beanitos said:
Woah, thats mega. Its made me realise that the coupes are only going in one direction!
I cant believe the price increase over the last few years.
M market watch
- Thread starter DPG
- Start date
Woah, thats mega. Its made me realise that the coupes are only going in one direction!
I cant believe the price increase over the last few years.
Liverpool
The increasing price is probably what saved my 150k miler from being written off in 2016 (the little red dot on the far bottom right was probably the 130k/£13k one I used as my baseline with the insurer assessor).
A couple of months earlier, or a few grand less and it would have been 'salvage'.
A couple of months earlier, or a few grand less and it would have been 'salvage'.
MrPT said:
The changes to the car seem very much in keeping, and the parts of the car that generally need updating to bring the car where it should have always been without going to the extremes of say my car which would put off most buyers. Thats a lovely spec, with some really nice work done to it, if done to a high standard that car will feel ace. Whoever put that together did well.
There are a lot of mods to that car, and some people, will be put off as it takes the car some way from standard so if they want to maintain a warranty might be tricky.
But of course there are many that will view the mods as a positive and then it will be a very attractive proposition at that price with those mods that people may have been thinking of adding themselves after buying a car.
I think with the market its a case of horses for courses! The Z4M was made in relatively low numbers and really is an enthusiasts car as we all know being quite hard edged.
So IMO good, well maintained cars should always sell well regardless of the mods, provided they have been specified and fitted correctly of course. It just might be that a heavily modified car will appeal to a certain enthusiast sub-group in the market and that can be a good thing as that group recognises that cars of that type are even rarer than the standard cars.
In terms of the market, it also creates a nice dual category for Z4M's, modified and unmodified, which considering the numbers means that within each category there are even less cars available than the total number!
But of course there are many that will view the mods as a positive and then it will be a very attractive proposition at that price with those mods that people may have been thinking of adding themselves after buying a car.
I think with the market its a case of horses for courses! The Z4M was made in relatively low numbers and really is an enthusiasts car as we all know being quite hard edged.
So IMO good, well maintained cars should always sell well regardless of the mods, provided they have been specified and fitted correctly of course. It just might be that a heavily modified car will appeal to a certain enthusiast sub-group in the market and that can be a good thing as that group recognises that cars of that type are even rarer than the standard cars.
In terms of the market, it also creates a nice dual category for Z4M's, modified and unmodified, which considering the numbers means that within each category there are even less cars available than the total number!
nickw6666 said:There are a lot of mods to that car, and some people, will be put off as it takes the car some way from standard so if they want to maintain a warranty might be tricky.
But of course there are many that will view the mods as a positive and then it will be a very attractive proposition at that price with those mods that people may have been thinking of adding themselves after buying a car.
I think with the market its a case of horses for courses! The Z4M was made in relatively low numbers and really is an enthusiasts car as we all know being quite hard edged.
So IMO good, well maintained cars should always sell well regardless of the mods, provided they have been specified and fitted correctly of course. It just might be that a heavily modified car will appeal to a certain enthusiast sub-group in the market and that can be a good thing as that group recognises that cars of that type are even rarer than the standard cars.
In terms of the market, it also creates a nice dual category for Z4M's, modified and unmodified, which considering the numbers means that within each category there are even less cars available than the total number!
great read. agree totally.
nickw6666 said:Interesting Sutts. Congratulations or commiserations, I'm not sure which should apply!
I'm thinking of putting my Imola Red Z4M Coupe up for sale which is a 2007 car with 31,700 miles on it and which I've owned for nearly 10 years. I was thinking of putting it up for £24,995 as the car has full BMW Main Dealer Service History and a current BMW Comprehensive Insured Warranty. The fact your car has sold so quickly at £25,000 says it all for a superb car with low miles.
I'm not 100% convinced I'm doing the right thing though as I bought a 997 911 C2S to replace the Z4MC but find it a little tame after the livewire Z4M experience, even though the C2S has a PSE and sounds a bit mental at full chat! :?
Hope you don't miss yours too much!
Bit off topic...
The 997 C2s...
Owned a 997 4S and a major thing to look out for is the sooting up of the exhausts, this indicates an issue with one of the cylinders and if it goes 'pop' its a 10k fix. My advice... get it checked!
Little Bob
Member
One theory here....
https://www.pistonheads.com/gassing/topic.asp?h=0&f=23&t=1680415
https://www.pistonheads.com/gassing/topic.asp?h=0&f=23&t=1680415
I do often look at the car market and think it's a huge bubble waiting to burst. Personally, I think it'll happen the moment the BOE makes the first interest rate (who knows when that will be)....but people will quickly start to prioritise different things.
People need to remember what cars were selling for just a few years ago. I sold my CSL in 2009 for £22k (and that was a tough sell)..and bought a 4 year old Aston V8V for £28k just a few months later. It's a little crazy to think my 2007 Z4MC is worth £20k in 2017....
People need to remember what cars were selling for just a few years ago. I sold my CSL in 2009 for £22k (and that was a tough sell)..and bought a 4 year old Aston V8V for £28k just a few months later. It's a little crazy to think my 2007 Z4MC is worth £20k in 2017....
DLT222 said:
Having been in the market for a Z4 MC for a couple of months and watched the ones that have come and gone - the recurring cars that remain available just didn't quite checkout and pass my inspection and I viewed a lot of cars.
Sounds like they are throwing warning signs to others as well. The good ones seem to appear and disappear very briskly though.
Ye I also agree with the market being a possible bubble waiting to burst.
Obviously everyone sees value in different ways but if you look right across the whole spectrum everything is expensive apart from new car prices, dealers are literally throwing them at you.
I was recently in Porsche Newcastle and they were saying people are hoarding 981 boxster s and cayman s and the new 718 has been a difficult sale, so I see the possibility of some great deals as we get to mid cycle when they haven't met quota. The 981s are sitting anywhere between 35-65k and they are 2-6 year old brand entry level cars. I'm not sure if its sensible or mad.
I live in Manc and see all sorts of exotica around all the time but the 718s are a rare site!
One ridiculous deal I heard bounding around was the 4c at £350 a month not sure on deposit... again because they haven't met quota... What are they 70-75k cars to buy...
Second hand cars a huge trend because dealers are making more money on finance deals than new cars, price hikes on older desirable cars buying cheap off owners wanting to offload old cars. Add double interest rates with low annual mileage they get the car back in 2-3 years time and will probably sell it for more... as again desirability rises and higher mileage acceptable with age.
If interest rates do go up and prices fall... its just a bit of a squeaky bum time to buy unless money isn't really an issue and you don't mind taking a risk.
The one sector that does seem pretty good value is the E89, but I suppose they are getting to the bottom of their value curve and people are waiting for the Z5.
Quite happy to see how it pans out while saving in the meantime. Could be an interesting 18 months.
Obviously everyone sees value in different ways but if you look right across the whole spectrum everything is expensive apart from new car prices, dealers are literally throwing them at you.
I was recently in Porsche Newcastle and they were saying people are hoarding 981 boxster s and cayman s and the new 718 has been a difficult sale, so I see the possibility of some great deals as we get to mid cycle when they haven't met quota. The 981s are sitting anywhere between 35-65k and they are 2-6 year old brand entry level cars. I'm not sure if its sensible or mad.
I live in Manc and see all sorts of exotica around all the time but the 718s are a rare site!
One ridiculous deal I heard bounding around was the 4c at £350 a month not sure on deposit... again because they haven't met quota... What are they 70-75k cars to buy...
Second hand cars a huge trend because dealers are making more money on finance deals than new cars, price hikes on older desirable cars buying cheap off owners wanting to offload old cars. Add double interest rates with low annual mileage they get the car back in 2-3 years time and will probably sell it for more... as again desirability rises and higher mileage acceptable with age.
If interest rates do go up and prices fall... its just a bit of a squeaky bum time to buy unless money isn't really an issue and you don't mind taking a risk.
The one sector that does seem pretty good value is the E89, but I suppose they are getting to the bottom of their value curve and people are waiting for the Z5.
Quite happy to see how it pans out while saving in the meantime. Could be an interesting 18 months.
Some good points there Tomscott.
I think the bubble will burst as well but I don't actually believe the Z4M will be affected because in some respects, compared to some vehicles, they are probably underpriced and not overpriced.
For overpriced cars I'm thinking 1M coupe, M3 CSL, and some Porsche GT cars in particular.
The Z4M has some real credibility as the last of the inline six naturally aspirated M' cars with a great engine, and still very much an analogue car with a proper manual gearbox. To see 1M coupe prices go as high as £50-£60K is crazy but there are people out there willing to pay.
With interest rates set to rise soon and the uncertainty with Brexit I can see some dipping at the top end of the market, but further down which is where the Z4M currently is, it may not be affected so much. For Z4M I think we will see some small increases but no dipping going forward.
As said it will be an interesting 18 months coming up!
I think the bubble will burst as well but I don't actually believe the Z4M will be affected because in some respects, compared to some vehicles, they are probably underpriced and not overpriced.
For overpriced cars I'm thinking 1M coupe, M3 CSL, and some Porsche GT cars in particular.
The Z4M has some real credibility as the last of the inline six naturally aspirated M' cars with a great engine, and still very much an analogue car with a proper manual gearbox. To see 1M coupe prices go as high as £50-£60K is crazy but there are people out there willing to pay.
With interest rates set to rise soon and the uncertainty with Brexit I can see some dipping at the top end of the market, but further down which is where the Z4M currently is, it may not be affected so much. For Z4M I think we will see some small increases but no dipping going forward.
As said it will be an interesting 18 months coming up!
A
Anonymous
Guest
tomscott said:
This turned out to be false/retracted smart ish. It was part of the band-waggon jump when M135i and Golf R deals came out. Some naughty dealerships putting people through as "sole traders" to save on VAT and give a little extra discount.