Maybe I'm stating the obvious but the Z4m isn't as practical b/c
1) more expensive to purchase or replace
2) aftermarket parts are not readily as available and
3) it lacks space
But these arguments could be made with any other older BMW chassis, ie e36/46 m3. Sure the e46 m3 is the obvious comparable because they both share the same motor but it seems like a no brainer than any previous gen 3 series is going to be more practical.
But as GTfour mentioned, I prefer the Z4 for the non-practical reasons. I love the way the car looks, it's unique and I have some kind of emotional attachment to it -- and these reasons are probably the same reasons we bought the car in the first place. Can't tell you the number of times I've had folks come up to me at the paddock and ask about my car.
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