FOR SALE: 2001 Z3M Roadster S54

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Gooseacre
Joined: Thu 10 May, 2012 18:18
Posts: 152

  M roadster S50

FOR SALE: 2001 Z3M Roadster S54

Post by Gooseacre »

All,

I am posting the details of my S54 Z3M Roadster to gauge interest. If I can get the right amount for it I may tear myself away and invest in an M135i but if only the right amount. I really don't know what that is given the rarity - I guess we could gauge interest at £9,500? I have only seen a single one advertised in the last 12 months other than mine!

Details:

I bought it last year with 88k on it - have put on 6k since so now at mid 94k. It seems not to have been modified in any way except for a braided clutch cable (as far as I can tell) and has been used well but also been looked after properly. It is certainly not "showroom" but cleaned well looks the business. The photos below were the ones the previous seller sent to me - I will try and get some of my own up soon.

The near side rear wheel is kerbed - nearly all the way round (don't ask). One of the others is not perfect either. Rear tyres are nearly on their way out (you may have seen my post about whether I should burn them out on a track day). One of the rears has a (very) slow puncture - ie. get it to right pressure and warning light comes on 4-5 days later.

I have to say that the interior picture makes the seats look in a lot better condition than they are - the driver bolster has a slight tear in and the leather is reasonably "cracked) - I will try to take a close up picture later and add it.

I have a folder of receipts but the brief summary is below. I have a matching hard top (well - not quite matching as the paintwork has slightly faded on the car itself compared to the hard top). I have had an independent BMW specialist look over it (they did last service) and found no big issues - boot welds fine, diff mount fine.

19/11/01 Pre-delivery check
19/11/01 Running In 1201 (BMW dealer)
02/07/04 Oil Service 22876 (BMW Dealer)
11/02/07 Oil Service 48711 (Independent BMW Specialist)
03/06/08 Inspection II 59627 (Independent BMW Specialist)
28/06/09 Oil Service 74629 (Independent BMW Specialist)
01/12/09 Inspection I 79330 (Multi brand dealer)
07/12/09 Coil Springs, ABS sensor, Accel sensor
15/04/10 New hood
16/05/10 Clutch
28/08/10 Oil Service 83371 (Private)
16/08/11 Brake discs, Accel sensor
02/11/11 Wheel hub
20/08/11 Oil Service 86085 (Private)
29/01/12 Battery
12/03/12 Braided clutch line
Me:
30/08/12 Rear top mounts 89240
09/04/13 Oil Service 93906 (Independent BMW Specialist)
09/04/13 Tensioner wheel

So lengthy gaps between early services but lots of frequent activity. Not quite sure why the first inspection in the book is a II and not a I.

Happy to answer any and every question!


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Last edited by Gooseacre on Sat 18 May, 2013 11:36, edited 1 time in total.
2001 Z3M S54 LB64010 #10/73
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Pierrick
Joined: Fri 31 Aug, 2012 22:47
Posts: 484

  Z3 roadster 1.9

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Pierrick »

Very nice! But not for me!!

Price seems right... and even cheap! If I'm right, the S54 engine is the one everyone dream of...
chrisp_1
Joined: Sun 10 Jun, 2012 08:26
Posts: 393

  M roadster S50

Re: FOR SALE: 2001 Z3M Roadster S54

Post by chrisp_1 »

If I was looking at the rarity factor of the s54 v s50 then 'FOR ME' it would need to be below £50k miles to pay the premium price tag and accept It as a long term investment / future classic. Can't really comment on your asking price any more than my own opinion above, as you say there haven't been many s54's on the market recently. I do know of a few 'good' low mileage s50's going for £6.5k recently though which kind of makes me glad I crashed mine and got paid out ALOT more. Petrol prices seem to have really bitten down asking prices hard the last few months. Good time to buy a Z3M in my opinion.
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Alfie
Z Register member
Joined: Thu 29 Apr, 2004 14:28
Posts: 3312

  M roadster S54
Location: Broadchurch....

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Alfie »

chrisp_1 wrote:If I was looking at the rarity factor of the s54 v s50 then 'FOR ME' it would need to be below 50k miles to pay the premium price tag and accept It as a long term investment / future classic.
The S54 ///MR RHD is indisputably one of THE rarest production cars ever to come out of the BMW stable. At this point in their lives, you cannot procrastinate about mileage and condition....irrelevant of whether the S54 ///MR is a good car or not, you either want one or you don't, right.....?

If the description is correct, all the cosmetic issues with this particular car are fixable, and if you want to achieve a 'showroom queen' out of a 12 year old car, then you need to put some work (and money) in.

Gooseacre, unless you're desperate for the money, your price is way too low. If you can afford to wait for the right buyer, your car will be worth more than that. If you can't wait, then your buyer will reap the rewards of the almost-certain appreciation.

Oh, and yeah.... I do have a vested interest... :wink:

Good luck with the sale....
Cheers.
A.
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Badman gee
Joined: Sun 14 Nov, 2010 10:45
Posts: 2299

  M roadster S50

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Badman gee »

I agree your price is too low for this sort of car.

And regarding the s50 cars, you won't get what I call a mint car for less than 8-10k.

Mint has different meanings to different people!
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paul.s
Joined: Wed 26 Dec, 2012 09:54
Posts: 42

  Z3 roadster 2.8

Re: FOR SALE: 2001 Z3M Roadster S54

Post by paul.s »

I wouldnt call the mileage high for its age tbh id rather buy a used and loved car than one that's sat parked up which can cause problems to a new user as its brought back into use. value is whatever someones prepared to pay and its a buyers dream time at the moment agree values will go up tho
luckycolourblue
Joined: Sat 11 Apr, 2009 16:39
Posts: 62

  M roadster S52
Location: Bristol

Re: FOR SALE: 2001 Z3M Roadster S54

Post by luckycolourblue »

I think your price is about right. With z4m's advertised as low as 12k with 50 thou miles on your getting close to overlapping if you go higher.
I'm sorry to say but with the mileage on this car is not going to be one that gains a lot of value, it will always be a good user car.
All my very own opinion btw.
Having said that, I wish you the best for the sale!
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Boysie
Joined: Sat 23 Apr, 2005 14:24
Posts: 1654

  M roadster S50
Location: Wallington Surrey
Contact:

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Boysie »

i agree with earlier post you could ask for more
And thats not being greedy, high mileage "its a bmw"
A most desirable car you have there

I'm often told mines not run in with only 31k on the clock
Ray

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S50 ///M Roadster, Arctic Silver, Imola Red/Black interior
1970 Austin Healey Sprite, Original ' Now Sold :-(
2002 Harley 1130cc V Rod Custom

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Z3cade
Joined: Sat 09 Jan, 2010 18:18
Posts: 2634

  M roadster S50
Location: Peterborough

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Z3cade »

It's worth as much as someone's willing to pay for it..

I think 9.5k is a fair price in its current condition.. 94k wouldn't put me off as long as its mechanically sound..

If it were mine and I wanted to sell I would get all the niggles sorted as there not major and appeal will be greater

Good luck with the sale
///M Roadster - Evolve Stage 3
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Tofty81
Joined: Sat 11 May, 2013 08:26
Posts: 9

  M coupe S50

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Tofty81 »

Hi Goosacre
Thanks for the heads up on this one, but it's probably not one for me for various reasons.
Good luck with the sale. :)
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TitanTim
Joined: Mon 23 Jun, 2008 18:56
Posts: 5488

  Z3 roadster 1.9i
Location: Stafford

Re: FOR SALE: 2001 Z3M Roadster S54

Post by TitanTim »

Looks fab, good luck with the sale.

I take it if your looking at a M135i then its the new model, why not go and have a chat with your friendly dealer and see what sort of finance deal they can do on one, their deals are pretty good at the moment with lowish APRs and keep the Z3M. The new M135i is a corker and one of the best all round BMWs to come out for a long time and it will be on my radar when the PCP is up on the Z4. I'm unsure if the 1 Series will quite have the same cache as the Z3M and will be no where near as desirable in the future which is why I would hang onto the Z3 as a future investment and keep the mileage low. If anything you can keep monthly payments on a new car fairly low these days and just hand it back after a few years.

Tim.
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2001 Z3 1.9 Roadster Sport - 2012 Z4 sDrive 2.0 M Sport
miller1098
Joined: Fri 18 Jan, 2013 22:41
Posts: 124

  blank

Re: FOR SALE: 2001 Z3M Roadster S54

Post by miller1098 »

Its interesting everyone talks about cars going up in value,when our 300zx was for sale in 1990 it was valued at £37000 we built our house for £28000 ,how old am i going to be to make any cash from it.zx now worth £5000 house £130000
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Alfie
Z Register member
Joined: Thu 29 Apr, 2004 14:28
Posts: 3312

  M roadster S54
Location: Broadchurch....

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Alfie »

miller1098 wrote:Its interesting everyone talks about cars going up in value,when our 300zx was for sale in 1990 it was valued at £37000 we built our house for £28000 ,how old am i going to be to make any cash from it.zx now worth £5000 house £130000
Maybe another 40 years?
Wikipedia wrote:The BMW 507 is a roadster produced by BMW from 1956 to 1959. Initially intended to be exported to the United States at a rate of thousands per year, it ended up being too expensive, resulting in a total production figure of 252 cars and heavy losses for BMW.
:idea: S54 ///MR RHD only 73 ever made, that's just a quarter of the number of 507s.
Fine Cars collector's corner wrote:(2008 Spring)Today € 650.000.- or $885.000.- will buy you a very good and restored BMW 507 Roadster Series 2.
....2 BMW 507 have been sold in Germany, one for 720,000 and the other one for 750,000 Euro both with Hardtop and Rudge wheels.
And coincidentally:
Fine Cars collector's corner wrote:the star from Frankfurt [the 507] was designed by Count Albrecht Goertz, a young German designer then living in New York and later responsible for another beautiful car, the Datsun 240 Z-series. But that’s another story.
So, not too long to wait then.... :lol:
A.
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chrisp_1
Joined: Sun 10 Jun, 2012 08:26
Posts: 393

  M roadster S50

Re: FOR SALE: 2001 Z3M Roadster S54

Post by chrisp_1 »

Alfie wrote:
chrisp_1 wrote:If I was looking at the rarity factor of the s54 v s50 then 'FOR ME' it would need to be below 50k miles to pay the premium price tag and accept It as a long term investment / future classic.
The S54 ///MR RHD is indisputably one of THE rarest production cars ever to come out of the BMW stable. At this point in their lives, you cannot procrastinate about mileage and condition....irrelevant of whether the S54 ///MR is a good car or not, you either want one or you don't, right.....?
I don't think I was procrastinating at all mate,.. just giving an opinion from my own point of view i.e. IF I wanted an S54 I would be looking for a much lower mileage example due to the premium pricing they attract and they ARE a sure fire investment in the LONGER term if you have a low mileage one and keep it that way. As another user commented after me, with those kind of miles it's more likely to be a good usable car than an investment.

Not looking for an argument BTW,.. this site is all about opinion and the OP can take his balanced view of everyone's comments.

:D
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Badman gee
Joined: Sun 14 Nov, 2010 10:45
Posts: 2299

  M roadster S50

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Badman gee »

I agree crispy! I would not want a high mileage car (80k plus) regardless of condition.

Purely because of resale at a later date.

There is still a stigma with high mileage cars I'm afraid.

IMHO.
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Gazza
Joined: Tue 04 Oct, 2005 20:58
Posts: 9521

  M roadster S54
Location: Romford Essex

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Gazza »

For every S54 that disappears, the remaining ones will increase in value and even the high mileage cars will be sought after.

Take a look at genuine classic 1965-1969 Shelby Mustang GT350 and GT500's as an example, they were produced in much higher numbers than the S54 M Roadster.
Gazza

"Understeer is when you hit the wall with the front of the car, oversteer is when you hit the wall with the rear of the car. Horsepower is how fast you hit the wall and torque is how far you take the wall with you"

Z3 S54 M roadster Image, BMW Z1, BMW M3 CSL, Z4M Coupe
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Badman gee
Joined: Sun 14 Nov, 2010 10:45
Posts: 2299

  M roadster S50

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Badman gee »

Time will tell gazza time will tell.
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Pierrick
Joined: Fri 31 Aug, 2012 22:47
Posts: 484

  Z3 roadster 1.9

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Pierrick »

My car has 127000 miles on the clock and still running well...
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Gazza
Joined: Tue 04 Oct, 2005 20:58
Posts: 9521

  M roadster S54
Location: Romford Essex

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Gazza »

Badman gee wrote:Time will tell gazza time will tell.

:wink: :wink:
Gazza

"Understeer is when you hit the wall with the front of the car, oversteer is when you hit the wall with the rear of the car. Horsepower is how fast you hit the wall and torque is how far you take the wall with you"

Z3 S54 M roadster Image, BMW Z1, BMW M3 CSL, Z4M Coupe
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miller1098
Joined: Fri 18 Jan, 2013 22:41
Posts: 124

  blank

Re: FOR SALE: 2001 Z3M Roadster S54

Post by miller1098 »

Gazza wrote:For every S54 that disappears, the remaining ones will increase in value and even the high mileage cars will be sought after.

Take a look at genuine classic 1965-1969 Shelby Mustang GT350 and GT500's as an example, they were produced in much higher numbers than the S54 M Roadster.
americans love mustangs !Z3m's?i dont think im gonna wait for my windfall in 35-45years ive got a few driving days to go this year and im not going to worry about milage or deprecation and stone chips but more about grip and acceleration and the soft top opening .and if i lose a couple of K if i ever change or sell it it will have been money well spent.But im glad that there are some guys that like to keep there toys in a box.
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Badman gee
Joined: Sun 14 Nov, 2010 10:45
Posts: 2299

  M roadster S50

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Badman gee »

miller1098 wrote:
Gazza wrote:For every S54 that disappears, the remaining ones will increase in value and even the high mileage cars will be sought after.

Take a look at genuine classic 1965-1969 Shelby Mustang GT350 and GT500's as an example, they were produced in much higher numbers than the S54 M Roadster.
americans love mustangs !Z3m's?i dont think im gonna wait for my windfall in 35-45years ive got a few driving days to go this year and im not going to worry about milage or deprecation and stone chips but more about grip and acceleration and the soft top opening .and if i lose a couple of K if i ever change or sell it it will have been money well spent.But im glad that there are some guys that like to keep there toys in a box.
Don't worry, mine is staying in the box.

8-)
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Gazza
Joined: Tue 04 Oct, 2005 20:58
Posts: 9521

  M roadster S54
Location: Romford Essex

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Gazza »

My S54 isn't in a box, 81000 and rising :D
Gazza

"Understeer is when you hit the wall with the front of the car, oversteer is when you hit the wall with the rear of the car. Horsepower is how fast you hit the wall and torque is how far you take the wall with you"

Z3 S54 M roadster Image, BMW Z1, BMW M3 CSL, Z4M Coupe
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TitanTim
Joined: Mon 23 Jun, 2008 18:56
Posts: 5488

  Z3 roadster 1.9i
Location: Stafford

Re: FOR SALE: 2001 Z3M Roadster S54

Post by TitanTim »

I used to think keep the Zed stored away etc then realised you don't really enjoy it so no point actually owning it.

Your along time gone so might as well enjoy for the moment.

Tim.
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2001 Z3 1.9 Roadster Sport - 2012 Z4 sDrive 2.0 M Sport
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Badman gee
Joined: Sun 14 Nov, 2010 10:45
Posts: 2299

  M roadster S50

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Badman gee »

TitanTim wrote:I used to think keep the Zed stored away etc then realised you don't really enjoy it so no point actually owning it.

Your along time gone so might as well enjoy for the moment.

Tim.
Pot, kettle :lol:
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TitanTim
Joined: Mon 23 Jun, 2008 18:56
Posts: 5488

  Z3 roadster 1.9i
Location: Stafford

Re: FOR SALE: 2001 Z3M Roadster S54

Post by TitanTim »

Badman gee wrote:
TitanTim wrote:I used to think keep the Zed stored away etc then realised you don't really enjoy it so no point actually owning it.

Your along time gone so might as well enjoy for the moment.

Tim.
Pot, kettle :lol:
Used to be but not anymore :D

Tim.
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2001 Z3 1.9 Roadster Sport - 2012 Z4 sDrive 2.0 M Sport
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Badman gee
Joined: Sun 14 Nov, 2010 10:45
Posts: 2299

  M roadster S50

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Badman gee »

I enjoy the moment Tim.

The moment it's taken out, cleaned and locked up again!
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The 'BEAST' 666
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snoops
Joined: Sat 12 Jun, 2010 17:08
Posts: 971

  Z3 roadster 2.8
Location: Lancashire

Re: FOR SALE: 2001 Z3M Roadster S54

Post by snoops »

TitanTim wrote:
Badman gee wrote:
TitanTim wrote:I used to think keep the Zed stored away etc then realised you don't really enjoy it so no point actually owning it.

Your along time gone so might as well enjoy for the moment.

Tim.
Pot, kettle :lol:
Used to be but not anymore :D

Tim.
I hope you're not putting the mileage on Basil :shock: I'm banking on very low mileage when I buy him :wink:
Image...........No Mods...... I like him just the way he is
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TitanTim
Joined: Mon 23 Jun, 2008 18:56
Posts: 5488

  Z3 roadster 1.9i
Location: Stafford

Re: FOR SALE: 2001 Z3M Roadster S54

Post by TitanTim »

snoops wrote:I hope you're not putting the mileage on Basil :shock: I'm banking on very low mileage when I buy him :wink:
Hi Snoopy Snoops,

Don't worry still only just past the 25k mark but I'm trying to use him a bit more now and will be back to full use in the Autumn and over winter hopefully donning a new gloss black hardtop :lol:

Tim.
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2001 Z3 1.9 Roadster Sport - 2012 Z4 sDrive 2.0 M Sport
Gooseacre
Joined: Thu 10 May, 2012 18:18
Posts: 152

  M roadster S50

Re: FOR SALE: 2001 Z3M Roadster S54

Post by Gooseacre »

An interesting thread as it turned out!

I saw the light and decided to keep it - I am certainly not going to pack it away and wait for it to increase in value. I want to enjoy it. As someone mentioned the highish miles won't matter to me if I keep it. Nice to know I've got a rare car and as more time passes there will be fewer and fewer out on the roads.

That all said - would always be open to someone desperate for a stock S54.... :lol:
2001 Z3M S54 LB64010 #10/73
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