FS: 2007 Z4MC 2300 miles perfect $36,000

[sendkcone]

The best offer I've had so far is $32k which I'm not willing to accept for this car. I will consider a trade for a comparable 2006 E46, 335i sedan, 2008 M3 sedan, or possibly a 997.

[sendkcone]

Scratch that. After looking into it, I don't believe I can go to a non-M car. Will consider trade for E90 M3 in case anyone got in over their head or something.

[sendkcone]

Photos finally up. Let me know if you have questions or want more photos. $36,000 or possible trade for 08-09 M3 sedan. Now has 2250 miles.

[sendkcone]

Price Reduced to $34,990.

[minime]

Originally Posted by sendkcone

CA DMV will not let you drive a new car off the lot without paying sales tax in CA. The only way to avoid that is to have a shipper pick the car up. I have not yet re-registered the car in Utah. It has CA plates and a CA title. Someone said nice excuse....Excuse for what?

Was the car billeted at your property in North Holywood?

[sendkcone]

How'd you know I've got property in North Hollywood? The car spent one day in LA before I drove it back to Utah.

[sendkcone]

Reduced final time to $33,999. As good as new.

[M2audioman]

Everything I see one of these ads, it makes me wish I bought this car used...Ouch.

Good luck with the sale!

[minime]

The resale market for the Z4M is uncertain at the moment not simply because of the general economic malaise;
For 2007 BMW massively overproduced these cars:
http://en.wikipedia.org/wiki/BMW_M_Coupe
SCROLL TO THE END OF THE ARTICLE FOR PRODUCTION NUMBERS
In the last quarter of 07, when you bought yours, there was a blowout sale where these could be acquired for invoice minus $7500:
http://www.zpost.com/forums/showthre...t=95906&page=2
On top of this, 90% of all Z4Ms produced were leased in a 24-36 month time frame with the bulk on a 30 month cycle. If you do the math you can figure that this glut of leased cars is just about to start getting turned in now, so we are on the crest of a new wave of market saturation.
At the end of the day, if you did your homework when you purchased your car, you paid ~$38-41K. You are whinging about a 10% loss in value on a car you have owned for 15 months? Talk to guys who own Aston Martins or Lotuses if you want to know what serious depreciation feels like.

[M2audioman]

I paid $43K for mine back in Nov 07. I'm not too screwed, but still screwed nonetheless...

[minime]

Originally Posted by 335audioman

I paid $43K for mine back in Nov 07. I'm not too screwed, but still screwed nonetheless...

If you sold equities, real estate or best yet, CDOs to fund the purchase in Nov 07 you are not screwed, you are ahead.

[sendkcone]

I worked over 8-10 dealers all over the Western U.S. and couldn't get anywhere close to $38k. I flew to LA in November for the best deal I could find.

[minime]

Originally Posted by sendkcone

I worked over 8-10 dealers all over the Western U.S. and couldn't get anywhere close to $38k. I flew to LA in November for the best deal I could find.

Originally Posted by sendkcone

I bought it in CA and drove it home to Park City. I had to travel to get the color combo.

From your earlier post, it sounds like you were shopping for a specific colour combination. When you are negotiating, never let a dealer know they have exactly what you want and never settle on a price until you are physically at the dealership.
I do not want to press the point to firmly but others who have posted here seem to have been more successful at negotiating than you were:
http://www.zpost.com/forums/showthre...t=95906&page=2
If you left money on the table you just have to chalk that up as an educational expense.

[sendkcone]

Possibly, but the way I see it now is that $34k is a better deal (for a very lightly used car) than any new Z4MC ever bought. I just hope the market will bear that out.

[minime]

Below is a link to BlackBook Online, a useful tool to gauge what a dealer would offer for your car in trade:
http://planolincoln.mcdavid.com/Value-Your-Trade.aspx
BlackBook is just one metric and your car should sell privately for more than this. None the less, this is a number you should be aware of.

BTW:
Many dealers fiddle the numbers a bit to soothe the buyer's ego by inflating the trade-in value and make up the difference elsewhere in the deal.
Tip of the day:
When you are trading in a car look on the work sheet for 3 letters written by whoever appraised your trade-in. These letters equate to the first 3 digits of the true value you are recieving for your trade. A=1, B=2 C=3 .....etc

[vachss]

I looked around for both M and Si Coupes in late '07, but restricted myself to the California area. I was aware of Epbrown's $38K deal, but nobody in CA would come close to that at the time. I was finding $44K typical and $41-42K with haggling. In the end I found an Si for $32K (in the color I wanted and with only 40 miles on the clock) that I believe was a better deal...

but if there had really been abundant Z4M coupes for $38K I'd be driving one now.

[M_Six]

Originally Posted by minime

The resale market for the Z4M is uncertain at the moment not simply because of the general economic malaise;
For 2007 BMW massively overproduced these cars:
http://en.wikipedia.org/wiki/BMW_M_Coupe
SCROLL TO THE END OF THE ARTICLE FOR PRODUCTION NUMBERS
In the last quarter of 07, when you bought yours, there was a blowout sale where these could be acquired for invoice minus $7500:
http://www.zpost.com/forums/showthre...t=95906&page=2
On top of this, 90% of all Z4Ms produced were leased in a 24-36 month time frame with the bulk on a 30 month cycle. If you do the math you can figure that this glut of leased cars is just about to start getting turned in now, so we are on the crest of a new wave of market saturation.
At the end of the day, if you did your homework when you purchased your car, you paid ~$38-41K. You are whinging about a 10% loss in value on a car you have owned for 15 months? Talk to guys who own Aston Martins or Lotuses if you want to know what serious depreciation feels like.

Tru dat. The dealer where I just bought my 2006 3.0si Roadie just got in four '06 Z4s off lease.

[AWM3]

A total of 1815 cars over a three year period is not a lot of cars produced. I think when people have a chance to drive and look closely at the new Z4, and see what the price and availability is (individual customer order only, no discount pricing, pay a deposit and wait two months for the car), the E86 will start to look more attractive.

[sendkcone]

Exactly my thoughts. There may be as many as 3 in my entire state.

[FASTTOYS]

It sucks so many deals to be had. Porsche is dying. In Dallas one of the largest dealers in the country sold 9 cars last month. they have 10 sales people on the floor last year they sold 94 new

I paid 43k for my 2007 new loaded M Coupe 59k sticker 41 miles
Today I would be lucky to get 33k for the car. I only have 5200 miles.
Yesturday the Porsche dealer offered between 23k 29k for the car.

This will make you feel better:

Friend traded his 2007 106k M6 with 17k miles in for the new Caddy CTSV Supercharged 4 door.

They only gave him 54k for the trade He paid sticker for the caddy. They wanted 2k over.

Most M5 & M6 owners and many highend sports cars are getting hit harder than us. The Z4M has a limited audiance that dont like or even understand are cars. If a car company has a 7500 rebate on a car you bought dont think in a year or two you are going to make that up.

Look at the Z06 vette they have depreciated a lot I drove a 2007 78k sticker all options 14k miles asking price 48k with an interrior no better than a 15k jap car

If you want a car that will hold its value buy a GTR. Bad news good luck getting one or paying under sticker. Most cars on a 5 year loan will takes to the 3rd year if the miles are low to break even or only be up-side down by a small amount like the cost of its TTL.

The way I look at it I paid a great price for a M car that cost BMW more money to manufacture it. To me that is a good deal and dosent happen to many times.

[sendkcone]

Like someone mentioned earlier...My IRA has dropped more than my M Coupe and I've been able to look at my car and drive it once in a while. I'm not too upset.

[minime]

"Sendkcone" traded-in this car, Ive been negotiating with the dealer to buy it but nixed the deal because of distance/hastle. Should anyone want it, Lithia Audi in Boise offered it to me for 32K with just email negotiation.
PM me and I will fill you in on the details.

UPDATE: The dealer wholesaled the car to Lithia BMW in Seattle. The transfer price was $31K according to the dealer.