Surprised with falling E89 used values
- Thread starter mr wilks
- Start date
So its spring 2016 & where are we with 89 prices ?
I'm after one , its no secret & i have studied long & hard from both AUC to Gumtree .
Ones i "almost" bought in last 3 months range from these examples
private / 59plate Silver 36k 3.0i 18s but no nav - red sport seats £12500 (probably should have bought
)
Cooper Reading / 59plate 3.5i Grey 60k 18s with nav & sport seats with Remus boxes :evil: £15500 dithered too long & it was sold when rang back
private 09 Havana 36k on 19s with sport seats no nav the lad just wouldn't budge off £14k & 2 months later its still for sale at same money :roll:
& the fact that this hasnt sold confirms to me the E89 market is still on shifting sand that's hard to predict just how far they will go south :? a peachy looking Msport in great combo with warranty , been up at least 6 weeks 2.3 , no nav , price ? can only be one of those 3 things preventing its sale
http://www.autotrader.co.uk/classified/advert/201602050736896?price-from=13000&make=bmw&quicksearch=true&onesearchad=used%2Cnearlynew%2Cnew&page=1&search-target=usedcars&postcode=bb120hr&radius=45&sort=default&price-to=15000&model=z4&logcode=p
I'm after one , its no secret & i have studied long & hard from both AUC to Gumtree .
Ones i "almost" bought in last 3 months range from these examples
private / 59plate Silver 36k 3.0i 18s but no nav - red sport seats £12500 (probably should have bought
) Cooper Reading / 59plate 3.5i Grey 60k 18s with nav & sport seats with Remus boxes :evil: £15500 dithered too long & it was sold when rang back
private 09 Havana 36k on 19s with sport seats no nav the lad just wouldn't budge off £14k & 2 months later its still for sale at same money :roll:
& the fact that this hasnt sold confirms to me the E89 market is still on shifting sand that's hard to predict just how far they will go south :? a peachy looking Msport in great combo with warranty , been up at least 6 weeks
2.3 , no nav , price ? can only be one of those 3 things preventing its sale http://www.autotrader.co.uk/classified/advert/201602050736896?price-from=13000&make=bmw&quicksearch=true&onesearchad=used%2Cnearlynew%2Cnew&page=1&search-target=usedcars&postcode=bb120hr&radius=45&sort=default&price-to=15000&model=z4&logcode=p
Z4M-2006 said:
Id want a good toe to toe on this one as i don't trust southerners
but it ticks just about every box for me Paint colour / good
Nav spec / good
Sport seats / good
3.0 non turbo / good
19s / good ( 296s my 89 fave wheel
) miles / good
price / good
just needs tyres up a size in profile for me
http://www.ebay.co.uk/itm/322007008014?_trksid=p2060353.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT
mr wilks said:Z4M-2006 said:
Id want a good toe to toe on this one as i don't trust southerners
Paint colour / good
Nav spec / good
Sport seats / good
3.0 non turbo / good
19s / good ( 296s my 89 fave wheel
miles / good
price / good
just needs tyres up a size in profile for me
http://www.ebay.co.uk/itm/322007008014?_trksid=p2060353.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT
Looks peachy that Andy, what's not to like? Teaching my grandma to suck eggs I know but check it really has got cruise as in the blurb it says it's got electric adjustable seats which it has'nt, usual dealer BS. Makes me laugh how they say 'upgraded sound system', upgraded from what, not having one? It's the base 6 speaker radio so if you like banging tunes it won't deliver in 'pro' form. Lastly AFAIK the E89 does'nt have a heated windscreen in any guise but I could well be wrong, it might have it with comfort access I suppose but I'm not sure.
Other than those picky points it looks great, you could have it in time for the Turnpike. :wink:
Twin Turbo
Active member
Reading other forums - the N20 engine is not as robust as the N54.
The N20 is an cheep engine - built on cost - the Jury is still out as its still is a quite an new engine. However there are known cases it not lasting 75k miles - been fully serviced and maintained - without any engine mods.
Would I consider buying an mid-to-high mileage N20 NO
Would I consider buying an mid-to-high mileage N54 Yes
The N20 is an cheep engine - built on cost - the Jury is still out as its still is a quite an new engine. However there are known cases it not lasting 75k miles - been fully serviced and maintained - without any engine mods.
Would I consider buying an mid-to-high mileage N20 NO
Would I consider buying an mid-to-high mileage N54 Yes
Twin Turbo said:
Not interested in any 2.0 Z of any description & the older/leggier they get am not that fussed for the twin turbos either
as with the E85 E86 for me the 3.0 265bhp is the one to have as the 89 i will have won't have warranty & most likely will be around 60k / 7yrs old :wink:mr wilks said:Z4M-2006 said:
Id want a good toe to toe on this one as i don't trust southerners
Paint colour / good
Nav spec / good
Sport seats / good
3.0 non turbo / good
19s / good ( 296s my 89 fave wheel
miles / good
price / good
just needs tyres up a size in profile for me
http://www.ebay.co.uk/itm/322007008014?_trksid=p2060353.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT
Lovely car...
Everything good,apart from SE.....
The M sports look and sit so much better..
Why wouldnt you have the twin turbo Andy ?
mr wilks said:Z4M-2006 said:
Id want a good toe to toe on this one as i don't trust southerners
Paint colour / good
Nav spec / good
Sport seats / good
3.0 non turbo / good
19s / good ( 296s my 89 fave wheel
miles / good
price / good
just needs tyres up a size in profile for me
http://www.ebay.co.uk/itm/322007008014?_trksid=p2060353.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT
I'm in the market for an E89 and drove this last week as it's fairly local to me. Lack of cruise (a must for me as it'll be a daily driver) and a worry over potential cracks in the 296's eventually lead me to leave it but I agree it ticks a lot of boxes
mr wilks said:Skyroam said:
Thanks for the heads upneither of the above would be a negative , 296s can easily be picked up along the way :wink: & for me cruise isn't a killer blow for a predominantly weekend car
Car didn't feel 'loved' but I certainly didn't see anything that caused alarm bells
This thread invited my first post on this forum, so bear with me please. I live across the pond in the US, and just bought my first BMW; a silver Z4 35i. The E89 has a N54 engine, is a 2012, had 11,300 miles on it, and complete records. The CARFAX showed one owner, and his list of destinations was still in the NAV. He drove it around northern Virginia and made one trip to Florida, (about 2,000 miles round trip). The original window sticker was in the glove box and the car was very well equipped. The sticker price was $62,900 (in 2012). It had been for sale for 3 months when I bought it for $37,000 which included "Certified" previously owned status and warranty thru 2018. It was a 41% discount off of sticker, ($25,900), for a car with less than a year's normal mileage. The first owner incurred a depreciation cost of $2.30 for each mile he drove it.
I am 65, owned a number of British Leyland, Porsche and Lotus cars as a youngster, and besides being heavier, fatter, balder and less nimble wanted desperately to recapture a bit of my youth with a roadster in retirement. I leaned towards a more modern model since crawling around a restored MG, Triumph, or Jaguar to keep it running was NOT in my plans; I expect to drive the daylights out of this Z, NOT "wrench" on it, so reliability and longer service intervals appealed to me. (As did the much better performance, highway manners and creature comforts!) I have added 2,000 miles to the odometer in just 4 weeks and am totally in love with this car. It is, without doubt, the finest car I have ever owned, and exceeds every expectation I had. I am one happy, sunburned, old man. Honestly, the $70,000 sticker on a new Z never entered my mind - it was TOO big of a conceit, but at this discounted price it was irresistible.
Curiously I found 5 Z4s within 100 miles of Washington D.C. with low miles, and low prices similar to mine - this was the third car I looked at. I mused about the rotten resale values, but it was my good fortune. I examined why prices were so heavily discounted and discovered three obvious reasons. First, and this my not be as true in Britain, a roadster, as a vehicle class, is impractical to many in America and requires an understanding and acceptance of what it means to own one. Americans like to spread out, carry a lot of junk and believe a larger vehicle is "safer". You can only take one of the kids with you, your mother in law won't fit, your Uncle can't get his legs to bend enough to get in it and there is no room for the monthly supply of groceries. Secondly, BMW has broadened their line with so many different performance offerings, the average American consumer can buy a similarly performing sedan with room for four AND the groceries from BMW or any number of other constructors. My attention was drawn to the Z by an article in Car and Driver that compared 4 "Luxury Performance Roadsters" which included the Mercedes SLK, Porsche Boxster, and the Chevrolet Corvette as well as the BMW Z4 35i, all of which are relatively low production volume cars for their makers. So, its a small market - here at least. Finally, my many years of experience owning, maintaining, and racing sailboats gave me a final perspective. I have often laughed at the number of serious yachts in American marinas which never leave their slips. I have raced 2 nights a week, nine months a year out of Baltimore's harbor for 25 years. I know about 40 boats originally worth $500,000 to $2.5 million that were bought for similar reasons to the ones I had with this Z. The owners found they were intimidated by their purchase and really only wanted to sit on the aft deck and have a beer instead of finding crew or developing the skills to be a decent yachtsman. The "idea" of a yacht appealed to them; the reality did not, and for that hubris, they paid huge amounts in depreciation when they finally sold them. I suspect the same is true with roadsters, and the limited market makes resale difficult enough that prices are squeezed further. So, for what it is worth, i thought this recent experience was worthy of sharing on this thread. Hope it helps illuminate things. My advice to anyone is to find a similar value, and drive it like it was stolen. After all BMWs are built to be driven, IMO, and that's my plan!
I am 65, owned a number of British Leyland, Porsche and Lotus cars as a youngster, and besides being heavier, fatter, balder and less nimble wanted desperately to recapture a bit of my youth with a roadster in retirement. I leaned towards a more modern model since crawling around a restored MG, Triumph, or Jaguar to keep it running was NOT in my plans; I expect to drive the daylights out of this Z, NOT "wrench" on it, so reliability and longer service intervals appealed to me. (As did the much better performance, highway manners and creature comforts!) I have added 2,000 miles to the odometer in just 4 weeks and am totally in love with this car. It is, without doubt, the finest car I have ever owned, and exceeds every expectation I had. I am one happy, sunburned, old man. Honestly, the $70,000 sticker on a new Z never entered my mind - it was TOO big of a conceit, but at this discounted price it was irresistible.
Curiously I found 5 Z4s within 100 miles of Washington D.C. with low miles, and low prices similar to mine - this was the third car I looked at. I mused about the rotten resale values, but it was my good fortune. I examined why prices were so heavily discounted and discovered three obvious reasons. First, and this my not be as true in Britain, a roadster, as a vehicle class, is impractical to many in America and requires an understanding and acceptance of what it means to own one. Americans like to spread out, carry a lot of junk and believe a larger vehicle is "safer". You can only take one of the kids with you, your mother in law won't fit, your Uncle can't get his legs to bend enough to get in it and there is no room for the monthly supply of groceries. Secondly, BMW has broadened their line with so many different performance offerings, the average American consumer can buy a similarly performing sedan with room for four AND the groceries from BMW or any number of other constructors. My attention was drawn to the Z by an article in Car and Driver that compared 4 "Luxury Performance Roadsters" which included the Mercedes SLK, Porsche Boxster, and the Chevrolet Corvette as well as the BMW Z4 35i, all of which are relatively low production volume cars for their makers. So, its a small market - here at least. Finally, my many years of experience owning, maintaining, and racing sailboats gave me a final perspective. I have often laughed at the number of serious yachts in American marinas which never leave their slips. I have raced 2 nights a week, nine months a year out of Baltimore's harbor for 25 years. I know about 40 boats originally worth $500,000 to $2.5 million that were bought for similar reasons to the ones I had with this Z. The owners found they were intimidated by their purchase and really only wanted to sit on the aft deck and have a beer instead of finding crew or developing the skills to be a decent yachtsman. The "idea" of a yacht appealed to them; the reality did not, and for that hubris, they paid huge amounts in depreciation when they finally sold them. I suspect the same is true with roadsters, and the limited market makes resale difficult enough that prices are squeezed further. So, for what it is worth, i thought this recent experience was worthy of sharing on this thread. Hope it helps illuminate things. My advice to anyone is to find a similar value, and drive it like it was stolen. After all BMWs are built to be driven, IMO, and that's my plan!