3.0si Z4C – fast appreciating classic?
Discussion
Vroomer said:
sjj84 said:
Not sure about fast appreciating, but they are slowly slowly rising.
I think my headline may have over-stated the case! Your assessment is probably more accurate. They are definitely moving upwards, which is a pleasant change compared to most cars!Just checked my 3.0si Sport E86 on WBAK: £4750! Parkers reckons £7585 for a private sale in good condition. PH Classifieds start at £9000.
Really want to keep mine but also hankering for a convertible again (used to own an E36 Cabriolet). A 4 seater will also be useful at times with a child and another on the way (we do have a Passat as a sensible car though). It's only the stability of prices that is justifying me keeping it at the moment to be honest as I have a lot to lose financially if I bought something else.
Really want to keep mine but also hankering for a convertible again (used to own an E36 Cabriolet). A 4 seater will also be useful at times with a child and another on the way (we do have a Passat as a sensible car though). It's only the stability of prices that is justifying me keeping it at the moment to be honest as I have a lot to lose financially if I bought something else.
I bought mine with one eye on the residuals compared to the competition. In my eyes, the M will be the classic and I can't see the Si increasing in value much unless the mileage is very low. I think these will become quite mileage sensitive in the next couple of years.
Perhaps if the z5 is more like the e86 there will also be a hit on values. They should have made this:
Perhaps if the z5 is more like the e86 there will also be a hit on values. They should have made this:
Vroomer said:
Wills2 said:
The one on my drive cost 36k and is now worth 10k after 10 years and 37,000 miles, so it's a no from me.
Depreciation of £26k over 10 years is £2.6k pa. That's cheap motoring. How many other £36k cars would still be worth £10k?Shoegrip said:
Ahbefive said:
No chance.
Not sure if serious But not fast appreciating. That's for sure.
In 10 or 20 years they will innevitably go up again as all old cars eventually seem to do if they stay in good condition but the 3.0 is certainly not a fast appreciating car. Wait and see.
Ahbefive said:
Very serious. The M-Coupe will appreciate but the 3.0 will depreciate further over the next 5 years.
In 10 or 20 years they will innevitably go up again as all old cars eventually seem to do if they stay in good condition but the 3.0 is certainly not a fast appreciating car. Wait and see.
This is probably true. Also most will have too many miles on by the to be worth anything so the small number that are left with sub 50k miles or so on them will be the ones that do rise.In 10 or 20 years they will innevitably go up again as all old cars eventually seem to do if they stay in good condition but the 3.0 is certainly not a fast appreciating car. Wait and see.
mike74 said:
No, not a "fast appreciating classic" at all, just another run of the mill vaguely sporty car that chancers are trying to ramp up the price of in this credit fuelled asset price bubble.
?Probably one of the best straight six petrol engines ever made (and no longer available in N/A form new), in a RWD chassis, two seater, low slung coupe body, capable of a decent turn of speed and great run for a cross country run. Built in limited numbers too.
Hard to think as to why that makes it (a) only vaguely sporty, and (b) not likely to appreciate further?
And likewise the "credit fuelled asset price bubble"? I think the Z4 coupe is well outside the typical PCP / 3 year finance cycle, and too low value to be seeing "investers"
I'm not sure your statement could be more wrong if you tried?
mike74 said:
No, not a "fast appreciating classic" at all, just another run of the mill vaguely sporty car that chancers are trying to ramp up the price of in this credit fuelled asset price bubble.
In fairness to you, at least your message is consistent. You were banginging the same drum almost verbatim about the Z4MC this time last year...mike74 said:
Their "value" all depends how much longer the QE and ZIRP fueled cheap and easy credit binge is going to continue inflating the current asset price bubble.
.... And of the Honda S2000mike74 said:
I'd be more impressed if you could find an example of any old-ish, rare-ish car that ISN'T being described as an ''appreciating classic'' in this current ridiculous debt fuelled asset price bubble...
.... and an Audi RS4mike74 said:
Kierkegaard said:
I'd like to see the person paying that money at the moment for an old RS4.
Believe me, in this current asset price bubble fueled by cheap debt... there will besome idiot.
mike74 said:
I doubt there are many cars out there right now, let alone Subarus, that represent good value for money in terms of purely investment purposes, unless it's ultra low milage and you're prepared to treat it strictly as a garage queen for at least another 10 years.
All classic motorbikes....mike74 said:
The only reason that most things are in a bubble at the moment, property, cars, bikes, is due to the availability of cheap and easy credit rather than these things suddenly being 'worth' more than they ever were before, so you just need to ask yourself how much bigger and for how much longer is the current debt spree going to continue for before the free money taps get turned off?
BMW M5mike74 said:
The "value" of just about every car out there has gone up thanks to all the cheap credit being thrown around creating asset price bubbles... wait until the free money taps eventually get turned off and then see how that "value" is looking
BMW 1Mmike74 said:
As someone mentioned back on page 1... the current high prices of most cars, especially classics and exotica, has far more to do with the glut of cheap and easy finance rather than the cars actually being 'worth more'
Whats quite banal is you seem to find those threads, post one comment, then not comment again on them? If you do happen to come back to this thread, rather than just posting a negative post, why not give us an insight into what you think would be a good buy as a modern classic? Or perhaps what you drive that you can share with us your success story?
Edited by daemon on Sunday 19th March 16:45
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