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Thread: 2002 Z8 (#61799) Red/Black 2200mi Z8 sold at Gooding, Amelia Island for $307,500 in total

  1. #1
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    2002 Z8 (#61799) Red/Black 2200mi Z8 sold at Gooding, Amelia Island for $307,500 in total

    Seems pretty aggressive with an estimate range of $275-350k.

    https://www.goodingco.com/lot/2002-bmw-z8-1/
     
    1957 BMW 507 Papyrus/Blue
    2001 BMW Z8 Red/Crema

  2. #2
    Not out of line with the recent BaT sales, I'd say they should be in the ballpark there, and it's a handsome color combo.
    Andrew Macpherson

    Expert Z8 Inspections, with full support for both Z8 sale and purchases.

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    Guess I'm missing something...the last several red Z8's sold for well under $225k, so how is $275-350k in line with recent sales? I understand the extra low mileage plays a factor, but that much of one?
    1957 BMW 507 Papyrus/Blue
    2001 BMW Z8 Red/Crema

  4. #4
    Here's what I'm seeing, not sure it's red specific, I think more miles and history...
     
    Andrew Macpherson

    Expert Z8 Inspections, with full support for both Z8 sale and purchases.

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    Quote Originally Posted by macfly View Post
    Here's what I'm seeing, not sure it's red specific, I think more miles and history...
    But you have to toss out the Alpina’s to make a fair assessment, don’t you think?
    1957 BMW 507 Papyrus/Blue
    2001 BMW Z8 Red/Crema

  6. #6
    Beyond the Valley of Z8 Madness
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    Take the low miles and red color into account and the price range is about right.

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    It's all about condition and miles. This car looks fresh. Big $ difference in 2k miles and 15k miles.

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    I understand the desire for a low miles car (let somebody else resolve the problems), but never understood the big premium for an ultra low miles car. You can't drive it or you erase that premium you paid and who knows what it would need having sat and only driven ~100 miles/year if you did choose to drive it.
    1957 BMW 507 Papyrus/Blue
    2001 BMW Z8 Red/Crema

  9. #9
    Quote Originally Posted by lanny View Post
    It's all about condition and miles. This car looks fresh. Big $ difference in 2k miles and 15k miles.
    No argument, condition and miles tend to drive pricing, but color can materially impact $$ as well. Witness the blue/crema car that sold on BAT a couple of weeks ago-$405K plus commission. Gorgeous color combination, but that car had 31k miles on it........

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    Sold at $275k + buyer premium (12% on 1st $250k, I believe 10% on amount above $250k)
    1957 BMW 507 Papyrus/Blue
    2001 BMW Z8 Red/Crema

  11. #11
    Z8 Novice JackRabbit's Avatar
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    $307,500 all in via Hammerprice

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