Z4MC values (again!)

[BMWZ4MC]

Mine gets an interim oil service every 6-7k miles, brake fluid is changed at least annually and more often than not it's 2-3 times a year.

I've had my OBC changed to flag up the need for service at half the usual interval to remind me to perform interim oil services - I just don't think a highly strung engine such as ours should be serviced so infrequently, especially one that spends a great deal of time near the red line . I change my brake fluid every two years or few track days depending which is sooner.

 

[peddy]

peddy - that is a difficult one as the dealer is often wrong when it comes to "proper" servicing.

The exact reason why I raised my comment.

 

[Skelts]

Markos,

I totally agree, to come onto a Z4 forum suggesting you are looking for a Z4MC and continually moaning that they are all over priced, to me only suggests one thing!

Furthermore the prices stated on Parkers or whereever do not reflect a true guide to the values in which the cars are actually trading hands.

I can be very critical of this as I purchased my 07 Z4MC with only 8k on the clock in December 2011 and know what i paid and what similar cars were being sold for. I am very happy with what i paid for my car, however according to your logic i probably overpaid to the tune of £5k!

These are great and somewhat rare cars. I highly recommend one. So i would suggest if your after a good example you'll have to pay the going rate.

Hi Skelts, yes, I agree on Parkers etc, I've never personally used such guides when buying or selling.

Your 8k MC sounds awesome! I love finds like that, when I was looking there was a low-specced one with 2.5k on the clock going for very reasonable money bearing in mind those miles!

Do you mean my logic Skelts? I presume you paid more than the typical example on say PH? But with those miles I'd expect your car to cost more, so that all makes sense to me as the average car on PH has 20-40k on the clock, not 8k. Trust me, if I found a white MC with the spec I wanted I'd have happily paid £1k-£2k more than a comparable car in black (my next choice after white) as it's rare and I think they look great in white.

Marcos,

Yes the car is great and a real spotless example with one owner, who luckily was quiet anal about his car. I paid good money for the car from a main dealer but the car is as good as new. However, compared to others advertised at the same time i wouldn't say i paid well over the top.

Now if i had found a white one?????

 

[Skelts]

Markos,

I totally agree, to come onto a Z4 forum suggesting you are looking for a Z4MC and continually moaning that they are all over priced, to me only suggests one thing!

Furthermore the prices stated on Parkers or whereever do not reflect a true guide to the values in which the cars are actually trading hands.

I can be very critical of this as I purchased my 07 Z4MC with only 8k on the clock in December 2011 and know what i paid and what similar cars were being sold for. I am very happy with what i paid for my car, however according to your logic i probably overpaid to the tune of £5k!

These are great and somewhat rare cars. I highly recommend one. So i would suggest if your after a good example you'll have to pay the going rate.

Hi Skelts, yes, I agree on Parkers etc, I've never personally used such guides when buying or selling.

Your 8k MC sounds awesome! I love finds like that, when I was looking there was a low-specced one with 2.5k on the clock going for very reasonable money bearing in mind those miles!

Do you mean my logic Skelts? I presume you paid more than the typical example on say PH? But with those miles I'd expect your car to cost more, so that all makes sense to me as the average car on PH has 20-40k on the clock, not 8k. Trust me, if I found a white MC with the spec I wanted I'd have happily paid £1k-£2k more than a comparable car in black (my next choice after white) as it's rare and I think they look great in white.

And what was the service history like for these two low mileage examples?
the 8k one, did it have 3 stamps? An in running and 2 oil services?

Peddy

Good question,

Their original stance was the there still remained 9k to next sevice, although the 2 year maximum limit was approaching within the next 3 months.

There was a good debate in the garage before i did the deal. But sufficice to say my car has 3 main dealer stamps.

Running in service
Oil service
Inspection 1

I'll service the car more regulary than this, especially if, or when she finds her way to the track, although i will only do 3-4k a year in the car.

I suppose this is a problem with all very low mileage cars

 

[Paza3]

Slightly extreme valuation on second hand Z4MC's, exdos. Those numbers seem a little off. Parkers is currently showing an average mileage good spec example on a 56 plate as:

Franchise Dealer: £16776
Independent: £16031
Private Good: £14946

Agree with you to some extent with the Z3MC and happy to hear you made that investment. That particular example of course is quite a 'marmite' car with a lot of people so you're probably going even more niche with your prospective market there too.

Good luck selling Sully and apologies for the thread hijack. Sorry to hear you have to sell but the R32 should ease your pain.

Firstly sorry to drag this up ... made an interesting read in the real sense of debate it was that I was curious on the pricing ... and started t look into it...

Anyway is this right just went on parkers 2 weeks later same search as above.... did not think the budget was going to affect car prices this much!

Franchised Dealer
More info £13,285
Independent Dealer
More info £12,570
Private Good
More info £11,535

http://www.parkers.co.uk/cars/prices/used/bmw/z4/m-2006/33896/?yearplate=81

Am I missing something but that hell of a drop in 2 weeks.. , notice the 3.0si have had a wee drop in the past few months

Not looking open yet another debate on the matter to frustrate regarding prices etc but was more confused on the information above ... more so why?

 

[original guvnor]

Ignore Parkers. They may as well just make stuff up. I've never yet found them accurate on any car I've been looking to buy or sell.

As I have said far too many times already on this thread, there were not many of these cars in the first place, there are now even fewer low mileage, immaculate ones with a proper maintenance history. For these examples you can completely ignore Parkers/Glasses because these cars are moving out of the realm of mainstream user and into that of weekend user/enthusiast/classic car owner.

 

[M@r]{]

Based on my search for the few months leading up to and after Christmas I would say the asking price of these has increased. Early Feb alone I had the choice of 3 Z4MC's for under £14500. Apart from that red one they don't seem to be going much below £16k for around the 50-60k miles mark.

 

[Cheburator]

{"]Based on my search for the few months leading up to and after Christmas I would say the asking price of these has increased. Early Feb alone I had the choice of 3 Z4MC's for under £14500. Apart from that red one they don't seem to be going much below £16k for around the 50-60k miles mark.

Asking price is one thing, achieved price is another... To give you an idea, granted it is not a Z4MC, a friend is trying to shift his E60 M5... He has owned it from new - 2006, 21k miles, FBMWSH, BMW Warranty, optioned to the hilts, asking for 21k... Not a single viewing...

 

[M@r]{]

I was considering those M5's during my search, most seemed to be up for less than £20k so not really surprised he is struggling. I admit I can't remember the exact specs of those (ie if the mileage was higher)

We had a similar discussion on another forum. The general opinion seems to be people, in particular dealers, are pricing their cars closer to a "no offers" price, to get people in to view. Ie less open to negotiation. Sign of the times perhaps? This was certainly my experience when looking and calling dealers. Quite often I was looking just above my budget, then calling and asking if they would accept less. More often than not I got a no or at best take £250 off :roll:

 

[SteveNotto]

{"]Based on my search for the few months leading up to and after Christmas I would say the asking price of these has increased. Early Feb alone I had the choice of 3 Z4MC's for under £14500. Apart from that red one they don't seem to be going much below £16k for around the 50-60k miles mark.

Asking price is one thing, achieved price is another... To give you an idea, granted it is not a Z4MC, a friend is trying to shift his E60 M5... He has owned it from new - 2006, 21k miles, FBMWSH, BMW Warranty, optioned to the hilts, asking for 21k... Not a single viewing...

I am not surprised the M5 isnt selling as the running costs are horrendous. A friend of mine has an 07 M5 Touring. He lives near leicester and works in Reading a round trip of about 230 miles. Incredibly he cant make the trip to work and back without refueling ! He averages 15-16 mpg. Luckily he has a company fuel card so isnt too bothered ( other than going to a petrol station every working day ) however for anyone else the running costs in fuel alone are prohibitive , even before factoring in tyres , servicing etc.

 

[JaEdBa]

There were several M5s priced at around £16-17k when i looked around just after christmas.

I must confess i get a bit perplexed by the whole 'm' v 'non m' price debate..there are people quoting mpg figures and insurance quotes as the differential in running costs between the two, that's the tip of the iceburg and easy to budget for.

try looking at replacement brake discs, clutches and diffs...that's where the real disparity in cost lays, not 4mpg less in fuel economy!

If I went to look at a m car and it's had one owner from new and has been cherished, then, to me, it will command a premium - someone trying to use the lowest priced car on the market as a benchmark for another seller's pricing is a bit silly - go buy the cheap car off autotrader and put the difference in the bank, cos you'll need it!

same with parkers, i don't think a car would be on the market long if anyone used their prices..i've always looked on their absolute top book price as a decent guide for private buying!

I wouldn't touch an M5 for £16k, neither would i want to spend much less on a z4m, and, as an upfront cost, sometimes I do think the m is worth the extra over the 3.0, it's a never ending debate......

 

[Cheburator]

Wells spotted Jedba...

I said my friend's M5 has been cherished from new - try and find a 2006 car with 21k on the clock AND with almost every option ticked AND with FBMWSH AND BMW Warranty AND wanting for nothing for at least 10k miles... Of course you can buy an E60 M5 for much less, but "Do you feel lucky, punk? Well, do ya?"

I run an E61 M5 as the family car and I don't have a fuel card. The fuel bill is soooo insignificant when compared to discs/tyres/clutch that is unreal. Do you honestly think that there are cars out there that can do 204mph and return 40mpg+

 

[dgm]

There were several M5s priced at around £16-17k when i looked around just after christmas.

I must confess i get a bit perplexed by the whole 'm' v 'non m' price debate..there are people quoting mpg figures and insurance quotes as the differential in running costs between the two, that's the tip of the iceburg and easy to budget for.

try looking at replacement brake discs, clutches and diffs...that's where the real disparity in cost lays, not 4mpg less in fuel economy!

If I went to look at a m car and it's had one owner from new and has been cherished, then, to me, it will command a premium - someone trying to use the lowest priced car on the market as a benchmark for another seller's pricing is a bit silly - go buy the cheap car off autotrader and put the difference in the bank, cos you'll need it!

same with parkers, i don't think a car would be on the market long if anyone used their prices..i've always looked on their absolute top book price as a decent guide for private buying!

I wouldn't touch an M5 for £16k, neither would i want to spend much less on a z4m, and, as an upfront cost, sometimes I do think the m is worth the extra over the 3.0, it's a never ending debate......

Absolutely spot on.