WOW..Z3 M Coupe's now selling for £40,OOO +.....!

WOW..Z3 M Coupe's now selling for £40,OOO +.....!

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Discussion

Bemmer

Original Poster:

1,106 posts

203 months

Sunday 17th July 2016
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Wow... who would have ever thought a Z3M coupe for sale over £50K...

CRA1G

6,542 posts

196 months

Wednesday 17th August 2016
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£55,000.... Dakar yellow done 22K.... www.parkwayspecilistcars.co.uk

GroundEffect

13,838 posts

157 months

Wednesday 17th August 2016
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Speculators are morons.


AOK

2,297 posts

167 months

Wednesday 17th August 2016
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Doesn't someone on here have a Dakar Yellow Z3M with low miles? wink

david hockney

1,204 posts

154 months

Thursday 18th August 2016
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A bit like air cooled Porsche- the price rise in both Z3MC and M3CSL in last two years has been amazing.
I love the looks of the Z3M coupe but when I test drove one I found the clutch pedal a bit cramped for me against
the left hand side of footwell......I got a 1M coupe instead which I love driving- but have to admit the Z3MC looks
the business.....

Welshbeef

49,633 posts

199 months

Thursday 18th August 2016
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GroundEffect said:
Speculators are morons.
But with 0.25% base rates and £ devaluing property a little questionable and very high entry options then why not buy a classic car have some fun and choose the right car could mean prices go up.

As such FUN and likely all up running costs and depreciation/appreciation is nothing or if it does go up a quality problem.

CRA1G

6,542 posts

196 months

Thursday 18th August 2016
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AOK said:
Doesn't someone on here have a Dakar Yellow Z3M with low miles? wink
Yes..but it's not for sale..!

Welshbeef

49,633 posts

199 months

Thursday 18th August 2016
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I've seen a rather nice silver one close to where I live in the last 2 odd months. Appears that the owner has had a M3 E46 followed by a ultra lime green Focur RS.


Good on him certainly living up to PH tradition.

Pistom

4,976 posts

160 months

Thursday 18th August 2016
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Am I on my own thinking £40K is not an unreasonable price for one of these?


Pistom

4,976 posts

160 months

Thursday 18th August 2016
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Am I on my own thinking £40K is not an unreasonable price for one of these?


Welshbeef

49,633 posts

199 months

Thursday 18th August 2016
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Pistom said:
Am I on my own thinking £40K is not an unreasonable price for one of these?
You are it's a vast amount - but if you want one and are happy with £40k then go ahead most people would touch it at those levels.

tonymor

1,481 posts

173 months

Thursday 18th August 2016
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Is this all because the later M cars are four cyclinder turbo and that's not suiting the purists of the subject ?

Welshbeef

49,633 posts

199 months

Thursday 18th August 2016
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tonymor said:
Is this all because the later M cars are four cyclinder turbo and that's not suiting the purists of the subject ?
Didn't the turbo M cars come in 12+ years after the Z3 M coupe and plenty of models surpassed the end of that model?

AOK

2,297 posts

167 months

Thursday 18th August 2016
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tonymor said:
Is this all because the later M cars are four cyclinder turbo and that's not suiting the purists of the subject ?
With that (quite valid) logic, E92 M3s with their big V8s are worth keeping an eye on in future years. Except there's no chance their values will firm up. It's simply supply vs demand. There are thousands of E92 M3s to chose from. Only a handful of Z3Ms in circulation. The amount of supply vs the amount of demand is what dictates the price.

Welshbeef

49,633 posts

199 months

Thursday 18th August 2016
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AOK said:
tonymor said:
Is this all because the later M cars are four cyclinder turbo and that's not suiting the purists of the subject ?
With that (quite valid) logic, E92 M3s with their big V8s are worth keeping an eye on in future years. Except there's no chance their values will firm up. It's simply supply vs demand. There are thousands of E92 M3s to chose from. Only a handful of Z3Ms in circulation. The amount of supply vs the amount of demand is what dictates the price.
And yet 1.3 L Escorts fetch £30k+

JNW1

7,798 posts

195 months

Friday 19th August 2016
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Pistom said:
Am I on my own thinking £40K is not an unreasonable price for one of these?
If they sell at that money I guess the price is reasonable!

Slightly off topic but all sorts of relatively mundane "classics" seem to be getting advertised for what I would consider strong (silly?) money at the moment. For example, a reputable independent specialist just down the road from me has a 1978 Mk2 Escort RS2000 with 86k miles on the clock advertised at £25k and frankly those things weren't terribly good when they were brand new in the 1970's! They've also got a Mk3 Escort RS Turbo advertised at £30k which also seems slightly daft - I had one of those back in the 1980's and for £30k I'd take a brand new M140i every time thanks very much! However, a mint Mk3 RS Turbo apparently sold for more like £60k at a Classic Auction recently so in that context perhaps this one at £30k is a bargain? Each to their own but sometimes it's a strange old world.....

BlimeyCharlie

904 posts

143 months

Friday 19th August 2016
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JNW1 said:
Pistom said:
Am I on my own thinking £40K is not an unreasonable price for one of these?
If they sell at that money I guess the price is reasonable!

Slightly off topic but all sorts of relatively mundane "classics" seem to be getting advertised for what I would consider strong (silly?) money at the moment. For example, a reputable independent specialist just down the road from me has a 1978 Mk2 Escort RS2000 with 86k miles on the clock advertised at £25k and frankly those things weren't terribly good when they were brand new in the 1970's! They've also got a Mk3 Escort RS Turbo advertised at £30k which also seems slightly daft - I had one of those back in the 1980's and for £30k I'd take a brand new M140i every time thanks very much! However, a mint Mk3 RS Turbo apparently sold for more like £60k at a Classic Auction recently so in that context perhaps this one at £30k is a bargain? Each to their own but sometimes it's a strange old world.....
I paid £20k for my 964 Turbo in 2002...
I looked at a Z3 M in 2012 that was for sale at £8k, but it was a complete dog, so declined to buy. There were several I asked about, but all seemed to have been crashed or not quite right, or were stupid money.

I also have an Italian car from the 1970's, and people keep saying how valuable it is...but it is for sale and I'm finding that people with those opinions don't want to 'invest'. Is it the 'EU' thing? Or is it the 'price is too high' thing?

CRA1G

6,542 posts

196 months

Saturday 20th August 2016
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I think it is purely supply and demand... iirc they were only 821 RHD ZMC produced of which i belive only 618 are curranty uk registerd,presumably the latter wrote off as they are well known for ther oversteer....!!! One of the most fun cars I've driven hence why id won't be selling mine...

CRA1G

6,542 posts

196 months

Monday 14th November 2016
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Silverstone Auctions have just sold a silver ZMC for £58500 inc fees...

CRA1G

6,542 posts

196 months

Wednesday 25th January 2017
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The highest I've seen advertised on PH... 2001 S54 23K £69,000...!