Z4M - Values

Z4M - Values

Author
Discussion

doclip

349 posts

223 months

Saturday 11th August 2018
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Basically if you want a practical comfortable roadster with a big engine and lots of power for sensible money its hard to find find anything better IMHO in terms of bang for buck .
Every year I toy with the idea of changing it TBH more out of boredom -but then after considering the alternatives I end of sticking with the M .
And the S54 engine was winner in its class of engine of the year or something like 5 years in a row .
OK so maybe its not as refined as a Boxster S or as nimble as an S2K or as pretty as an XKR but it has a certain elan which is hard to match .
I've also considered swapping into Nissan 350z and 370z roadsters [and even a Caterham 21] as kindred alternatives but somehow they just don't seem to cut it in terms of road presence .
I would love the idea of another TVR but decent Griffs are still going for silly money and anything with the speed six engine like a Tuscan is too big a risk .
I bought mine after I watched Jason Plato's review on 5th gear -that really sold it to me - I knew then that I had to own one at some stage .
Prices have now more or less botommed out -need to pay around 12-13k for a decent one with 80k miles -maybe 15-16k for one with 40k miles .
Either way you wont lose money over a few years -not many modern cars you can say that of to be fair .




Edited by doclip on Saturday 11th August 11:09

Simon BB

284 posts

215 months

Friday 17th August 2018
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Wow, my car is now for sale at Hexagon for 40k!!!

Bought by me 4 years ago for 19k, sold to Hurlingham Motors 1 month ago for 28k, advertised by them for 36k .....now up at Hexagon for 40k......great work!

To be clear to any prospective buyer, yes this is a lovely car but (and it's not really a biggie) this car DOES NOT HAVE A FULL BMW SERVICE HISTORY......IT MISSED IT'S RUNNING IN SERVICE ......first service was at 7k.

Use that as leverage even if they have subsequently manipulated the service records since, ahem....which would never happen obviously!

S


Simon BB

284 posts

215 months

Friday 17th August 2018
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feck me these cars ain't 40k's worth! that's nuts

Driver101

14,376 posts

121 months

Friday 17th August 2018
quotequote all
Simon BB said:
Wow, my car is now for sale at Hexagon for 40k!!!

Bought by me 4 years ago for 19k, sold to Hurlingham Motors 1 month ago for 28k, advertised by them for 36k .....now up at Hexagon for 40k......great work!

To be clear to any prospective buyer, yes this is a lovely car but (and it's not really a biggie) this car DOES NOT HAVE A FULL BMW SERVICE HISTORY......IT MISSED IT'S RUNNING IN SERVICE ......first service was at 7k.

Use that as leverage even if they have subsequently manipulated the service records since, ahem....which would never happen obviously!

S
It claims full service history in the advert.

Simon BB

284 posts

215 months

Friday 17th August 2018
quotequote all
Exactly! I traced it through BMW UK and all the dealer franchises that car was retailed and serviced through and the run in was not done. No record anywhere.......interesting if now miraculously a record has appeared .....i'm sure various traders will have their 'contacts'

Service book was filled in at 2,300 miles but no dealer stamp which raised the initial suspicion

S

200Plus Club

10,767 posts

278 months

Friday 17th August 2018
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Simon BB said:
feck me these cars ain't 40k's worth! that's nuts
It's priced at £40k but that doesn't mean it's worth 40k. They are well known for overpricing cars.

illmonkey

18,205 posts

198 months

Friday 17th August 2018
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Driver101 said:
Simon BB said:
Wow, my car is now for sale at Hexagon for 40k!!!

Bought by me 4 years ago for 19k, sold to Hurlingham Motors 1 month ago for 28k, advertised by them for 36k .....now up at Hexagon for 40k......great work!

To be clear to any prospective buyer, yes this is a lovely car but (and it's not really a biggie) this car DOES NOT HAVE A FULL BMW SERVICE HISTORY......IT MISSED IT'S RUNNING IN SERVICE ......first service was at 7k.

Use that as leverage even if they have subsequently manipulated the service records since, ahem....which would never happen obviously!

S
It claims full service history in the advert.
AUC's have to have a full service. Is it possible you just didn't have a stamp and the garage found records? Or maybe they found records...

I've been following this thread for a while, as I have a roadie, and I've always believed I'd break even, give or take. Bought from BMW for £15,800 at 49k, now at 80k, I think it's probably worth (privately) about £13k. I suppose BMW would sell it for close to what I paid though...

MikeGoodwin

3,340 posts

117 months

Friday 17th August 2018
quotequote all
Simon BB said:
Wow, my car is now for sale at Hexagon for 40k!!!

Bought by me 4 years ago for 19k, sold to Hurlingham Motors 1 month ago for 28k, advertised by them for 36k .....now up at Hexagon for 40k......great work!

To be clear to any prospective buyer, yes this is a lovely car but (and it's not really a biggie) this car DOES NOT HAVE A FULL BMW SERVICE HISTORY......IT MISSED IT'S RUNNING IN SERVICE ......first service was at 7k.

Use that as leverage even if they have subsequently manipulated the service records since, ahem....which would never happen obviously!

S
Absolutely mental.



200Plus Club

10,767 posts

278 months

Friday 17th August 2018
quotequote all
Hexagon are known chancers . Good luck if they find a mug to pay £40k which tbh is £10k too much.

Shaoxter

4,080 posts

124 months

Friday 17th August 2018
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Driver101 said:
It claims full service history in the advert.
90% of all adverts which say FSH will not be FSH, it's pretty much a throwaway term.

Driver101

14,376 posts

121 months

Friday 17th August 2018
quotequote all
Shaoxter said:
Driver101 said:
It claims full service history in the advert.
90% of all adverts which say FSH will not be FSH, it's pretty much a throwaway term.
I wouldn't expect a BMW dealer selling a car at top price getting it so wrong.

Most other adverts specifically include "The all important run in service" and highlight it was done at the correct time.

I wouldn't be too bothered above a brake fluid change being missed from the service book. No running in service is a significant omission.

cerb4.5lee

30,673 posts

180 months

Friday 17th August 2018
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200Plus Club said:
Hexagon are known chancers . Good luck if they find a mug to pay £40k which tbh is £10k too much.
More like £30k too much! hehe The Z4M was miles overpriced from new for me, you've only got to sit in/drive one to realise that you don't get much for the money.

Fair play to the owners/investors though for sure. smile

200Plus Club

10,767 posts

278 months

Friday 17th August 2018
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I can see why nice ones are now fetching 20k and up, not saying they are worth it tho but it's a market creep. It's similar to the 993 market where some traders seem to take the piss and stay in business, like hexagon, hendon way etc. Bizarre!

Billy_Whizzzz

2,008 posts

143 months

Sunday 19th August 2018
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Seem to be quite a few for sale at the moment and prices don’t look that strong, particularly with many of those for sale having been for sale for a while

Olf

11,974 posts

218 months

Sunday 19th August 2018
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Quite a few is relative isn't it. There are far fewer than any other real M car and if you want one that's done less than 50 k you have a choice 12 nationally of which 4 are coupes. In fact there are 10 times as many Caymans of the same vintage and mileage available.

So not really that many.

Driver101

14,376 posts

121 months

Sunday 19th August 2018
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Olf said:
Quite a few is relative isn't it. There are far fewer than any other real M car and if you want one that's done less than 50 k you have a choice 12 nationally of which 4 are coupes. In fact there are 10 times as many Caymans of the same vintage and mileage available.

So not really that many.
They aren't selling though. The cars that are moving are the ones with 70-80k and they are up for around £15,000. One at a dealer looked tidy and was eventually advertised at under £15,000 before it sold.

A 50%+ premium is too much for 20,000 less miles.

Olf

11,974 posts

218 months

Sunday 19th August 2018
quotequote all
Driver101 said:
Olf said:
Quite a few is relative isn't it. There are far fewer than any other real M car and if you want one that's done less than 50 k you have a choice 12 nationally of which 4 are coupes. In fact there are 10 times as many Caymans of the same vintage and mileage available.

So not really that many.
They aren't selling though. The cars that are moving are the ones with 70-80k and they are up for around £15,000. One at a dealer looked tidy and was eventually advertised at under £15,000 before it sold.

A 50%+ premium is too much for 20,000 less miles.
The 4 coupes are not selling? 2 of them have only come on the market in the last two weeks and three of them are 25k or less. Not sure what the argument is. There are 4 of those cars in the entire country - hardly a decent data-set is it? If you want to talk down prices - fill yer boots but at least put some science into it.

Driver101

14,376 posts

121 months

Sunday 19th August 2018
quotequote all
Olf said:
Driver101 said:
Olf said:
Quite a few is relative isn't it. There are far fewer than any other real M car and if you want one that's done less than 50 k you have a choice 12 nationally of which 4 are coupes. In fact there are 10 times as many Caymans of the same vintage and mileage available.

So not really that many.
They aren't selling though. The cars that are moving are the ones with 70-80k and they are up for around £15,000. One at a dealer looked tidy and was eventually advertised at under £15,000 before it sold.

A 50%+ premium is too much for 20,000 less miles.
The 4 coupes are not selling? 2 of them have only come on the market in the last two weeks and three of them are 25k or less. Not sure what the argument is. There are 4 of those cars in the entire country - hardly a decent data-set is it? If you want to talk down prices - fill yer boots but at least put some science into it.
I've been keeping my eye out for a Z4 or Z4M Coupe.

You're specifically looking at the 4 sub 50k cars. There's 22 coupes on Autotrader, but there is more on other sites like here, eBay and Gumtree.

The black car with 42,000 miles up for under £24,000 was last up for £27,000. It has only been up for 3 weeks. I bet it sits for a long time.

The black car with 45,000 miles for £23,000 the advert has been live since 25th January. A tidy looking car, good spec, CSL wheels and full history. It hasn't sold in 7 months.

The blue one for £23,490 with 57k has been up for sale on Autotrader since October 2017. It's MOT expired in April. It looks as if it's been for sale since April 2017.

The £25,490 car has been up since the 24/7.

At the other end the car at £15,850 has been up since June and has been steadily decreasing in price.

Most of the high priced Z4 and Z4M I've checked out have sat for an age. I keep reading they are in demand and values are going up. I don't think that is true as many are selling for less than 1-2 years ago and still taking a long time to shift.



Edited by Driver101 on Sunday 19th August 11:49

Driver101

14,376 posts

121 months

Monday 27th August 2018
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The silver car with 55k miles on sale on Autotrader and here for £19,745 has also been on sale since August 2017. The price has dropped £4000 in that time.

Checking out the history of numerous cars there is plenty of good looking examples, priced within the rest, but sitting for months and a few have been for sale for years.

I was thinking if I bought one I would recover my money back at a later date. Watching the classifieds I don't have that confidence. Prices are going down and cars still aren't moving, but I keep hearing future classic and values going up.

Is the market as slow as it looks?



Welshbeef

49,633 posts

198 months

Monday 27th August 2018
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Reading some threads on PH there are questions and discussions about to restore a car that has been sat for some time 6months a year etc - in the above post the poster states some cars have been for sale for years. Now what re commissioning work and costs need to be. Arrived out Or deduced from the asking price + how can you properly test drive a car that isn’t re commissioned.