M market watch
- Thread starter DPG
- Start date
I would imagine its going to auction to facilitate a quick sale and avoid the tyre kickers, people with sub-£15k maxi who want to buy an £18k car or low trade bids.
Makes some sense for an interesting car like a Z4M. It's rare enough to be of interest and at sub 50K mileage it's relatively low mileage.
A guy I know recently sold a low mileage DB7 Aston Martin and he was able to get at auction the price he would have advertised the car for privately.
So it can work for nice, desirable cars. Which the one at Brightwells looks as if it is being arguably the best colour although 19" wheels are not for everybody. :wink:
Makes some sense for an interesting car like a Z4M. It's rare enough to be of interest and at sub 50K mileage it's relatively low mileage.
A guy I know recently sold a low mileage DB7 Aston Martin and he was able to get at auction the price he would have advertised the car for privately.
So it can work for nice, desirable cars. Which the one at Brightwells looks as if it is being arguably the best colour although 19" wheels are not for everybody. :wink:
mr wilks said:Somewhat contradictory post unless i'm reading it wrong ? :? Owners selling & making money / cars selling well at appreciating prices ? but the global market is faltering :? Aint that pretty much what is being said over recent 6-9 months pages ?
I would love to see those 20 names thoughis there even that many members actively considering a ZMC as their next car :? let alone ones with sub 30k & as for the 5 who sold & made money ?
I don't recall reading anywhere on this thread ( or forum ) that its impossible to make money from Z4Ms :?
Who said that :?
Sorry mr wilks, i did intend to get back to you on this - been a hectic month.
I think in the past 3 or so years people have been making healthy profit on the appreciating Z4M(C), but the global car market is certainly faltering. It's not a contradiction - but a perhaps a turn of the trend. If i had more time i'd get some specific examples but there are plenty of US and UK dealer networks suffering, new car orders numbers dropping (i think Q1+2 of 2017 all US makers reported dropped sales, and Pendragon was the UK example springing to mind) - VW diesel malarky obviously adding to it.
The '20' was hyperbole, but feel free to pick a selection of usernames from this thread (with an interest in buying/vested interest in low prices) calling every ad 'overpriced'
I've noticed that there is a general trend to talk down the prices on here I think. The car market and other markets are faltering a bit but in my humble opinion the Z4M should be free from dramatic falls thanks to it being slightly undervalued in many peoples views.
I am in the process of selling my 2007 Porsche 911 Carrera 2S but I am keeping my Z4M Coupe. The 911 is worth a bit more money but for me the value is roughly the same based on the merits and ownership experience of both cars.
So I would think that Z4M prices will remain and maybe slowly grow over time even in the current market but I would not be investing in a Z4M to make money in the short term, although long term may be different.
I am in the process of selling my 2007 Porsche 911 Carrera 2S but I am keeping my Z4M Coupe. The 911 is worth a bit more money but for me the value is roughly the same based on the merits and ownership experience of both cars.
So I would think that Z4M prices will remain and maybe slowly grow over time even in the current market but I would not be investing in a Z4M to make money in the short term, although long term may be different.
jimmybell said:mr wilks said:Somewhat contradictory post unless i'm reading it wrong ? :? Owners selling & making money / cars selling well at appreciating prices ? but the global market is faltering :? Aint that pretty much what is being said over recent 6-9 months pages ?
I would love to see those 20 names though
I don't recall reading anywhere on this thread ( or forum ) that its impossible to make money from Z4Ms :?
Who said that :?
Sorry mr wilks, i did intend to get back to you on this - been a hectic month.
I think in the past 3 or so years people have been making healthy profit on the appreciating Z4M(C), but the global car market is certainly faltering. It's not a contradiction - but a perhaps a turn of the trend. If i had more time i'd get some specific examples but there are plenty of US and UK dealer networks suffering, new car orders numbers dropping (i think Q1+2 of 2017 all US makers reported dropped sales, and Pendragon was the UK example springing to mind) - VW diesel malarky obviously adding to it.
The '20' was hyperbole, but feel free to pick a selection of usernames from this thread (with an interest in buying/vested interest in low prices) calling every ad 'overpriced'
Blimey Jim,do you think that "The market" listens to half a dozen people on a thread on the net for pricing points and trend analysis ?
Its about 4 years ago since i had my M roady and slightly less for my M coupe.. They are worth the same money now than what i sold them for back then...(M Roady 61k,sold for £14k,M coupe with 91k sold for £15,850)
So holding steady, but not going through the roof..
Genuine cars with good SH and miles are worth the money all day long. In my mind this thread is great for letting people know what they are looking at. Instead of dealers, who frankly have no clue, selling questionable cars at a premium.
The cars are the same but they arent on the same playing field. There are some really bad examples out there that arent worth that premium.
The cars are the same but they arent on the same playing field. There are some really bad examples out there that arent worth that premium.
nickw6666 said:
" general trend " would imply a majority of posts are negative towards values but If the cars being discussed in this thread are clearly out of sync with other examples available at the time or recently then mentioning its ask price in a negative way isnt necessarily talking values down :? Is it not being realistic ? A car for sale 5 months valued at £x , if it was worth it to anyone why is not sold ? Either its dog rough or the ask price is sending prospective buyers to look at something more in line with the market & being that there are so few for sale at any one time its pretty easy to monitor what's selling or sticking
The whole purpose of the thread is to highlight what cars are for sale at any one time & the many forum eyes who follow it soon recognise what is or isn't realistic or achieveable judging by mileage , service record , extras , condition , owners etc
You certainly aren't alone saying it but i couldn't disagree more with the statement
Has anyone else noticed the number of YouTube and magazine articles highlighting the Z4M has increased over the last few months . . .
All good to see and must be good for values . . .
All good to see and must be good for values . . .
paulgs1000 said:Has anyone else noticed the number of YouTube and magazine articles highlighting the Z4M has increased over the last few months . . .
All good to see and must be good for values . . .
The more years that pass the more prominence will be given to them , their virtues really do stand large
at the current pricepoint for either MR or MC i really can't think of anything that compares for looks , equipment , handling , poise , noise & bought well :wink: acceptable running costs .I'l have another at some point but for now will continue to watch from the back row
I'm supposed to be selling mine next march, but every time I park it up and I take a look back at it as I walk away, I just can't think of anything that looks as good and would make me smile so much as I drive it, that could replace it at a similar price point.
no fit state said:
That's because there isn't anything close in my eyes. I said I would put our MR up in March after failing to sell in September this year. Car is on 57k, full history, all MOT's and service records. After dropping it £1K to £14.995 I felt like I was giving it away and removed it from sale. I planned to put it up at £16K in March but quite frankly I have got over the threshold of where my wife expected me to sell it and having two sports cars is now the norm.
I have no idea why we only got 1 call in 6 weeks for a car that was the cheapest for the mileage on AT. Either way, I doubt I would let it go as it is just so much fun. It is certainly better than having £15K in the bank making less than 1%. Tax is the main cost but you are only here once so sod it.
H.
North West Surrey
Havard said:
That has to be the way to go if you can!
They are pretty rare, and if you did sell you'd probably struggle to find another as good if you ever had a change of heart!
I foolishly took a deposit on my 1st 3 litre Coupe then took it for a final drive. Within 2 days I was looking for another, and as much as I like my current one, the 1st was a better example.
Mr Tidy said:Havard said:
That has to be the way to go if you can!
They are pretty rare, and if you did sell you'd probably struggle to find another as good if you ever had a change of heart!
I foolishly took a deposit on my 1st 3 litre Coupe then took it for a final drive. Within 2 days I was looking for another, and as much as I like my current one, the 1st was a better example.
We are going to Newcastle this weekend and I will take the Zed. It's her turn...
I never expected to be in this position as when I decided I wanted the Cayman, I thought the Zed had to go. One guys from Scotland rang me after about 5 weeks of it being on AT and I got an awful feeling in my stomach. I can now alternate which one gets used and keep the mileage down on both cars. Expensive habit but I love opening the garage.
Now is the time to buy for me as they are never going to come down from where they are.
H.
earthdweller
Senior member
Havard said:Mr Tidy said:Havard said:
That has to be the way to go if you can!
They are pretty rare, and if you did sell you'd probably struggle to find another as good if you ever had a change of heart!
I foolishly took a deposit on my 1st 3 litre Coupe then took it for a final drive. Within 2 days I was looking for another, and as much as I like my current one, the 1st was a better example.
We are going to Newcastle this weekend and I will take the Zed. It's her turn...
I never expected to be in this position as when I decided I wanted the Cayman, I thought the Zed had to go. One guys from Scotland rang me after about 5 weeks of it being on AT and I got an awful feeling in my stomach. I can now alternate which one gets used and keep the mileage down on both cars. Expensive habit but I love opening the garage.
Now is the time to buy for me as they are never going to come down from where they are.
H.
Lovely position to be in ... And your M is lovely
I could almost be tempted out of my Si for one
Andy
Fishy Dave said:
Hi, yes I’ve just collected the black coupe. Just had an inspection 2 costing £1400 and also a full set of pads and disco. Internal condition is like new, really happy with it.
Amongst the paperwork are the receipts from most of the past owners, quire interesting seeing what it has sold for. Lowest price being 16k three years ago. Somebody paid 21k in 2009.
