M market watch

Well I just spoke to a mate of mine who went to the auction and it didn't sell - hardly surprising as the highest bid was £13,500!
 
gregl342 said:
Gwest44 said:
Anyone after a brown one?Screenshot_20230606_231636_Facebook.jpg

You beat me to it, this is mine!

Here's a direct link to the advert:
https://www.facebook.com/marketplace/item/592086406368266/

If anyone is interested or has any questions feel free to message me on here :)

This one’s been shared about on Twitter B850038A-FE26-45FA-8465-4B1595830F99.png
 
guys would you be willing to give your honest opinion on my car.
do you think i've priced it right? or am i hoping for to much, i'd like 15k for it.
i know the car has its issues which i have tried to point out and be honest as possible.
would i better returning to standard suspension and putting the standard airbox on, then reduce to say 14k and sell those bits separately?

Let me know what you think.

https://www.ebay.co.uk/itm/256213618002?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=98Mk6BOtT7C&sssrc=4429486&ssuid=98Mk6BOtT7C&var=&widget_ver=artemis&media=COPY
 
I think most people willing to buy an MC on that sort of mileage would want to pay less for it sadly. Especially now when the 62K miler at H & H only got a top bid of £13,500.

You generally seem to get a better overall return going back to standard and selling the mods separately.

It might help to add some photos of the interior too, especially the seat bolster on the right of the driver's seat as they often look pretty tired.

Still GLWTS. :thumbsup:
 
spudowen said:
guys would you be willing to give your honest opinion on my car.
do you think i've priced it right? or am i hoping for to much, i'd like 15k for it.
i know the car has its issues which i have tried to point out and be honest as possible.
would i better returning to standard suspension and putting the standard airbox on, then reduce to say 14k and sell those bits separately?

Let me know what you think.

https://www.ebay.co.uk/itm/256213618002?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=98Mk6BOtT7C&sssrc=4429486&ssuid=98Mk6BOtT7C&var=&widget_ver=artemis&media=COPY

As sad as it sounds with 158k on the clock
Its not going to shift at that price.The marker has changed the ved on these now is ridiculous and insurance prices have gone up to stupid levels.
The next owner taking on a car at almost 160k either has to own it forever or buy cheap knowing its only going to sell cheap. 17k will get you into a sub 100k car and like mr Tidy said 13.500 top bid on low miles example goes to prove this theory.
 
j3nks79 said:
It looks like a £10k car to me in the current market

I didn't want to say it but this is where I think it is, maybe 11 if you're lucky.

There are a few for sale around the 100k mark for 15k atm

A car like this is a perfect candidate as a track car or a home mechanic.
 
tomscott said:
j3nks79 said:
It looks like a £10k car to me in the current market

I didn't want to say it but this is where I think it is, maybe 11 if you're lucky.

There are a few for sale around the 100k mark for 15k atm

A car like this is a perfect candidate as a track car or a home mechanic.

Cheers guys, see where your coming from. Don't fully agree with that auction car being a relative precedent as auctions are very much about who is there on the day.
Good to get some clarity though, I don't really want to sell, but need to get a road rally car and haven't got space for both at home! :)
Definitely won't be selling at 10k, i will keep it and enjoy it.
Thanks
 
With the rod bearings and vanos done along with the coil overs and relatively recent inspects etc it’s definately worth more than 10k - you’d get more breaking it!! I think 13-14k is realistic, remember, high mileage is only an issue for the British market - the Europeans don’t see it as an issue.

For what it’s worth, mine has 125k, has KWs, rod bearing and vanos refresh and is in nice condition, compression is good and the engine free from leaks. I’ve had several Ms and currently own an MR alongside it - the MC is an absolute rocket in comparison.
 
spudowen said:
guys would you be willing to give your honest opinion on my car.
do you think i've priced it right? or am i hoping for to much, i'd like 15k for it.
i know the car has its issues which i have tried to point out and be honest as possible.
would i better returning to standard suspension and putting the standard airbox on, then reduce to say 14k and sell those bits separately?

Let me know what you think.

https://www.ebay.co.uk/itm/256213618002?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=98Mk6BOtT7C&sssrc=4429486&ssuid=98Mk6BOtT7C&var=&widget_ver=artemis&media=COPY
Would pay no more than £9,000 for that mate.
 
spudowen said:
heers guys, see where your coming from. Don't fully agree with that auction car being a relative precedent as auctions are very much about who is there on the day.
Good to get some clarity though, I don't really want to sell, but need to get a road rally car and haven't got space for both at home!
Definitely won't be selling at 10k, i will keep it and enjoy it.
Thanks

I think you'll be keeping it then!

I'm not sure the auction is unrepresentative - surely anyone looking for an MC would be just as likely to see that as your advert?

A couple of these are what you are up against:- https://www.autotrader.co.uk/car-search?make=BMW&model=Z4%20M&onesearchad=New&onesearchad=Nearly%20New&onesearchad=Used&page=4&postcode=gu470za&radius=1500&saved-search-id=8a42a6fa76aed87301773672fd3f068d&search-target=usedcars&sort=datedesc

I'd happily pay less for the black MC with almost 60k fewer miles and budget for bearing shells.
 
I think the price is a touch high but there is nothing available on auto trader, around that price, that looks any better to me. The mileage is very high though so you are going to have to really convince people that it will be trouble free to get top price. I wouldn’t consider the black one over yours if I only had £15k to spend. This is due to the fact that it hasn’t had bearings or vanos done, which is a £1.5k - £2k extra that needs doing on a car with 100k on the clock, plus the blue is a more desirable colour (in my opinion). Of course the plus of that car is it is a trader selling and has a three month warranty. If it was me I would sell the eventuri which you may get somewhere around £500 for and put the car back to standard as much as you can, this will make the car more appealing to buyers and allow you to reduce the price. Then I would spend sometime really cleaning that interior, the similarly priced black one looks way better on the pics than yours. I would get busy with the back to black and make the engine nice and shiny. I would also get the central locking working, that would be a big turn off for me with you having only one key I would market it at £14k - £14.5k and be prepared to accept £13.5k which would still give you roughly £14k with the eventuri sale.
 
Would I be right in thinking at this kind of milage the head gasket is probably due a change? This info on the S54 in Zs at this milage is relatively thin, under 100k all the obvious elements have been done although it doesn't mention gearbox and engine mounts.

From m3cutters it seems like head gasket, camshaft and follower wear are items that can be more prevalent and there are quite a few over 200k. Guessing the clutch will probably will need doing too. It's all a lottery is suppose as it may have spent a lot of time on the motorway.

There are loads of assumptions on this car because the info is so thin history looks good with the current owner with it being looked after by Redish but previous to this owner there is no info on the listing. There are a few yellow flags tho things like missing keys and the central locking not working etc on a 2 owner car seems odd to me I would sort that to remove barrier. Few mot failures and one on a fuel tank leak. Milage seems like it's done 10-12k consistently most years, usual flags things like tyres near the limit, brake lines are mentioned a few times but there's no mention in the listing.

I would be interested to see what the history was previously, where it was done, when etc.

The positive thing is the Z has the last variant of the S54 where most kinks were worked out. I think the main thing I was trying to say is even if its 100-120k its still a fair amount lower and for the extra 1-2k on the budget can save a few ££ headaches as people seem to move them on seasonally.

It's all horses for courses save 2k here spend 2k there on maintenance. I mean if we are going to work to that rhetoric £695 to tax and insurance has increased heavily this year. Cost me £1345 to tax and insure mine this year, another £600 to service it. Like I said if your handy and do work yourself its a perfect candidate but I would say thats not the majority of buyers.

At the end of the day were not talking huge swings like 15k will buy you a 100k miler, 20k for a 60-80 25-28 will get into 40-60k. In sports car terms it's not huge amounts of money, I still think 25k for a low milage 343hp NA sport car with a manual is a bargain. You would need to find 10-15k more to buy a similar 997 with <60k on it and it will cost more in maintenance as they are more sensitive, even more worries.

This is probably why the convo sparks because generally these cars are cheap in the grand scheme of the market. Look at other M cars like good E46 M3s and E39 M5s eye watering money now.

You can spend ££ pretty quickly ive spent 5k in my 4 year ownership to get it back to what I think is a suitable standard and still have bearings and mounts to do, my vanos test passed with flying colours which is positive.

It is a thing in the UK it doesn't matter who you speak to, people will look for what ever they feel a "low milage example" is, especially when these are niche and you tend to get enthusiasts buying who want good ones to take to shows etc you also have the "milage is irrelevant buy on condition", fair enough but its also selling them on. Then again if your keeping it you can grab a bargain, but this isnt a bargain its nearly £16k but has some nice bits on it!

Whether you agree or not milage means something to the majority of buyers. Just depends how you feel about it. Personally I land somewhere in the middle. My Z4MR was £14.5k and had 63k on it.
 
One key without remote locking really lets it down IMO. With a higher-miler everything has to be tip top if you want to fetch a decent price.
 
Food for thought, thanks all. Interior is clean and in really good condition, but appreciate I need to take some better photos of it.
I can send the service history to anyone who's interested, all previous issues from mots etc have been sorted.
Going to look into the key /central locking issue, it used to work fine so Im guessing key battery?
I'd take 13.5k less eventuri for it.
Thanks all
 
As others have said the non-working locking and only 1 key would be a big negative for me too.

If it's the key battery you might be able to charge it by leaving the key next to a wireless charger for a while as that's how they charge when you use the car.
 
Mr Tidy said:
As others have said the non-working locking and only 1 key would be a big negative for me too.

If it's the key battery you might be able to charge it by leaving the key next to a wireless charger for a while as that's how they charge when you use the car.

The central locking works fine just not off the remote fob, you need to put the key in the door and unlock manually.
Going to investigate and sort it next week. Thanks
 
spudowen said:
Mr Tidy said:
As others have said the non-working locking and only 1 key would be a big negative for me too.

If it's the key battery you might be able to charge it by leaving the key next to a wireless charger for a while as that's how they charge when you use the car.

The central locking works fine just not off the remote fob, you need to put the key in the door and unlock manually.
Going to investigate and sort it next week. Thanks

Should be an easy fix if it’s just reprogramming

https://m.youtube.com/watch?v=o9LWhnewgNM
 
As this is market watch i went to see the ex Jay Kay car. It was nice but still had surface alloy corrosion around the engine and while very tidy it hadnt been pampered. I would have thought it had sat in wRehouses all its life. I did but one though - it might still be on Autotrader. Interlagos blue with 30k miles. Good history but not perfect. Interior good but engine components are corroded (but no worse than usual). Paint’s good as it had been detailed. Mechanically seemingly okay but I have already mentioned in another thread the airbag warning light after only 150 miles….. hmm. As private sale that’s a pain but then if it was a dealer they would say bring it back - a 500 mile round trip. Cost was a little lower than advertised. But if cane with excellent original wheels and tyres. Lots of bills with the car so I am assuming that the maintenance cost will be SUBSTANTIALLY more than my E89. Just hope it’s worth it. Looks good though and my judgement is that cars like this will never be made again so hopefully will still be sought after in years to come
 
CliveN said:
Lots of bills with the car so I am assuming that the maintenance cost will be SUBSTANTIALLY more than my E89.

I went from a 3.0Si so same engine as your E89, and you're right about that!

But it's a price I'm happy to pay. :)
 
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