Z4Coupe Prices on the up?

Z4Coupe Prices on the up?

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Discussion

Z4MCSL

Original Poster:

546 posts

89 months

Thursday 28th January 2021
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NOt talking about the Z4M Coupe, these seem to still be a bit up and down....


...but the Z4Coupe3.0si prices seem to be moving up a little?

anyone else noticed the same?

Phateuk

767 posts

143 months

Thursday 28th January 2021
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The prices of these haven't really moved much for a while. Not been following but this thread prompted me to take a look.

I had a 57 plate 3.0si around 2013, paid £10k and got £8.8k part ex around 18 months and 10k miles later which i thought was pretty good. They still seem to be sitting around that value now - very cheap motoring!

Earthdweller

14,180 posts

132 months

Friday 29th January 2021
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I think the reducing numbers of low (ish) mileage mint cars is keeping the prices of those stable for both the coupe/roadster, but I don’t see them rising .... yet, but I think they will

There are lots of high miles and rough ones around now and they aren’t achieving big money and are still falling

There are quite a few deluded owners that seem to think that their modded Z4 coupe with 160k and no history is worth 10k

It isn’t




Mr Tidy

23,891 posts

133 months

Friday 29th January 2021
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I think they have been pretty stable for the last 6 years or so - just with a big dip when I was selling mine this time last year! I thought I had done well selling before lockdown, but post-lockdown prices shot back up. rolleyes

Bought my 1st in June 2014 on 54K miles for £9,600 and sold it in May 2016 on 62K for £10K.

Realised I should have kept it (banghead) so I bought a replacement in May 2016 on 77K for £8,600, but got no interest last January - until I dropped the price to £6,600 (on 91K). And now they are pretty much back to 2016 prices, but having got a good deal on an MC in December 2019 I was just spending money keeping my 3.0Si.

I think they are a bit of a bargain, sort of 80% of an M for 50% of the money, and probably make more sense than an M as a daily driver as they are much cheaper to run.

But as my Coupes have never been dailies that isn't a big issue, and for me that M experience is worth paying for (so far). laugh





Driver101

14,376 posts

127 months

Friday 29th January 2021
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The market for anything interesting has gone up this year.

So many predictions of the Z4 and Z4M values going up. For years they've been stable, but they aren't going up.

Deep Thought

36,537 posts

203 months

Friday 29th January 2021
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Z4MCSL said:
NOt talking about the Z4M Coupe, these seem to still be a bit up and down....


...but the Z4Coupe3.0si prices seem to be moving up a little?

anyone else noticed the same?
Yes. IMHO

Bought a 2006 Z4C Si Sport, 69K miles, FSH, nursed like a baby, £7350 in May 20. Was slightly cheap at the time, but in the bottom quartile of prices generally for similar cars.

I'd have to be finding £10K ish minimum for similar now.

Pic for posterity. (i fitted the 19 inch CSL style rims)
[/footnote]

Edited by So Long and thanks for all the fish on Saturday 28th January 15:01

Vroomer

1,869 posts

186 months

Saturday 30th January 2021
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Yes, they've certainly moved up recently.

The best cars are c.£15k and you can't get anything decent for much less than £10k.


Mr Tidy

23,891 posts

133 months

Saturday 30th January 2021
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Vroomer said:
Yes, they've certainly moved up recently.

The best cars are c.£15k and you can't get anything decent for much less than £10k.
While they have moved up more recently, IME values only went back in mid-2020 to where they were mid-2019!

This is the one I struggled to sell a year ago on 91K miles until I dropped the price to £6,600. eek






But that is probably why I managed to buy this in December 2019 within the price range Vroomer mentions! smile


Driver101

14,376 posts

127 months

Saturday 30th January 2021
quotequote all
Mr Tidy said:
Vroomer said:
Yes, they've certainly moved up recently.

The best cars are c.£15k and you can't get anything decent for much less than £10k.
While they have moved up more recently, IME values only went back in mid-2020 to where they were mid-2019!

This is the one I struggled to sell a year ago on 91K miles until I dropped the price to £6,600. eek






But that is probably why I managed to buy this in December 2019 within the price range Vroomer mentions! smile

When I had mine everyone kept talking up the prices. Just about everyone that put one up for sale struggled to sell it.



Vroomer

1,869 posts

186 months

Sunday 31st January 2021
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Driver101 said:
When I had mine everyone kept talking up the prices. Just about everyone that put one up for sale struggled to sell it.
Not the case now. AT currently lists 19 cars, two marked as sold: one at £14.5k and the other at £10.5k. And that's during a lockdown!

Driver101

14,376 posts

127 months

Sunday 31st January 2021
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Vroomer said:
Driver101 said:
When I had mine everyone kept talking up the prices. Just about everyone that put one up for sale struggled to sell it.
Not the case now. AT currently lists 19 cars, two marked as sold: one at £14.5k and the other at £10.5k. And that's during a lockdown!
Cars are still selling during the lockdown. The prices of everything interesting has gone up.

£10.5k for a car with 48k miles is about the same value as they have been for a while. It's only a deposit he's got and it's been on sale for over 7 weeks.

The £14.5k car with 28k miles is described as immaculate. It's been on sale since November. I don't know about you, but if I'm selling my car I don't really want to wait months for it to sell.

Some of the other cars have been on the market since October. If doesn't look to me as if the market is any stronger than before. They really don't sell fast.

FastNLoud

67 posts

133 months

Sunday 31st January 2021
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Deep Thought said:
Pic for posterity. (i fitted the 19 inch CSL style rims)



Edited by Deep Thought on Saturday 30th January 07:46
What wheels are they / what brand are they? My original 108's are looking rough now and I'm think about some CSL styles wheels for mine

Deep Thought

36,537 posts

203 months

Sunday 31st January 2021
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FastNLoud said:
What wheels are they / what brand are they? My original 108's are looking rough now and I'm think about some CSL styles wheels for mine
They are 19 inch Riva DTMs.

https://www.bmautosport.co.uk/showroom/product_inf...

The tyres are 235/35 front and 265/30 rear.

Genuine BMW centre caps fit (about £45 for four) and the little gel M badges are a couple of £ on ebay or approx £20 for genuine ones.

Edited by Deep Thought on Sunday 31st January 13:05

Deep Thought

36,537 posts

203 months

Sunday 31st January 2021
quotequote all
Driver101 said:
Cars are still selling during the lockdown. The prices of everything interesting has gone up.

£10.5k for a car with 48k miles is about the same value as they have been for a while. It's only a deposit he's got and it's been on sale for over 7 weeks.

The £14.5k car with 28k miles is described as immaculate. It's been on sale since November. I don't know about you, but if I'm selling my car I don't really want to wait months for it to sell.

Some of the other cars have been on the market since October. If doesn't look to me as if the market is any stronger than before. They really don't sell fast.
Any two seater big engined petrol coupe is going to be slow to sell, particularly the likes of the Z4 as theres the exceptionally good convertible which many prefer.

The 350Z and 370Z Nissan are also very slow sellers and always have been.

Yes, you could firesale a car out the door quickly with a give away price but generally speaking its a matter of waiting on your customer - very low miles cars at the top of the price range even moreso. Same with most cars really.

That doesnt mean the cars are over priced, just slow sellers.

Edited by Deep Thought on Sunday 31st January 13:08

Vroomer

1,869 posts

186 months

Sunday 31st January 2021
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Driver101 said:
I don't know about you, but if I'm selling my car I don't really want to wait months for it to sell.
If you're selling a 'classic' for a good price you don't expect it to sell quickly. It's the end result that counts – not the speed.


Earthdweller

14,180 posts

132 months

Sunday 31st January 2021
quotequote all
Deep Thought said:
They are 19 inch Riva DTMs.

https://www.bmautosport.co.uk/showroom/product_inf...

The tyres are 235/35 front and 265/30 rear.

Genuine BMW centre caps fit (about £45 for four) and the little gel M badges are a couple of £ on ebay or approx £20 for genuine ones.

Edited by Deep Thought on Sunday 31st January 13:05
I have the same wheels on mine in 18”
Bmautosport are very good to deal with


Driver101

14,376 posts

127 months

Sunday 31st January 2021
quotequote all
Vroomer said:
Driver101 said:
I don't know about you, but if I'm selling my car I don't really want to wait months for it to sell.
If you're selling a 'classic' for a good price you don't expect it to sell quickly. It's the end result that counts – not the speed.
It's not a classic though. It might be a classic in the future, but it's not yet. It also have the problem that it's not the top of the range model. The Z4M is the most desirable model and even they haven't had their prices rocket like people keep thinking they would. Last year they took a dip.

Driver101

14,376 posts

127 months

Sunday 31st January 2021
quotequote all
Deep Thought said:
Any two seater big engined petrol coupe is going to be slow to sell, particularly the likes of the Z4 as theres the exceptionally good convertible which many prefer.

The 350Z and 370Z Nissan are also very slow sellers and always have been.

Yes, you could firesale a car out the door quickly with a give away price but generally speaking its a matter of waiting on your customer.

That doesnt mean the cars are over priced, just slow sellers.
If it takes months to sell a car it's overpriced. Price it well and it sells. That's not giving it away, that's asking a fair price that the market knows is correct. The buyers are there, but not at silly prices.

Using the 09 plate car on AT that's for sale at £15k the valuation for that car is £9800 for a private sale and £7700-8300 as a trade in. WBAC will give you £8100 for it. It's massively overpriced.

I don't understand why people choose to ignore valuation tools and guides, then wonder why they struggle to sell their cars and can't afford to trade it in because the dealer is low balling them. It's not that they are being lowballed, it's just they've paid over the odds.

The topic about Z4 valuations had came up here and on BMW sites countless times. The same thing happens with too many owners having unrealistic estimates of prices. Too much talk of prices skyrocketing that has never happened.

You only need to find one buyer who is equally unaware, but it's an unnecessary cycle.

ten200

214 posts

98 months

Sunday 31st January 2021
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I really liked these when they were new, but I'd just bought my first flat and could barely afford furniture. It's a bit of a shock to see that the new hard-top convertible that replaced them is over a decade old, and even the 3 litre model can be cheaper than the old coupe. I'd still like one, preferable blue, but as Driver101 says you're taking a big risk buying at the current asking price unless you're planning on keeping it forever.

Vroomer

1,869 posts

186 months

Sunday 31st January 2021
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Driver101 said:
It's not a classic though. It might be a classic in the future, but it's not yet. It also have the problem that it's not the top of the range model. The Z4M is the most desirable model and even they haven't had their prices rocket like people keep thinking they would. Last year they took a dip.
That's your opinion – many others disagree.

The Z4C is a much more usable and affordable option compared to the Z4MC.