eBay Spanker of a 2.2 Sport on ebay 27k miles

[mrscalex]

I've seen a number of people recently holding firm until they find a 'just right' 2.2 Sport.

Well if this one is taken at face value then I don't think they come much better than this. And I'm not sure there can be too many complaints about the price either although I dare say an offer of £7,500 might clinch it.

http://www.ebay.co.uk/itm/122556877220

 

[Sean d]

Thats worth buying and locking away for 20 years.

 

[5harp3y]

Stunner, great spec

is still bonkers money though

 

[5harp3y]

Thats worth buying and locking away for 20 years.

20 years!

wont ever be worth more than £15k so defo not worth doing that

needs to be driven

 

[mrscalex]

I strongly suspect 2.2s have the best long term potential from an investment point of view.

Once the Z3Ms and 3.0s have finished going silly and made themselves out of reach of everyone I think it will be the 2.2s next. Some will argue it will be the 2.8s but something tells me no.

The 2.2s, especially the Sport are a nicer all round package to my mind. So I think Joe Bloggs car enthusiast will turn to the 2.2s at some point and push the price up.

I think this would be a nice little car for someone who is looking for a car to enjoy with a potential long term (5-10 years) return on investment or at least sufficient return to cover some/all of running costs. But you'd really be looking to keep the mileage under 40k I think.

I can't see any mention of service history on this car. I'd like to see that for it to be the complete package.

 

[5harp3y]

I don't think the 2.2 will be the one to look out for future residuals.

They are already cheaper than the 2.8s on average and that runs right through the range with Z3M commanding the highest prices, then 3.0, then 2.8, then 2.2 etc etc etc

Especially as the non ///M Z3's will never been considered rare

 

[Gundun]

In EU they are holding on like crazy: for mine with 67k km I had to pay more than what is here above and only after the seller brought the asking price down another 2k...

 

[Lee]

Again depends on what side of the pond you are. I can see the appeal of the 2.2 increasing like the 3.0 has, purely because the majority are facelift and better spec'd.

 

[mrscalex]

Again depends on what side of the pond you are. I can see the appeal of the 2.2 increasing like the 3.0 has, purely because the majority are facelift and better spec'd.

Yes, that's exactly my logic.

 

[Tfp]

I can't see any mention of service history on this car. I'd like to see that for it to be the complete package.

The owner has serviced it himself since they've had it, bought in 2010.

 

[Tfp]

I don't think the 2.2 will be the one to look out for future residuals.

They are already cheaper than the 2.8s on average and that runs right through the range with Z3M commanding the highest prices, then 3.0, then 2.8, then 2.2 etc etc etc

Especially as the non ///M Z3's will never been considered rare

Examples with under 40,000 miler are rare, these are the ones that'll climb in value.

I think the point he's trying to make is that at the moment the 2.2's aren't expensive. So as the availability of the M's and the 3.0's get's more difficult the 2.2's will then start to go up as they're the next best thing. So for an investment they are the one to go for.

I'm not sure the prices for 3.0's and M's will go up much more than they have.

I'm happy to be proved wrong though, let's visit this thread in 5 years time.

 

[Cheddars]

I'm not here to upset people as I enjoy being on here, but think some folks are a bit up their own arse and very biased with these cars, but it's like it on every forum.

The reason for the sudden price hike is that it is the middle of summer and everyone is chancing it. It'll be years before they truly go up in value for being desirable - they are still fairly common cars.

They are only worth what someone is willing to pay and looking at the prices they are currently at, no one appears to be buying. The same ones have been for sale for months.

 

[mrscalex]

Examples with under 40,000 miler are rare, these are the ones that'll climb in value.

I think the point he's trying to make is that at the moment the 2.2's aren't expensive. So as the availability of the M's and the 3.0's get's more difficult the 2.2's will then start to go up as they're the next best thing. So for an investment they are the one to go for.

I'm not sure the prices for 3.0's and M's will go up much more than they have.

I'm happy to be proved wrong though, let's visit this thread in 5 years time.

The Ms certainly seem to have plateaued. And the 3.0s are hanging around longer now than they were earlier in the year.

I think the 3.0s may pick up again. You could be £22-25k for a nice sub 50k mile Z3M. Whereas you could be picking up an equivalent 3.0 for less than £10k. That looks too much of a disparity to me. I think a nice 3.0 within 2-3 years may see you with no change out of anything up to £15k.

The dealers are moving in on the Z3 market as an emerging classic (some of our cars are now 20 years old after all). And we know that always changes things.

Where does that leave a 27k 2.2 in due course? I can see prices the other side of £10k and up to £12k within 5 years.

All complete speculation of course! Just my personal view! But I do put my money where my mouth is and with the exception of my brother's 1.9 and other halfs son's 1.9, my keeper, projects (x3) and breaker are all 2.2s

 

[Lee]

I'm not here to upset people as I enjoy being on here, but think some folks are a bit up their own arse and very biased with these cars, but it's like it on every forum.

The reason for the sudden price hike is that it is the middle of summer and everyone is chancing it. It'll be years before they truly go up in value for being desirable - they are still fairly common cars.

They are only worth what someone is willing to pay and looking at the prices they are currently at, no one appears to be buying. The same ones have been for sale for months.

Strong statement but also quite accurate, I don't think anyone means over night. Most people on here have been here for years so were talking the not to distant future. For example I picked up my Z3M for 5-6K and sold it 2 years later for 15K very lucky I know but overall prices are on the up just not as quick as the Ms.

 

[5harp3y]

same here, in two years my Z3 2.8 has gone from the 2k that i paid to easily able to get 4.5

they are appreciating nicely

 

[mrscalex]

I'm not here to upset people as I enjoy being on here, but think some folks are a bit up their own arse and very biased with these cars, but it's like it on every forum.

The reason for the sudden price hike is that it is the middle of summer and everyone is chancing it. It'll be years before they truly go up in value for being desirable - they are still fairly common cars.

They are only worth what someone is willing to pay and looking at the prices they are currently at, no one appears to be buying. The same ones have been for sale for months.

I don't see anyone with their head up their arse. It's a forum and people speculate and have opinions. It's not all going to be spanners and oil.

I know many people don't care what their car is worth and that's fine. But there's plenty of people who need to justify the money they put into a car and like to have some notion of what it may be worth in the future.

I also think the idea that prices are inflated in the summer is not necessarily true. In my experience prices peak in March & April as people get ready for the summer and look to maximise the classic/2nd car Apr-Sep 6 month road tax window.

Come back end of June we are a third of the way through the summer months already and half the way through the road tax window.

That said I agree a number of cars are sticking around for a long time at the moment, especially 3.0s. Whether that's because they are over-priced I don't know for sure. I suspect people are still trying to get Spring prices when as I say, the market is actually cooling off right now. Possibly coupled with the cars not being quite as nice in the flesh as they are in the photos.

 

[Alan W]

Just enjoy and if you sell on for more or break even that's a bonus but not a reason to buy one..

 

[Tfp]

I'm not here to upset people as I enjoy being on here, but think some folks are a bit up their own arse and very biased with these cars, but it's like it on every forum.

The reason for the sudden price hike is that it is the middle of summer and everyone is chancing it. It'll be years before they truly go up in value for being desirable - they are still fairly common cars.

They are only worth what someone is willing to pay and looking at the prices they are currently at, no one appears to be buying. The same ones have been for sale for months.

You may well upset some people by telling them they are up their own botty.

Prices haven't suddenly jumped at all, they've been gradually rising over the last few years.

 

[Tfp]

Possibly coupled with the cars not being quite as nice in the flesh as they are in the photos.

That's normally why they haven't sold.

It's ok to ask a high price if the car's a lovely one with history to back it up, but many do not fall into that category.

 

[mrscalex]

Just enjoy and if you sell on for more or break even that's a bonus but not a reason to buy one..

And that's fine if that's your mind set. I've no problem with that and wouldn't seek to argue with it.

But it's also fine if you like to speculate on what way a market is going. And it's also fine if part of your justification to buy a Z3 is because it might go up in value.

Perhaps I'm too anal for some people in the way I analyse the market. But I do spend 30-60 mins a day looking at new cars coming onto the market and realised prices/what doesn't sell on ebay. I like doing it, I'm not obsessed with the money. I'm also a finance manager by profession so the temptation is always to analyse...