M market watch

Adamski said:
DPG said:
A few more AUC Coupe's for sale

http://usedcars.bmw.co.uk/M/3.2-M/Nottingham/1829540-604859951-3497195.aspx?srcmdc=se_na_re_

http://usedcars.bmw.co.uk/M/3.2-M/Nottingham/1829540-604854566-3497195.aspx?srcmdc=se_na_re_

http://usedcars.bmw.co.uk/M/3.2-M/Solihull/1829540-604822108-3497238.aspx?srcmdc=se_na_re_

The first one (Imola) badly needs new rear discs (£350 main dealer prices). And it appears to have Yoko tyres. They look like fast road/track tyres.

Second one looks ok. Not keen on red leather with carbon black paint though.

Third one is my fav, although that champagne leather dash would need to go.

On the basis that I'm only slightly higher miles than the red one, I'm going to revalue mine at £22k (or £23.5k factoring in CSLs and aeros etc) for insurance at my renewal in May

Seems incredibly sensible.
 
I think there's a huge difference between the price of a car at BMW main dealer and the value of an unwarranted private car. I don't think it's unrealistic to see a £5k difference.
 
I'd raise the value based on the principle of indemnity. i.e. in the event of total loss, I'd want an equivalent car.

Any private sale and the majority of dealer sold cars would be of a lower standard than the one I own (ok there may be some rare exceptions). It wouldn't be unreasonable to ask the insurer to cough up main dealer prices in the event of a total loss. I certainly wouldn't want to settle for £17k for my car.

Oh, and my car is under warranty :wink:
 
I think you may struggle with insurance companies unless you go down the agreed value route, as it seems Autotrader has 50k Mileage cars on it for £17k ish.

I bet no one would get what they paid at a dealer from a regular insurance company without GAP insurance.
 
I personally think Sytner may find it harder to shift the cars moving forward but will probably be proven wrong :). They don't want to shift much on the Imola Coupe price but at £22k for a 47k miles car with 5 previous owners and being an earlier car, I don't think it's worth it.It' nearly 9 years old too. I know the Z4 M and last M3 are last of a dying breed, and quite rare, but there are other modern choices out there that are still normally aspirated.
 
Ah - just clocked that the red one was Scotia Steves. Not sure the 'concours' bit in his ad was quite right. Not with those rear discs... Ho hum
 
Dunno :).
Spring is on it's way, the economy is continuing to improve, fuel prices are much lower than they used to be. These are a few short term factors contributing to the price rises. Sytner have had some good quick sales and pushing up prices but no idea if sustainable. I think it's a bit too earlier for them to be collectibles.
I keep mentioning them but thecost of a basic new Cayman 2.7 poverty spec is just under £40k and the S about 9 grand more. If/when these come down in value I think they will probably take away a lot of buyers and they're a natural progression for those who want an newer/more modern E85/86 like car.
 
Adamski said:
Ah - just clocked that the red one was Scotia Steves. Not sure the 'concours' bit in his ad was quite right. Not with those rear discs... Ho hum
Have you been to see it,or from the pics? :)
He was quiet about the "low owners" too :), I don't call 5 owners low myself - bit of a whore car :) Although I think the last owner did have it four years which bodes well.
The dealer will surely sort the discs though. Goes to show use matters as my last car had well over 70k on it and the rears were original! Fronts were only replaced due to fooooked caliper. Actually nearly bought it back from the dealer as it sat on their forecourt at a loss for months and found I had more space only for it I think to be auctioned off I think.
 
Adamski said:
Ah - just clocked that the red one was Scotia Steves. Not sure the 'concours' bit in his ad was quite right. Not with those rear discs... Ho hum

Rear disks look rusty but guessing it's just been washed. I can't determine their condition from the photo
 
'Whore car' is a little harsh, though 5 owners is not 'low'. However these cars - all types of Zs - do seem to change hands quite a lot outside an enthusiasts' forum such as this, especially earlier in their lives. Actually, you only have to keep an eye on things over 12-18 months on here to see how many people buy a Z - especially Ms - and then sell up within a year
 
Darren M said:
Adamski said:
Ah - just clocked that the red one was Scotia Steves. Not sure the 'concours' bit in his ad was quite right. Not with those rear discs... Ho hum
Have you been to see it,or from the pics? :)

Saw it at Fort Kinnaird in Edinburgh. But as he was too busy revving the nuts off it and spinning the tyres up near a pedestrian crossing I couldn't quite make out the colour of the rear discs :roll:
 
Bing said:
'Whore car' is a little harsh, though 5 owners is not 'low'. However these cars - all types of Zs - do seem to change hands quite a lot outside an enthusiasts' forum such as this, especially earlier in their lives. Actually, you only have to keep an eye on things over 12-18 months on here to see how many people buy a Z - especially Ms - and then sell up within a year

I know :rofl: made me laugh when I typed that.
The dealer said people like to get cars like this out of their system but when you look past this shallow reason, do people really care about a car they don't intend to hang onto? It's not often you see a one owner prestige car in lower than average condition. As expensive things can go wrong with these I just would feel less comfortable with a high owner car than a 1 owner car so should affect the pricing.
 
Darren M said:
I personally think Sytner may find it harder to shift the cars moving forward but will probably be proven wrong :). They don't want to shift much on the Imola Coupe price but at £22k for a 47k miles car with 5 previous owners and being an earlier car, I don't think it's worth it.It' nearly 9 years old too. I know the Z4 M and last M3 are last of a dying breed, and quite rare, but there are other modern choices out there that are still normally aspirated.

I don't understand the 9 years old comment, the Z4M was only produced over a 3 year period so the age of the car has a relatively small impact on price, spec and mileage are much more sensitive variables. Also owners doesn't have a huge influence. These are often 2nd / weekend cars, often owned for a year and sold on. 5 owners in 9 years is not cause for concern.

The S54, notwithstanding some people's opinions, is generally regarded as a truly great engine. I think prices of S54 Z3Ms and E46 CSLs are having an influence on Z4M prices. You could get a standard E46 M3 but it's getting tougher to find a clean one, and don't really come with any exclusivity. From a design perspective the Z4M is a marvel (in both roadster and coupe form), such a stunning car.

Whilst the Z3M and CSL prices continue to rise I wouldn't be surprised if the Z4M continues to ride the wave.
 
I'm not sure the Cayman will have any impact. The Z offers a car with exclusivity and excellent residuals....the Cayman doesn't. Ultimately, I chose the Z for those reasons.

Also, does anybody actually expect the low fuel prices to last for anything more than the short term? Not sure people are spending money on a thirsty car purely because of a short term dip
 
Fuel prices are largely irrelevant to most owners. I bet the average mileage on a Z4MC is only 4-5k pa average. If you assume 25ish MPG that's only 200 gallons a year or 900 litres so if petrol returns to its old price it's still only another £3.50 a week!
 
I honestly think fuel economy and prices are irrelevant to most people who buy these cars - lower prices are welcome, but when I bought mine I didn't even really think about the higher cost of fuel, I just bought it. And I will be doing up to 15k a year in mine. Bemoaning the cost of fuel or low mpg is missing the point. I don't think lower fuel prices will last, and I don't think lower prices are tempting people into thirstier cars - though I haven't done any statistically relevant research :D

If you're thinking about the cost of just making it go you'll walk straight past a Z4M regardless of the price of a tank of fuel. And if you pause the £500 road tax will cause a moment of faintness... Best not to think about it too hard IMO :P
 
http://www.autotrader.co.uk/used-cars/bmw/z4m/used-bmw-z4m-3-2-m-coupe-2dr-fulham-fpa-201502191077750?logcode=p

Wow....3500 miles...think this is a great buy for anyone considering an investment. Must be the lowest out there?
 
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