not putting miles on because the dealer won’t want in px is ridiculous.
You are only keeping the miles low for the next owner.
I buy cars to drive and enjoy. And I want to drive them at every chance I get. That’s what they are made for.
I worked at Main Dealers for 15 years and the amount bollocks the sales people tell customers is laughable.

I run a garage and MOT station now and guess lucky to be able to maintain and fix my own cars.
But servicing and maintenance items are still very affordable to the public if they don’t go to the Dealer and pay over the top for everything.

[Phoenixboy]

Buying a car and not putting miles on because the dealer won’t want in px is ridiculous.
You are only keeping the miles low for the next owner.
I buy cars to drive and enjoy. And I want to drive them at every chance I get. That’s what they are made for.
I worked at Main Dealers for 15 years and the amount bollocks the sales people tell customers is laughable.

I run a garage and MOT station now and guess lucky to be able to maintain and fix my own cars.
But servicing and maintenance items are still very affordable to the public if they don’t go to the Dealer and pay over the top for everything.

i am always amazed at the amount of friends i know with really nice cars, that just wont go far in them, for fear of putting miles on them.
i dont currently run a Z, but my Golf R is used at every opportunity, and its there to enjoy.

[buzyg]

pvr wrote: ↑Wed Mar 13, 2024 10:41 pm
47 with a great colour combo will be absolutely fine, I would quite happily go for that. When an M gets to 70k, I shy away

Mine just ticked over on 18
- which one of your stable…the rusty 3.0si Zed?!

FTFY!

Just curious to know why you shy away from Ms after 70K pvr?

Not least because I bought mine on 76K and it's done 90K now, but still running great after new bearing shells at 78K.

Long history really with lots of probably not correct info being passed by the dealers. When buying one of my 7 series, they had a M5 Touring coming in (used), and it was straight a case of - "we can't sell that one, has to go to the trade as it has over 70k miles" with the implication that running that would require a mortgage. Even when buying my Z4M new, it was a case of "don't put too many miles on it as we won't be able to take it in part exchange".

Buyng my Mc Z4 has also been a bit of an expensive venture in the high miles zones, with having spent more on repairs than on the car itself and that is the "cheap" version to work with, so getting an M of more than double the value with those sort of miles, and then spend the same again as probably everything most likely needs doing, including the M tax on top - I would rather buy a sub 70k miles car with the mileage I do with it. The other stipulation would be that I would only buy a garaged, non coastal car.

Have to agree. The engine will last well over 100k with decent maintenance, but you don't know, so need to spend for peace of mind as soon as you buy at 70k plus. Plus the suspension is likely to be in need of a good overhaul too. But it's the ///M tax that is really putting me off buying another and why, I think they are still relatively cheap to buy.

[plenty]

I have a track record of buying high milers in good condition, as I like a good deal and I don't like tying up capital in cars unnecessarily. My Z4M had 115k on it when I bought it, and hasn't thrown up any big bills after 10k miles added and two years. In fact everything I've done to it would have also done on a 40k miles car, like replace the suspension and bushes.

Having said that, I also understand why it's an economically rational decision to buy low-milers. My car will be hard to sell when I eventually let it go. A car with 60k miles in the exact same condition will have a much larger audience.

It can often be more sensible in the long term to go with low milers because although you pay more to buy them, you're more more likely to recoup that money later. In fact, the low-mileage cars I have owned all sold for more than I paid for them.

[john-e89]

Whilst the road tax is obvs ridiculous I still don’t get why it’s a reason not to buy an M. Folk will go away for a nice weekend somewhere that costs the same but yet balk at spending it to drive one all year round…or 6 months for half the tax. That’s one single weekend that’s paid for a years tax.

[pvr]

Road tax would never be a reason, for my X5M I paid a huge amount with first year tax and increased annual tax, for it now to fall strangely to £110 a year.

Road tax, insurance etc are all known quantities. Buying a high miler cheaper could be extreme false economy as you end up spending more on the car than a low mileage one which is then also not tired.

[thecremeegg]

My logic was I'd rather get a £10k high-miler that might need £1-2k spent on it, vs paying £15k+ on a car with lower mileage that may then also need just as much spending on it. If anything, the high-miler has probably had the money spent on the bits that wear out vs a car on 60-70k that is going to need stuff replacing imminently.