11-03-2023, 04:45 AM | #2 |
Lieutenant
1432
Rep 595
Posts |
No, the resale value is not good in comparison to Corvette/Miata/Porsche initially. Heck base C8’s with MSRP of 60k are still selling used for more then they were supposed to cost new.
For used buyers of the Z4 this is helpful, my 2021 dropped nearly 20k in value since new putting this luxury purchase into where I could obtain one. Question of where the “bottom” of the depreciation curve will eventually settle. If this is the last generation of Z4, IMO 25-35k range is where they will eventually end up after a decade for a clean car. The Z4 is kinda in the same depreciation profile as a Jaguar F-Type….harsh depreciation in the first 3-5 years. |
11-03-2023, 06:00 AM | #3 | |
Brigadier General
5848
Rep 4,497
Posts
Drives: 2022 Z4 M40i, 2021 228i GC
Join Date: Sep 2021
Location: Hallandale Beach, FL
|
Quote:
|
|
Appreciate
1
Rob_G771159.00 |
11-03-2023, 07:26 AM | #4 | |
¯\_(ツ)_/¯
741
Rep 380
Posts
Drives: '24 Z4 M40i
Join Date: Aug 2023
Location: SF Bay Area
|
Quote:
Compared to a Corvette or Boxster (which would be cross shopped with the Z4) I definitely expect the depreciation percentage to be meaningfully larger. |
|
11-03-2023, 07:59 AM | #5 |
Brigadier General
7431
Rep 3,544
Posts
Drives: M3, X7, iX
Join Date: Sep 2012
Location: Atlanta
|
I'm seeing $17k depreciation in 10k miles or 22% if I traded it now based on a decent offer from my dealer. I'm two MY's out since the 22's were held up in Supply chain drama. I could probably sell it myself for $65k which would be 15% depreciation or $12k loss.
By comparison my M3 was a loss of $6k for 10k miles on a dealer trade. But at the time demand was very high and supply limited. |
Appreciate
0
|
11-03-2023, 08:59 AM | #6 |
¯\_(ツ)_/¯
741
Rep 380
Posts
Drives: '24 Z4 M40i
Join Date: Aug 2023
Location: SF Bay Area
|
Oh yeah I don't think we're seeing 2021/2022 used car prices again. Even the Porsche market is deflating these days.
|
Appreciate
1
Westside Guy5847.50 |
11-03-2023, 09:36 AM | #7 |
Lieutenant
1432
Rep 595
Posts |
The 8 series is a financial disaster for the first owner. But then again if an individual is well off enough to buy it new they may not sweat it’s depreciation.
|
Appreciate
1
Westside Guy5847.50 |
11-03-2023, 09:40 AM | #8 |
Brigadier General
5848
Rep 4,497
Posts
Drives: 2022 Z4 M40i, 2021 228i GC
Join Date: Sep 2021
Location: Hallandale Beach, FL
|
I recently told a friend who was looking at the 8 series to consider a low mileage used as opposed to a new one.
|
Appreciate
2
MisanoblueZ41432.00 BMWGirlFL6341.00 |
11-03-2023, 09:46 AM | #9 |
¯\_(ツ)_/¯
741
Rep 380
Posts
Drives: '24 Z4 M40i
Join Date: Aug 2023
Location: SF Bay Area
|
Every car from every manufacturer in that segment depreciates like a rock. It's the nature of the beast.
|
Appreciate
0
|
11-03-2023, 09:52 AM | #10 | |
Brigadier General
7431
Rep 3,544
Posts
Drives: M3, X7, iX
Join Date: Sep 2012
Location: Atlanta
|
Quote:
https://www.unitedbmw.com/inventory/...z0c02lcd92710/ |
|
Appreciate
1
MisanoblueZ41432.00 |
11-03-2023, 10:04 AM | #11 | |
Brigadier General
5848
Rep 4,497
Posts
Drives: 2022 Z4 M40i, 2021 228i GC
Join Date: Sep 2021
Location: Hallandale Beach, FL
|
Quote:
|
|
Appreciate
1
MisanoblueZ41432.00 |
11-03-2023, 10:17 AM | #12 |
2020 Z4 M40i - 2022 M4C Convt
3129
Rep 5,264
Posts
Drives: 2020 Z4 M40i - 2022 M4C Convrt
Join Date: Jun 2011
Location: Raleigh, NC - OIB, NC
iTrader: (0)
Garage List 1965 COBRA (FFR rep ... [8.57]
2023 Jeep Wrangler ... [9.50] 2009 Yamaha V-Star [0.00] Cars 2-BMW, 2-FORD, ... [0.00] 2023 Ford Expeditio ... [0.00] 2020 Z4 M40i [10.00] 2022 BMW M4C [7.25] 1998 FORD Ranger 4X4 [0.00] |
My 2020 @ 20000 miles is down $19,000 from what I actually paid not MSRP. Was delivered Feb 2020
EDIT Just looked up the 2022 M4C & its doing good. Only down $7,000. Was delivered in 2021 & will be 2 years old week after Thanksgiving.
__________________
Kevin
Dravit Gray, Black Leather, Moonlight Roof, Red Calipers 2022 M4C - 2020 Z4 M40i - 2023 FORD Expedition XLT Max 4X4 400BHP - 2009 V-Star - 1998 Ranger 4X4 5MT - 1965 Cobra (R) 5MT - 2023 Jeep Wrangler Sport S 6MT Last edited by BEAR-AvHistory; 11-03-2023 at 10:57 AM.. |
11-03-2023, 10:18 AM | #13 |
Brigadier General
7431
Rep 3,544
Posts
Drives: M3, X7, iX
Join Date: Sep 2012
Location: Atlanta
|
|
Appreciate
2
BEAR-AvHistory3128.50 Argo740.50 |
11-03-2023, 12:40 PM | #14 | |
¯\_(ツ)_/¯
741
Rep 380
Posts
Drives: '24 Z4 M40i
Join Date: Aug 2023
Location: SF Bay Area
|
Quote:
I'm getting mine at 5% under MSRP in two or three weeks. |
|
Appreciate
1
Westside Guy5847.50 |
11-03-2023, 02:50 PM | #15 |
Private
101
Rep 64
Posts |
I just bought my 2022 30 with 9.5k mi. The sticker price was just under $59000. I got it for $46000 with 2 years remaining on the warranty. That's about a 22% depreciation.
I agree with the posts here saying that people who buy luxury cars generally have the funds to deal with the depreciation and it is no secret that BMWs lose a lot of value in the first few years. A lot of that is the cost of repairs as the cars age out of warranties vs non-luxury brands. Most people who can afford a late model BMW don't have to buy used, so there is a drop off in demand. It also creates a value sweet spot for people who want to put in the effort of finding the right late model used luxury car. Last edited by khp3655; 11-03-2023 at 04:19 PM.. |
Appreciate
2
Westside Guy5847.50 IcewaterPete2193.00 |
11-03-2023, 03:27 PM | #16 |
Lieutenant
569
Rep 409
Posts |
The Z4 has always been a niche market that has limited interest and will always have a reputation for high maintenance and repair costs. I don't think it will value very well.
|
Appreciate
0
|
11-03-2023, 03:36 PM | #17 |
Lieutenant
1432
Rep 595
Posts |
Hopefully the reliability will hold up as the years go on. Allegedly when Toyota reviewed the car with BMW it got their stamp of approval on the reliability standpoint for Supra.
|
Appreciate
2
BEAR-AvHistory3128.50 Westside Guy5847.50 |
11-03-2023, 03:49 PM | #18 | |
.
20283
Rep 8,581
Posts |
Quote:
So that’s not entirely true, is it !?
__________________
///
|
|
Appreciate
1
StanDiego6268.00 |
11-03-2023, 05:02 PM | #19 |
Lieutenant
1432
Rep 595
Posts |
|
Appreciate
3
|
11-03-2023, 05:47 PM | #20 |
.
20283
Rep 8,581
Posts |
Understood… 💯
__________________
///
|
Appreciate
1
Westside Guy5847.50 |
11-03-2023, 08:03 PM | #21 | |
2020 Z4 M40i - 2022 M4C Convt
3129
Rep 5,264
Posts
Drives: 2020 Z4 M40i - 2022 M4C Convrt
Join Date: Jun 2011
Location: Raleigh, NC - OIB, NC
iTrader: (0)
Garage List 1965 COBRA (FFR rep ... [8.57]
2023 Jeep Wrangler ... [9.50] 2009 Yamaha V-Star [0.00] Cars 2-BMW, 2-FORD, ... [0.00] 2023 Ford Expeditio ... [0.00] 2020 Z4 M40i [10.00] 2022 BMW M4C [7.25] 1998 FORD Ranger 4X4 [0.00] |
Quote:
Both were under sticker. Got the 2020 a few weeks before the SHTF. All in was just about 15% off sticker. Some rebate, discount, BMWCCA, unused milage (440MPPSK Coupe) prior lease, BMWFS good customer money in the forum of a two day M-Performance Driving School at Greer SC. Was the only BMW I have ever bought off the lot. Was the exact car I went in to order except for the roof. My other convertibles had/have the moonlight version. My Z4 has the plain black. The M4C was a good buy, got $1500 BMWCCA money & the car at MSRP & 0.9%. Reason it was a good buy was at the time Mid to Late 2021 dealers were whacking the crap out of buyers with ADM's up to $40K on the M series cars.
__________________
Kevin
Dravit Gray, Black Leather, Moonlight Roof, Red Calipers 2022 M4C - 2020 Z4 M40i - 2023 FORD Expedition XLT Max 4X4 400BHP - 2009 V-Star - 1998 Ranger 4X4 5MT - 1965 Cobra (R) 5MT - 2023 Jeep Wrangler Sport S 6MT Last edited by BEAR-AvHistory; 11-04-2023 at 11:28 AM.. |
|
Appreciate
0
|
11-03-2023, 08:17 PM | #22 | |
2020 Z4 M40i - 2022 M4C Convt
3129
Rep 5,264
Posts
Drives: 2020 Z4 M40i - 2022 M4C Convrt
Join Date: Jun 2011
Location: Raleigh, NC - OIB, NC
iTrader: (0)
Garage List 1965 COBRA (FFR rep ... [8.57]
2023 Jeep Wrangler ... [9.50] 2009 Yamaha V-Star [0.00] Cars 2-BMW, 2-FORD, ... [0.00] 2023 Ford Expeditio ... [0.00] 2020 Z4 M40i [10.00] 2022 BMW M4C [7.25] 1998 FORD Ranger 4X4 [0.00] |
Quote:
You can also check residual value of other car leases to compare. I think big bucks car prices tank with age is because most people looking for a big bucks car can afford a new one. This pushes the used BMW down market to the used car buyer. Cars at the national average for new cars will not fall as fast because that market is closer to the used market price wise.
__________________
Kevin
Dravit Gray, Black Leather, Moonlight Roof, Red Calipers 2022 M4C - 2020 Z4 M40i - 2023 FORD Expedition XLT Max 4X4 400BHP - 2009 V-Star - 1998 Ranger 4X4 5MT - 1965 Cobra (R) 5MT - 2023 Jeep Wrangler Sport S 6MT |
|
Post Reply |
Bookmarks |
|
|