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12-01-2017, 10:28 AM | #1 |
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How to value my Z4M roadster?
Hi All,
Recently finished up rebuilding a 2007 Z4M roadster that had a vanos failure. Only really been involved with Z4s since I purchased in August. For those that have known these cars longer than I, what goes into determining value of them? KBB and NADA are very different price wise ($8k difference between the two sites). I do know coupes command a higher premium, but where do roadsters currently sit? Car is a 2007 black Z4M roadster with 52k. I purchased the car with the intent to flip it after a rebuild, but of course after driving it I am now undecided . Trying to get a ball park idea on what these sell for as prices I've seen online have quite a large range. I've seen anywhere from $15k right up to $30k. Appreciate any help! |
12-01-2017, 11:23 AM | #3 | |
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I can tell you, I've owned two Z4Ms now for nearly seven years and the car never gets old. I'd suggest keeping the car and driving it for years, especially since you just dumped all that money into it. It really is an amazing, fun machine. |
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12-01-2017, 11:24 AM | #4 |
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Thanks! I was thinking the same, as it falls right in between NADA & KBB. Car is black on black w/premium package & carbon leather dash inserts. On the negative side no maint records from prior to my ownership, but on the plus side I rebuilt along the engine which I have receipts for.
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12-01-2017, 11:26 AM | #5 |
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List it at $22,000+, KBB doesn't work for these it says E46 M3's are worth 13k when they sell for around 25... These cars in the auction sell for over 17k with that mileage anything below that and you're losing money. Anyway, you're not going to get a quick sale for the car unless you have priced it CHEAP, it takes time to find the right buyer for these cars since they're aimed at enthusiasts looking for a weekend or track duty car as these are not daily drivers for 99% of people.
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12-01-2017, 11:27 AM | #6 | |
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12-01-2017, 08:42 PM | #7 |
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I value mine as priceless. They don't make them like this anymore and I hope I never have to sell. Only add
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12-02-2017, 02:37 AM | #8 | |
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If I was in the market, I'd pay as much as $25k. Mine's blue over black with same options. I paid $25k for it almost 7 years ago with 40k miles and a broken Vanos (but not blown engine). I think I got a deal.
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12-02-2017, 08:43 AM | #9 | |
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Priceless?
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There are those that consider vehicles priceless....no matter their market value. For those, the simplicity of just seeing your ride is enough. Reality....if money were no object, perhaps we would all wish to drive something else. My dream car would be the 2008 Lotus Exige....the first year of forced induction....Sir Colin Chapman's creed....performance through lightweight. Back to reality....time of year (winter vs summer) effects valuation. A thought is to perform a search for your model year on Autotrader and select any where in the US and not just in your area.
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12-04-2017, 03:51 PM | #10 |
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Nav is a negative. Just a rattling hole in the dash.
Be honest and thorough in your description of what was wrong with the car when you started repairing it, and with what and how you fixed it. Start with the folks on this forum. The truth is that if you did a right proper job of the fix, the car may actually be worth more. |
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12-04-2017, 09:58 PM | #11 | |
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That's how my mind works on valuing the car. I'd start with a base price of about $24K (I think a little on the high side for 52K miles) and then add and subtract soon to be needed service and wear items, and any cosmetic fixes needed. Salty
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12-05-2017, 11:03 AM | #12 | |
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Thanks all for the help in valuing the car. The car does not have navi but I believe it has one of the “premium audio set ups”. I have the window sticker at home but I’ll have to double check what it says when I get back from my short LA trip. Doing everything I can to avoid the NY winters . I believe the car has the premium package, does that mean it also would have gotten a better stereo set up? I’ve replaced quite a bit of parts on the engine and when I’m back home I’ll find some time to write up a list. Should I sell I’m very much one who would rather be upfront with what I’ve done rather than hiding from a potential buyer. Would certainly like the opinions of the group if anything else might need to be replaced or if I’ve hit all the known likely to fail/wear items. Thanks, Ryan |
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12-26-2017, 09:37 AM | #14 |
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01-06-2018, 08:48 PM | #15 |
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Z4 MR
I think value is related to comparable market for similar cars, S2000 and Cayman S. These cars are currently very desirable and relatively economical for the everyday guy or gal. My estimation is if they are in reasonably stock condition and low mileage the value is pretty high...roughly 50% of new cost. I think we have seen the bottom for pricing (06 to 08 M cars) and that we will see the Roadster & Coupe form increase but not ever exceed the cost of new going forward 5 to 10 years in my opinion.
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01-13-2018, 11:33 PM | #16 | |
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As others have mentioned, pricing these cars very much depends on the condition and mileage of the car. It's 100% an enthusiast market so KBB and Carmax are useless and will absolutely low-ball you compared to the enthusiast market value. With the M Roadster, seasonality plays a factor, though I know a lot of owners use the car as a weekend or "special occasion car" so not driving it in the winter is common. That said, you'd probably be able to get 5-10% more if you hold out until the spring or summer. I follow the market pretty closely and am on sites like EAG, Autotrader, and BAT almost daily. I can't comment specifically on your car, but I have noticed that the Z4M's (both roadster and coupe) have continued to hold their value well, particularly the clean ones. I think clean, well sorted Z4MRs that are under 50k miles are at the bottom of the depreciation curve. Ones below 35k miles will likely start to increase in value over the next 2-3 years as they are becoming very rare and check all the enthusiast boxes and are one of the last, N/A BMW M cars. As a general trend, I think the N/A M cars will hold their value the best over time since it's the last of an era. Good luck! Last edited by KPop; 01-21-2018 at 11:00 PM.. |
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