plenty said:
I think sooner or later the market will realise that these cars are under-valued, but that might be so far away that it makes no sense to treat them as an investment today unless you take enjoyment from owning a garage queen and are happy to play a (really) long game.
The Z3M also wasn't especially well-reviewed when new and has no motorsport heritage or established kudos as a driving tool, but prices of those (especially the breadvan) while not spectacular look fairly firm and certainly aren't going down.
I could see a really low miles and top-notch Z4MC hitting £40-50k at some point, but it could be far down the line.
Cars at the top and bottom will always get raised eyebrows. I could totally see a mint Z4M coupe going for 40-50 and a couple already have. There was a 3600 mile imola coupe not that long ago up for 46k if I remember. Pretty sure it was bought by SuroopDhaliwal on instagram if your interested. He's a collector with loads of incredibly low milage cars... would love to go photograph his collection.
The Z3M was the original and its so weird it has a following for good and bad reasons.
People been saying about the appreciation for 10+ years and it hasn't really happened, two more years and the Z4M will be 20 years old. End of the day all the other great M cars have more than 2 seats and most young adults want fast hatches or M3/4 which are so tunable it's ridiculous. Just have to go to meets like Ultimate BMW, full of exactly this. BMW now has a different audience and it that perspective they are killing it just not my cup of tea.
Really hard to find any of the newer generation cars at meets that havent been really heavily modified. In that world these cars are small, slow and cost a fortune to run.
If you look at the market there are almost no 2 seaters available they have completely fallen out of favour. The Boxster and possibly MX5 are the only successful 2 seaters all the rest are selling so few numbers they are on the verge of being cut. Like the new Z4 it had potential and it could if they put a bit more effort into the chassis and put an S engine in it. In reality its nice but its not too dissimilar than a 3 series to drive but non of the benefits albeit the roof.
It was really funny at Ultimate BMW we took nearly 30 Z4s and one or two made it on the thousands of insta posts and the only one that got attentions was VADs modified GT E89. Nobody really appreciated them at all! lol
That being said I love how rare it is and that its unknown and under appreciated because nobody cares when you drive it, I had a Boxster and 911 for a while and I had numerous occasions of bad experiences with other drivers trying to intimidate etc never get any of that in the Z because nobody knows what it is. If anything ive had quite a few people accusing me of putting M badges on mine :lol: because it isnt badged like other M cars with the model designation.