LeeZ4MR wrote: ↑Thu Nov 09, 2023 11:27 pm
True-Blue wrote: ↑Thu Nov 09, 2023 10:39 pm
pvr wrote: ↑Thu Nov 09, 2023 9:09 pm
So if I had kept my M which I sold with 23600 on it, I would have made a good investment
£28k…. I’d be amazed if anyone fronts up anywhere near that for it.
Asking prices are one thing.
I remember paying £14.5k for mine with 38k miles on it back in 2012. So basically they haven't lost any money in the intervening years, plus the really nice ones have appreciated too.
I'm beginning to wish that I'd held onto my old one now in fairness! All my 370Z Roadster has done since I bought it 4.5 years ago...is lose money!
This post isn’t aimed at you specifically LeeZ4MR, more a general observation
Why? …Because you miss it or because it’s held its money better than than the 370Z? Which do you prefer driving?
I think Mr Wilks has a point but, unless you’re a trader (or wannabe trader), It’s all relative.
If the second hand car market is in decline, the decline will affect ‘most’ cars, some worse than others of course.
So a fall in values may be of benefit if you want to move up in price terms. A 3.0 E85 will still decline, it’s just got less far to fall than a Z4M or Alpina so the % might be the same but the £’s less.
It’s all very well saying values may be a lot lower next year, and they might be - but who knows if they’re going be here tomorrow, let alone in 2024!
Unless you bought your Z4M etc as an investment (which is not a great idea), don’t rush out and sell it - just enjoy it. A case in point is the E86 3.0Si in the classifieds for £25k because it’s only done 16k miles - hasn’t been enjoyed, not worth anywhere near the asking price, never going to be an investment.
Alpina Roadster S Lux no. 204 (1 of 15 uk cars in Alpina Blue)
Previous Z4’s :E89 30i, E89 20i, E85 3.0Si (X4) E85 3.0i, E86 3.0 Si, E85 2.5si, E85 2.5i