M market watch

[VRSteve]

Very closely linked to the 'what is mint' thread.

The problem is, in this thread - those saying 'i wont buy this at this price' - fine, but others are.

If you think £20k is a premium price, but it has issues that stop you buying it - then really the issue here is that you're expecting a high end car for £20k (im using this as an example figure here). If these cars are selling at these prices, then the only thing wrong with the market is your perception of what you should be getting for that money.

At the end of the day - it's a thin book, there arent many available - so you cant really pick and choose and say 'this pricing is rediculous' or use the word 'sensible' to describe the price you'd LIKE to pay, but cars are actually listed for more than.

Bang on. Frankly I think paying £70k for an E Type; one of the best selling sports cars ever (how many tens of thousands sold?), is batshit but that's the current market. Live with it or don't buy a car.

The Z4M wasn't a hugely expensive car new, and is modern and reliable so there are likely to be many many more that have marginal histories than excellent ones.

I think people are making too big a deal about ancient history here too. Provided there's a running-in service from BMW then the rest shouldn't be a deal breaker - especially if recent services have been up to scratch. I'd take a car with generic garage services but a recent big service at Munich Legends or Reddish over one with a full BMW history.

I've been saying this for ages.................at last someone has said the same thing!!

 

[mr wilks]

13k covered black Mroady £19995 ask ? http://www.ebay.co.uk/itm/2006-BMW-Z4M-ROADSTER-BLACK-JUST-13000-MILES-SINCE-NEW-/192089136328?hash=item2cb9679cc8:g:cucAAOSwA3dYizb1
Now this could be one for the collector or very low user to take forward longterm :wink:

 

[Tyreman]

Very closely linked to the 'what is mint' thread.

The problem is, in this thread - those saying 'i wont buy this at this price' - fine, but others are.

If you think £20k is a premium price, but it has issues that stop you buying it - then really the issue here is that you're expecting a high end car for £20k (im using this as an example figure here). If these cars are selling at these prices, then the only thing wrong with the market is your perception of what you should be getting for that money.

At the end of the day - it's a thin book, there arent many available - so you cant really pick and choose and say 'this pricing is rediculous' or use the word 'sensible' to describe the price you'd LIKE to pay, but cars are actually listed for more than.

To be fair they aren't selling though just sitting there, that's my opinion.

 

[srhutch]

13k covered black Mroady £19995 ask ? http://www.ebay.co.uk/itm/2006-BMW-Z4M-ROADSTER-BLACK-JUST-13000-MILES-SINCE-NEW-/192089136328?hash=item2cb9679cc8:g:cucAAOSwA3dYizb1
Now this could be one for the collector or very low user to take forward longterm :wink:

Wheels need refurb, exhausts are dirty.

Lived in Jersey, so 40mph top speed. Probably never fully warmed

Scrapper :lol:

 

[Angelus666]

Well there you go....a 13k car for 20k won't come up again! If you're seriously in the market you will buy that car at full asking price! TBH, id expect they might get £25k at a Bmw dealer...

 

[Z4M-2006]

What you have to remember is that is a Z4..A good car but.....


You have to be an enthusiast to get £20,000 spent on one

 

[srhutch]

What you have to remember is that is a Z4..A good car but.....


You have to be an enthusiast to get £20,000 spent on one

Regardless of price I would say they are generally going to be bought by enthusiasts now. How many normal cars would cost £12k+ at 10 years old.

 

[breezer]

What you have to remember is that is a Z4..A good car but.....


You have to be an enthusiast to get £20,000 spent on one

And the M3 CSL is a 3 series. Your point being?

 

[ChrisT70]

Chris, recognise your name for the R8 forum I think? Are you widening the net?

p

I'm also watching the market and the ones for sale at present in the trade look crap tbh and overpriced. They've all jumped on the bandwagon trying to punt high miles average cars on at collectors prices.
If a genuine enthusiast car comes up with all the right history I have cash waiting but I won't buy from a dealer with a 3-5k premium for the sake of it.
It's similar in the Porsche 99g3 market. I'm selling an immaculate low mileage 993 in the next couple of weeks but the dealers trying to punt on average cars at high prices are sat on them and even increasing prices in the hope a mug walks by.

No I intend having one of each to be fair

 

[Z4M-2006]

What you have to remember is that is a Z4..A good car but.....


You have to be an enthusiast to get £20,000 spent on one

And the M3 CSL is a 3 series. Your point being?

My point being that don't get over excited ...
Why is a CSL so expensive? Do you honestly think a CSL is worth the money asked?
As you say, it's a 3 series ..

The reason the money is high is because bmw fanboys with a few quid have pushed them that way.. not because the are great cars ..

Bmw know their audience and do a great job...

 

[samj89]

What you have to remember is that is a Z4..A good car but.....


You have to be an enthusiast to get £20,000 spent on one

And the M3 CSL is a 3 series. Your point being?

My point being that don't get over excited ...
Why is a CSL so expensive? Do you honestly think a CSL is worth the money asked?
As you say, it's a 3 series ..

The reason the money is high is because bmw fanboys with a few quid have pushed them that way.. not because the are great cars ..

Bmw know their audience and do a great job...

I can tell you haven't got a z4mc anymore

Z4mc are worth the money tell me a car a rare one at that, that looks as nice, performs as well for under 20k

 

[ChrisT70]

Someone bloody sell one then lol . Preferably lower miles and not black is all I ask

 

[Z4M-2006]

And the M3 CSL is a 3 series. Your point being?

My point being that don't get over excited ...
Why is a CSL so expensive? Do you honestly think a CSL is worth the money asked?
As you say, it's a 3 series ..

The reason the money is high is because bmw fanboys with a few quid have pushed them that way.. not because the are great cars ..

Bmw know their audience and do a great job...

I can tell you haven't got a z4mc anymore

Z4mc are worth the money tell me a car a rare one at that, that looks as nice, performs as well for under 20k

Not at all,

I would have another Z tomorrow ... I have had all the best Z models that bmw built, so not sure which I would have lol..

They are good cars at a certain price point..
Would I pay double the amount for an M coupe than a 3.0si coupe? No... it's certainly not twice the car...
The Z is a mishmash of parts and the way they handle from stock shows this...

But I'm lucky enough to drive sports and prestige cars a lot in my job, as well as some bangers so I think I have a decent opinion on comparisons between models..

If you don't get blinded by badge prejudice there are some great cars out there..

 

[Darren M]

13k covered black Mroady £19995 ask ? http://www.ebay.co.uk/itm/2006-BMW-Z4M-ROADSTER-BLACK-JUST-13000-MILES-SINCE-NEW-/192089136328?hash=item2cb9679cc8:g:cucAAOSwA3dYizb1
Now this could be one for the collector or very low user to take forward longterm :wink:

Black on black - how incredibly depressing and uncreative. If I wanted to spend that much money and wanted to buy a long termer I couldn't bring myself to buy that

As much as I love BMW's and Z4 M's I'd rather now pick up a much newer Porsche 981 second hand. I'm sure the Z4 will be a good investiment for those who already own but I tend to buy to drive not for an investment. Pity BMW don't make a decent competitor.

 

[markos]

No I intend having one of each to be fair

Classy move 8)

 

[breezer]

What you have to remember is that is a Z4..A good car but.....


You have to be an enthusiast to get £20,000 spent on one

And the M3 CSL is a 3 series. Your point being?

My point being that don't get over excited ...
Why is a CSL so expensive? Do you honestly think a CSL is worth the money asked?
As you say, it's a 3 series ..

The reason the money is high is because bmw fanboys with a few quid have pushed them that way.. not because the are great cars ..

Bmw know their audience and do a great job...

I could easily argue the other way - where else can you get a car that's actually exciting, engaging, and raw - with minimal depreciation and that can be used everyday and run on a smallish budget? What else does £20k get you? What does £30k get you, come to that? A TVR possibly if maintained spectacularly and already restored? I have a Tuscan but can't drive it in winter because it'll rot faster than it does 0-60. If you mention a Porsche I'll know you're not serious as nothing in that price range is even approaching exciting. They're good, but oh so bland.

Yes the whole market is heading towards being a speculative bubble, but if you want to own a car like this then you unfortunately have to participate. We owners are getting caught up in the mess caused by speculators. And if you're going to participate, then please tell me a better way at the £20k price point?

 

[Z4M-2006]

Depends what you want....

I currently have a 2 door coupe, has only done 9k miles, is 4 years old and will outperform, outhandle the z4MC and was cheaper than £20k...

It's been sold today funnily enough and I have got a bit more than I paid for it...and have moved on again to a new car.. not a bmw, as nothing in the current line up does anything for me and in general they are bombing in value..


As with all my cars I will keep one year max and may make money, may draw even...

I had a supercharged XKR last year for a while...
a different car to the Z, was under £20k and was quick, luxurious and beautiful in standard trim..
Enjoyed the ownership experience and sold...another great car..

Porsche.. I have owned a few 911's, it's well documented I'm not a fan, although the 981 Cayman looks a gorgeous thing..

Maybe it will my next car, but. It at there current money, they have a long way to drop yet

 

[Angelus666]

Lot of good cars out there for £20k to £30k, but that MR with 13k miles is a solid investment, even after 2 years of good driving I'd imagine you'll still be in the bottom 10% of mileage cars, so will always be a buyer at this end. Also given it's been in Jersey you can kind of guess it has had an easy life....kind of tempted by it myself!

And if you don't like black on black then for £900 you can change to any colour you like...

 

[srhutch]

13k @ 40mph can't be good for a car though. I wouldn't mind betting it will have some issues when it gets used properly with the other half of the rev range.

 

[Angelus666]

It's where I'd feel more confident putting my money....can't see what else is on the market right now that is as good a buy as that one!