Pete-r said:
I think the Z4MC market has good intentions of trying to prop up prices but the truth is they haven't become the classic they were touted to be.
Mike's car is a really nice example which I viewed Autumn 2018 but still has not sold. I don't think it's the car, it's the price, and the world in 2020 has destroyed the value of niche cars like these even more so.
Keep the faith OP I think you will get a good car for the budget, and as Gustavo said high miles and meticulously maintained is still a really good option - and red is such a good colour for a Z4MC!!!
Not sure what you mean by "Z4MC market has good intentions of trying to prop up prices"? But if someone thinks my car is with £x and I think it's worth £y it wouldn't be sold. The reality is and always will be; buyers want low prices, sellers want high prices and you are probably a buyer, hence your post.
I agree that Z4M's are probably not out and out classics yet but the last ever S54, full M Division car with a manual gearbox and low sales volumes point towards it becoming one someday.
No doubt the current state of the worlds economies will affect values of all cars until the recovery, you may find distressed sellers who have to sell at lower prices in the near future, I reckon the remainder of 2020 may throw up some bargains.
BTW, I see you are from my neck of the woods, once lock down is lifted I'm planning a mid-Wales run, if you'd like to come along and check out my Z4MC you're more than welcome.