Z4 depreciation....and BMW Business Radio
Discussion
BMW's have never come on my radar before so as I am considering a Z4 Coupe i was wondering what depreciation rates are like say on the Z4 roadster 3 litre
Also anyone reading this have a view on the BMW 'Business Radio' set up. I presume if it is 'crap' then the standard fit Alpine unit will slot in.
Steve
Also anyone reading this have a view on the BMW 'Business Radio' set up. I presume if it is 'crap' then the standard fit Alpine unit will slot in.
Steve
The Business radio may not come up to the mark, but my Z4 has the Carver option - something like 440 watts, from 10 speakers, including 2 subwoofers. When travelling roof down at "motorway" speeds the volume and sound quality is, in my opinion as a non hifi techie, very very good.
If you are speccing the audio, do read the brochure carefully as I think the setup (in particular the head unit) loses functionality if Sat Nav is also fitted. The 6 CD changer (worth having) takes up a small slot in the cubby - in addition the standard unit's single slot remains.
However, if you intend to use your car as a hobby/weekend B road hooning machine I find that I rarely use the stereo.
As to depreciation - they do depreciate, and I am pleased they do! As I have posted several times before, I got a sub 2 year old very highly specced 2.5 with 2760 miles on the clock for £22k from a main dealer - something like £11k less than the new price, if I were to have bought a Boxster I would have ended up with a car several years older for the same money. Sometimes depreciation can be your friend!, particularly as it appears that the curve flattens after the initial 2 year dive.
HTH
If you are speccing the audio, do read the brochure carefully as I think the setup (in particular the head unit) loses functionality if Sat Nav is also fitted. The 6 CD changer (worth having) takes up a small slot in the cubby - in addition the standard unit's single slot remains.
However, if you intend to use your car as a hobby/weekend B road hooning machine I find that I rarely use the stereo.
As to depreciation - they do depreciate, and I am pleased they do! As I have posted several times before, I got a sub 2 year old very highly specced 2.5 with 2760 miles on the clock for £22k from a main dealer - something like £11k less than the new price, if I were to have bought a Boxster I would have ended up with a car several years older for the same money. Sometimes depreciation can be your friend!, particularly as it appears that the curve flattens after the initial 2 year dive.
HTH
baz1985 said:
Buy a late 2004 E46 M3 instead at £27-28k. Probs lose £10k over 2yrs on that...probs £12.5k including options on the Z4 coupe imo
Its a question of intended mileage, without that its pure speculation.
I think a 04 M3 for 27k will have 30-40k miles on the clock add another 20-30 (total 60-70k miles) and its going to be worth £16k tops in 2 years.
A Z4 coupe in 2 years and with 20-30k showing is going to be £22k plus - so its a close call.
As above the thing is probably to take a z4 3.0L cab which has already been depreciated for you...
Bennno
There's also the issue of how long the Z4 coupe and roadster are going to stay in production. The Z4 has been around for a few years now and if they are to be replaced in say 2008, a 2 year old coupe will take a bit of a hit I reckon.
Haing said that, I'm thinking of getting a coupe too, just waiting to see where Porsche pitch the base Cayman price-wise.
Haing said that, I'm thinking of getting a coupe too, just waiting to see where Porsche pitch the base Cayman price-wise.
I'd imagine that the non-M Z4 Coupe will take a hit similar to the roadster (I.E. pretty big), because it's a little bit less common (at the moment at least) but can't be sold to shallow hair-dresser types as a convertible in the summer (so less demand). I'd be especially careful about buying the first coupes that reach the used market, because they'll command a big premium for the first 6 months (being a novelty item).
I bought my roadster for £24k with 9k on the clock at two years old, and I'd expect to loose between £10k and £12k over the three years that I'll own it. The original owner will have lost £14k over two years with it.
Mine has got the Business CD and I've found it perfectly acceptable (although I suspect it might have the non-Carver extra speakers option, not that it was on the spec, but I can count 10 in the cabin). And I've heard some pretty good systems, including the Bose on a Boxster S and Harman Kardon in a Cooper S. Not to mention the system that I put in my Cinquecento back at uni that cost more than the car (so £5 then... no, not really). The only difference is a deficiency in really low rumbling bass that you get in the top systems, but then I find that gets a little tiring after a while and I only used it for letting passers by know that you're around and drowning out Kevins in their Corsas. But then if that's what you like doing then go for the Carver!
I bought my roadster for £24k with 9k on the clock at two years old, and I'd expect to loose between £10k and £12k over the three years that I'll own it. The original owner will have lost £14k over two years with it.
Mine has got the Business CD and I've found it perfectly acceptable (although I suspect it might have the non-Carver extra speakers option, not that it was on the spec, but I can count 10 in the cabin). And I've heard some pretty good systems, including the Bose on a Boxster S and Harman Kardon in a Cooper S. Not to mention the system that I put in my Cinquecento back at uni that cost more than the car (so £5 then... no, not really). The only difference is a deficiency in really low rumbling bass that you get in the top systems, but then I find that gets a little tiring after a while and I only used it for letting passers by know that you're around and drowning out Kevins in their Corsas. But then if that's what you like doing then go for the Carver!
I think that the fact that BMW are finally expanding on the original roadster with the M and Coupe means the Z4 has gained an increased shelf life, but yes I guess eventually production will cease. I would figure probably more towards 2009 as the original Z4 is now on it's 3rd birthday year, so 2009 would give the Z4 a production life of 6 years. In terms of depreciation, yep when I bought my Z4 it was exactly 12 months old and was originally bought new for £32K whereas I paid £25K, so £7K depreciation in 12 months. I suspect though that is not that unusual, a dealer friend of mine guesses that a brand new car instantly loses £2K of it's value when the first owner takes delivery.
romanymagic said:I'd certainly agree, besides which the coupe has only just come out! They' not going to sell a car for less than 3 years, it would be insanity!
I would figure probably more towards 2009 as the original Z4 is now on it's 3rd birthday year, so 2009 would give the Z4 a production life of 6 years.
romanymagic said:At least!
a dealer friend of mine guesses that a brand new car instantly loses £2K of it's value when the first owner takes delivery.
Andrew D said:
romanymagic said:I'd certainly agree, besides which the coupe has only just come out! They' not going to sell a car for less than 3 years, it would be insanity!
I would figure probably more towards 2009 as the original Z4 is now on it's 3rd birthday year, so 2009 would give the Z4 a production life of 6 years. romanymagic said:At least!
a dealer friend of mine guesses that a brand new car instantly loses £2K of it's value when the first owner takes delivery.
This would also time correctly with the mid model facelift which is apparently happening at present. Slight lights and bumpers redesign? Wasnt really listening when my dear old mum was saying why she was delaying getting delivery till May, too busy figuring out how to scam insurance on it
pk328 said:
There's also the issue of how long the Z4 coupe and roadster are going to stay in production. The Z4 has been around for a few years now and if they are to be replaced in say 2008, a 2 year old coupe will take a bit of a hit I reckon.
Haing said that, I'm thinking of getting a coupe too, just waiting to see where Porsche pitch the base Cayman price-wise.
Its going to be £38,995 or £39,995 and it has a 3.2L S engine. Bear in mind I live only a few miles from Porsche HQ and know some people.
bennno said:
Its going to be £38,995 or £39,995 and it has a 3.2L S engine. Bear in mind I live only a few miles from Porsche HQ and know some people.
the rumour I heard was it was going to be a 2.7 pitched at £36k. If the 3.2 has the full 276bhp then it looks better value then the Cayman S with only an extra 19bhp.
Either way, I think Porsche have got it horifically wrong with the Cayman S pricing and spec, especially compared to the Z4 coupe.
Andrew D said:
baz1985 said:I quite like the electric power-assistance, because the weight it saves over a traditional system means that I can crack 60 as quick as a pre-2003 986 Boxster S!
Shame that they haven't got rid of that electric steering system too in the facelift
Did you get yours from Almondbury mate?
Yeah, I haven't had chance to get a decent picture yet, in fact I haven't even been able to clean it so far (damned rain!), so the dodgy camera phone one from the forecourt will have to do!
Can't say that I found their service too remarkable, pretty much as expected, it was just that they had the car that I wanted so I went there. On the downside the price they had put in the car window in the showroom was £1k higher than posted on the BMW site (and was £1k higher than I was willing to consider), but it turned out alright in the end.
Why did your deal fall through? The old £1k in the window trick?
Can't say that I found their service too remarkable, pretty much as expected, it was just that they had the car that I wanted so I went there. On the downside the price they had put in the car window in the showroom was £1k higher than posted on the BMW site (and was £1k higher than I was willing to consider), but it turned out alright in the end.
Why did your deal fall through? The old £1k in the window trick?
Andrew D said:
Yeah, I haven't had chance to get a decent picture yet, in fact I haven't even been able to clean it so far (damned rain!), so the dodgy camera phone one from the forecourt will have to do!
Can't say that I found their service too remarkable, pretty much as expected, it was just that they had the car that I wanted so I went there. On the downside the price they had put in the car window in the showroom was £1k higher than posted on the BMW site (and was £1k higher than I was willing to consider), but it turned out alright in the end.
Why did your deal fall through? The old £1k in the window trick?
The deal they offered was quite poor when I was trying to buy a E46 318vert, so I bought it from Park Lane London.
I bought my 330vert from Lister Park, Bradford (also JCT 600 owned as are Almondbury). Funnily enough whilst I agreed a deal the price on the AUC website increased by £1k. Sales Lady was excellent, but the prep of the car was disappointing. Many return trips to sort out swirlmarks, stonechips etc (which I had agreed in writing as conditions of sale). In the end, they got rid of a few, but I spent a few hours with Zymol and sorted the swirls myself.
Perhaps the most significant test of their service is currently being undertaken. From collection, I've had a problem with the Bi-Xenons. They've changed the self-levelling sensor and re-aligned them, but still light output is not as it should be. So after 6 visits they discovered that my car was equipped with Single-Xenons (which went out of production in 2001) (my car is 2003). I informed BMW UK whom were equally perplexed. Yet the lenses indicate that they are Bi-Xenons. I'm contending that there is a fault with the shutter mechanism, I'll see what happens.
Baz
baz1985 said:
Perhaps the most significant test of their service is currently being undertaken. From collection, I've had a problem with the Bi-Xenons. They've changed the self-levelling sensor and re-aligned them, but still light output is not as it should be. So after 6 visits they discovered that my car was equipped with Single-Xenons (which went out of production in 2001) (my car is 2003). I informed BMW UK whom were equally perplexed. Yet the lenses indicate that they are Bi-Xenons. I'm contending that there is a fault with the shutter mechanism, I'll see what happens.
Baz
crashed or stolen?
bennno
bennno said:
baz1985 said:
Perhaps the most significant test of their service is currently being undertaken. From collection, I've had a problem with the Bi-Xenons. They've changed the self-levelling sensor and re-aligned them, but still light output is not as it should be. So after 6 visits they discovered that my car was equipped with Single-Xenons (which went out of production in 2001) (my car is 2003). I informed BMW UK whom were equally perplexed. Yet the lenses indicate that they are Bi-Xenons. I'm contending that there is a fault with the shutter mechanism, I'll see what happens.
Baz
crashed or stolen?
bennno
well I checked as best as possible- it may have been invloved in a non-claim accident
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