For Sale 2009 Z4 3.0i sDrive manual £7800

Beerman said:
Z450 said:
It’s all good suggesting what Cap says a car is valued at and WBAC auto trader etc but they are guides and that is all they are. I have not seen a private sale manual Z4 E89 with 55,000 miles sell for £6000. The previous op may have struggled due to being in Scotland not everyone wants to travel for a car.

There has been numerous low spec 30i up for very reasonable money. Quite a few dipping into the £6000 range. This car was advertised at £7800 and couldn't sell.

Some people aren't willing to travel. However, people in Scotland buy cars too. I've bought most of my cars from England as there is no suitable availability up here. If you're wanting something specific like a BMW Z4 3.0 you have to travel. It's not a Ford Fiesta where there will be numerous cars local. The car was in Glasgow which is a very easy city to travel to.

The reason it didn't sell was because it's an undesirable spec other than the engine and the price was already too high for it.

CAP is one of the most respected valuation tools. I'm lost that so many people choose to ignore their valuations when the car industry, insurance companies, and the insurance ombudsman, will use CAP for finding a realistic valuation.

When ALL valuation guides and tools are giving similar valuations, where are some people finding these high valuations?

People are complaining the car market is dead and they can't sell their car. They complain that dealers and car services are offering terrible money for their car. They aren't. They are offering what is deemed the market value and too many owners have unrealistic estimations what their car it worth.

Any car priced correctly sells.

Where are these numerous 3.0 z4 dipping into 6k?
A city like glasgow maybe straight forward to get to but not everyone has that time to want to do that.

Cap valuations have more value to say your every day car, not so much with Z4s.

You keep mentioning the spec, not everyone is bothered about the options on a car. Some people are some are not. It feels looking at some of your posts that you are devaluing peoples cars by giving out cap figures or criticising the spec. You did it with the original seller and are now doing it with the retailer.

You may not agree with the retailers value, but they are a business with over heads like rent, advertising and that’s before the government takes it slice in VAT and corporation tax
 
Z450 said:
Beerman said:
Z450 said:
It’s all good suggesting what Cap says a car is valued at and WBAC auto trader etc but they are guides and that is all they are. I have not seen a private sale manual Z4 E89 with 55,000 miles sell for £6000. The previous op may have struggled due to being in Scotland not everyone wants to travel for a car.

There has been numerous low spec 30i up for very reasonable money. Quite a few dipping into the £6000 range. This car was advertised at £7800 and couldn't sell.

Some people aren't willing to travel. However, people in Scotland buy cars too. I've bought most of my cars from England as there is no suitable availability up here. If you're wanting something specific like a BMW Z4 3.0 you have to travel. It's not a Ford Fiesta where there will be numerous cars local. The car was in Glasgow which is a very easy city to travel to.

The reason it didn't sell was because it's an undesirable spec other than the engine and the price was already too high for it.

CAP is one of the most respected valuation tools. I'm lost that so many people choose to ignore their valuations when the car industry, insurance companies, and the insurance ombudsman, will use CAP for finding a realistic valuation.

When ALL valuation guides and tools are giving similar valuations, where are some people finding these high valuations?

People are complaining the car market is dead and they can't sell their car. They complain that dealers and car services are offering terrible money for their car. They aren't. They are offering what is deemed the market value and too many owners have unrealistic estimations what their car it worth.

Any car priced correctly sells.

Where are these numerous 3.0 z4 dipping into 6k?
A city like glasgow maybe straight forward to get to but not everyone has that time to want to do that.

Cap valuations have more value to say your every day car, not so much with Z4s.

You keep mentioning the spec, not everyone is bothered about the options on a car. Some people are some are not. It feels looking at some of your posts that you are devaluing peoples cars by giving out cap figures or criticising the spec. You did it with the original seller and are now doing it with the retailer.

You may not agree with the retailers value, but they are a business with over heads like rent, advertising and that’s before the government takes it slice in VAT and corporation tax

Watch eBay and AutoTrader. They come up. This car was £7800 and on sale for a very long time. I'm sure the seller would have accepted an offer. It wouldn't surprise me if Zach got it less than the advertised price.

Glasgow has one of the highest populations in the UK. It's in the central belt of Scotland where around 70% of the population live. It's not the remote outback. It's major city with lots of potential customers and very good transport links. The location isn't an issue like you're making on.

Not everyone is bothered about spec, but most people are. A lot of people won't buy a Z4 if it's not an M Sport, doesn't have heated seats, doesn't have sat nav. A lot of owners see these as required options. Not having them drastically cuts down the market desirability. It's not a case of devaluating a car, it's offering a fair opinion. It's the very same for every other BMW I'm aware of.

What makes you think industry leading experts like CAP, AutoTrader, WBAC, insurance companies etc, can't value a Z4, but you can? What knowledge do you have that they don't?

I don't know why you are so defensive and touchy on the subject.
 
Beerman said:
Watch eBay and AutoTrader. They come up. This car was £7800 and on sale for a very long time. I'm sure the seller would have accepted an offer. It wouldn't surprise me if Zach got it less than the advertised price.

Glasgow has one of the highest populations in the UK. It's in the central belt of Scotland where around 70% of the population live. It's not the remote outback. It's major city with lots of potential customers and very good transport links. The location isn't an issue like you're making on.

Not everyone is bothered about spec, but most people are. A lot of people won't buy a Z4 if it's not an M Sport, doesn't have heated seats, doesn't have sat nav. A lot of owners see these as required options. Not having them drastically cuts down the market desirability. It's not a case of devaluating a car, it's offering a fair opinion. It's the very same for every other BMW I'm aware of.

What makes you think industry leading experts like CAP, AutoTrader, WBAC, insurance companies etc, can't value a Z4, but you can? What knowledge do you have that they don't?

I don't know why you are so defensive and touchy on the subject.

I tend to agree with mot of this.

The only thing I might add is that - in my view - the value is the price you get after a reasonably period of marketing. Assuming a reasonably stable market... if you list a car for £7,800 and the best offer you get in the first 2 months is £7k, and you sell it 9 months later for £7,800 then in my view the value is £7,000 and you were lucky that someone came along who really wanted the colour, or lived around the corner and couldn't be bothered to travel for a better value car or something. If you are trying to get £7,800 for ages then, unless you've been turning down people offering £7,600 and £7,700, you can almost bet your life the value is a fair bit below £7,800. Price and value are not always the same.
 
Beerman said:
Z450 said:
Beerman said:
There has been numerous low spec 30i up for very reasonable money. Quite a few dipping into the £6000 range. This car was advertised at £7800 and couldn't sell.

Some people aren't willing to travel. However, people in Scotland buy cars too. I've bought most of my cars from England as there is no suitable availability up here. If you're wanting something specific like a BMW Z4 3.0 you have to travel. It's not a Ford Fiesta where there will be numerous cars local. The car was in Glasgow which is a very easy city to travel to.

The reason it didn't sell was because it's an undesirable spec other than the engine and the price was already too high for it.

CAP is one of the most respected valuation tools. I'm lost that so many people choose to ignore their valuations when the car industry, insurance companies, and the insurance ombudsman, will use CAP for finding a realistic valuation.

When ALL valuation guides and tools are giving similar valuations, where are some people finding these high valuations?

People are complaining the car market is dead and they can't sell their car. They complain that dealers and car services are offering terrible money for their car. They aren't. They are offering what is deemed the market value and too many owners have unrealistic estimations what their car it worth.

Any car priced correctly sells.

Where are these numerous 3.0 z4 dipping into 6k?
A city like glasgow maybe straight forward to get to but not everyone has that time to want to do that.

Cap valuations have more value to say your every day car, not so much with Z4s.

You keep mentioning the spec, not everyone is bothered about the options on a car. Some people are some are not. It feels looking at some of your posts that you are devaluing peoples cars by giving out cap figures or criticising the spec. You did it with the original seller and are now doing it with the retailer.

You may not agree with the retailers value, but they are a business with over heads like rent, advertising and that’s before the government takes it slice in VAT and corporation tax

Watch eBay and AutoTrader. They come up. This car was £7800 and on sale for a very long time. I'm sure the seller would have accepted an offer. It wouldn't surprise me if Zach got it less than the advertised price.

Glasgow has one of the highest populations in the UK. It's in the central belt of Scotland where around 70% of the population live. It's not the remote outback. It's major city with lots of potential customers and very good transport links. The location isn't an issue like you're making on.

Not everyone is bothered about spec, but most people are. A lot of people won't buy a Z4 if it's not an M Sport, doesn't have heated seats, doesn't have sat nav. A lot of owners see these as required options. Not having them drastically cuts down the market desirability. It's not a case of devaluating a car, it's offering a fair opinion. It's the very same for every other BMW I'm aware of.

What makes you think industry leading experts like CAP, AutoTrader, WBAC, insurance companies etc, can't value a Z4, but you can? What knowledge do you have that they don't?

I don't know why you are so defensive and touchy on the subject.

I follow Z4s on auto trader eBay etc and cannot recall seeing any with sub 60,000 miles dipping into £6000.

For some people the distance would be an issue. I have seen many posts on this forum where new buyers looking for Z4s want one ideally local, as I said not everyone wants to travel a distance for a car.

Auto trader and Cap are more useful towards your everyday car. Z4s are more of an enthusiast cast. The reason I don’t agree with the valuations is I have seen the values of some Z4s by these as so low compared to what they sell for. There was an 80,000 miler E85 on here being advertised around £8200. No cap figures probably would have trade around £2500, a private sale around £4ish. My point is the guide is not always accurate.

Sorry if it comes across as defensive I just do not agree with some of your points.
 
When buying a car is it just about getting the best value you possibly can at the time? Even if that is the case 6 months later values have changed. Surely its about looking at the bigger picture and not going in blind. If you find a 'bargain' brilliant, but if you see a car that ticks your boxes then you pay what YOU think its worth to YOU? Knowing that it will devalue anyway?
 
At the end of the day the market dictates the price and if a car/bike etc is not selling it is because it is priced too high.

It really is that simple.
 
Bombur said:
When buying a car is it just about getting the best value you possibly at the time? Even if that is the case 6 months later values have changed. Surely its about looking at the bigger picture and not going in blind. If you find a 'bargain' brilliant, but if you see a car that ticks your boxes then you pay what YOU think its worth to YOU? Knowing that it will devalue anyway?

Very good point
 
Z450 said:
Beerman said:
Z450 said:
Where are these numerous 3.0 z4 dipping into 6k?
A city like glasgow maybe straight forward to get to but not everyone has that time to want to do that.

Cap valuations have more value to say your every day car, not so much with Z4s.

You keep mentioning the spec, not everyone is bothered about the options on a car. Some people are some are not. It feels looking at some of your posts that you are devaluing peoples cars by giving out cap figures or criticising the spec. You did it with the original seller and are now doing it with the retailer.

You may not agree with the retailers value, but they are a business with over heads like rent, advertising and that’s before the government takes it slice in VAT and corporation tax

Watch eBay and AutoTrader. They come up. This car was £7800 and on sale for a very long time. I'm sure the seller would have accepted an offer. It wouldn't surprise me if Zach got it less than the advertised price.

Glasgow has one of the highest populations in the UK. It's in the central belt of Scotland where around 70% of the population live. It's not the remote outback. It's major city with lots of potential customers and very good transport links. The location isn't an issue like you're making on.

Not everyone is bothered about spec, but most people are. A lot of people won't buy a Z4 if it's not an M Sport, doesn't have heated seats, doesn't have sat nav. A lot of owners see these as required options. Not having them drastically cuts down the market desirability. It's not a case of devaluating a car, it's offering a fair opinion. It's the very same for every other BMW I'm aware of.

What makes you think industry leading experts like CAP, AutoTrader, WBAC, insurance companies etc, can't value a Z4, but you can? What knowledge do you have that they don't?

I don't know why you are so defensive and touchy on the subject.

I follow Z4s on auto trader eBay etc and cannot recall seeing any with sub 60,000 miles dipping into £6000.

For some people the distance would be an issue. I have seen many posts on this forum where new buyers looking for Z4s want one ideally local, as I said not everyone wants to travel a distance for a car.

Auto trader and Cap are more useful towards your everyday car. Z4s are more of an enthusiast cast. The reason I don’t agree with the valuations is I have seen the values of some Z4s by these as so low compared to what they sell for. There was an 80,000 miler E85 on here being advertised around £8200. No cap figures probably would have trade around £2500, a private sale around £4ish. My point is the guide is not always accurate.

Sorry if it comes across as defensive I just do not agree with some of your points.

Your continuous point about the location makes no sense. You highlight that some people aren't willing to travel. That's the same for every car in every part of the country. Glasgow is one of the most populated cities in the UK. It has more potential customers on the doorstep than most other Z4s for sale.

A BMW Z4 is an everyday car. They isn't anything remarkable or ultra rare about them. These valuation guides manage to value cars much more specialised than the Z4. AutoTrader are telling you that their valuations are based on factual selling prices. If the car is too rare they don't offer a market value.

Car specific forums are really bad for valuation guides. Too many owners are obsessed with prices and want to believe their cars are worth more than they are. Also going up in value.

If Dado5 buys this car for £10k he has to be prepared for the potential losses.

If the car is written off or stolen the insurance company will only pay out on the basis on the valuation guides. A quick check and Go Compare think it's worth £4995.

We already know the car was on sale for a very long time. I seen it at the start of this year. The owner has put a lot of effort to sell it on eBay, AutoTrader and on here. Even for £7800 he couldn't sell it.

If Dado5 doesn't gel with the car and has to sell it soon he won't be able to sell it to WBAC as they'll only offer £3135.

If he goes to another garage and tries to trade it in they'll likely only offer £4100-4500. I just tried a couple online and they are actually offering less than £4000.

The only option Dado5 will have is to sell the car privately. Hea already trading in a Lexus as he can't manage to sell that privately in his area.


As we already know the car has been difficult to sell and couldn't command £7800. Considering it wouldn't sell for £7800 I think AutoTrader's estimation of £6900 and CAP's valuation of £6300 are realistic.
 
Bombur said:
When buying a car is it just about getting the best value you possibly can at the time? Even if that is the case 6 months later values have changed. Surely its about looking at the bigger picture and not going in blind. If you find a 'bargain' brilliant, but if you see a car that ticks your boxes then you pay what YOU think its worth to YOU? Knowing that it will devalue anyway?

It depend on when and why you are buying. Most of the cars I have ever bought have been entirely on value, to the point of literally looking and seeing what the cheapest circa 60k-80k miles, under 6 or 8 years old, petrol manual estate is, and then looking for value within a particular brand and model.

Even buying a Z4 my thinking was mainly about getting something I was relatively comfortable would - at worst - not lose too much. Buying from a dealer increases your chances of a larger loss when you sell.

I have no problem with people who want the peace of mind they get when they buy from a dealer. Being a car dealer in not easy from what I can see.
 
Beerman said:
Z450 said:
Beerman said:
Watch eBay and AutoTrader. They come up. This car was £7800 and on sale for a very long time. I'm sure the seller would have accepted an offer. It wouldn't surprise me if Zach got it less than the advertised price.

Glasgow has one of the highest populations in the UK. It's in the central belt of Scotland where around 70% of the population live. It's not the remote outback. It's major city with lots of potential customers and very good transport links. The location isn't an issue like you're making on.

Not everyone is bothered about spec, but most people are. A lot of people won't buy a Z4 if it's not an M Sport, doesn't have heated seats, doesn't have sat nav. A lot of owners see these as required options. Not having them drastically cuts down the market desirability. It's not a case of devaluating a car, it's offering a fair opinion. It's the very same for every other BMW I'm aware of.

What makes you think industry leading experts like CAP, AutoTrader, WBAC, insurance companies etc, can't value a Z4, but you can? What knowledge do you have that they don't?

I don't know why you are so defensive and touchy on the subject.

I follow Z4s on auto trader eBay etc and cannot recall seeing any with sub 60,000 miles dipping into £6000.

For some people the distance would be an issue. I have seen many posts on this forum where new buyers looking for Z4s want one ideally local, as I said not everyone wants to travel a distance for a car.

Auto trader and Cap are more useful towards your everyday car. Z4s are more of an enthusiast cast. The reason I don’t agree with the valuations is I have seen the values of some Z4s by these as so low compared to what they sell for. There was an 80,000 miler E85 on here being advertised around £8200. No cap figures probably would have trade around £2500, a private sale around £4ish. My point is the guide is not always accurate.

Sorry if it comes across as defensive I just do not agree with some of your points.

Your continuous point about the location makes no sense. You highlight that some people aren't willing to travel. That's the same for every car in every part of the country. Glasgow is one of the most populated cities in the UK. It has more potential customers on the doorstep than most other Z4s for sale.

A BMW Z4 is an everyday car. They isn't anything remarkable or ultra rare about them. These valuation guides manage to value cars much more specialised than the Z4. AutoTrader are telling you that their valuations are based on factual selling prices. If the car is too rare they don't offer a market value.

Car specific forums are really bad for valuation guides. Too many owners are obsessed with prices and want to believe their cars are worth more than they are. Also going up in value.

If Dado5 buys this car for £10k he has to be prepared for the potential losses.

If the car is written off or stolen the insurance company will only pay out on the basis on the valuation guides. A quick check and Go Compare think it's worth £4995.

We already know the car was on sale for a very long time. I seen it at the start of this year. The owner has put a lot of effort to sell it on eBay, AutoTrader and on here. Even for £7800 he couldn't sell it.

If Dado5 doesn't gel with the car and has to sell it soon he won't be able to sell it to WBAC as they'll only offer £3135.

If he goes to another garage and tries to trade it in they'll likely only offer £4100-4500. I just tried a couple online and they are actually offering less than £4000.

The only option Dado5 will have is to sell the car privately. Hea already trading in a Lexus as he can't manage to sell that privately in his area.


As we already know the car has been difficult to sell and couldn't command £7800. Considering it wouldn't sell for £7800 I think AutoTrader's estimation of £6900 and CAP's valuation of £6300 are realistic.

My continuous point on location is purely my own experience.

Look we can keep going back and forth but it’s clear we are not going to agree to let’s agree to disagree 🙂
 
Fred Smith said:
Bombur said:
When buying a car is it just about getting the best value you possibly can at the time? Even if that is the case 6 months later values have changed. Surely its about looking at the bigger picture and not going in blind. If you find a 'bargain' brilliant, but if you see a car that ticks your boxes then you pay what YOU think its worth to YOU? Knowing that it will devalue anyway?

It depend on when and why you are buying. Most of the cars I have ever bought have been entirely on value, to the point of literally looking and seeing what the cheapest circa 60k-80k miles, under 6 or 8 years old, petrol manual estate is, and then looking for value within a particular brand and model.

Even buying a Z4 my thinking was mainly about getting something I was relatively comfortable would - at worst - not lose too much. Buying from a dealer increases your chances of a larger loss when you sell.

I have no problem with people who want the peace of mind they get when they buy from a dealer. Being a car dealer in not easy from what I can see.

You definitely minimise your loss generally speaking buying privately. Some prefer buying from a dealer as they are a known seller with reviews etc and can do part exchange so can be far more convenient and save time, but then there is an increased cost.

Personally have always bought privately but see why people do use a car dealer
 
Scubaregs said:
Best laugh I've had in ages, Glaswegians don't buy convertibles because it's rainy. :rofl: :rofl: :rofl:

It was meant to be sarcastic but re reading it, it does not come across that way 😄😄
 
Back
Top Bottom