Value

ljauto

ljauto

Zorg Legend
British Zeds
Joined
Jan 16, 2015
Points
66
Location
manchester
Model of Z
Z3
hi anybody noticed the low mileage z3 prices are on the up, bmw selling 2.8 23000 miles for £12500 on autotrader and a 1.9 for £10000 , raises the question of agreed value policies for low mileage Z3 has anyone done this and did you need to get an independent valuation ?
 
Silly prices to be honest. The 2.8 mileage needs to be lower to be considered a collector. Rule of thumb is sub 20k.

1.9 for 10k Most of them were poverty spec from factory.

Lee
 
those sort of prices seem excessive to me, would that £12500 2.8 be that much better FUN, than a £3000 2.8, yes it would have nice paint and probably be dam near perfect, but £9500 better, not to me
 
I've been watching the prices for about the last year.

At first I didn't think they were changing hands for the "silly money" prices.

But a few have, did anyone else see the 3.0cc Estoril blue one pop up a couple of months ago for £10,995 ?

That disappeared from sale rather quickly.

One or two others have also.

But there are also quite a few in the £5000 to £7000 price range that have been advertised for ages now.

So I guess it's really down to what someone will pay on the day.

As for the insurance agreed value it would be quite important as these low mileage Z3's do seem to be worth far more than guide book value nowadays.
 
low mileage doesn't automatically mean higher prices - some people consider them the holy grail - personally I wouldn't touch them

with regards agreed valuation thats a very different matter - I have it on my M and on my 911. For the Z3 it is especially important as insurance companies consider Z3s (including the M) to be worth less than a wheelie bin. I pay £25 a year to have agreed valuation (currently set at £15,000 for my Z3M) and I only need to submit 7 photos with proof of date (I usually use a newspaper in the pictures).
 
People are mugs if they are paying that kind of money for Z3s, regardless of mileage (Z3M's not including)

Some serious metal out there for 10k
 
bertiejaffa said:
low mileage doesn't automatically mean higher prices - some people consider them the holy grail - personally I wouldn't touch them
Click to expand...

What's wrong with a low mileage Z3?

Is mine going to fall to bits when I drive it?
 
I guess there are two ways of looking at a low mileage car. Was it owned by someone who really just didn't use it (perhaps they own several nice cars) or was the car a dud!. Has been laid up a lot due to mechanical or electrical problems.
 
Mike Trident said:
I guess there are two ways of looking at a low mileage car. Was it owned by someone who really just didn't use it (perhaps they own several nice cars) or was the car a dud!. Has been laid up a lot due to mechanical or electrical problems.
Click to expand...
You have to look at each on their own merits. I bought a 12 year old Z4 3.0 last year with only 16,500 miles.

Tony.
 
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I've lost count of the amount of threads on here about valuations of Zeds. They will never be with a fortune simply due to the numbers still on the road. Yes a nice low mileage good condition car will make more than a rough high miler, that's the same with any car on the road today.
You can pay as little as a few hundred pounds for a untidy 1.9, £1000-1200 will buy you a rough 2.8, you'll need to spend more for a 3.0. The ///M is a different animal due to fewer numbers.
I personally don't rate extremely low mileage cars, personal experience has shown me they are not always the best opition. Hardened oil seals and other internal rubbers usually fail due to lack of lubrication just for starters. For me somewhere middle of the road is good. Mine zed is a 98 and has covered 94000 in its life so far. 5200 a year, I consider that low. As Tony above has just said he has a 16500 mile 13 year old car. It's a lovely car and a rare find. On the flip side my neighbour runs a 235000 Mile kia sorento. My personal choice is to go for a middle of the road mileage car at a middle of the road price. Is that the best opition? Each to there own eh! :)
 
Tfp said:
What's wrong with a low mileage Z3?

Is mine going to fall to bits when I drive it?
Click to expand...

Hi, not necessarily, as people have already said, it personal preference, however my M had done 500 miles in 3 years when I bought it and I took it for a "proper" drive over the Pennines and burst 2 brake cables and the rocket gasket. As Grumpy says, parts perish through lack of use.

Also, if a car is used regularly then things naturally get replaced regularly as you would expect on a car that's nearly 20 years old. If the car is still 100% factory spec cos it has never moved then that's 20 years of other owners replacement there waiting for you to replace if you see what I mean. I also worry about servicing... If a car doesn't move then it is very likely it has never been services every year - my Z is serviced at least once a year regardless of mileage.

My final thought (and again it's just my opinion) is that a car with higher mileage will generally have been sat on a flat motorway nicely ticking over at 2-3000 rpm so the "additional" mileage should not be a concern assuming there's proof that maintenance has been carried out often and the car doesn't look tired from being used.
 
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We do agreed value policy's at MANNINGUK :thumbsup:
 
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Prices are definitely on the up for nice cars, prices will continue to rise over the next 5-10 years as the sheds become tin cans.
 
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