Discussion
Hi All,
Sorry for the generic "values" thread, and before anyone says anything - I bought my Z4M Roadster because I wanted something different, quick and interesting which would hedge myself slightly against depreciation. It's my daily, covering 400 miles a week and is by no means a garage queen.
Now that is out of the way, what do people see happening with the values of these? Have both the roadster and coupe hit their cheapest will stay there, will they depreciate lots? Will they mimic the Z3M?
Thought it might bring some interesting discussion.
Will
Sorry for the generic "values" thread, and before anyone says anything - I bought my Z4M Roadster because I wanted something different, quick and interesting which would hedge myself slightly against depreciation. It's my daily, covering 400 miles a week and is by no means a garage queen.
Now that is out of the way, what do people see happening with the values of these? Have both the roadster and coupe hit their cheapest will stay there, will they depreciate lots? Will they mimic the Z3M?
Thought it might bring some interesting discussion.
Will
IMHO
The low mileage ones will increase in price - as they have been doing for a while now.
The higher mileage ones, with low additional annual mileage (less than 5k a year) will stay steady...until the supply of low mileage models dries up and people start 'investing' in them!
Z4MC prices will remain about 10-15% higher than Z4MRs - purely as there are less coupe's (M and non-M) on the road than roadsters.
Nothing other than 'cat C/D' cars will be available below £10k.
Mine will steadily decrease in price if I keep doing 25k a year in it - but even I was surprised at the difference between a WBAC valuation and the insurance valuation after an accident (WBAC £6.5k, insurance £9.5k) - for a 150,000 mile Z4MC.
The low mileage ones will increase in price - as they have been doing for a while now.
The higher mileage ones, with low additional annual mileage (less than 5k a year) will stay steady...until the supply of low mileage models dries up and people start 'investing' in them!
Z4MC prices will remain about 10-15% higher than Z4MRs - purely as there are less coupe's (M and non-M) on the road than roadsters.
Nothing other than 'cat C/D' cars will be available below £10k.
Mine will steadily decrease in price if I keep doing 25k a year in it - but even I was surprised at the difference between a WBAC valuation and the insurance valuation after an accident (WBAC £6.5k, insurance £9.5k) - for a 150,000 mile Z4MC.
poordecisions said:
Have both the roadster and coupe hit their cheapest will stay there, will they depreciate lots?
I think that the last year has seen the Coupe increase in value quite dramatically. The roadster seems to have steadied and is not depreciating and may slowly be following the Coupe upwards, however being a convertible we always have to bear in mind the seasonality.Which seems to mirror the Z3M.
I've got cash sat waiting for a z4m coupe but they are generally overpriced crap out there recently with dealers on the optimistic make,
100k is a killer on any high revving car mentally so low miles minters will still creep, like the 993 market did but I don't think it will take off the same tbh
100k is a killer on any high revving car mentally so low miles minters will still creep, like the 993 market did but I don't think it will take off the same tbh
I agree that low milers either roadster or coupe with a good service history will always fetch strong money but it will take 10 years + before you see them attracting daft prices like the Z3M . I had S54 Z3M which I sold because I didnt really enjoy driving it .The Z4M is a much better and more engaging car to drive IMHO . And the Z4M is the last of the normally aspirated Z cars . I think with time people will come to apprecaite the roadster which I see as being similar to a Griffith but a lot more reliable .I suspect the current fad for the coupe over the roadster will in time dissappear .
I have data on M Coupes only from the last couple of years which shows a steady rise in values.
The data below shows the quantity of individual cars for sale per year with the mean mileage/ asking price (excluding CAT registered cars).
2014
Qty for sale: 95
Mileage: 50,485
Asking Price: £16,581
2015
Qty for sale: 154
Mileage: 53,652
Asking Price: £18,615
2016
Qty for sale: 117
Mileage: 55,808
Asking Price: £20,574
2017 (Jan to June)
Qty for sale: 53
Mileage: 60,199
Asking Price: £21,568
If anyone would like a copy of the spread sheet with more data then send me a PM with your email address.
The data below shows the quantity of individual cars for sale per year with the mean mileage/ asking price (excluding CAT registered cars).
2014
Qty for sale: 95
Mileage: 50,485
Asking Price: £16,581
2015
Qty for sale: 154
Mileage: 53,652
Asking Price: £18,615
2016
Qty for sale: 117
Mileage: 55,808
Asking Price: £20,574
2017 (Jan to June)
Qty for sale: 53
Mileage: 60,199
Asking Price: £21,568
If anyone would like a copy of the spread sheet with more data then send me a PM with your email address.
Edited by LostBoy84 on Friday 16th June 00:00
Are they selling at these prices?
I had one for a few years and sold it last year for a Lotus.
I had been looking at the market for ages, and it was the same ones up for sale for months at a time. In the end i sold mine for a little more than i had bought it for, which was great. But it was just below the average asking price on them.
Great cars, i loved mine.
But i do have to wonder if they are selling at these high prices?
I had one for a few years and sold it last year for a Lotus.
I had been looking at the market for ages, and it was the same ones up for sale for months at a time. In the end i sold mine for a little more than i had bought it for, which was great. But it was just below the average asking price on them.
Great cars, i loved mine.
But i do have to wonder if they are selling at these high prices?
shibby! said:
Are they selling at these prices?
I had one for a few years and sold it last year for a Lotus.
I had been looking at the market for ages, and it was the same ones up for sale for months at a time. In the end i sold mine for a little more than i had bought it for, which was great. But it was just below the average asking price on them.
Great cars, i loved mine.
But i do have to wonder if they are selling at these high prices?
In May this year at least 2 sold on AT. One advertised @ £20990 55k miler, advert stated sold. 30k miler advertised @ £23000, advert again stated sold. I suppose good ones are selling.I had one for a few years and sold it last year for a Lotus.
I had been looking at the market for ages, and it was the same ones up for sale for months at a time. In the end i sold mine for a little more than i had bought it for, which was great. But it was just below the average asking price on them.
Great cars, i loved mine.
But i do have to wonder if they are selling at these high prices?
Edited by nickrex on Friday 16th June 21:57
Great ad. Looks good. Mine had the ABD/DCS module done at 19k miles - not sure if they are age related replacements or what.
If you get approached by a buyer with the initials AM, proceed with caution. Seems genuine enough, VERY long emails exchanged over 18 months when the car wasn't even actually for sale. Told him a number of times I'd only part for a top offer. Dragged on, eventually told him not to waste either of our time. He came back a few months later ready to buy, desperate to see car - 4 weeks later he eventually made it to see the car, got me out of bed early on a Sunday morning, turned up over an hour late. kicked the tyres and bid me what I'd already told him 10 times by email was not of interest.
Got all upset when I said he'd wasted both out time. Wanted inspection 2 done (much ahead of BMW guidance) and a warranty although not prepared to pay for it.
I left him with the parting shot: If you want showroom quality, pop into Hexagon, they have a stunner - for 49,995.
Just checked - he sent me 26 emails.
Waste of time.
If you get approached by a buyer with the initials AM, proceed with caution. Seems genuine enough, VERY long emails exchanged over 18 months when the car wasn't even actually for sale. Told him a number of times I'd only part for a top offer. Dragged on, eventually told him not to waste either of our time. He came back a few months later ready to buy, desperate to see car - 4 weeks later he eventually made it to see the car, got me out of bed early on a Sunday morning, turned up over an hour late. kicked the tyres and bid me what I'd already told him 10 times by email was not of interest.
Got all upset when I said he'd wasted both out time. Wanted inspection 2 done (much ahead of BMW guidance) and a warranty although not prepared to pay for it.
I left him with the parting shot: If you want showroom quality, pop into Hexagon, they have a stunner - for 49,995.
Just checked - he sent me 26 emails.
Waste of time.
Cheers Olf.
Strangely enough I have already been contacted by someone whose email address suggests they could be AM. Quick bit of googling reveals he is a small trader who appears to have an MC for sale. He said he wants a low mileage one to keep for himself...
I have also had a very constructive telephone conversation with a very genuine sounding guy who is coming to see the car tomorrow. He bought one new in '08 and regrets selling it.
Strangely enough I have already been contacted by someone whose email address suggests they could be AM. Quick bit of googling reveals he is a small trader who appears to have an MC for sale. He said he wants a low mileage one to keep for himself...
I have also had a very constructive telephone conversation with a very genuine sounding guy who is coming to see the car tomorrow. He bought one new in '08 and regrets selling it.
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