Z3 Values
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- Joined: Fri 19 Jun, 2009 10:27
- Posts: 2093
- Location: Daglan, France
Z3 Values
I was recently asked to value a nice 1998 1.9 litre Z3, and was stumped!
The Z3 is no longer listed by BMW on their dealer sites, and is not regarded by BMW specialists as being 'Their kind of car,' so removing another good source of viewing current trends.
The Z3 is currently just another old BMW, and as such its valuation trend continues to fall. My 2.8 cost over £32,000 in 1998, but now, with 112,000 miles it would struggle to make £4,500. It has a REAL full history (not a list of over-priced oil changes!) been well placed in various concours events, and is clean and shiney all over - including underneath - but this does not really affect its value.
A Z3 worth is whatever a buyer will pay, even if it appears to be in very good condition. I have, however, seen many 'immaculate' Z3s which look good from above, but are a mass of rust and dirt underneath.
A Z1, on the other hand, is comparatively easy and safe to value, as there are so few around, and it is regarded as an iconic model.
The Z3, however - even if it has a history of winning concours events etc - will remain in the hands of trade valuations, although a really clean, low mileage car will perhaps attract a premium of £1,000 or so.
I really cannot see the value of any Z3 increasing much beyond trade levels until time and attrition has thinned the numbers and removed most of the 'Average' cars.
My reaction to Z3 values is that they will not fall any further, so making it a good long-term investment, but as matters stand, all an Agreed Valuation can do is to reflect current prices, which would not be quite what many owners would like!
Anyway - the object of this message is to ask owners to tell us what they honestly think their cars are worth, and to include the year of manufacture, capacity and mileage.
The Z3 is no longer listed by BMW on their dealer sites, and is not regarded by BMW specialists as being 'Their kind of car,' so removing another good source of viewing current trends.
The Z3 is currently just another old BMW, and as such its valuation trend continues to fall. My 2.8 cost over £32,000 in 1998, but now, with 112,000 miles it would struggle to make £4,500. It has a REAL full history (not a list of over-priced oil changes!) been well placed in various concours events, and is clean and shiney all over - including underneath - but this does not really affect its value.
A Z3 worth is whatever a buyer will pay, even if it appears to be in very good condition. I have, however, seen many 'immaculate' Z3s which look good from above, but are a mass of rust and dirt underneath.
A Z1, on the other hand, is comparatively easy and safe to value, as there are so few around, and it is regarded as an iconic model.
The Z3, however - even if it has a history of winning concours events etc - will remain in the hands of trade valuations, although a really clean, low mileage car will perhaps attract a premium of £1,000 or so.
I really cannot see the value of any Z3 increasing much beyond trade levels until time and attrition has thinned the numbers and removed most of the 'Average' cars.
My reaction to Z3 values is that they will not fall any further, so making it a good long-term investment, but as matters stand, all an Agreed Valuation can do is to reflect current prices, which would not be quite what many owners would like!
Anyway - the object of this message is to ask owners to tell us what they honestly think their cars are worth, and to include the year of manufacture, capacity and mileage.
I'll assume you mean whats its assumed worth is on the open market and not what I would sell it for (which in my case would be much higher as its not for sale for less than £20k ) .........this is the price I would advertise to sell it in a reasonable period of time ie a few weeks.
2001 S54 Z3m with 52k miles and a few subtle mainly OEM extras £12k
2001 S54 Z3m with 52k miles and a few subtle mainly OEM extras £12k
Good post this with sound reasoning!
Before I bought the car I have I looked at 3 others (all in the Kettering area) they ranged from a 2litre to the 2.8litre and priced from £5k - £6k all were at dealers I hasten to add, 1st one sounded good in the ad, £6k '51 plate, 51K miles, yellow, just serviced, ready to go, excellent cond it said. Engine smelt like it had been thrashed, no oil showing on the dipstick, corrosion on back edge of bonnet where the wipers had worn through the paint (accident damage?) every wheel kerbed and numerous other things, made excuse and left. Next one £5k 'T' plate 2.8, 45k miles, etc, etc belonged to a little old lady and was a 'cherished' car but she had since died, reality, rear wheels no lacquer left on them totally corroded, dents in just about every panel, scrapes painted\touched up with a different shade of blue, bonnet up it was hard to find the engine for all the leaves\muck (what kind of service had this had?) walked away. Next one, same area, yet another dealer, didn't even bother getting out of the car I could see enough, by then I was thoroughly disheartened, wife said what about the one at Chesterfield at Stratstones BMW Dealership, quick phone call to them is this car in good condition? we wouldn't normally have a car of this age on the forecourt but it is exceptional, was the answer, so off we go, soon as we saw it we said this is the car for us:
1998 2.8 Roadster, 28K miles (now has 29k) Full BMW history, how much did I pay for it? £6400 (I can hear the sharp intakes of breath) but it was only £400 more than a bag of nails another dealer was asking and was a far superior car, how much would I value it at? if I was selling I'd want £6500 for it, won't get it, but then I don't want to sell it.
Sorry to have rambled on
Before I bought the car I have I looked at 3 others (all in the Kettering area) they ranged from a 2litre to the 2.8litre and priced from £5k - £6k all were at dealers I hasten to add, 1st one sounded good in the ad, £6k '51 plate, 51K miles, yellow, just serviced, ready to go, excellent cond it said. Engine smelt like it had been thrashed, no oil showing on the dipstick, corrosion on back edge of bonnet where the wipers had worn through the paint (accident damage?) every wheel kerbed and numerous other things, made excuse and left. Next one £5k 'T' plate 2.8, 45k miles, etc, etc belonged to a little old lady and was a 'cherished' car but she had since died, reality, rear wheels no lacquer left on them totally corroded, dents in just about every panel, scrapes painted\touched up with a different shade of blue, bonnet up it was hard to find the engine for all the leaves\muck (what kind of service had this had?) walked away. Next one, same area, yet another dealer, didn't even bother getting out of the car I could see enough, by then I was thoroughly disheartened, wife said what about the one at Chesterfield at Stratstones BMW Dealership, quick phone call to them is this car in good condition? we wouldn't normally have a car of this age on the forecourt but it is exceptional, was the answer, so off we go, soon as we saw it we said this is the car for us:
1998 2.8 Roadster, 28K miles (now has 29k) Full BMW history, how much did I pay for it? £6400 (I can hear the sharp intakes of breath) but it was only £400 more than a bag of nails another dealer was asking and was a far superior car, how much would I value it at? if I was selling I'd want £6500 for it, won't get it, but then I don't want to sell it.
Sorry to have rambled on
As a relatively new owner (had the car around 6 weeks), in that time I've had the (ugly) scuff removed from the rear bumper, had a new roof fitted & fitted a strut brace. I've no intention of doing much else to it, apart from upgrading the audio system & driving it roof down, unless raining - love open air driving (used to live in Stockholm & would drive my MG TF all year round with the roof down, once drove to Åre in January with roof down all the way, lowest temp -25C, gloves/hat & heating not required).
So my 2001 (Y plate) 2.2i in black, with a stock tan leather interior, full BMW service history, highish mileage of 114k, great condition wheels (no kerbing at all) I'd want £4k (but I ain't going to sell it, enjoy driving it way too much).
So my 2001 (Y plate) 2.2i in black, with a stock tan leather interior, full BMW service history, highish mileage of 114k, great condition wheels (no kerbing at all) I'd want £4k (but I ain't going to sell it, enjoy driving it way too much).
Interesting post Mike.
I bought my 2.2 just over 4 months ago from a local dealer. It was a one-owner vehicle registed in December 2001 with 37k on the clock and a service history (well the service book had stamps in it consistent with the mileage, but little else...).
I paid £6,000 which, at the time seemed like a good price (the Parkers Guide price adjusted for mileage indicated £6,500). I also thought that buying in February I would be getting a bargain rather than waiting until prices started to rise as Summer and the good weather approached (my impression is that, if anything, prices have fallen since...?).
I suspect if I tried to sell it I'd be lucky if I got back what I paid for it (even though I have spent ~£800 on service items - brakes/discs, shocks, tyres, oils/filters) and it is in a much better state of presentation than when I bought it.
However, I have no plans to sell it as I get too much pleasure from it - which is just as well
I bought my 2.2 just over 4 months ago from a local dealer. It was a one-owner vehicle registed in December 2001 with 37k on the clock and a service history (well the service book had stamps in it consistent with the mileage, but little else...).
I paid £6,000 which, at the time seemed like a good price (the Parkers Guide price adjusted for mileage indicated £6,500). I also thought that buying in February I would be getting a bargain rather than waiting until prices started to rise as Summer and the good weather approached (my impression is that, if anything, prices have fallen since...?).
I suspect if I tried to sell it I'd be lucky if I got back what I paid for it (even though I have spent ~£800 on service items - brakes/discs, shocks, tyres, oils/filters) and it is in a much better state of presentation than when I bought it.
However, I have no plans to sell it as I get too much pleasure from it - which is just as well
My "W" reg 2 litre Sport 85k miles, service history with main dealer and indy, mirror bases rough and wheels need a refurb but otherwise nice. I wouldn't let it go for less than £4500, but that's just a number that i think it should fetch because it's not for sale.
Last night walking to the pub for a pint a girl drove by me in a tidy "R" reg Z3 with the roof down and i stopped to watch her pass and thought that if i looked half as cool as she did then my car gave the impression of being worth way more than the book price.
Last night walking to the pub for a pint a girl drove by me in a tidy "R" reg Z3 with the roof down and i stopped to watch her pass and thought that if i looked half as cool as she did then my car gave the impression of being worth way more than the book price.
When I was searching buying mine I subscribed to the site carsbymail, the following is the latest email on what is available and the values, as you can see they are quite mixed, so it looks like it is down to peoples perception of their vehicle worth:
You subscribed on 04/01/11 to a three times a week BMW Z3 update with Carsbymail . Here are the latest results of your search. You can change your preferences or unsubscribe
BMW Z3 - 2.8 - Open Car - Silver
99 , T, 92000 miles, £4980
Air-Bag, Alarm, Anti-Lock Brakes, Central Locking, Electric Seats, Electric Windows, Fog/Spot Lights, Immobiliser, Leather, Radio/Cassette, Anti-Lock Brakes, Remote Control Alarm, Power-Assisted Steering, Driver Air Bag, Black Hood, On-Board Computer, Front Seat Heating, Driver/Passenger Electric Seats, Electric Door Mirrors, Immobiliser, Front Fog Lights, Front Electric Windows, Key Central Door Locking, Trip Computer, Rev Counter, Chrome Line Exterior, Full Leather/Pass Airbag/Wood Trim, Radio/Cassette, Speakers, Leather interior
BMW Z3 - 1.9 - Open Car - Green
99 , T, 68000 miles, £3995
Air-Bag, Alloy Wheels, Anti-Lock Brakes, Central Locking, Electric Windows, Full Service History, Leather, Passenger Air-bag, Power Steering, Traction Control, FULL SERVICE HISTORY LEATHER INTERIA Central Locking, Front Electric Windows, ABS, Traction Control, Power Steering, Drivers Airbag, Passenger Airbag, Alloy Wheels mobile 07939223363
BMW Z3 - 1.9 2dr - Open Car - Blue
97 , R, 99556 miles, £2994
Alloy Wheels, CD Player, Central Locking, Electric Windows, Metallic Paint, Leather, Alloy Wheels, Electric Windows, CD Player, Central Locking, Leather Covered Steering Wheel, Complimentary Accident Assistance, Comprehensive Health Check, Computer, Flexible Finance Options Available, Metallic Paint, Power Assisted Steering (PAS), Physical Car Available For Viewing Today, Please Check For Availability and Exact Mileage, ***Evans Halshaw Every Day Low Pricing Guarantee**
BMW Z3 - 1.8 - Open Car - Red
00 , X, 42000 miles, £4999
Air-Bag, Alarm, Alloy Wheels, Anti-Lock Brakes, Central Locking, Electric Windows, Immobiliser, Passenger Air-bag, Power Steering, Traction Control, ABS, Central locking, Immobiliser, Passenger airbag, Traction control, Remote locking, Part Service History, Alloy wheels, Colour coding - Body, Alarm, Driver airbag, Drivers airbag, Electric door mirrors, Front electric windows, PAS, Service indicator, Electrically adjustable drivers seat, Electrically adjustable passenger seat, Cloth upholstery. Insurance Group:14E, A very nice clean original Z3 individual model with good history and a red coloured roof, something a bit different., £4, 999
BMW Z3 - 1.9 - Open Car - Silver
98 , , 108000 miles, £3995
Air-Bag, Air-Conditioning, Alarm, Alloy Wheels, Anti-Lock Brakes, Electric Mirrors, Electric Windows, Full Service History, Immobiliser, Leather, Power Steering, 2 Registered Keepers, Electric Roof, Alloy Wheels, Full Leather Interior, Electric Windows, Electric Mirrors, ABS, Climate Control, Power Steering, Alarm, Immobiliser, Drivers Airbag, Full Service History
BMW Z3 - 1.9 8V - Open Car - Blue
01 , Y, 75000 miles, £3995
Air-Bag, Alarm, Alloy Wheels, Anti-Lock Brakes, Central Locking, Electric Mirrors, Electric Windows, Immobiliser, Passenger Air-bag, Power Steering, Traction Control, Central Locking, Remote Central Locking, Front Electric Windows, Electric Mirrors, ABS, Traction Control, Power Steering, Drivers Airbag, Passenger Airbag, Alarm, Immobiliser, Alloy Wheels, Stunning Car, 12 mths MOT on Purchase.
BMW Z3 - 1.9 - Open Car - Blue
97 , P, 73000 miles, £3987
Air-Bag, Air-Conditioning, Alloy Wheels, Anti-Lock Brakes, CD Player, Electric Windows, Immobiliser, Leather, Power Steering, Franchise Approved, ABS Brakes, Air Conditioning, Alloy Wheels, Drivers Airbag, Electric Windows, Immobiliser, Leather Interior, Power Steering, Single CD Player
BMW Z3 - 1.9 8V - Open Car - Black
02 , 02, 98738 miles, £4995
Air-Bag, Alarm, Alloy Wheels, Anti-Lock Brakes, Central Locking, Electric Mirrors, Electric Windows, Immobiliser, Leather, Passenger Air-bag, Power Steering, Traction Control, Remote Central Locking, Front Electric Windows, Electric Mirrors, ABS, Traction Control, , Power Steering, Drivers Airbag, Passenger Airbag, Alarm, Immobiliser, Full Leather Interior, Alloy Wheels
BMW Z3 - 1.9 2DR - Open Car - Silver
98 , S, 112000 miles, £3490
Air-Bag, Alloy Wheels, Anti-Lock Brakes, Anti-Theft Device, CD Player, Central Locking, Cruise Control, Electric Mirrors, Electric Windows, Fog/Spot Lights, Leather, Metallic Paint, Passenger Air-bag, Tinted Glass, Traction Control, BMW Z3 1.9, 2 Doors, Manual, Petrol, 1998 S Reg , 112, 000 miles, Metallic Silver, MOT-08-2011, 1 Owner, ABS, Adjustable seats, Alloy wheels, Anti theft system, CD, Central locking, Colour coding - Body, Computer, Cruise control, Driver airbag, Electric mirrors, Electric windows, Foglights, Headlight washers, Heated seats, Leather seats, Leather upholstery, Metallic paintwork, Passenger airbag, Power assisted steering, Radio, Rear armrest, Remote locking, Side airbags, Sports seats, Tinted glass, Traction control. Insurance Group:14, £3, 490, 112, MOT-08-2011, Adjustable seats, Anti theft system, Colour coding - Body, Computer, Foglights, Headlight washers, Heated seats, Metallic paintwork, Radio, Rear armrest, Sports seats, Tinted glass, Traction control. Insurance Group:14
BMW Z3 - 1.9 8V 2DR - Open Car - Silver
98 , R, 93000 miles, £3490
Air-Bag, Alarm, Anti-Lock Brakes, CD Player, Central Locking, Electric Windows, Full Service History, Immobiliser, Leather, Passenger Air-bag, Power Steering, Radio/Cassette, Traction Control, BMW Z3 1.9 8v, 2 Doors, Manual, Petrol, 1998 R Reg , 93, 000 miles, Silver. ABS, Central locking, Headlight washers, Immobiliser, Passenger airbag, Radio/Cassette, Rear headrests, Traction control, Service indicator, Alarm, PAS, CD, Leather seat trim, Front head restraints, Front electric windows, Electrically adjustable drivers seat, Electric door mirrors, Drivers airbag, Electrically adjustable passenger seat, Full Service History. Insurance Group:14E, £3, 490, Headlight washers, Radio/Cassette, Rear headrests, Traction control, Service indicator, Front head restraints, Electrically adjustable drivers seat, Electric door mirrors
You subscribed on 04/01/11 to a three times a week BMW Z3 update with Carsbymail . Here are the latest results of your search. You can change your preferences or unsubscribe
BMW Z3 - 2.8 - Open Car - Silver
99 , T, 92000 miles, £4980
Air-Bag, Alarm, Anti-Lock Brakes, Central Locking, Electric Seats, Electric Windows, Fog/Spot Lights, Immobiliser, Leather, Radio/Cassette, Anti-Lock Brakes, Remote Control Alarm, Power-Assisted Steering, Driver Air Bag, Black Hood, On-Board Computer, Front Seat Heating, Driver/Passenger Electric Seats, Electric Door Mirrors, Immobiliser, Front Fog Lights, Front Electric Windows, Key Central Door Locking, Trip Computer, Rev Counter, Chrome Line Exterior, Full Leather/Pass Airbag/Wood Trim, Radio/Cassette, Speakers, Leather interior
BMW Z3 - 1.9 - Open Car - Green
99 , T, 68000 miles, £3995
Air-Bag, Alloy Wheels, Anti-Lock Brakes, Central Locking, Electric Windows, Full Service History, Leather, Passenger Air-bag, Power Steering, Traction Control, FULL SERVICE HISTORY LEATHER INTERIA Central Locking, Front Electric Windows, ABS, Traction Control, Power Steering, Drivers Airbag, Passenger Airbag, Alloy Wheels mobile 07939223363
BMW Z3 - 1.9 2dr - Open Car - Blue
97 , R, 99556 miles, £2994
Alloy Wheels, CD Player, Central Locking, Electric Windows, Metallic Paint, Leather, Alloy Wheels, Electric Windows, CD Player, Central Locking, Leather Covered Steering Wheel, Complimentary Accident Assistance, Comprehensive Health Check, Computer, Flexible Finance Options Available, Metallic Paint, Power Assisted Steering (PAS), Physical Car Available For Viewing Today, Please Check For Availability and Exact Mileage, ***Evans Halshaw Every Day Low Pricing Guarantee**
BMW Z3 - 1.8 - Open Car - Red
00 , X, 42000 miles, £4999
Air-Bag, Alarm, Alloy Wheels, Anti-Lock Brakes, Central Locking, Electric Windows, Immobiliser, Passenger Air-bag, Power Steering, Traction Control, ABS, Central locking, Immobiliser, Passenger airbag, Traction control, Remote locking, Part Service History, Alloy wheels, Colour coding - Body, Alarm, Driver airbag, Drivers airbag, Electric door mirrors, Front electric windows, PAS, Service indicator, Electrically adjustable drivers seat, Electrically adjustable passenger seat, Cloth upholstery. Insurance Group:14E, A very nice clean original Z3 individual model with good history and a red coloured roof, something a bit different., £4, 999
BMW Z3 - 1.9 - Open Car - Silver
98 , , 108000 miles, £3995
Air-Bag, Air-Conditioning, Alarm, Alloy Wheels, Anti-Lock Brakes, Electric Mirrors, Electric Windows, Full Service History, Immobiliser, Leather, Power Steering, 2 Registered Keepers, Electric Roof, Alloy Wheels, Full Leather Interior, Electric Windows, Electric Mirrors, ABS, Climate Control, Power Steering, Alarm, Immobiliser, Drivers Airbag, Full Service History
BMW Z3 - 1.9 8V - Open Car - Blue
01 , Y, 75000 miles, £3995
Air-Bag, Alarm, Alloy Wheels, Anti-Lock Brakes, Central Locking, Electric Mirrors, Electric Windows, Immobiliser, Passenger Air-bag, Power Steering, Traction Control, Central Locking, Remote Central Locking, Front Electric Windows, Electric Mirrors, ABS, Traction Control, Power Steering, Drivers Airbag, Passenger Airbag, Alarm, Immobiliser, Alloy Wheels, Stunning Car, 12 mths MOT on Purchase.
BMW Z3 - 1.9 - Open Car - Blue
97 , P, 73000 miles, £3987
Air-Bag, Air-Conditioning, Alloy Wheels, Anti-Lock Brakes, CD Player, Electric Windows, Immobiliser, Leather, Power Steering, Franchise Approved, ABS Brakes, Air Conditioning, Alloy Wheels, Drivers Airbag, Electric Windows, Immobiliser, Leather Interior, Power Steering, Single CD Player
BMW Z3 - 1.9 8V - Open Car - Black
02 , 02, 98738 miles, £4995
Air-Bag, Alarm, Alloy Wheels, Anti-Lock Brakes, Central Locking, Electric Mirrors, Electric Windows, Immobiliser, Leather, Passenger Air-bag, Power Steering, Traction Control, Remote Central Locking, Front Electric Windows, Electric Mirrors, ABS, Traction Control, , Power Steering, Drivers Airbag, Passenger Airbag, Alarm, Immobiliser, Full Leather Interior, Alloy Wheels
BMW Z3 - 1.9 2DR - Open Car - Silver
98 , S, 112000 miles, £3490
Air-Bag, Alloy Wheels, Anti-Lock Brakes, Anti-Theft Device, CD Player, Central Locking, Cruise Control, Electric Mirrors, Electric Windows, Fog/Spot Lights, Leather, Metallic Paint, Passenger Air-bag, Tinted Glass, Traction Control, BMW Z3 1.9, 2 Doors, Manual, Petrol, 1998 S Reg , 112, 000 miles, Metallic Silver, MOT-08-2011, 1 Owner, ABS, Adjustable seats, Alloy wheels, Anti theft system, CD, Central locking, Colour coding - Body, Computer, Cruise control, Driver airbag, Electric mirrors, Electric windows, Foglights, Headlight washers, Heated seats, Leather seats, Leather upholstery, Metallic paintwork, Passenger airbag, Power assisted steering, Radio, Rear armrest, Remote locking, Side airbags, Sports seats, Tinted glass, Traction control. Insurance Group:14, £3, 490, 112, MOT-08-2011, Adjustable seats, Anti theft system, Colour coding - Body, Computer, Foglights, Headlight washers, Heated seats, Metallic paintwork, Radio, Rear armrest, Sports seats, Tinted glass, Traction control. Insurance Group:14
BMW Z3 - 1.9 8V 2DR - Open Car - Silver
98 , R, 93000 miles, £3490
Air-Bag, Alarm, Anti-Lock Brakes, CD Player, Central Locking, Electric Windows, Full Service History, Immobiliser, Leather, Passenger Air-bag, Power Steering, Radio/Cassette, Traction Control, BMW Z3 1.9 8v, 2 Doors, Manual, Petrol, 1998 R Reg , 93, 000 miles, Silver. ABS, Central locking, Headlight washers, Immobiliser, Passenger airbag, Radio/Cassette, Rear headrests, Traction control, Service indicator, Alarm, PAS, CD, Leather seat trim, Front head restraints, Front electric windows, Electrically adjustable drivers seat, Electric door mirrors, Drivers airbag, Electrically adjustable passenger seat, Full Service History. Insurance Group:14E, £3, 490, Headlight washers, Radio/Cassette, Rear headrests, Traction control, Service indicator, Front head restraints, Electrically adjustable drivers seat, Electric door mirrors
Interesting thread this. I gave £5,500 to a dealer for my 02 2.2 with 59k on the clock. It is pretty minty, wheels all good, but nothing beyond stonechips.
Since I've owned it, I've done the brakes even though they were fine - just a thing with me, a new battery & I'm about to refresh the front suspension with new wishbones, droplinks & powerflex bushes. All in all, I feel I paid about the right price & I have no complaints. I could always hang on & hang on for a better deal, but the one I found was definitely a well looked after car, with nothing more than fair wear & tear.
Since I've owned it, I've done the brakes even though they were fine - just a thing with me, a new battery & I'm about to refresh the front suspension with new wishbones, droplinks & powerflex bushes. All in all, I feel I paid about the right price & I have no complaints. I could always hang on & hang on for a better deal, but the one I found was definitely a well looked after car, with nothing more than fair wear & tear.
Great discussion thread Mike.
I have just bought a 1997 Z3 1.9, red with black leather and Z-star alloys with 1st owner 4years next 10 years, full service history (BMW & Indy), all paperwork from purchase reciept, sevice records and all MOTs.
Best of all always garaged and only 27k miles. It is as new, including the underneath.
Insurance agreed value £5000, but I paid well less. I am V. Happy and now just want some sunshine
On the whole the prices of low owner, low miles etc will always fetch a premium and whilst most good well kept / maintained ones will not drop much below £3k it will be at least another 5 - 7 years till prices for the best ones go north. Take a look at the e30s for comparison. 325i sports now up wards of £6k for good ones, £4k for 318iS and even the 316, 318 & 320s in good fettle go for £2.5k whereas few years ago these were sub £1k.
Moral = keep Zedding with a smile as its better than money in the bank.
I have just bought a 1997 Z3 1.9, red with black leather and Z-star alloys with 1st owner 4years next 10 years, full service history (BMW & Indy), all paperwork from purchase reciept, sevice records and all MOTs.
Best of all always garaged and only 27k miles. It is as new, including the underneath.
Insurance agreed value £5000, but I paid well less. I am V. Happy and now just want some sunshine
On the whole the prices of low owner, low miles etc will always fetch a premium and whilst most good well kept / maintained ones will not drop much below £3k it will be at least another 5 - 7 years till prices for the best ones go north. Take a look at the e30s for comparison. 325i sports now up wards of £6k for good ones, £4k for 318iS and even the 316, 318 & 320s in good fettle go for £2.5k whereas few years ago these were sub £1k.
Moral = keep Zedding with a smile as its better than money in the bank.
Values
Hi,
I have a 99T first of the facelift Z3 2.8.
The car has all of 20500 miles on the clock with 12 BMW service stamps in the book.I bought this car 4 years ago for £6500 and at the time i knew it was almost depreciation proof as the car is as new.
Has anybody noticed that the Z3 2.8 is now in the value section of Practical Classics for the first time last month and i firmly believe that if you have the right one.... hold on to it and you will have the enjoyment of owning a car with zero depreciation and lots of fun as well.
Just my opinion.
I have a 99T first of the facelift Z3 2.8.
The car has all of 20500 miles on the clock with 12 BMW service stamps in the book.I bought this car 4 years ago for £6500 and at the time i knew it was almost depreciation proof as the car is as new.
Has anybody noticed that the Z3 2.8 is now in the value section of Practical Classics for the first time last month and i firmly believe that if you have the right one.... hold on to it and you will have the enjoyment of owning a car with zero depreciation and lots of fun as well.
Just my opinion.
Values
Hi,
I have a 99T first of the facelift Z3 2.8.
The car has all of 20500 miles on the clock with 12 BMW service stamps in the book.I bought this car 4 years ago for £6500 and at the time i knew it was almost depreciation proof as the car is as new.
Has anybody noticed that the Z3 2.8 is now in the value section of Practical Classics for the first time last month and i firmly believe that if you have the right one.... hold on to it and you will have the enjoyment of owning a car with zero depreciation and lots of fun as well.
Just my opinion.
I have a 99T first of the facelift Z3 2.8.
The car has all of 20500 miles on the clock with 12 BMW service stamps in the book.I bought this car 4 years ago for £6500 and at the time i knew it was almost depreciation proof as the car is as new.
Has anybody noticed that the Z3 2.8 is now in the value section of Practical Classics for the first time last month and i firmly believe that if you have the right one.... hold on to it and you will have the enjoyment of owning a car with zero depreciation and lots of fun as well.
Just my opinion.
I can assure you that you don't get a better price for a Clio, they offered £450 for mine, about a third of what I ended up selling it for. They're straight up con artists from what I've seen. Some really shady practices too, "salesmen" pushing people who don't really know what they're doing to sell for less than they were quoted on the website etc.Evmundo wrote:They offered you a low price because they don't really want that type of car, niche market sector, it would sit on their books for too long, these guys make money by rapid turnover, so your Astra, Corsa, Clio, little pugs etc fetch a better buy it price.
1997 2.8 Z3 | Gallery Thread
I dont think they are con artists, they are never going to give you book value, and they will want to make at least 30% margin on the car when they sell, and thats after any repairs they have to do, cover of overheads etc. It is a business after all, and it works because some people are either desparate for cash, don't understand the value of their car or just can't be bothered with the hassle of selling private. There business model fits a market need and they exploit it like any other business exploits it's market. I assume you work for a business or have a business, in which case you know you don't give anything away for free to your customers, unless it is a sprat to catch a mackerel.
If you want top dollar, then the only way is to sell private and then only at the right time when ZEDS are scarce.
(I don't work for them BTW!!!! )
If you want top dollar, then the only way is to sell private and then only at the right time when ZEDS are scarce.
(I don't work for them BTW!!!! )
Yep, OXO is right about prices in mainland Europe.
I could have bought an ///M in the UK for the money I paid for my left hooker over here.
Below is an example from the Dutch Z forum :-
BMW Z3 1.9, 140 PK (HP) Roadster Zwart (Black) Mett, AIRCO, NL-auto (Dutch Car). 1996 - 162.263 km.
Asking price € 6.500,00 (21-05-11)
First offer € 4.500,00 (28-05-11)
Latest offer € 6.750,00 (16-06-11)
And no, they are not his 'mates' bidding to get the price up.
http://www.z3forum.nl/index.php?showtopic=11653
I could have bought an ///M in the UK for the money I paid for my left hooker over here.
Below is an example from the Dutch Z forum :-
BMW Z3 1.9, 140 PK (HP) Roadster Zwart (Black) Mett, AIRCO, NL-auto (Dutch Car). 1996 - 162.263 km.
Asking price € 6.500,00 (21-05-11)
First offer € 4.500,00 (28-05-11)
Latest offer € 6.750,00 (16-06-11)
And no, they are not his 'mates' bidding to get the price up.
http://www.z3forum.nl/index.php?showtopic=11653
HT
Titan's apprentice.
Titan's apprentice.
http://www.lde.nu/index.htmTitan wrote:Occupations ?
Official Devil's Advocate
Leg Puller
Micky Taker
1998 M Roadster
104,000 miles. FBMWSH upto 80,000, then mobile mechanic . Then me (probably best service it's ever had, but the one that will add the least value).
Advertise for £8,000, but I wouldn't expect to get that. The £1,000 I've spent on it has probably not added one penny to it's value , as it is still a 100,000+ mile, 10+ year old car.
I often discuss the power of the CAP / Glass book with my mate. It's the only thing that dealers look at and consequently it's what drives the price.
Average car depreciation is 50% per 3 years. BMW is better than that at around 30%-40%. If you can do better than that, you have a good 'un.
Past 3-Year Depreciation Rates
M Roadster = 25%
330 = 45%
Smart = 25%
Escort Van = 10%
Estimated Future 3-Year Depreciation Rates
M Roadster = 10% (I've waited nearly 3 years for the prices to drop to £5,000 and they never did. I think the price will drop to £6,000 by 2014, lower if tax rates change.)
330 = 40% (I think the price will drop to £3,000 by 2014)
Smart = 20% (I think the price will drop to £1000 by 2014)
Escort Van = 0% (If it's got an MOT, it will still be worth more than I paid for it )
104,000 miles. FBMWSH upto 80,000, then mobile mechanic . Then me (probably best service it's ever had, but the one that will add the least value).
Advertise for £8,000, but I wouldn't expect to get that. The £1,000 I've spent on it has probably not added one penny to it's value , as it is still a 100,000+ mile, 10+ year old car.
I often discuss the power of the CAP / Glass book with my mate. It's the only thing that dealers look at and consequently it's what drives the price.
Average car depreciation is 50% per 3 years. BMW is better than that at around 30%-40%. If you can do better than that, you have a good 'un.
Past 3-Year Depreciation Rates
M Roadster = 25%
330 = 45%
Smart = 25%
Escort Van = 10%
Estimated Future 3-Year Depreciation Rates
M Roadster = 10% (I've waited nearly 3 years for the prices to drop to £5,000 and they never did. I think the price will drop to £6,000 by 2014, lower if tax rates change.)
330 = 40% (I think the price will drop to £3,000 by 2014)
Smart = 20% (I think the price will drop to £1000 by 2014)
Escort Van = 0% (If it's got an MOT, it will still be worth more than I paid for it )
Pingu
Judging by your posts, it looks like you would prefer two hours with Joanna Lumlley.Warrior wrote:Won't be selling but will give away for nothing to anybody who can sort me out half an hour with Joanna Lumley
HT
Titan's apprentice.
Titan's apprentice.
http://www.lde.nu/index.htmTitan wrote:Occupations ?
Official Devil's Advocate
Leg Puller
Micky Taker
-
- Joined: Tue 09 Feb, 2010 22:39
- Posts: 204
- Location: Swansea
Tentatively advertised my 2000 (W) 2.0 with 71k miles, FSH on the (free) Pistonheads classified site a month ago for £4100ono. I paid just under 5k for it 18 months ago and have spent at least another £1k on it including strut brace, 18" MV2 alloys and new tyres, custom remap, new Sony stereo, new wishbones and powerflex bushes, full service etc etc.
So far, not a single enquiry. Not that I'm that bothered, I will hang on to it for the summer, I only wanted to sell to fund a 3.0 Z3 / Z4 (or possibly an M).
As I said, its only been advertised on the free part of PH so not really expecting a stampeed of buyers, but suprised not to have had any enquiries at all.
So far, not a single enquiry. Not that I'm that bothered, I will hang on to it for the summer, I only wanted to sell to fund a 3.0 Z3 / Z4 (or possibly an M).
As I said, its only been advertised on the free part of PH so not really expecting a stampeed of buyers, but suprised not to have had any enquiries at all.
When I advertised my mint, ultra low mileage 350Z GT4 (1 of 77 in yellow) on PH I never had a solitary enquiry.simonbud100 wrote:Tentatively advertised my 2000 (W) 2.0 with 71k miles, FSH on the (free) Pistonheads classified site a month ago for £4100ono. I paid just under 5k for it 18 months ago and have spent at least another £1k on it including strut brace, 18" MV2 alloys and new tyres, custom remap, new Sony stereo, new wishbones and powerflex bushes, full service etc etc.
So far, not a single enquiry. Not that I'm that bothered, I will hang on to it for the summer, I only wanted to sell to fund a 3.0 Z3 / Z4 (or possibly an M).
As I said, its only been advertised on the free part of PH so not really expecting a stampeed of buyers, but suprised not to have had any enquiries at all.
Simon, I sold my 2 litre (2000 on an X plate with 56K, part history and advisories on 3 tyres) for £4500 last week. It was advertised at 4995. Was on PH for about 6 weeks but I had about a dozen enquiries.simonbud100 wrote:Tentatively advertised my 2000 (W) 2.0 with 71k miles, FSH on the (free) Pistonheads classified site a month ago for £4100ono.
Bought my 1.9 M44 4 years ago with 167k km for 90,000NIS (New Israeli Shekel). The exchange rate was 8NIS/£ (so ~£11,500)
Now at 243k and worth 70,000NIS - the sterling is now in the toilet at 5.5NIS/£ so I actually made £££ as it's now worth over £12,500.
(The steep price is due to import duties and the rareness of Z3s here - only about 150 in the country)
Now at 243k and worth 70,000NIS - the sterling is now in the toilet at 5.5NIS/£ so I actually made £££ as it's now worth over £12,500.
(The steep price is due to import duties and the rareness of Z3s here - only about 150 in the country)
Z3 values
Hi - just to share my experience.
Ive had a series of motorbikes (just for weekends and polishing) and decided the pot holes made it too dangerous. I wanted a reliable easy to live with car that management at home would enjoy driving as well. Z3 was targetted!!.
First port of call was BMW dealer in Tring with a toxic green Fiji edition - pretty ropey condition, no history and £7k. Without much research I knocked him down to £5k as I liked getting it from local big bmw dealer and it had matching hard top. They wouldn't go to my price (£4.5k) so I walked. The car then appeared in a small independent dealer 4 mile down the road, for sale at £4.2k. so orginal dealer must have let it go for £3.5k but didn't want to lose face to me. Ho hum - anyway I thought twice about the car - it was a bit smelly, no history and "was not talking to me".
I then spent a really interesting 6 weeks looking at cars being sold privately at Parkers guide type valuations, and I was always too late for the good value, nice condition items.
I have now got an R reg 2.8 80,000 miles which I got from a dealer so it was MOT'd with a reasonable history and its fab. It came with one of the iffy warrenties which was not worth the paper. The drivers window stopped working which was fixed but at my cost as the warrenty would pay for the window motor but not the switch.
So my experience is based on having confidence in the breed - its a good car, check the price guides, look for supporting paperwork - it may not be perfect but a good indicator, and then see if it talks to you. Dont let perfect be the enemy of good - then act quickly.
Love my Zed!!
Ive had a series of motorbikes (just for weekends and polishing) and decided the pot holes made it too dangerous. I wanted a reliable easy to live with car that management at home would enjoy driving as well. Z3 was targetted!!.
First port of call was BMW dealer in Tring with a toxic green Fiji edition - pretty ropey condition, no history and £7k. Without much research I knocked him down to £5k as I liked getting it from local big bmw dealer and it had matching hard top. They wouldn't go to my price (£4.5k) so I walked. The car then appeared in a small independent dealer 4 mile down the road, for sale at £4.2k. so orginal dealer must have let it go for £3.5k but didn't want to lose face to me. Ho hum - anyway I thought twice about the car - it was a bit smelly, no history and "was not talking to me".
I then spent a really interesting 6 weeks looking at cars being sold privately at Parkers guide type valuations, and I was always too late for the good value, nice condition items.
I have now got an R reg 2.8 80,000 miles which I got from a dealer so it was MOT'd with a reasonable history and its fab. It came with one of the iffy warrenties which was not worth the paper. The drivers window stopped working which was fixed but at my cost as the warrenty would pay for the window motor but not the switch.
So my experience is based on having confidence in the breed - its a good car, check the price guides, look for supporting paperwork - it may not be perfect but a good indicator, and then see if it talks to you. Dont let perfect be the enemy of good - then act quickly.
Love my Zed!!
Hi, I am now on my second Z3, the first was a 1999 T 2.8 bought Apr 2009 for £3800 it had 85k on it and was a very tidy car. After having the car for 18 months putting a lot of time cleaning I decided to put the car up for sale at a High price with the hope of getting a M.
I sold the 2.8 for £4650, and bought the M I have no from a Porsche specialist for £6999 including matching hard top Prices in October I felt were as low as they were going to get and as it was a trade in felt it was a safe bet even thou I bought the car over the phone.
The M has done 52k miles full BMW service history and in good condition.
I have no plans to ever sell the M, but would like to think it is worth £8-9k including Hard top.
I sold the 2.8 for £4650, and bought the M I have no from a Porsche specialist for £6999 including matching hard top Prices in October I felt were as low as they were going to get and as it was a trade in felt it was a safe bet even thou I bought the car over the phone.
The M has done 52k miles full BMW service history and in good condition.
I have no plans to ever sell the M, but would like to think it is worth £8-9k including Hard top.
late 1998 Z3 1.9 (140 bhp) my first Z
I picked this car up 2 weeks ago from Glasgow city , it has full service BMW 8 years then independent, SS exhaust, 6 months tax @ MOT and all old MOT and bills for over £1000 in the last 12 months . 116500 mls 1 month ago the person had it up for sale @ £2750 . then reduced it to £2400 . the car was dirty city grime on the bodywork looks like he just put a bucket of water on once a year
inside was just as dirty . a few scrapes on the bumpers and the usual stone chips and the 18 mv2 bad state of kerbing but otherwise good set of boots on it
I could see through the grime and dirt , it had slow windows drivers only came down if door was open (wd40 soon sorted out the windows ) after getting the car I had the bodywork sorted out the mv2 alloys refurbishment and powder-coated ( shadow chrome ) and she looks a lot better drives well and I love her to bits (wife says I give her more attention than she gets )
total investment so far on this car is £7.50 short of £2000
£1500 for the car the rest on bodywork and alloy refurbishment . lots of sweat cleaning her up . ...........
I picked this car up 2 weeks ago from Glasgow city , it has full service BMW 8 years then independent, SS exhaust, 6 months tax @ MOT and all old MOT and bills for over £1000 in the last 12 months . 116500 mls 1 month ago the person had it up for sale @ £2750 . then reduced it to £2400 . the car was dirty city grime on the bodywork looks like he just put a bucket of water on once a year
inside was just as dirty . a few scrapes on the bumpers and the usual stone chips and the 18 mv2 bad state of kerbing but otherwise good set of boots on it
I could see through the grime and dirt , it had slow windows drivers only came down if door was open (wd40 soon sorted out the windows ) after getting the car I had the bodywork sorted out the mv2 alloys refurbishment and powder-coated ( shadow chrome ) and she looks a lot better drives well and I love her to bits (wife says I give her more attention than she gets )
total investment so far on this car is £7.50 short of £2000
£1500 for the car the rest on bodywork and alloy refurbishment . lots of sweat cleaning her up . ...........
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- Joined: Fri 19 Feb, 2010 18:38
- Posts: 65
As I mentioned I in a different thread, BMW might not list the z3 on their website, but if you search for roadster then the z3 does occasionally appear. There is an s reg z3m for just under 17k at the mo.
I bought my 1997 2.8 from main dealer just over a year ago. Might have paid over the odds but have had both seat mechanisms replaced and sills renewed under wArranty, so don't feel I paid much over the odds. Would still consider it relatively depreciation free
I bought my 1997 2.8 from main dealer just over a year ago. Might have paid over the odds but have had both seat mechanisms replaced and sills renewed under wArranty, so don't feel I paid much over the odds. Would still consider it relatively depreciation free
Simon, I sold my 2 litre (2000 on an X plate with 56K, part history and advisories on 3 tyres) for £4500 last week. It was advertised at 4995. Was on PH for about 6 weeks but I had about a dozen enquiries.
that gives me some hope as i would really like £5000 for my 2.2 sport.51 plate 2.2 sport 53000 miles with fmdsh.usual extras plus aircon/e/hood.insp 2 and brake fluid change at 47000.3 green lights showing.4 new hankook tyres at about the same time and new back window.front and rear discs/pads last november.will try autotrader and if no takers will wait until march
that gives me some hope as i would really like £5000 for my 2.2 sport.51 plate 2.2 sport 53000 miles with fmdsh.usual extras plus aircon/e/hood.insp 2 and brake fluid change at 47000.3 green lights showing.4 new hankook tyres at about the same time and new back window.front and rear discs/pads last november.will try autotrader and if no takers will wait until march
Here's one from the USA.
My Z3 is a 2000 2.3 (no, thats not a type error). I bought it in Sept 2008 for $12,500 with 65,000 miles on it.
Fast forward to last month, while driving around I saw a Topaz Blue 2001 3.0i with 72k miles for sale listed at the same price as mine was almost 3 years prior. For a giggle I test drove it, it was in fairly decent shape, so I asked the dealer what he's offer on my Dakar w/98,000 miles as trade. He offered me $10,000.00! Not bad! However nice the 3.0i was, I still love my Dakar more, even if it is "just" a 2.3!
My Z3 is a 2000 2.3 (no, thats not a type error). I bought it in Sept 2008 for $12,500 with 65,000 miles on it.
Fast forward to last month, while driving around I saw a Topaz Blue 2001 3.0i with 72k miles for sale listed at the same price as mine was almost 3 years prior. For a giggle I test drove it, it was in fairly decent shape, so I asked the dealer what he's offer on my Dakar w/98,000 miles as trade. He offered me $10,000.00! Not bad! However nice the 3.0i was, I still love my Dakar more, even if it is "just" a 2.3!
2000 Z3 2.3 Topaz Blue Metallic over Black and Sandbeige leather.
I can`t believe how fast the prices are falling, I can almost watch the money fall off my Z as I drive it! I currently have mine up for sale, I`ve had everything done, no expense spared and still no-one wants it, has all green lights showing, brake oil and anti freeze change, full BMW KDS wheel alignment, even has a BMW warranty with it, and still not one single call, I think even if I had it presented in a gold box no-one would take a look! Arghhhh!
http://howmanyleft.co.uk/?q=bmw+z3
this website determines (fairly inaccurately I think) how many Z3's are left in the country. Numbers do appear to be falling?
this website determines (fairly inaccurately I think) how many Z3's are left in the country. Numbers do appear to be falling?
''need I remind you 007, you have a licence to kill...not to break the traffic laws''