M market watch

True-Blue said:
pvr said:
So if I had kept my M which I sold with 23600 on it, I would have made a good investment :cry:

£28k…. I’d be amazed if anyone fronts up anywhere near that for it.

Asking prices are one thing.
I remember paying £14.5k for mine with 38k miles on it back in 2012. So basically they haven't lost any money in the intervening years, plus the really nice ones have appreciated too.

I'm beginning to wish that I'd held onto my old one now in fairness! All my 370Z Roadster has done since I bought it 4.5 years ago...is lose money! :cry:
 
mr wilks said:
@tomscott
911 ( 997 ) values are already well south from where they reached 2 yrs ago & still falling .sub £20k gets a decent 05/06 90k car
Same story with 981 Caymans . £22k gets a 85k 14plate & only £320 yr ved :oops:
Can only imagine another 10% off these by Easter which won't help ZMvalues one bit .
Bear in mind this country as had mega low %rates & hasn't experienced any fiscal downturn for 15 - 16 yrs :wink: all very relevant to values of impractical weekend treat cars .
Can't ignore M2 M4 values either.
Right now 70 M4 sub 70k for sale on At under £25k
M2s 66 plate 75k around £21k -£22k
Both above circa £30k 12 months ago .


Buckle up , it could be bumpy ride 2024
Sounds like Mr Wilks is looking to come back to the fold.

:P
 
LeeZ4MR said:
I remember paying £14.5k for mine with 38k miles on it back in 2012. So basically they haven't lost any money in the intervening years, plus the really nice ones have appreciated too.

I'm beginning to wish that I'd held onto my old one now in fairness! All my 370Z Roadster has done since I bought it 4.5 years ago...is lose money!

You do seem to prefer it though!

But everything comes at a price.
 
R60BBA said:
Sounds like Mr Wilks is looking to come back to the fold.

I'm pretty sure I read something recently suggesting he already had, but obviously not with an M that is going to tank in value apparently. :roll:

To be fair values of non-M/Alpina E85s are at the point where you can't really lose much whatever the future holds.
 
Mr Tidy said:
R60BBA said:
Sounds like Mr Wilks is looking to come back to the fold.

I'm pretty sure I read something recently suggesting he already had, but obviously not with an M that is going to tank in value apparently. :roll:

You don't need to worry about them tanking Mr T :oops: I can remember what you paid for yours :P

I did have a 2.5Si earlier in the year for 48 hrs but sold it to a neighbour .
 
R60BBA said:
mr wilks said:
@tomscott
911 ( 997 ) values are already well south from where they reached 2 yrs ago & still falling .sub £20k gets a decent 05/06 90k car
Same story with 981 Caymans . £22k gets a 85k 14plate & only £320 yr ved :oops:
Can only imagine another 10% off these by Easter which won't help ZMvalues one bit .
Bear in mind this country as had mega low %rates & hasn't experienced any fiscal downturn for 15 - 16 yrs :wink: all very relevant to values of impractical weekend treat cars .
Can't ignore M2 M4 values either.
Right now 70 M4 sub 70k for sale on At under £25k
M2s 66 plate 75k around £21k -£22k
Both above circa £30k 12 months ago .


Buckle up , it could be bumpy ride 2024
Sounds like Mr Wilks is looking to come back to the fold.

:P

Not even a faint chance of me buying another ZM
 
The Z4M just gets better and better when compared to modern shitboxes, which are getting less driver focused by the day.

Plenty of folks (including me), have come from modern Pork and up to date M cars, back to the zed. They just feel analogue and properly driver focused, unlike todays EPAS / Auto bloaters.

Look at values in Europe / ROW, which have shot up and are still holding. They are an incredible bargain in the UK.
 
abar121 said:
The Z4M just gets better and better when compared to modern shitboxes, which are getting less driver focused by the day.

Plenty of folks (including me), have come from modern Pork and up to date M cars, back to the zed. They just feel analogue and properly driver focused, unlike todays EPAS / Auto bloaters.

Look at values in Europe / ROW, which have shot up and are still holding. They are an incredible bargain in the UK.

THIS!!!!
 
People do pay good money for good cars. Two of the expensive Z4MCs have left Autotrader and have been sold. I bought one of them. The other went to a collector.
 
mr wilks said:
You don't need to worry about them tanking Mr T I can remember what you paid for yours

Ssh. :roll:

While I think I bagged a bargain I took a bit of a bath when I sold my 3.0Si. :(
 
Mr Tidy said:
LeeZ4MR said:
I remember paying £14.5k for mine with 38k miles on it back in 2012. So basically they haven't lost any money in the intervening years, plus the really nice ones have appreciated too.

I'm beginning to wish that I'd held onto my old one now in fairness! All my 370Z Roadster has done since I bought it 4.5 years ago...is lose money!

You do seem to prefer it though!

But everything comes at a price.
Yes Mr Tidy and cars are an expensive game whichever way you do it as you say annoyingly!

They are our passion/hobby though, so I guess we turn a bit of a blind eye to it. :)
 
You should buy hobby cars for the fun. Buy rare supercars for keeping, not using and making money. Old beemers, other than very exceptional older (desired) Ms, 507s,etc, will
never make string money and certainly no return. When I come to sell ZM in perhaps 8 years time I expect to have forked out a minimum of £2000 a year just to keep it taxed and maintained. I don’t expect to get it back. I also expect it to lose about 10% of its value in real terms, perhaps more if the petrol market dies. While I love the car most guys don’t want the hassle of driving it sadly. And in comparison to moderns it’s awkward/ thrilling/delete as appropriate
 
The problem is that you have garaged models that are looking great underneath even though they are 17 years old, and you have outside parked and are bad underneath and need a lot of work.

However, people want the same top money for them
 
LeeZ4MR said:
True-Blue said:
pvr said:
So if I had kept my M which I sold with 23600 on it, I would have made a good investment :cry:

£28k…. I’d be amazed if anyone fronts up anywhere near that for it.

Asking prices are one thing.
I remember paying £14.5k for mine with 38k miles on it back in 2012. So basically they haven't lost any money in the intervening years, plus the really nice ones have appreciated too.

I'm beginning to wish that I'd held onto my old one now in fairness! All my 370Z Roadster has done since I bought it 4.5 years ago...is lose money! :cry:

This post isn’t aimed at you specifically LeeZ4MR, more a general observation :thumbsup:

Why? …Because you miss it or because it’s held its money better than than the 370Z? Which do you prefer driving?

I think Mr Wilks has a point but, unless you’re a trader (or wannabe trader), It’s all relative.

If the second hand car market is in decline, the decline will affect ‘most’ cars, some worse than others of course.

So a fall in values may be of benefit if you want to move up in price terms. A 3.0 E85 will still decline, it’s just got less far to fall than a Z4M or Alpina so the % might be the same but the £’s less.

It’s all very well saying values may be a lot lower next year, and they might be - but who knows if they’re going be here tomorrow, let alone in 2024!

Unless you bought your Z4M etc as an investment (which is not a great idea), don’t rush out and sell it - just enjoy it. A case in point is the E86 3.0Si in the classifieds for £25k because it’s only done 16k miles - hasn’t been enjoyed, not worth anywhere near the asking price, never going to be an investment.
 
An important thing to remember is, it all comes down to the price to change.
if values fall, you get less for yours, but pay less for the replacement.
i am considering a change in the spring, but wish i was a cash buyer without a car to sell as there are some decent deals to be had, but i have to sell mine first to take advantage of these deals, and what you think you have gained on your new choice, you then loose out on what you get for yours.
 
As if by magic - I’m current at the NEC Classic car show and just spotted this Z4MR….Also ref current market conditions I’ve just spent 2 hours at the Iconic Auction and most cars were selling circa 15-20% less than estimate or not meeting their reserve including desirable stuff. Didn’t see what the Z3MC S54 went across the block for but it was lovely
 

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LawrenceW said:
As if by magic - I’m current at the NEC Classic car show and just spotted this Z4MR….Also ref current market conditions I’ve just spent 2 hours at the Iconic Auction and most cars were selling circa 15-20% less than estimate or not meeting their reserve including desirable stuff. Didn’t see what the Z3MC S54 went across the block for but it was lovely
Thats the strangest looking Red i have come across :D
 
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