I can only speak for mine. I've had it almost 10 years now and it's the most reliable car I have ever owned. 12k when I bought it, 74k now. Only problems have been the radiator fan failed and the flip up screen failed. I have never bothered to fix the later, as it's is a waste of space and used to annoy me every time it flipped up. :wink: Best by a car without one if you can. Mine lives in the warm and seldom gets wet, so still has the roof motor where BMW put it. Never been an issue but I get why most people move them. Due to the very thick oil it's important that the engine is properly warmed up before pressing the loud pedal. This can take several miles on a cold day. It's the oil temp that you should watch. The coloured scale around the rev counter is for air temp and more show than practical use, so check the previous owner warms it up properly. On such a low mileage engine there should be no issues at all. But listen for ticking around 1500-2200 rpm. a little is perfectly normal and you will soon ignore it completely. A lot could mean the Vanos needs an overhaul. As with many cars of the period be sure to press the clutch in when starting or stopping the engine or it sounds clunky, perfectly normal but not a pleasant sound.
Check the service history. on a low mileage car it will likely be bi annual.
Running in Service around 1200 miles.
Oil Service, brake fluid change
Ins 1, Valve clearance check and record, brake fluid change
Oil Service, brake fluid change
Ins 2, Valve clearance check and record, brake fluid change, Gear box Oil Change, Rear Diff Oil Change.
and repeat
Ins 1 is £500-£600, at a good independent garage. double at a main stealer
Ins 2 is £700-£800
Check the brakes, New disks and Pads all around is £600-700. Cheaper than it used to be happily.
These cars need good tyres, so be sure they are fitted, or the previous owner didn't care as much as they should.
The Z4MR is not a modern get in a drive it car. It needs to be warmed. Then it needs to be driven properly. They do not reward poor driving like a Boxster does. They do reward in spades, when you get it right, roof down, hoof down and enjoy. You can bumble along, but there are many cars better at cursing than an MR.
Enough of my ramblings. Enjoy the hunt.