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Is multiple owners an issue?

Specific discussion about the E89 2009 Z4 (sDrive35is, sDrive35i, sDrive30i, sDrive23i)
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Deepseaskateboard
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Is multiple owners an issue?

Post by Deepseaskateboard » Fri Aug 12, 2022 4:15 pm

Marcoose wrote: Fri Aug 12, 2022 3:23 pm
Deepseaskateboard wrote: Fri Aug 12, 2022 2:43 pm
Marcoose wrote: Fri Aug 12, 2022 2:24 pm All the DNA on those seats!
Not a lot of room in the Z4!

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Is multiple owners an issue?

Post by peeblezZ4 » Fri Aug 12, 2022 4:22 pm

Pondrew wrote: Fri Aug 12, 2022 12:35 pm I was really lucky finding mine. It has just one previous owner...Dutch fella name of Hertz Van Rental... :D
:rofl:
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'12 Space Grey 640i Auto SE Cab :? Sold March '24
'11 E89 Sapphire 35i auto M-Sport :heat: Sold August '23
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Is multiple owners an issue?

Post by Mr Tidy » Fri Aug 12, 2022 8:17 pm

High number of keepers seems to happen pretty often with 2 seater cars - either because they become impractical, they're just an itch that needed to be scratched, etc.

My 2nd 2006 Coupe had 5 previous keepers when I bought it in 2016 and my current 2006 one had 7 when I bought it in 2019.

Less is obviously better, but as others have said history and condition are way more important.

Edited to correct my typo! :roll:
Last edited by Mr Tidy on Fri Aug 12, 2022 8:59 pm, edited 1 time in total.
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Is multiple owners an issue?

Post by Chippie » Fri Aug 12, 2022 8:57 pm

Mr Tidy wrote: Fri Aug 12, 2022 8:17 pm My 2nd 2006 Coupe had 65 previous keepers when I bought it in 2016
That must be a typo :poke:
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Is multiple owners an issue?

Post by Silverstar » Sat Aug 13, 2022 12:59 am

With many years motor trade experience it was totally normal to see high performance and sport cars especially 2 seater convertibles with high number of owners and this does not affect the value of the vehicle at all (unless of course it has a really excessively high number), this is for reasons already mentioned by others here and more important is to check the condition of the car (which is a given on any older car anyway) and the service history. I too prefer to have lower number of owners and certainly look for that on any normal car but knowing what I know, I knew I couldn't apply that logic when looking for a Z4, if you do your choices become very limited as probably 95% of these cars will have many owners and you will be missing out on some perfectly good examples. If you have a Z4 with say 6 or 7 owners I doubt very much that you would be restricting your buyer pool by any great margin as most people are aware that these cars attract frequent change of owners.
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Is multiple owners an issue?

Post by 9designs » Sat Aug 13, 2022 8:57 pm

1 owner who gave up bothering after a few years , or multiple owners who all spent a bit on it and added a bit more TLC when they bought it. Like mileage you can't judge a vehicle on number of owners and miles driven, you need to judge the car in question and look at it's history and condition.
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Is multiple owners an issue?

Post by Pondrew » Sat Aug 13, 2022 10:55 pm

I think the "lots of owners" issue harps back to the old days a bit, and has kind of stuck (I'm as guilty as anyone).
If a car had lots of owners I think it was presumed to be a 'lemon', or a 'Friday afternoon' car. so it was a problem car which people passed on quickly before it cost them too much money. Not the case anymore IMO, but old habits die hard.

One problem we have is that it is now impossible to 'trace' the ownership of a vehicle, other than the paperwork included and the service history.

Try buying a 15 year old one owner Porsche 911. They are the poster-boys of multiple owners, for good reason. "I've always wanted a 911" so buy one then six months later have ticked it off the bucket list so pass it on. And it then continues.
All good things come to those who wait. I'm really impatient which explains a lot.

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Is multiple owners an issue?

Post by Marcoose » Sun Aug 14, 2022 12:25 am

Are you saying it’s hard to find a hot girlfriend who only had two boyfriends?
:rofl:
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Is multiple owners an issue?

Post by Scubaregs » Sun Aug 14, 2022 9:17 am

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Abstinence is fine, in moderation.

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Is multiple owners an issue?

Post by Zedebee » Sun Aug 14, 2022 10:04 am

12 previous owners and no service history. I must be the lucky 13th as it hasn’t let me down yet.
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Is multiple owners an issue?

Post by TaffDaddy » Sun Aug 14, 2022 8:55 pm

I'm in your camp Jellybaby38. I've been looking for a 3.0 and have discounted a few with a high number of owners. My thoughts are that if they only have it as a toy for a year or two they will have enjoyed it a little too much and then passed it on. Only my view, no experience

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Is multiple owners an issue?

Post by Jasonn » Mon Aug 15, 2022 12:14 am

I bought a two and a half year old MGZT with a "few owners" - originally a "static demo" vehicle (owner #1) bought by a regular customer as a gift for his wife (#2) he got very ill so she spent her time caring for him and never drove it, got better, then she died and it transferred to him (#3) he didn't want to drive it and sold it back to the dealer who was going to use it as a car for his salesmen (#4) but during this time MG went pop so the dealership changed over to Mazda and would let them use non-mazda vehicles - I saw the car and wanted to buy it on finance but didn't have ID (I was on holiday) but my wife had ID so bought it (#5) and I transferred it into my name (#6) it'd only done less than 600 miles so went for its first Mot with only around 3k on the clock.

If the history is OK don't sweat the numbers

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Is multiple owners an issue?

Post by 9designs » Mon Aug 15, 2022 3:56 pm

As it's the first owner that's most important, running in process, initial care and protection of the paint etc, the cars condition has somewhat been set, after that they all pretty much the same and judged by condition and history file. "A bird in the hand is worth two in the bush"
57 Plate 3.0 Si Auto SilverGrey - Red Leather
E89 35iS Space Grey - Red Leather. SOLD
56 Plate 3.0 SI Manual - Black with Red Leather- Scorpion exhaust, BC coil overs SOLD
54 Plate 3.0 SE Auto - Silver with Red Leather. SOLD

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