Z4 Depreciation Prices

Bing said:
Exactly. What the new Z4 will have done is tempt previous e85/e86 owners to trade up

Unfortunately, for the M owners there was nothing to trade "up" to which is why I still have mine.
 
tomscott said:
The people who are looking at buying a Z at 6-8k would never buy one new... pretty much bottom of the BMW market. Im suprised BMW will stock a car with a value less than 7K, and generally would think it would be sold off straight away and not make it to the forecourt.

They may not buy new, but they may return to buy another, more expensive (ie. more profitable) used car in the future. If they can make money off a used 6-8k Z4, and gain a future customer, I think they'd be pretty pleased.
 
+1

BMW are giving great offers on new cars atm too. The new Z4 is a really nice package, better built and equipped with the discounts they are attractive and people do have the disposable income or they wouldn't sell any.

At 6-8K it is very bottom of the BMW market and BMW dont like to have old cars or old models on the forecourt. Doesn't mean the cars aren't fantastic but they are older and less desirable so more are around but the demand doesn't increase. It just people like us who have passion and will go really quite far to keep them in good nick. In the modern market if a car lasts 10 years before being scrapped its pretty lucky.

Would a <7K even make it to the forecourt? I would have thought it would be sold off to a 3rd party.
 
I also would think that BMW would sell or auction any zed they get as part x for a new model that's 2005 or older. Arguably I could see them shifting some 2006 models, ones with lower spec or high miles etc


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Sounds right. As a buyer, 6 yrs + and over 70k wouldn't be a good start with an AUC


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Losing only 2000 a year on a car sounds good to me.

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I tend to ignore the depreciation with cars, think you have to; expecially with z4s etc you have to accept it when you buy the car. Admittedly though one reason I went for the coupe is becuase it 'should' hold it's value slightly better :?

Regarding the dealership offer, I think as has been said the dealership is not going to give you the best offer or 'market price' anyway. They'll probably be selling it on themselves so it's really just hastle for them.

Key thing is what you're buying (ie how much you're spending) because how much margin they have will impact how much you can push them for more. When I was browsing 4 year old z4s at dealers genuinely looking to buy over the last month or so, most of them didn't hesitate to give me an extra £1k for a 5 year old Ford Focus if it'd get me to buy (in addition to knocking the price down) - and when I was looking at spending circa £24k on a lovely 2500k mile Dec 2011 model, I was amazed what theycould offer to get me to buy.

Mind you I do drive a hard bargain lol

My point is sure cars will depreciate, you can't change that... but you can change what you get back for it -dealers want to sell, push them.
 
Any dealer will only offer you bottom book for your car regardless of condition.It's what they do. If yours is a nice one, then sell it privately and get more for it.With a dealer, you pay for the convenience of the drive in drive out deal, and so you should. Last year I sold my wife's 56 plate Yaris for a grand more privately than the dealer was offering ( 3k vs 4k). It made a huge difference to us and you'd get somewhere between 1 and 2 k more selling privately as your car looks great. Going back into your dealership as no px buyer will enable you to haggle like a bastard to get the deal on the new car. :thumbsup:
 
It looks like I've stirred up quite a discussion here. Well I spoke to another BMW garage and they also said that I would be better off selling it privately. Looking at the car in all its glory, I've very tempted just to keep it and enjoy driving it. There is nothing wrong with it and it is in great condition.

My problem lies in the fact that I still want an M-Front Bumper but now I know the car is worth around the £6,500, spending £600+ on a bumper seems a bit silly?
 
Exactmax said:
My problem lies in the fact that I still want an M-Front Bumper but now I know the car is worth around the £6,500, spending £600+ on a bumper seems a bit silly?

If its a keeper i would say no, just do it :thumbsup:
 
ranski said:
Exactmax said:
My problem lies in the fact that I still want an M-Front Bumper but now I know the car is worth around the £6,500, spending £600+ on a bumper seems a bit silly?

If its a keeper i would say no, just do it :thumbsup:

There's one on eBay for about £260 at the moment... Depends how much you can get it sprayed for, and get the additional air ducts etc. for. But I agree with Ranski, if you're going to keep it, why not ?
 
tomscott said:
At the end of the day its heart over head with these things! Go for it :thumbsup:

Indeed we'd all be driving round in Volkswagens and Toyotas if we wanted resale.. these things eat money unless you're very lucky, fact of life. Spend on it what you want, to get what you want. Don't expect someone else to give you the money back though! :roll:
 
bigshurv said:
....."haggle like a bastard" ... :thumbsup:

Love it! :rofl:

And love the above various "impartial advice" to keep, :)
Ahem, let's face it, we are (mostly) all Z4 nerds on here, many of us suffering from moditis or stockaphobia, or both!

Er, I'd keep it! :rofl:

The most irritating thing for me personally, is losing all that money, then handing someone a virtually new car for peanuts, especially someone who won't look after it properly! The only way to get value is to keep it to the death, IMHO. My 2003 has just done 20K miles, nice discrete mods, hardly been out in the rain, and loaded with extras, but still worth b.gger all!
 
Maniac said:
tomscott said:
At the end of the day its heart over head with these things! Go for it :thumbsup:

Indeed we'd all be driving round in Volkswagens and Toyotas if we wanted resale.. these things eat money unless you're very lucky, fact of life. Spend on it what you want, to get what you want. Don't expect someone else to give you the money back though! :roll:

Wife's 2008 Toyota Auris, 6.5k 1 year ago, quoted 3k from dealer last wheel. :headbang: Point being, it's bloody anything at the moment. A 15 year old z4 will still look great if it's looked after. An Auris won't. My crisis ATM is wether to get a 2.0 z4 or a coupe, both extremes, my heart is telling me get the Coupe classic because you will keep it forever, or go with the head and get a 2.0 and sell it FFA in 4 years time.
 
I dont understand why people want to keep these things forever!? Doesn't matter what it is... dont you get used to it and crave more?? newer looks, more power, better toys, latest and greatest what ever it is... maybe its just me but I like choice and the feeling I want to try everything. I live life like its running out... do it now... think about it later who nos could be hit by a bus tomorrow.

Depreciation has always been the same... and will only get worse now that there are so many cars on the road compared to 20 years ago.. if you want to break even buy a classic... want to make money buy bricks.

I love my M but at the same time I want to own as much exotica as I can before taxation deems it head over heart which I have a feeling wont be far off. The fact that only one major supercar maker is putting v12s into new cars atm says it all, BMW reducing all the engine sizes and removing NA for forced induction. 90% of all supercar manufactures do not offer a manual gear box, autos reduces emissions and are quicker... but do we all want it... no. Same with electronic steering hydraulic is always better but increases emissions, so electronic gets the nod. We are basically pawns everything we want we have to pay for in some way... until they get us all driving hybrids.

How many people are willing to pay more than £465 a year to drive 3-6k a year and get 23mpg at £7 a gallon of super. Not many which is why these cars are cheap they are desperate to get rid.

But then again my argument is with the government. If i drive 6k a year in my M at £465 a year and a rep pays £100 for some diesel motorway cruiser doing 60k a year, who's polluting more and who's waring the roads out! Certainly not me. Its BS but then again its one way of getting tax out of stupid people! AKA me.

Rant over.
 
As Tom says the classics are the only real safe bets now in terms of depreciation, and maybe the seriously frugal little cute runarounds.

Im probably going to sell my car for a bag of magic beans and a pack of percy pigs even though its mint. Just the way it goes. :)
 
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