BMW 3.2 Z4 M Roadster, 2006, Interlagos Blue - NOT ON SALE
- Thread starter jimbob
- Start date
ranski said:BMWZ4MC said:Definitely the right decision
+1
Agreed, you might as well put it in storage, BMW aren't making any more straight 6 NA engines, it'll be worth more than 10k in 10 years. Give it to the kid as an 18th birthday present, you'll be the best dad in the world.
Glad you're keeping the ///M 
However as a footnote regardless of what people say the price you can get is the value of the car. It may go up or down if you wait longer, but the current economy, tax bracket, running costs, etc.. are driving down the price of these cars. personally I see them going nowhere but down for the next few years.
However as a footnote regardless of what people say the price you can get is the value of the car. It may go up or down if you wait longer, but the current economy, tax bracket, running costs, etc.. are driving down the price of these cars. personally I see them going nowhere but down for the next few years.
I have to say, I agree with CJ. This is the value of the car, in my opinion.
There are two reasons the market for Z4Ms has stagnated. Owners are keeping hold of their cars, creating faux 'demand', and those selling up are putting their cars up for incredibly high prices. You'll see the same cars, week after week, sat on PistonHeads. There is one Z4MC which has been on PH for months on end with one dealer (BHP).
Of course owners will want to defend the value of their car. You'd be stupid not to; but the current market doesn't help those people who genuinely want to sell, because a car is deemed 'too cheap'.
Of course, that's just my opinion.
There are two reasons the market for Z4Ms has stagnated. Owners are keeping hold of their cars, creating faux 'demand', and those selling up are putting their cars up for incredibly high prices. You'll see the same cars, week after week, sat on PistonHeads. There is one Z4MC which has been on PH for months on end with one dealer (BHP).
Of course owners will want to defend the value of their car. You'd be stupid not to; but the current market doesn't help those people who genuinely want to sell, because a car is deemed 'too cheap'.
Of course, that's just my opinion.
There's the dilemna.
Aside the odd real high end 'special' example that collectors/enthusiasts may seek, most owners think their cars are worth more than buyers are prepared to pay. If you want to sell it then the price is what the buyer (if you can find one) will pay, nothing more.
Same applies to me. I'd like to think my Zed given all the work is worth £8k+, but buyers would probably value them all towards the £5-£6k, differentiating only on the extras for preference over another, not increase in price.
Happily since I have no intention of selling I can believe it's worth £10k
Aside the odd real high end 'special' example that collectors/enthusiasts may seek, most owners think their cars are worth more than buyers are prepared to pay. If you want to sell it then the price is what the buyer (if you can find one) will pay, nothing more.
Same applies to me. I'd like to think my Zed given all the work is worth £8k+, but buyers would probably value them all towards the £5-£6k, differentiating only on the extras for preference over another, not increase in price.
Happily since I have no intention of selling I can believe it's worth £10k
Merrsh1 said:IK. said:Of course owners will want to defend the value of their car. You'd be stupid not to; but the current market doesn't help those people who genuinely want to sell, because a car is deemed 'too cheap'.
Of course sellers who got rid of their car for less than its worth will be full of sour grapes
True, but then I didnt sell for less that its full worth so that wont apply here
Merrsh1 said:
Dont think I havent considered pushing the boundaries of my opinion!
cj10jeeper said:There's the dilemna.
Aside the odd real high end 'special example that collectors/enthusiasts may seek most owners think their cars are worth more than buyers are prepared to pay. If you want to sell it then the price is what the buyer (if you can find one) will pay, nothing more.
Same applies to me. I'd like to think my Zed given all the work is worth £8k+, but buyers would probably value them all towards the £5-£6k, differentiating only on the extras for preference over another, not increase in price.
Happily since I have no intention of selling I can beleive it's worth £10k
But your car may well be worth 8k.
Just because some gypsy turns up trying to shave off money for this and that doesn't mean its worth less. Low owners, low miles and top condition will always get a premium. Unless you want to buy some turbo driven cack where else are you going to get anything like the engine in the e85 or e86?
Maybe they could get your car for 5k, by the time they've spent the cash to get it up to the standard yours is at they'll probably have spent thousands anyway.
It would almost be worth putting mine up for sale for the joy of telling one of these clowns to feck off in person!
Reading some of these posts is like looking at rightmove post 2008, with people not budging on their house prices and not acknowledging the recession and the ever changing world
Anyway... Like most of you I often look over autotrader, eBay and pistonheads to see what's on offer
What is on offer in the 3.0 and M market is the same cars that were on offer 2, 3, in some cases 6 months ago
The fact of the matter is that you may like to think you know the premium for your car (this includes 2.5 and 3.0) but buyers aren't there, or they are but want it cheaper
The proof is in the detail and from what I have noted is that big engine cars are only selling to a ever decreasing pool of potential (enthusiast) buyers
Surely the pool isn't big enough to sustain your 'premium' price?
Or is plan B not to drive it and keep it locked up to keep the mileage down?
Anyway... Like most of you I often look over autotrader, eBay and pistonheads to see what's on offer
What is on offer in the 3.0 and M market is the same cars that were on offer 2, 3, in some cases 6 months ago
The fact of the matter is that you may like to think you know the premium for your car (this includes 2.5 and 3.0) but buyers aren't there, or they are but want it cheaper
The proof is in the detail and from what I have noted is that big engine cars are only selling to a ever decreasing pool of potential (enthusiast) buyers
Surely the pool isn't big enough to sustain your 'premium' price?
Or is plan B not to drive it and keep it locked up to keep the mileage down?
In terms of whether it should be priced lower or higher than the £10k I had it up for, I'm of the opinion that it's only worth what someone is prepared to pay for it.
Personally it was too low for me more so because of the money I've spent on getting it to the condition I'm happy with. I've put £4k in to this motor in 3 months so that was the bitter pill I was swallowing. Then if you think about how much I paid for it 3 months ago, I'd be losing a lot of money. My fault....I should of not bought the car with discs and tyres that needed replacing as well as an immediate service that needed doing. Or at least got a healthy discount off the motor.
For me my plan is to not lock it away in a garage to keep the mileage down....my plan is to get every last bit of enjoyment out of it I can....I'm gonna RAG IT
Personally it was too low for me more so because of the money I've spent on getting it to the condition I'm happy with. I've put £4k in to this motor in 3 months so that was the bitter pill I was swallowing. Then if you think about how much I paid for it 3 months ago, I'd be losing a lot of money. My fault....I should of not bought the car with discs and tyres that needed replacing as well as an immediate service that needed doing. Or at least got a healthy discount off the motor.
For me my plan is to not lock it away in a garage to keep the mileage down....my plan is to get every last bit of enjoyment out of it I can....I'm gonna RAG IT
ranski said:
An ever decreasing pool of something desirable pushes prices up. Cars aren't houses, houses are expensive because arseholes borrowed more than they could afford. I couldn't give a monkeys how much these cars sell for as mines not for sale.
It gets on my nerves to have the usual suspects bleating about prices being too high or unrealistic. If you don't like the price then don't pay it and let the market decide, or alternatively piss off and buy a diesel.
1066 Country
Merrsh1 said:ranski said:
An ever decreasing pool of something desirable pushes prices up. Cars aren't houses, houses are expensive because arseholes borrowed more than they could afford. I couldn't give a monkeys how much these cars sell for as mines not for sale.
It gets on my nerves to have the usual suspects bleating about prices being too high or unrealistic. If you don't like the price then don't pay it and let the market decide, or alternatively piss off and buy a diesel.
Spot on and the good cars do sell, like mine to me and the red roadster to the chap on here and popey all top spec low mileage well looked after cars at the £16k price point. Its the s**t that gets re advertised month in month out, I saw enough of them when I was looking with the same strap line - immaculate car wants for nothing. When in fact they are shitters needing £2k+ throwing at them.