M market watch
- Thread starter DPG
- Start date
I've just been checking prices for roadsters in a "just in case" scenario, since my commuting needs are due to change and I'm very surprised to see virtually nothing under 14k, and very average examples (which I'd probably put my car in the category of) at £15k+
Are there any buyers around at this level? Or are a lot of sellers just being wishful after seeing low mileage examples advertised at silly prices.
If I do the smart thing and sell soon, I could get what I paid for the car 3.5 years ago when it had noticeably less miles on it.
I don't really want to sell but it is likely the M will become criminally over used or under used, probably the latter. I'm trying to think of cheaper garage queens I could buy, but the old 911's have shot up in value since I last looked at them and the 8 series won't quite fit in the garage in question :|
Are there any buyers around at this level? Or are a lot of sellers just being wishful after seeing low mileage examples advertised at silly prices.
If I do the smart thing and sell soon, I could get what I paid for the car 3.5 years ago when it had noticeably less miles on it.
I don't really want to sell but it is likely the M will become criminally over used or under used, probably the latter. I'm trying to think of cheaper garage queens I could buy, but the old 911's have shot up in value since I last looked at them and the 8 series won't quite fit in the garage in question :|
I've seen all the ones on auto trader that are advertising around £15k stick, they've all been advertising for close to two months, that being said summer is approaching so it is likely they get close to their asking price. I just think if a trader is asking £16k, and will probably take £15.5, why would you buy private for £14.75k, or even £14.25k.....especially if the trader car has full BMW SH and the private ones dont.
A
Anonymous
Guest
I used to think full main dealer service history meant a lot. And paid more for my previous car from a private seller just to have this.
First MOT in my ownership and the prats at the local main dealer missed two broken springs, which should have been covered by an MOT insurance policy up to £750... raised it with VOSA, who reassessed it and agreed it should have failed and they should have paid out for it, but because it was now a "re-test" Audi wriggled out of it on a technicality.
Coupled with the way main dealers treat cars (in my experience; washing with grit, hooning around in them, mucking up reassembly and implementing servicing of items without prior OK from me etc), their lack of knowledge over mine/other enthusiasts and their constant necessity make money from somewhere (your pocket, insurance through warranties etc), I have no issues buying private from a member or enthusiast that has treated their pride and joy as I'd treat mine outside of main dealers...
All an opinion and personal experience of course
First MOT in my ownership and the prats at the local main dealer missed two broken springs, which should have been covered by an MOT insurance policy up to £750... raised it with VOSA, who reassessed it and agreed it should have failed and they should have paid out for it, but because it was now a "re-test" Audi wriggled out of it on a technicality.
Coupled with the way main dealers treat cars (in my experience; washing with grit, hooning around in them, mucking up reassembly and implementing servicing of items without prior OK from me etc), their lack of knowledge over mine/other enthusiasts and their constant necessity make money from somewhere (your pocket, insurance through warranties etc), I have no issues buying private from a member or enthusiast that has treated their pride and joy as I'd treat mine outside of main dealers...
All an opinion and personal experience of course
I'm finding that a lot of people seem to be trading their cars in and i agree with wantaz4m that a lot of cars with dealers are up around the £15-16k mark. I guess its easier to part-ex these rather than sell privately even though you could make a little more money.
I'm looking for a 2007 Z4MR with around 40k miles and full history. is £14,000 to £14,500 or 750 unreasonable for a good conditon private example.
Do these cars tend to come down after the summer as ive noticed a lot of cars for sale on auto trader etc dont seem to be selling.
I'm looking for a 2007 Z4MR with around 40k miles and full history. is £14,000 to £14,500 or 750 unreasonable for a good conditon private example.
Do these cars tend to come down after the summer as ive noticed a lot of cars for sale on auto trader etc dont seem to be selling.
nick_z4 said:
You may get close to your target Nick but might have to lift the 40k & also be prepared to travel & act quickly as there seems to be more buyer for relatively few cars with that mileage
Also worth noting that ins2 could be due around 50k ish so that could add £800/£1000 to the car ?
Personally id go up in miles to mid 50s with ins 2 done although for me the ongoing miles would be 3/4k a year & yours may be higher :wink: its snakes & ladders playing miles off against ask price but the position of the car in the service cycle & condition of brakes can soon rattle some £££ out of your pocket :?
StevenH72 said:
I agree, but when the sum of money for transaction is a fairly large one, people prefer trade...
me personally I've in the main bought and sold privately....I suppose to clarify my point further:
Red one @ Trader with 46k on the clock selling for £16k, FBMWSH
Blue one @ private with 59k on the clock selling for £14.75k FSH
Grey one @ private with 54k on the clock selling for £15k FBMWSH
For me just looking at the advert and prices I would buy from the trader looking at those three cars, theres only about 1k difference, and then the trader will offer warranty and the car itself has less miles...ofcourse, actually seeing the cars in real life might alter that decision, as condition dictates.....
I'd rather pay less and have the comfort of being able to go through the car with the actual owner rather than some chump at a garage who's never driven the car telling me 'we have loads of these in and this one's by far the best I've ever seen, drives like a dream'. Hate trader sales patter sh*te.
Trade warranty's aren't worth a great deal either, will barely pay out for sod all these days.
Trade warranty's aren't worth a great deal either, will barely pay out for sod all these days.
nick_z4 said:
Any reason you want a 2007?
I know there were a few changes but other than twin tuner for TA and AUX I can think of any others that were standard unless ISOFIX was.
The ///M was only built for 2 years and the age these cars are now 2006-2008 makes little difference.
mr wilks said:
Paying ~£900 for a Ins2 would make a big difference to a sale and I would only put on 5k miles per year (if that) - maybe a high 40k or 50k miler might be a better option. Also youre right about Brakes and other parts which can be expensive and up for negotiation on any deal
StevenH72 said:
This car in question is local to me; They had an identical one come on a few months ago, i phoned up and it had sold. This one came onto Pistonheads and ebay at about 8pm i think Tuesday night this week, i phoned them up at 10am the following morning only to hear that it had been sold to a guy who drove by. Now the add on Ebay has since been changed to:
BMW Z4 M Roadster - Choice of 2 in stock
Read into that what you will.....
Mad Professor
Active member
Well saidAndyBeech said:
Next service in 8k is likely to be ins2 which leaves me thinking the ask is more than a little optimistic ?
£14k/£14.5k if it was as it should be on viewing & paperwork
Plus factor in a few ££ to remove that spoiler from the boot that looks very E46 Coupe
:thumbsdown:
£14k/£14.5k if it was as it should be on viewing & paperwork
Plus factor in a few ££ to remove that spoiler from the boot that looks very E46 Coupe
:thumbsdown:
