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[Mroadster]

Deman, it's fine.. I don't think you needed to go on that much. I think people on forums take things really too seriously.

You just confirmed what I wrote though, when you describe a Z4 M a "depreciating 10 yo BMW". That is definitely ridiculous.

I never compared my car to a Picasso, I just said that if an auction for a Picasso goes empty and nobody offers the reserve price of 5k, that doesn't mean it automatically becomes the market price for a Picasso, which is what you insisted on saying "the market didn't think it was worth more than that".

You can call my car overpriced (obviously, as you're determined in buying one for 9/11k), but considering what is being sold at the moment (and considering the mileages) it's on the low end of the prices, and it is evident that these cars are already appreciating, having already touched the lowest point. It's obvious even in this section of the forum that there are more people interested in buying than people selling. Cars in good condition and decent mileage are getting rarer and sought after, as many in the automotive press are nominating them as best 10 yo car to buy and calling them forgotten gems.

As you remembered, an official BMW dealer offered me 12.5k (WITH THE WRAP!!), and to me that is ultimate proof that the car has a market value higher than that.

It's such a limited production car that makes the market for it impossible to define using the categories that you use. You're on the market with the attitude of someone trying to get a steal deal on a diesel Golf.

I get it though, as a buyer you need to insist they are worth nothing and exploit a seller desperation. The art of the deal.

 

[Truth]

I think as Z4m owners we should be setting the bar high on prices ( sorry buyers ) to manipulate the market value as dealers have done for years. Take the z8 and e46 CSL. if we all work together our cars will be worth more. We all need to stop on these for sale threads saying “That’s too much” or “that’s high”
The rising tide raises all ships.
Just food for thought for the future ( alliteration aside! )

 

[Mroadster]

I think as Z4m owners we should be setting the bar high on prices ( sorry buyers ) to manipulate the market value as dealers have done for years. Take the z8 and e46 CSL. if we all work together our cars will be worth more. We all need to stop on these for sale threads saying “That’s too much” or “that’s high”
The rising tide raises all ships.
Just food for thought for the future ( alliteration aside! )

EXACTLY!!!!!!!

And this will happen anyway as these cars are rare and - as long as there are no desperate sellers - it's the buyers that will start begging the owners offering ridiculous prices for them, just to get hold of one.

 

[Truth]

I think as Z4m owners we should be setting the bar high on prices ( sorry buyers ) to manipulate the market value as dealers have done for years. Take the z8 and e46 CSL. if we all work together our cars will be worth more. We all need to stop on these for sale threads saying “That’s too much” or “that’s high”
The rising tide raises all ships.
Just food for thought for the future ( alliteration aside! )

EXACTLY!!!!!!!

Without a wrap!

 

[Mroadster]

I think as Z4m owners we should be setting the bar high on prices ( sorry buyers ) to manipulate the market value as dealers have done for years. Take the z8 and e46 CSL. if we all work together our cars will be worth more. We all need to stop on these for sale threads saying “That’s too much” or “that’s high”
The rising tide raises all ships.
Just food for thought for the future ( alliteration aside! )

EXACTLY!!!!!!!

Without a wrap!

You all know that the wrap can go.. when a serious buyer will come forward. I said it many times.. I won't strip off a fresh, good looking, expensive wrap job that is also protecting the paint job and preserving the car.. just to appeal buyers. That is also part of not being desperate to chase buyers. :wink:

 

[Truth]

I know, I was joking.

 

[Mroadster]

LOL

 

[Marlon]

:lol: . . . a classic 'Truth'

 

[earthdweller]

I’m not totally convinced that they are appreciating at the moment

Prices seem to have slipped on all Zeds over the last year including the M

There are currently 26 on the autotrader most of which seem to have been there a long time and there have been some very nice ones on here that just haven’t sold ... but then again it’s the bleak mid winter maybe it’ll pick up in the spring .. but it doesn’t seem at the moment that there are people buying these cars

12.5k seems a strong offer from a Main dealer as they usually put at least £4K across used cars

 

[MefiEcosse]

I’m not totally convinced that they are appreciating at the moment

Prices seem to have slipped on all Zeds over the last year including the M

There are currently 26 on the autotrader most of which seem to have been there a long time and there have been some very nice ones on here that just haven’t sold ... but then again it’s the bleak mid winter maybe it’ll pick up in the spring .. but it doesn’t seem at the moment that there are people buying these cars

12.5k seems a strong offer from a Main dealer as they usually put at least £4K across used cars

Certainly not very many selling quickly! I've enquired about a couple of them but they turned out not to be the right car for me, was surprised when one told me he'd be putting the price up by £1k in January when he's already had the car sitting for 2 years! Another told me that they're happy to sit with the car as the market will eventually get to the level they've priced the car at, I made a reasonable offer and the refused to move from asking price, not even by £50! Perception with dealers is that the prices are still rising even if the cars aren't selling!

 

[MefiEcosse]

I should have added that there's also a couple of dealers that can't be bothered returning phone calls or emails if you ask about the service history! :lol:

 

[Truth]

Certainly not very many selling quickly! I've enquired about a couple of them but they turned out not to be the right car for me, was surprised when one told me he'd be putting the price up by £1k in January when he's already had the car sitting for 2 years! Another told me that they're happy to sit with the car as the market will eventually get to the level they've priced the car at, I made a reasonable offer and the refused to move from asking price, not even by £50! Perception with dealers is that the prices are still rising even if the cars aren't selling!

It should be embraced that z4’s (all of them) are sold this way and not bartered down and down. Let’s keep the prices up on ///m’s and the price will go up trickling down through all z4’s I’m glad dealers are sticking their ground with them. I paid full asking price for mine albeit it was £16500 with 52k in 2015. If we keep prices up they will hopefully go the same way z3m’s and CSL’s have gone. On another note, Let’s all shout about how good these cars are and how they are worth every penny!

 

[mr wilks]

Certainly not very many selling quickly! I've enquired about a couple of them but they turned out not to be the right car for me, was surprised when one told me he'd be putting the price up by £1k in January when he's already had the car sitting for 2 years! Another told me that they're happy to sit with the car as the market will eventually get to the level they've priced the car at, I made a reasonable offer and the refused to move from asking price, not even by £50! Perception with dealers is that the prices are still rising even if the cars aren't selling!

It should be embraced that z4’s (all of them) are sold this way and not bartered down and down. Let’s keep the prices up on ///m’s and the price will go up trickling down through all z4’s I’m glad dealers are sticking their ground with them. I paid full asking price for mine albeit it was £16500 with 52k in 2015. If we keep prices up they will hopefully go the same way z3m’s and CSL’s have gone. On another note, Let’s all shout about how good these cars are and how they are worth every penny!

That's a great ethos when you're stood on the ladder those waiting to get on the first rung will see it differently :roll:

 

[Truth]

I know mate. I did think it would be seen that way when I was typing it. But it’s how I feel. Can’t be call Truth and hide behind thinly vailed lines. Though with all the zed owners on here it would be silly not to try to make our own investments worth more.

 

[mr wilks]

I know mate. I did think it would be seen that way when I was typing it. But it’s how I feel. Can’t be call Truth and hide behind thinly vailed lines. Though with all the zed owners on here it would be silly not to try to make our own investments worth more.

Totally get your thinking mate , makes ///M ownership even sweeter when your stock is rising

 

[earthdweller]

I know mate. I did think it would be seen that way when I was typing it. But it’s how I feel. Can’t be call Truth and hide behind thinly vailed lines. Though with all the zed owners on here it would be silly not to try to make our own investments worth more.

Totally get your thinking mate , makes ///M ownership even sweeter when your stock is rising

I’d love my car to go up in value .. I’m seriously tempted by an M either as an addition too or replacement of my Si

But it’s not the sellers that drive the market and as someone who watches the market ( as I suppose lots of us do) it does not inspire confidence in splurging money on one seeing all these cars just sitting there for month after month if not years with no obvious discernible movement in the market

A static market where nothing is selling is not a good thing and does not drive interest in the cars and will put off potential purchasers many of whom will be enthusiasts and keen market watchers

If for instance the Porsche market is moving and cars are selling quickly and for good money I’d much rather be sinking £15k+ into that market than on an M where the market for them appears to be dead

 

[earthdweller]

The question for all of us is ..,

Regardless of wrap ( who mentioned the wrap )

The Op has priced his car in line with all the adverts from mainly dealers ( fair enough ) maybe a touch lower as it’s a private sale ( fair enough ) and it’s what we’d all probably do

But .. he’s priced it in line with a load of cars that aren’t selling

The reason they are not selling and the reason the Op’s Car hasn’t sold for 5 months is simply that they are more expensive than the market will pay

So each of you ask yourself a simple question what price would the Op’s Car or indeed any of the others for sale make you jump in your car and drive straight over and offer him cash on the spot for it ?

8/9/10/11/12 grand ?

Once cars hit that point and start selling like hot cakes and become hard to find ... then priced will rise

Dozens of them sitting there for ever means they are too expensive

 

[Truth]

The question for all of us is ..,

Regardless of wrap ( who mentioned the wrap )

The Op has priced his car in line with all the adverts from mainly dealers ( fair enough ) maybe a touch lower as it’s a private sale ( fair enough ) and it’s what we’d all probably do

But .. he’s priced it in line with a load of cars that aren’t selling

The reason they are not selling and the reason the Op’s Car hasn’t sold for 5 months is simply that they are more expensive than the market will pay

So each of you ask yourself a simple question what price would the Op’s Car or indeed any of the others for sale make you jump in your car and drive straight over and offer him cash on the spot for it ?

8/9/10/11/12 grand ?

Once cars hit that point and start selling like hot cakes and become hard to find ... then priced will rise

Dozens of them sitting there for ever means they are too expensive

A good/fair and eloquent point 8)

 

[earthdweller]

The question for all of us is ..,

Regardless of wrap ( who mentioned the wrap )

The Op has priced his car in line with all the adverts from mainly dealers ( fair enough ) maybe a touch lower as it’s a private sale ( fair enough ) and it’s what we’d all probably do

But .. he’s priced it in line with a load of cars that aren’t selling

The reason they are not selling and the reason the Op’s Car hasn’t sold for 5 months is simply that they are more expensive than the market will pay

So each of you ask yourself a simple question what price would the Op’s Car or indeed any of the others for sale make you jump in your car and drive straight over and offer him cash on the spot for it ?

8/9/10/11/12 grand ?

Once cars hit that point and start selling like hot cakes and become hard to find ... then priced will rise

Dozens of them sitting there for ever means they are too expensive

A good/fair and eloquent point 8)

And a well balanced well judged reply

 

[Nictrix]

I agree with Earthdweller above in that if something doesnt sell it must be too expensive, but if you have exactly what somebody wants there is really no limit.
The other reason I think is that there is nobody wanting to buy what you have.
Even if your vehicle, no matter what it is, is the cheapest on the market ... if nobody wants what you have it wont sell.
The other problem with these cars is the information thats out there regarding running costs. Like info on this very forum.
Personally I would not want an M for these sort of reasons, tax cost, price for some consumables, service costs and not to mention some of the problems that are starting to arise with the age/mileage that they are hitting. There cant be a massive market for 10 year old cars that cost over £10,000 that may or may not need thousands of pounds spent on engine work while in your ownership.
Sometimes the only way you will sell a vehicle, especially something thats a bit different from the norm, is if somebody is actively looking for that particular vehicle.