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E85 / E86 Z4 (2003-2008)
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  #1  
Old 02-24-2020, 03:51 PM
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3liter 3liter is offline
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Cool R U Upside down in value?

I am. I have much more in the z4 than I could ever sell it for. I'm keeping it ! I'm to deep down to back up now .Am I alone?


Last edited by 3liter; 02-24-2020 at 03:53 PM.
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  #2  
Old 02-25-2020, 05:14 AM
lmacmil lmacmil is offline
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The traditional definition of "upside-down" is that you owe more on a car or a house than you could sell it for. I hope that's not the case on a 12 year old or older car!
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Old 02-25-2020, 06:10 AM
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Originally Posted by lmacmil View Post
The traditional definition of "upside-down" is that you owe more on a car or a house than you could sell it for. I hope that's not the case on a 12 year old or older car!
I never owed anything. I paid cash. I'm saying upside down because I am upside down as far as buying price and selling price. I bought a Prowler years ago and it made money everyday I owned it. Bought it for $26k and sold it for $34k. Same thing for a 38 Chevy coupe.. When you lose money everyday you own it ,that's not a good thing unless you just love the car so much you don't care. Sort of like marrying a beautiful woman ! I think the song goes.."she's so fine ain't no telling where the money went."

Last edited by 3liter; 02-25-2020 at 06:41 AM.
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Old 02-25-2020, 06:41 AM
Autoputzer Autoputzer is offline
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My 2007 Chevy Cobalt actually appreciated slightly ($59) last year, according to KBB.com.

After sales taxes and fees, we paid $53.4k for a new, $56.3k MSRP, 2018 X3. We financed $50k for 60 months at 1.9%. The X3 depreciated 18.9% (from MSRP) the first year, again according to KBB.com So, we were never upside down... the loan balance dropped faster than the book value, even in the first year.
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  #5  
Old 02-25-2020, 06:51 AM
lmacmil lmacmil is offline
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Quote:
Originally Posted by 3liter View Post
I'm saying upside down because I am upside down as far as buying price and selling price. I bought a Prowler years ago and it made money everyday I owned it. Bought it for $26k and sold it for $34k. Same thing for a 38 Chevy coupe..
It's a rare vehicle (typically some type of classic or low production volume) that appreciates over time. We may love our Z4s but classic cars they are not.
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  #6  
Old 02-25-2020, 08:14 AM
wifesauto wifesauto is offline
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Quote:
Originally Posted by 3liter View Post
I am. I have much more in the z4 than I could ever sell it for. I'm keeping it ! I'm to deep down to back up now .Am I alone?

is this your first car ?
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  #7  
Old 02-25-2020, 01:25 PM
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3liter 3liter is offline
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I'm 73 . I've had almost 100 cars or trucks. I've bought kids , grand kids, etc. The BMWs I've owned are.....

Dakar yellow Z3 3liter
Red Z3 1.8
Red Z3 1.8
Red Z3 2.8
323is coupe white
325 black coupe
2007 Blue 3 liter

Never made money on any of them.

Money makers ..

C5 corvette red
C6 corvette grey
57 3 speed corvette
Prowler
38 chevy coupe original
40 Ford coach
66 dodge charger yellow 440
68 GTX black


Worst I ever lost money on

Volkswagen super beetle
444 Volvo 1957
58 Plymouth 2 door
Corvair Convert
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  #8  
Old 02-26-2020, 08:03 PM
Tommyboy1028 Tommyboy1028 is offline
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You're not alone 3liter! I'm just glad I'm able to do most of the matenence work on my Z! You Tube has saved me a ton of money!
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  #9  
Old 02-27-2020, 07:48 AM
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3liter 3liter is offline
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we have thre same car

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Old 02-28-2020, 03:32 AM
Tommyboy1028 Tommyboy1028 is offline
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3liter, How did you get that shine? She looks awesome!!!!
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  #11  
Old 02-28-2020, 05:38 AM
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Quote:
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3liter, How did you get that shine? She looks awesome!!!!
Meguires spray finish detailer. Walmart has it on sale a lot. $6
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  #12  
Old 03-08-2020, 09:25 AM
wspohn wspohn is offline
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Any experienced car person assumes that they will lose money on a given car unless it is a particularly collectible model that actually does appreciate. I've seen a lot of people claim that the car they own will triple in price in the next decade and all of them of course lost value.

Unless you are a very knowledgeable (and lucky) buyer and maintain but don't really use your cars, forget about making money on them. Depreciation is a fact of car life.
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  #13  
Old 03-08-2020, 01:01 PM
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3liter 3liter is offline
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Never heard of this one

http://www.britishv8.org/MG/BillSpohn.htm
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  #14  
Old 03-08-2020, 01:23 PM
wspohn wspohn is offline
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Quote:
Originally Posted by 3liter View Post
Yup - that one will no doubt lose money too, but I love driving it!
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  #15  
Old 03-10-2020, 06:40 AM
impreza276 impreza276 is offline
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The Z4 is certainly no investment, at least not yet. It will eventually dawn on people that the Z4 is one of the most beautiful cars in the world, and the pinnacle of Bangle's flame surface design.
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  #16  
Old 04-01-2020, 07:18 AM
Gregory_tolson Gregory_tolson is offline
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The car is at its lowest value right now. It's amazing how the original sticker of my 03 z4 3.0i was in the car when i bought it last year. It sold in 2003 for $46,000. Just bought it last year for $7200 with only 83,000 miles. Dont really see the car going any lower in value. Hell, c4 vettes have bottomed out at like $7000, the rarer they get the more they will be worth
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  #17  
Old 04-02-2020, 07:20 AM
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papitosabe papitosabe is offline
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I Mau be a little bias, bit I think the 2006 thru 08 coupes will hold their value a little better than the roadsters....no?
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  #18  
Old 04-02-2020, 10:59 AM
Muskrat14 Muskrat14 is offline
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I'm a bit biased also. I think the M series roadster and coupes will increase in valve because of the limited production.
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  #19  
Old 04-03-2020, 11:38 AM
Stinger22 Stinger22 is offline
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If I bought my 3.0si and garaged it in hopes I could sell it for a profit then I might worry about being upside down. But I bought it to DRIVE it. And I like to drive it hard on the back roads. So I expect low miles on tires compared to my Sonata Turbo. I expect suspension parts will get more wear, brakes more wear and yes even other mechanical parts.

It is WELL worth the enjoyment.
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  #20  
Old 04-12-2020, 06:31 PM
f1fork f1fork is offline
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Wha? Cars are ****ty investments

They really are!!

Upside down is one thing ... $$$ to make cars fun .....
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  #21  
Old 04-25-2020, 09:16 PM
Patrick Gent Patrick Gent is offline
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My 07 M Coupe is my daily driver and I have to keep it forever because she will never let me get anything like it--if there is anything like it even out there. I bought it with 30,000 miles, 3 yeas old for $30,000. I have too many miles on mine, but I have seen lower mileage (but still reasonable--not 5,000 miles) with an asking price close to what I paid 10 years ago. At least I can justify spending on it when I must because it is not a $3,000 car.
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