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MC on PH Auction
- Thread starter DevonPaul
- Start date
DevonPaul said:I tried to change the username but couldn't work out how. Managed it on PH, but not here. Still called Paul, except the third Saturday evening of each month when I go by 'Susan'
:lol: Touche sir, touche!
Just need one of the mods to change your Username to 'Shrophshire Susan' now :lol:
Ed Doe said:DevonPaul said:I tried to change the username but couldn't work out how. Managed it on PH, but not here. Still called Paul, except the third Saturday evening of each month when I go by 'Susan'
:lol: Touche sir, touche!
Just need one of the mods to change your Username to 'Shrophshire Susan' now :lol:
Actually, if a Mod can do it then that would be Handy. Not-Devon Paul
It amuses me no end that we’re on a forum enthusiastic about a model and people are pissed about the prices people offer! To the point of wanting to contact them!
Lol get a grip!
I don’t know how many times I have to reiterate. These cars offer so much in a package that other cars of the same era are x2 the price.
Almost like you enjoy seeing them do poorly on the market.
It’s time they started appreciating.
People are breaking Z4Ms because the parts are worth more than entire vehicles.
So what if the service history isn’t bob on, these cars are 20 years old and apart from the ones owned factidiously not many do! Trying to find good examples isn’t easy because they cost a lot to run and are worthless in the grand scheme.
Oh and those cars that have good service history are probably worthless to this bunch.
Lol get a grip!
I don’t know how many times I have to reiterate. These cars offer so much in a package that other cars of the same era are x2 the price.
Almost like you enjoy seeing them do poorly on the market.
It’s time they started appreciating.
People are breaking Z4Ms because the parts are worth more than entire vehicles.
So what if the service history isn’t bob on, these cars are 20 years old and apart from the ones owned factidiously not many do! Trying to find good examples isn’t easy because they cost a lot to run and are worthless in the grand scheme.
Oh and those cars that have good service history are probably worthless to this bunch.
tomscott said:It amuses me no end that we’re on a forum enthusiastic about a model and people are pissed about the prices people offer! To the point of wanting to contact them!
Lol get a grip!
I don’t know how many times I have to reiterate. These cars offer so much in a package that other cars of the same era are x2 the price.
Almost like you enjoy seeing them do poorly on the market.
It’s time they started appreciating.
People are breaking Z4Ms because the parts are worth more than entire vehicles.
So what if the service history isn’t bob on, these cars are 20 years old and apart from the ones owned factidiously not many do! Trying to find good examples isn’t easy because they cost a lot to run and are worthless in the grand scheme.
Oh and those cars that have good service history are probably worthless to this bunch.
:lol: but I think the point Tom is that not servicing a car properly, and selling it as an 'immaculate and unmodified collectors example' but with obvious modifications done, for absolutely top dollar in a fairly flat market is ambitious to the point of irritation.
I guess there's just a shared frustration that sellers are being fundamentally unrealistic about the values of these cars.
FWIW, I for one couldn't care two hoots about the market price of these cars right now - my car as an example is probably worthless in any market, as any potential buyer will run a mile at the prospect of an extensively modified, obviously tracked example. I have no intention of selling, and I don't spend money on the car with any expectation of clawing any of it back on potential resale value. Equally I have no real interest in immaculate unmodified examples, because personally I didn't enjoy how they drove in standard form. Not to say I don't appreciate a standard one, it's just not my cuppa to own.
I think people just find it irking watching people with no real idea of the market price trying to chuck cars up for sale for 'overs'. It does the opposite of encourage people to use and enjoy these cars for precisely what you're saying - the unique and pretty special package they offer at the price point!
Ed Doe said:tomscott said:It amuses me no end that we’re on a forum enthusiastic about a model and people are pissed about the prices people offer! To the point of wanting to contact them!
Lol get a grip!
I don’t know how many times I have to reiterate. These cars offer so much in a package that other cars of the same era are x2 the price.
Almost like you enjoy seeing them do poorly on the market.
It’s time they started appreciating.
People are breaking Z4Ms because the parts are worth more than entire vehicles.
So what if the service history isn’t bob on, these cars are 20 years old and apart from the ones owned factidiously not many do! Trying to find good examples isn’t easy because they cost a lot to run and are worthless in the grand scheme.
Oh and those cars that have good service history are probably worthless to this bunch.
:lol: but I think the point Tom is that not servicing a car properly, and selling it as an 'immaculate and unmodified collectors example' but with obvious modifications done, for absolutely top dollar in a fairly flat market is ambitious to the point of irritation.
I guess there's just a shared frustration that sellers are being fundamentally unrealistic about the values of these cars.
FWIW, I for one couldn't care two hoots about the market price of these cars right now - my car as an example is probably worthless in any market, as any potential buyer will run a mile at the prospect of an extensively modified, obviously tracked example. I have no intention of selling, and I don't spend money on the car with any expectation of clawing any of it back on potential resale value. Equally I have no real interest in immaculate unmodified examples, because personally I didn't enjoy how they drove in standard form. Not to say I don't appreciate a standard one, it's just not my cuppa to own.
I think people just find it irking watching people with no real idea of the market price trying to chuck cars up for sale for 'overs'. It does the opposite of encourage people to use and enjoy these cars for precisely what you're saying - the unique and pretty special package they offer at the price point!
It’s not isolated it’s general consensus, which then trickles to being gospel. Maybe I’ve been on here too long but get tired of reading the same old dribble from the same members.
Comments like needs xyz doing spending 5k on a car instantly or catastrophic failure will ensue. Just BS. Apparently rod bearings need doing on every car at all mileages.
At the end of the day there are always outlying adverts like the 43k good luck to him but I’m not going to get annoyed about it it’s his prerogative and it will sit for sale.
There has to be a bit to be said about the auction sites they are the ones to write the descriptions, set the price etc and the autotrader add probably used the info that was made for the auction.
This sets the expectation of the seller.
It’s all marketing and inevitably with all car sales you want to the get the best price and the auction company will have pre determined that. Depends on the owner on what the minimum is set to.
Top and tail the auction sites show real prices and 22k I think is pretty good if the minimum price was 25k then that’s not far away.
tomscott said:
I tend to agree..
But it is largely down to scare stories on the internet.
We ran an MR2 roadster for 7 years to 100k, apparently it was the only one in the UK that idn't ingest its pre-cats if the internet is to be believed. Similarly we got 6 or 7 years and 20-odd thousand miles on a Cambiocorsa maserati with about 20% clutch wear, most people claim they don't last that long.
These photos we see of bearing shells - who knows whether they've got another 20 miles or 20k in them? The early ones did have issues, but apparently changed from 2006 onwards and better spec oil are supposed to help.
Sure, things wear out eventually, and preventative maintenance is a good idea, and the thing is if you are byuying a car knocking on 20 years old with a known weakness, you might want to carry out some of it when you buy it, both if you intend to keep it long term or if you worry about future resale. But trying to knock £2k off the price because there might be something wrong in the future?
It didn't meet reserve. I was watching it at the end. It kept saying "reserve almost met, keep bidding" but they didn't listen!DevonPaul said:
I reckon the reserve was £25k (which had been reduced apparently). The seller needs to get in touch with the other muppet selling the £43k E85, so they can bemoan how tight everyone is together.
I tend to agree that this forum (excellent as it is with many knowledgeable people) tends to demolish adverts if there is anything wrong with them. Yet the reality is that the sort of information advertisers put on here is substantially more detailed than anything on AT. So it should be a good place to buy. But would I put my cars on here to sell? Probably not because I have the perception that the forum talks down prices. And I would want the best price (obviously). This is not a trait peculiar to Z4s. 15 years ago people on the NSXCB forum were still bemoaning that NSX needed to reach £15000 before they would buy not realising that the bottom had been reached and then prices went skywards and they still moaned saying “they should be lower”. I doubt that this will happen to the ZM but I can guarantee that low milers etc will go up as the high milers keep on going down and end up being broken. And the one just for sale, if it had gone for £22000 (I think I read that it had reached that point) then it could have been a reasonable buy. Spend £5000 on recommissioning and do 2000 miles a year and return the wheels to standard and ensure that its serviced annually from now on and the blip in early servicing will be forgotten in 10 years time nor really impact on its future selling price. Clearly nobody will make any money this way but its how it works and some people do hold cars for a long time. I have one car that I have had for 37 years and the NSX 21 years. I can’t do that in the future as I will be dead of course….
Pondrew said:
I do basically agree with everything you say... but on the other hand I can't get too upset with someone who is effectively saying "I have a really nice example with insanely low mileage. I live in a country where mileage is everything to car buyers, so I am going to ask stupid money to see if some utter muppet appears".
tomscott said:It amuses me no end that we’re on a forum enthusiastic about a model and people are pissed about the prices people offer! To the point of wanting to contact them!
Lol get a grip!
I don’t know how many times I have to reiterate. These cars offer so much in a package that other cars of the same era are x2 the price.
Almost like you enjoy seeing them do poorly on the market.
It’s time they started appreciating.
People are breaking Z4Ms because the parts are worth more than entire vehicles.
So what if the service history isn’t bob on, these cars are 20 years old and apart from the ones owned factidiously not many do! Trying to find good examples isn’t easy because they cost a lot to run and are worthless in the grand scheme.
Oh and those cars that have good service history are probably worthless to this bunch.
Car values are based on supply and demand, not features and how great a package they are (but, of course, how great a package they are is part of what sets supply and demand).
I own a cheap high miler E86. If prices stay the same I can sell, make a small loss, then use the money received plus £6k to buy one of the best ones around.
If prices halve I can sell mine for a £2.5k loss, then use the money received plus £3k to buy one of the best ones around.
Hell yeah I want the prices to collapse.
AND.....so what? This is just a car forum, it isn't a glass's guide board meeting. They are just comments...no one will die and I suspect the sellers of the cars on this thread couldn't give a toss what we think anyway.CliveN said:
Some people need to lighten up a bit and don't take it all so seriously. It's social media. It isn't even real (really).
Pondrew said:
Listed as sold for £24,656.
Buyer pays the fee, so they got it for just under £26.5k
About right? (considering they’d be wise to spend a couple of thousand on a comprehensive, bring everything up to date inspection/service).
I’d also want to add OEM wheels and new tyres for another £1k
Attachments
Must have been agreed after the auction as it was unsold when it finished.swanny71 said:
So the seller gets (presumably) less than £24k, as opposed to the £32k he valued the car at. I would say a 25% loss overnight is quite hefty. Told you he was deluded! Not anymore though!
And the buyer, if he does the 'recommended' work, will still be paying around £30k for that car. And it still has virtually no service history. I don't get it. But then I don't need to.
