What is the deal with the Z4M?

What is the deal with the Z4M?

Author
Discussion

Nano2nd

3,426 posts

258 months

Friday 22nd February 2008
quotequote all
Bumcrack said:
paoloh said:
I seem to remember about 2 months ago, saying that these cars would firm up and possibly rise in value and everybody laughed at me on here. I even had flying pigs. I am now taking a bow and exiting, stage left.
Hi

I responded with the flying pig comment a couple of months ago and see no reason why you're trying to infer that some how you were right. Prices are still dropping; look at the classifieds ads, there's a few cars at 26k and a couple more at less than 30k. At the time you inferred prices would go up. This certainly is not the case.

The trend is still down, which is really unfortunate for current owners. I plan to purchase a Coupe shortly, but see no reason why I should have bought over the last 5 months, the last 2 months have seen at least a 2 K drop . I really liked the Z4M coupe on my test drive and would have bought one instead of the Cayman S, if it had been on sale at the time. I can’t understand the price drops either.???


aabbaa1980, you DO come across as rude.
this isn't quite correct, yes there are some older cars on there that are now less than 30k, we i bought in october the cheapest ones were exactly 30k - but thats the best part of 6 months ago!

as i said above cars that are 3 months old and done less that 2000 miles (like what mine had done when i bought it) are acutaly forsale at more than mine was advertised for, let alone what i acutally paid..

anyway the facts of life are 99% of all new/nearly new cars depreciate! get over it, or forever drive and old banger and be content your saving a packet on depreciation...

scotia_steve74

653 posts

229 months

Friday 22nd February 2008
quotequote all
Agree.

The cars that are under 30k are about 2 years old. Big difference in terms of those and more recent cars.

All cars depreciate, I lost 9k in one year on a Boxster and the M is no different.


I always wonder if people are deliberately trying to bid the prices down so they can buy one for less.....

Bumcrack

977 posts

267 months

Friday 22nd February 2008
quotequote all
Nano2nd said:
Bumcrack said:
paoloh said:
I seem to remember about 2 months ago, saying that these cars would firm up and possibly rise in value and everybody laughed at me on here. I even had flying pigs. I am now taking a bow and exiting, stage left.
Hi

I responded with the flying pig comment a couple of months ago and see no reason why you're trying to infer that some how you were right. Prices are still dropping; look at the classifieds ads, there's a few cars at 26k and a couple more at less than 30k. At the time you inferred prices would go up. This certainly is not the case.

The trend is still down, which is really unfortunate for current owners. I plan to purchase a Coupe shortly, but see no reason why I should have bought over the last 5 months, the last 2 months have seen at least a 2 K drop . I really liked the Z4M coupe on my test drive and would have bought one instead of the Cayman S, if it had been on sale at the time. I can’t understand the price drops either.???


aabbaa1980, you DO come across as rude.
anyway the facts of life are 99% of all new/nearly new cars depreciate! get over it, or forever drive and old banger and be content your saving a packet on depreciation...
I’m not sure what this is meant to mean, didn't realise a discussion on Pistons Heads meant I had a hang up to get over confused
Just an observation that prices have continued to soften, try and sell your car and you’d see what its worth, not what you think or hope I’d wager.

I’m responding in the main to claims Z4M prices have gone up, their haven’t nor will they.

Regards




Hoolio

1,163 posts

223 months

Friday 22nd February 2008
quotequote all
I have just sold my Z4M and was shocked at the prices dealers were offereing me for the car, which bought 2nd hand in November 07.

At the end of the day these cars aren't selling well, I'm told it's because people are buying Gaymans, additionally the M was over-priced to begin with.

Look at the prices of the Z3M, these are going up if anything, I believe there is an S54 in the classifies for just under 22k, the car is 7 years old for god's sake.

Cars depreciate - fact. Some cars values will increase over time but I don't think the Z4M will be one of them.

If you're in the market to by a Z4M you will be able to get a good deal.




shunt

971 posts

227 months

Friday 22nd February 2008
quotequote all
You can advertise a Z3MC for whatever you want to, finding someone to buy it for 22K is another thing altogether. I used to have one although a cracking motor, they are now an old car. As said 99% of cars depreciate, both the Z3MC and the Z4MC WILL depreciate. I didn't buy mine to make money, get over it peeps, a 4-5k a year loss will happen.

Deutscher

1,430 posts

221 months

Friday 22nd February 2008
quotequote all
shunt said:
a 4-5k a year loss will happen.
I don't think anyone has a problem with that.

However, some of the early Z4MC buyers took a £10k hit in 6 months.

Deutscher

1,430 posts

221 months

Friday 22nd February 2008
quotequote all
scotia_steve74 said:
I always wonder if people are deliberately trying to bid the prices down so they can buy one for less.....
It's laughable to suggest that banter on a PH forum is actually going to move markets!

You simply can't 'talk' the value of a car up or down in such a way.

Hoolio

1,163 posts

223 months

Friday 22nd February 2008
quotequote all
Deutscher said:
scotia_steve74 said:
I always wonder if people are deliberately trying to bid the prices down so they can buy one for less.....
It's laughable to suggest that banter on a PH forum is actually going to move markets!

You simply can't 'talk' the value of a car up or down in such a way.
Sell, sell, sell...run for the hills hehe

kentmotorcompany

2,471 posts

212 months

Friday 22nd February 2008
quotequote all
Hoolio said:
Deutscher said:
scotia_steve74 said:
I always wonder if people are deliberately trying to bid the prices down so they can buy one for less.....
It's laughable to suggest that banter on a PH forum is actually going to move markets!

You simply can't 'talk' the value of a car up or down in such a way.
Sell, sell, sell...run for the hills hehe
In a small niche market like we are talking about. I think it possibly does have a small effect. I of course have no proof of this, just my humble opinion.

The few cars that are now sub £30k, now are all low spec, higher mileage, older cars. Therefore not comparable to the few month old, high spec, low mileage models we have been talking about.

Yes there are a few more cheaper cars available now, but like for like cars are priced almost exactly the same as they were 6 months ago.

scotia_steve74

653 posts

229 months

Friday 22nd February 2008
quotequote all
It's all marketing, people read forums before buying - I did and it does influence. People can be so bitter though, it's sad as they are propbably driving a 1999 Corsa themselves and have never driven the car! LOL!

The focus should be on how the car drives anyway, isn't that why we buy them and if the glove fits...

Would rather have the M than the Cayman S which I test drove back to back twice and having owned several Porsche's including the GT3 Mk 2 the M4 Coupe was up there with the best(including the CSL which it reminded me of a bit).

Buy the Z4M Coupe, haggle the price down and get yourself an absolute bargain in terms of a true drivers car.

Nano2nd

3,426 posts

258 months

Friday 22nd February 2008
quotequote all
Bumcrack said:
I’m not sure what this is meant to mean, didn't realise a discussion on Pistons Heads meant I had a hang up to get over confused
Just an observation that prices have continued to soften, try and sell your car and you’d see what its worth, not what you think or hope I’d wager.

I’m responding in the main to claims Z4M prices have gone up, their haven’t nor will they.

Regards
my comments weren't aimed directly at you smile just towards the potential purchasers (on this thread) that are worried if they spend £30k+ on a Z4M (and acutaly use it) they will loose money... err... you WILL loose money, simple wink

i've put over 7000 miles on my car since october, some of the warranty is gone, the tyres, brakes, clutch are more worn and its got lots more stone chips (there weren't any when i bought it LOL) - i'm under no illusion its worth less than i paid...

Cars like this shouldn't be purchased with the impending monetary value in mind, yes mines cost me money, but do i feel like i've had that amount of value from it in enjoyment? - you bet your ass i have biggrin

i'm still convinced once the management cars have gone and production stops things will change - CSL took at massive hit, now look at them, good cars keep climbing.

VtecLover

111 posts

200 months

Friday 22nd February 2008
quotequote all
Similiar spec maybe but each car has its own credits.
End of the day, its a buyers market at the minute.
If the seller wants to sell it then they will have to price it competitively, maybe the guy doesnt want to sell it or he is open to offers.

Rich H

170 posts

210 months

Friday 22nd February 2008
quotequote all
Deutscher said:
I don't think anyone has a problem with that.

However, some of the early Z4MC buyers took a £10k hit in 6 months.
VAT would account for a good chunk of that? Stripping that out, true 'value' lost doesn't seem as bad. Still cash out of someone's pocket though.

scotia_steve74

653 posts

229 months

Friday 22nd February 2008
quotequote all
Nano2nd said:
Bumcrack said:
I’m not sure what this is meant to mean, didn't realise a discussion on Pistons Heads meant I had a hang up to get over confused
Just an observation that prices have continued to soften, try and sell your car and you’d see what its worth, not what you think or hope I’d wager.

I’m responding in the main to claims Z4M prices have gone up, their haven’t nor will they.

Regards
my comments weren't aimed directly at you smile just towards the potential purchasers (on this thread) that are worried if they spend £30k+ on a Z4M (and acutaly use it) they will loose money... err... you WILL loose money, simple wink

i've put over 7000 miles on my car since october, some of the warranty is gone, the tyres, brakes, clutch are more worn and its got lots more stone chips (there weren't any when i bought it LOL) - i'm under no illusion its worth less than i paid...

Cars like this shouldn't be purchased with the impending monetary value in mind, yes mines cost me money, but do i feel like i've had that amount of value from it in enjoyment? - you bet your ass i have biggrin

i'm still convinced once the management cars have gone and production stops things will change - CSL took at massive hit, now look at them, good cars keep climbing.
So do you love it? I knew within 300 yards it was the car for me and having searched around for a great deal on a brand new car, pick up an Interlagos Blue car on an 08 plate, early March!

You're totally right, of course cars lose money the more we drive them. Picking one up for 46k - no way, but after they stop making them and the first year losses, it will balance out. Such a good car in my opinion! Boxsters lose the same (higher spec S cars that is)...

Brilliant car, just find the right one for the right price and go for it, you won't look back!

Edited by scotia_steve74 on Friday 22 February 17:48

aabbaa1980

434 posts

198 months

Friday 22nd February 2008
quotequote all
kentmotorcompany said:
Maybe the odd expensive looking Z4M Coupe in the market might help hold the prices up, slightly more than otherwise. Can you imagine what would happen to the prices, if everyone who had one for sale tried to compete to make their own one the cheapest.
clearly some people do expect to hold onto their money and try as hard as they can to do so... they put in their cars into the paper/websites at inflated prices then they get moody when people say that that car is £6k over priced.

No logic! If i'm rude, bite my bum!

gunner

710 posts

232 months

Friday 22nd February 2008
quotequote all
out of interest,when do they stop making them?

aabbaa1980

434 posts

198 months

Friday 22nd February 2008
quotequote all
gunner said:
out of interest,when do they stop making them?
interesting question...

and i suppose the next question is when does the Z5 come out??????