Z1 V8 Sell it or Keep it

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apollo
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Z1 V8 Sell it or Keep it

Post by apollo »

After the article in BMW Car i have been asked if its for sale. What is it worth??? :evil: . I would like honest opinions. :rtm: I know its not for everyone so dont worry i will not be offended. :bawl:
Everything has its price!!

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Last edited by apollo on Thu 27 Oct, 2011 20:44, edited 1 time in total.
My Z1 is too FAST and my Gallardo is too SLOW
felix
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Post by felix »

It'll be worth less money to a purist but more money to an enthusiast. Probably not much of a market outside the UK due to the difficulty in getting it registered.

10-12K above a similar (age, condition, mileage) standard engined car??
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Post by Holland Harry »

Just keep the car! It's a unique car and brings lot's of fun. :twisted:
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Racing Tortoise
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Post by Racing Tortoise »

At the risk of sounding flippant, a car like this is worth what someone else is prepared to pay for it and what you are prepared to accept for it! It'll never be worth what it cost to build but I would have thought you could split the difference between £20k and whatever it did cost all-in.

Lovely thing if you ask me, although I would always reserve judgement until seeing/driving for myself. Having flicked through the article, I like the sound of the plan to do a V10 version! Performance aside, as an E60 M5 owner (and mine has a tubi exhaust system for added operatics) I think the wail of the V10 would suit the car's sharp modernist style much better than a US-style V8 beat. Just ensure that it's fitted with the US market manual gearbox. Voluntarily fitting the SMG 'box is inadvisable - it's terrible and costs a fortune if it breaks (£6k in parts alone I understand!).
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Post by Guest »

If you were serious about selling it then you might get on better at looking at letting a specialist car broker handle the sale for you i.e.

http://www.pacmotorcompany.co.uk/showro ... _index.php
apollo
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Post by apollo »

Racing Tortoise wrote:At the risk of sounding flippant, a car like this is worth what someone else is prepared to pay for it and what you are prepared to accept for it! It'll never be worth what it cost to build but I would have thought you could split the difference between £20k and whatever it did cost all-in.

Lovely thing if you ask me, although I would always reserve judgement until seeing/driving for myself. Having flicked through the article, I like the sound of the plan to do a V10 version! Performance aside, as an E60 M5 owner (and mine has a tubi exhaust system for added operatics) I think the wail of the V10 would suit the car's sharp modernist style much better than a US-style V8 beat. Just ensure that it's fitted with the US market manual gearbox. Voluntarily fitting the SMG 'box is inadvisable - it's terrible and costs a fortune if it breaks (£6k in parts alone I understand!).
Thankfully Senna didn't charge me anything to do the conversion but the shopping list he gave me was extensive :shock: All in cost me £7000 + the Z1. (but i do have alot of Z1 parts left over eg. gearbox, torque tube etc that would recoupe a bit)

RT-I have just aquired a crashed M5 from copart, but it does have the SMG gearbox. Senna says the E90 six speed manual gearbox bolts straight onto the V10 and is shorter than the US gearbox so wont be changing gears behind the handbrake.Also i recall the E39 M5 gearbox also bolts onto the V10 but is longer :head:

All we need is a cheap Z1 to get the show on the road. If anyone can help let me know.

PS- the V12 has nothing to do with me :oops:
My Z1 is too FAST and my Gallardo is too SLOW
apollo
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Post by apollo »

felix wrote:It'll be worth less money to a purist but more money to an enthusiast. Probably not much of a market outside the UK due to the difficulty in getting it registered.

10-12K above a similar (age, condition, mileage) standard engined car??
Felix I think to a purist its like a lady of the night, everyone would like to have a go but you wouldn't marry her :wink:
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Post by Racing Tortoise »

I am not mechanically minded - presume you can fiddle with the gearing of the E90 box to suit the V10's power delivery. Will it take the torque? The V10's not a particularly torquey engine for its size but nevertheless more than the average E90, 335d excepted?
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pingu
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Post by pingu »

I've always found that modified cars are worth more to the original owner than anyone else.

This could be due to lack of trust in build quality, or just different taste.

Personally, if I wanted a V10 in a car I'd want to do it myself. That way, if anything went wrong, it would be down to me. It would also be to my exact specification.

I reckon your car should be worth £20k, but it is the same old story of it's only worth what someone is prepared to pay.
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apollo
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Post by apollo »

pingu wrote:I've always found that modified cars are worth more to the original owner than anyone else.

This could be due to lack of trust in build quality, or just different taste.

Personally, if I wanted a V10 in a car I'd want to do it myself. That way, if anything went wrong, it would be down to me. It would also be to my exact specification.

I reckon your car should be worth £20k, but it is the same old story of it's only worth what someone is prepared to pay.
I think you have to base build quality on how the car performs, and due to the article it has raised the question if i would sell it. The Z1 isnt like M3, Z3 and other BMW's were these larger engines just fall in with little modification. Once a conversion has been done for the first time then everyone knows that its possible.Its the first one that must be worth a little more. Saying that will we every see another!!!!!!!!!Z1 S62 V8. :evil:
When doing the V10 in a Z1 you need to be prepare to write off both the Z1 recipient and V10 doner as it wont fit without heavy modifications-this isnt for everyone :shock: And at the end of the day even if it fits will it drive :?:( maybe this is why Senna has scrapped so many Z1)
Looking at Z1 M3 based prices in Germany commanding more that double in some cases 49,000 euros it seems very steep as even at a push shouldn't cost more than £4000 to £5000 which includes the M3 five stud conversion.(as long as you do it yourself)
Saying all that a E30 M3 with an S62 sold for £40,000 were E30 M3 with S52 sell for around £17,000 and some cheaper. Does this scaling in price follow with Z1. As you say its worth what someone is willing to pay :head:But must admit i am very interested in those 2 goats on offer :wink:
My Z1 is too FAST and my Gallardo is too SLOW
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Post by Guest »

I think regardless of modifications it has Z1 vehicle market value based on its condition and OEM Trim Specification level, and obviously these values are published in various literature and buyers guides.

So when buying a Z1, the buyers will be looking for a particular condition and specification and have a price they are willing to pay. I have looked at your photo's and it is in excellent condition so you would be looking for top market value.

However in your case the buyer also has a further decision based on your vehicle, this being Insurance, Spares and reliability of the modified vehicle against a similar car without modification. This therefore will shrink your market catchment net.

I would also assume you would want to put a premium on top of market value for the modifications, this is the subjective part of the value, as it is based on what you want and what the buyer wants to pay, and there are no guides to sway the market one way or the other.

On the plus side, there is a large BMW tuning market (Worldwide), and i am quite sure that if you truly want to sell the vehicle, it will sell but take a bit longer for the right buyer to be in a position to buy it, so will be a waiting game.

I think you would also be of benefit to advertise it across Europe, especially countries like Germany, Spain and Italy and tap into the buyers in their tuning market.

I for one if I had the money :( would buy a modified car, if it ticked all the boxes for the modifications i would do, as it saves me time and money in doing said modifications myself. I am sure there other like minded soles (with money) out there.

Good Luck what ever the decision.
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Post by apollo »

Evmundo wrote:I think regardless of modifications it has Z1 vehicle market value based on its condition and OEM Trim Specification level, and obviously these values are published in various literature and buyers guides.

So when buying a Z1, the buyers will be looking for a particular condition and specification and have a price they are willing to pay. I have looked at your photo's and it is in excellent condition so you would be looking for top market value.

However in your case the buyer also has a further decision based on your vehicle, this being Insurance, Spares and reliability of the modified vehicle against a similar car without modification. This therefore will shrink your market catchment net.

I would also assume you would want to put a premium on top of market value for the modifications, this is the subjective part of the value, as it is based on what you want and what the buyer wants to pay, and there are no guides to sway the market one way or the other.

On the plus side, there is a large BMW tuning market (Worldwide), and i am quite sure that if you truly want to sell the vehicle, it will sell but take a bit longer for the right buyer to be in a position to buy it, so will be a waiting game.

I think you would also be of benefit to advertise it across Europe, especially countries like Germany, Spain and Italy and tap into the buyers in their tuning market.

I for one if I had the money :( would buy a modified car, if it ticked all the boxes for the modifications i would do, as it saves me time and money in doing said modifications myself. I am sure there other like minded soles (with money) out there.

Good Luck what ever the decision.
Its hard enough to sell a Z1 at the best of times let alone a :head: modified one.
My Z1 is too FAST and my Gallardo is too SLOW
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Post by pingu »

apollo wrote:Its hard enough to sell a Z1 at the best of times let alone a :head: modified one.
Is it hard to sell a standard Z1? I wouldn't have thought they were that hard to sell. The main problem (I would have thought) is that the buyer has to sell their old car.

Do you want a red Escort van in PX? (+ a goat) :D
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Post by Racing Tortoise »

Selling Z1s is tricky. They are LHD and that murders the appeal for many in this country. Also few people actually know about them. Plus £20k is quite steep money for a small and not very fast roadster given what else £20k can buy you these days, so you really have to want one.
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Post by apollo »

Racing Tortoise wrote:Selling Z1s is tricky. They are LHD and that murders the appeal for many in this country. Also few people actually know about them. Plus £20k is quite steep money for a small and not very fast roadster given what else £20k can buy you these days, so you really have to want one.
A Z1 is almost imposible to sell in the UK, and thats why so many Z1 have gone back to Germany due to them being so keenly priced in the UK. However anything will sell for the right price. The high mileage rotten interior Z1's sell easily here around the £10k mark and in some cases are broken into parts. As you said £20k is alot of money when Z1 parts are so expensive. It looks like the kids are going to inherit these cars when they will be worth alot of money-but not in our lifetime :bawl:
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Post by senna »

apollo wrote:It looks like the kids are going to inherit these cars when they will be worth alot of money-but not in our lifetime :bawl:
I better build some more then :D
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Post by senna »

Engine Transplants by Night, Heart Transplants by Day. "you own the best Z1 in the world"
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Engine Transplants by Night, Heart Transplants by Day. "you own the best Z1 in the world"
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Post by apollo »

But thats based on a car that standard is only worth £8-9K.
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Post by Racing Tortoise »

That's "you're having a laugh" money... No way on God's green Earth that anyone sane will pay that much for a V8 Z3M surely, all things being equal...
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Post by senna »

Racing Tortoise wrote:That's "you're having a laugh" money... No way on God's green Earth that anyone sane will pay that much for a V8 Z3M surely, all things being equal...
Possibly, but may be this chap has "delusions of grandeur" too:
Last edited by senna on Mon 07 Nov, 2011 23:57, edited 1 time in total.
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Post by apollo »

I have seen S62 V8 in E30 M3, Z3, E36, E46 etc etc but never has one been put in a Z1 and thats because there a piece of cake in a steel bodied car without a torque tube. Surely its worth more in a Z1 :!:
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Post by Racing Tortoise »

Each to their own. I can't see a modded Z1 being worth more than its build costs. Potential market is just too small.
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Post by apollo »

I agree the potential Z1 market is very small, would a Z1 with a more powerful engine make it more desirable/drivable or less desirable- given the performance of a standard Z1. It seems alot of Z1 owners attempt to personalise there cars some for the better or as in my case i ruined my dashboard :head:
I think that due to the disapointing performance of a Z1 i feel that any modification on that side may increase the value substantially. Especially when there are companies out there charging alot of money for engine mods for Z1's. :shock:
:?: :?: :?: :?:
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Post by Jet »

Felix got it right I think, this is worth more to an enthusiast as the mods are irreversible. Judging from past threads, most UK owners are content with the standard power delivery, and most mods they entertain are restricted to the aesthetics, which can be easily removed.
I always thought modified cars desirability and resale value was linked to the Tuners reputation and how closely affiliated they are to the original marque.
Whilst Independent tuners cars are comparable in terms of performance figures and workmanship, resale values are not, and will always favour the Hartge or Alpina tuned cars IMO.
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Post by apollo »

Looks like the 2 goats are going to be my best offer :oops:
As long as they fit on my bbq you have a deal!
<a href="http://s378.photobucket.com/albums/oo22 ... ily928.jpg" target="_blank"><img src="http://i378.photobucket.com/albums/oo22 ... ily928.jpg" border="0" alt="Photobucket"></a>
I would definately agree for new Alpina cars, but the Alpina and Hartge Z1 are only slightly less disapointing than a standard Z1. The Alpina Z1 fetches alot of money maybe because again its rare but the value of the mods/parts on the car are very small. The brakes came of a mercedes 260E. So the only specific parts are the alpina badges and i am sure there not worth an extra £30k. :shock:
Anyway i thought Alpina died when Mpower decided to modifiy there cars. I cant believe that anyone still buys Alpina cars :roll:
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Post by Jet »

But it is the WOW! factor that sells these cars, not performance. It only had one powerplant, which you come to terms with before parting with your student loan. Besides the never ending attention which we all love (admit it) made up for the lack of grunt.
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Post by Racing Tortoise »

I get why people buy Alpinas. I've quite a hankering for a B3S Touring...discrete (I'd ditch the stripes and badging), whip-crack fast and with a nicer interior than normal BMWs.
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Post by apollo »

Jet wrote:But it is the WOW! factor that sells these cars, not performance. It only had one powerplant, which you come to terms with before parting with your student loan. Besides the never ending attention which we all love (admit it) made up for the lack of grunt.
Definetly gets the attention, and at the beginning thought it was quite nippy until a 1990 MX5 import(EUNOS) pulled away from me with ease - Now thats a feeling we must have all had. As i thrashed that M20 more it became slower and slower until I could take no more :head:Soon the attention turned to its performance.
As soon as I recieved my student loan I went down to Chesters Casino in the west end with Senna and hit the 25p roulette tables, had our free breakfast and walked out without a pot to piss in. :dunce:

RT- B3S Touring the only reason Alpina moded it is because BMW never made an M3 Touring - sort of knocks out the competition. I was suprised Alpina never moded the C1. :D Or maybe its because they couldn't fit that lovely trademark front spoiler that they haven't updated for years and that everyone cracks on speed humps. :lol: :lol:
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Post by Racing Tortoise »

If I bought a B3s I would fit it with MSport front and rear bumpers anyway. The SE ones are ugly and the Alpina bits do not improve them!
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apollo wrote:Definetly gets the attention, and at the beginning thought it was quite nippy until a 1990 MX5 import(EUNOS) pulled away from me with ease - Now thats a feeling we must have all had. As i thrashed that M20 more it became slower and slower until I could take no more :head:Soon the attention turned to its performance.
Its all in the mind, owners of fast cars rarely drive them fast, not sure if it is because they dont have to, or have nothing to prove, they tend to modestly cruise along with their supermodel girlfriends obscuring the road ahead, happy as larry. Yet the cars screeching around my manor crying out in pain, are the sheds and bygone hot hatch cars that have seen better days.
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Post by pingu »

apollo wrote:Looks like the 2 goats are going to be my best offer :oops:
As long as they fit on my bbq you have a deal!
<a href="http://s378.photobucket.com/albums/oo22 ... ily928.jpg" target="_blank"><img src="http://i378.photobucket.com/albums/oo22 ... ily928.jpg" border="0" alt="Photobucket"></a>
I reckon that you could get THREE goats on that BBQ.

I'll up the offer :D .

Seriously, I'm surprised at how the thread is concluding that your car's not worth as much as you'd hope. If I were interested in a big-engined conversion, yours would be top of the list. Better (IMHO) than anything else I've seen as it looks so standard on the outside.

My conversion was also a "wolf in sheep's clothing" - a 1312 half-race Metro :shock: .
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Post by apollo »

Racing Tortoise wrote:If I bought a B3s I would fit it with MSport front and rear bumpers anyway. The SE ones are ugly and the Alpina bits do not improve them!
RT you use the words "if i boughts a B3s" and drive a M5 V10, surely it would be cheaper to buy a Msport touring and put a M5 V8 or V10 instead of puting the Msport bumpers on a B3s and it would probably be cheaper :idea: and it would be alot faster :shock:
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Post by apollo »

Jet wrote:
apollo wrote:Definetly gets the attention, and at the beginning thought it was quite nippy until a 1990 MX5 import(EUNOS) pulled away from me with ease - Now thats a feeling we must have all had. As i thrashed that M20 more it became slower and slower until I could take no more :head:Soon the attention turned to its performance.
Its all in the mind, owners of fast cars rarely drive them fast, not sure if it is because they dont have to, or have nothing to prove, they tend to modestly cruise along with their supermodel girlfriends obscuring the road ahead, happy as larry. Yet the cars screeching around my manor crying out in pain, are the sheds and bygone hot hatch cars that have seen better days.
Jet i would disagree alot of owners of fast cars have everything to prove and rarely drive them at all- because they are woried about puting miles on them and really cant aford them in the first place :lol:
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Post by apollo »

pingu wrote:
apollo wrote:Looks like the 2 goats are going to be my best offer :oops:
As long as they fit on my bbq you have a deal!
<a href="http://s378.photobucket.com/albums/oo22 ... ily928.jpg" target="_blank"><img src="http://i378.photobucket.com/albums/oo22 ... ily928.jpg" border="0" alt="Photobucket"></a>
I reckon that you could get THREE goats on that BBQ.

I'll up the offer :D .

Seriously, I'm surprised at how the thread is concluding that your car's not worth as much as you'd hope. If I were interested in a big-engined conversion, yours would be top of the list. Better (IMHO) than anything else I've seen as it looks so standard on the outside.

My conversion was also a "wolf in sheep's clothing" - a 1312 half-race Metro :shock: .
I know that this car isnt for everyone, its not been done to sell at a profit, its created a very fast and drivable Z1. At least you can appriciate its value- you started at one goat and now were at three. :P
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apollo wrote:
pingu wrote:
apollo wrote:Looks like the 2 goats are going to be my best offer :oops:
As long as they fit on my bbq you have a deal!
<a href="http://s378.photobucket.com/albums/oo22 ... ily928.jpg" target="_blank"><img src="http://i378.photobucket.com/albums/oo22 ... ily928.jpg" border="0" alt="Photobucket"></a>
I reckon that you could get THREE goats on that BBQ.

I'll up the offer :D .

Seriously, I'm surprised at how the thread is concluding that your car's not worth as much as you'd hope. If I were interested in a big-engined conversion, yours would be top of the list. Better (IMHO) than anything else I've seen as it looks so standard on the outside.

My conversion was also a "wolf in sheep's clothing" - a 1312 half-race Metro :shock: .
I know that this car isnt for everyone, its not been done to sell at a profit, its created a very fast and drivable Z1. At least you can appriciate its value- you started at one goat and now were at three. :P
You would defo get my wife on there too, do you want to reconsider? :D So Three Goats, My Wife, Assorted vegs for garnish and a crate of stella, final offer!!

If I had the money i would seriously consider it, that or a supercharged Z3
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Post by Jet »

pingu wrote:
apollo wrote:Looks like the 2 goats are going to be my best offer :oops:
As long as they fit on my bbq you have a deal!
Seriously, I'm surprised at how the thread is concluding that your car's not worth as much as you'd hope. If I were interested in a big-engined conversion, yours would be top of the list. Better (IMHO) than anything else I've seen as it looks so standard on the outside.
Pingu, how can the thread conclude a lower estimate to owners valuation, when he has not said what he thinks its worth?
The problem is there is nothing to compare it to, hence the question. I saw an M5 based Z1 for sale some years ago, with a hump in the hood, priced at around €40k+ in europe somewhere. Its probably worth that, but in the UK market where prices are lower generally and Z1s are harder to sell, your choices are limited.

Lets ask Apollo, what do you think your car is worth, if you milked the 3 goats and put Evmundos wife on the game? :)
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I would gladly buy the Cheese :D
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Post by Jet »

I`ll have the goat, make some curry goat with rice n peas.

How about a V8 timeshare, that would solve the valuation problem. I will have it for a month every year.
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Post by pingu »

Jet wrote:How about a V8 timeshare, that would solve the valuation problem. I will have it for a month every year.
Great idea - I bags May (Monaco GP :D ). You can collect it from me in Nice on 1st June :D .
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Post by Racing Tortoise »

apollo wrote:
Racing Tortoise wrote:If I bought a B3s I would fit it with MSport front and rear bumpers anyway. The SE ones are ugly and the Alpina bits do not improve them!
RT you use the words "if i boughts a B3s" and drive a M5 V10, surely it would be cheaper to buy a Msport touring and put a M5 V8 or V10 instead of puting the Msport bumpers on a B3s and it would probably be cheaper :idea: and it would be alot faster :shock:
I am not about to exchange my M5 for a B3S. I was simply passing comment on the Alpina styling.
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Post by apollo »

Racing Tortoise wrote:
apollo wrote:
Racing Tortoise wrote:If I bought a B3s I would fit it with MSport front and rear bumpers anyway. The SE ones are ugly and the Alpina bits do not improve them!
RT you use the words "if i boughts a B3s" and drive a M5 V10, surely it would be cheaper to buy a Msport touring and put a M5 V8 or V10 instead of puting the Msport bumpers on a B3s and it would probably be cheaper :idea: and it would be alot faster :shock:
I am not about to exchange my M5 for a B3S. I was simply passing comment on the Alpina styling.
My point was how like many other you chose M power over Alpina.
My Z1 is too FAST and my Gallardo is too SLOW
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Racing Tortoise
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Joined: Mon 07 Nov, 2005 15:53
Posts: 894

  Z1 roadster
Location: SW6

Post by Racing Tortoise »

I chose an engine. Alpina doesn't offer the V10.
Currently: bereft of Z1
Previously: 1991 Ur-grun Z1 and 1991 Traum-schwartz Z1
apollo
Joined: Thu 27 Jul, 2006 20:28
Posts: 241

  Z1 roadster

Post by apollo »

I rest my case, we are now on the same wave length i also think that its the engine that makes the car :P The only difference is that Senna is the only one that offers the V8 and V10 :thumb:
My Z1 is too FAST and my Gallardo is too SLOW
cudly1
Joined: Mon 08 Aug, 2011 17:45
Posts: 23

  Z1 roadster
Location: Westby with Plumptons

Re: Z1 V8 Sell it or Keep it

Post by cudly1 »

Hi Did you sell it and did you do the conversion?
apollo
Joined: Thu 27 Jul, 2006 20:28
Posts: 241

  Z1 roadster

Re: Z1 V8 Sell it or Keep it

Post by apollo »

Senna did the conversion
My Z1 is too FAST and my Gallardo is too SLOW
cudly1
Joined: Mon 08 Aug, 2011 17:45
Posts: 23

  Z1 roadster
Location: Westby with Plumptons

Re: Z1 V8 Sell it or Keep it

Post by cudly1 »

Hi Apollo,

Thanks for your reply,

Can you tell me if the original "torque tube" was retained and if so how it was connected to I assume a different gearbox?

or did the gearbox have additional mountings added and was the "torque tube" modified or completely done away with?

Do you have any pictures of the underneath that you are prepared to share?

If so, they would be much appreciated. My email address is mikecurdling@hotmail.co.uk

Regards,

Mike
apollo
Joined: Thu 27 Jul, 2006 20:28
Posts: 241

  Z1 roadster

Re: Z1 V8 Sell it or Keep it

Post by apollo »

He did it nearly 8 years ago.

No photos of it underneath.

Would you like to buy the Red one?
My Z1 is too FAST and my Gallardo is too SLOW
cudly1
Joined: Mon 08 Aug, 2011 17:45
Posts: 23

  Z1 roadster
Location: Westby with Plumptons

Re: Z1 V8 Sell it or Keep it

Post by cudly1 »

Apollo, thanks for responding anyway.

As I'm well on the way with my conversion (engine is in mounts in car with gearbox attached) I guess I'll forgo the opportunity to buy yours; and as nobody seems prepared or able to offer any help on just what has been done to theirs I guess I'll just have to "re-invent the wheel" .

If you have any thoughts though please feel free to let me know.

Regards,

Mike
Bruno
Joined: Wed 09 May, 2007 14:21
Posts: 180

  Z1 roadster
Location: Cannes

Re: Z1 V8 Sell it or Keep it

Post by Bruno »

Hi Everyone,

Currently my engine is broken, so from now I'd like to swap it by a M3 engine (6 cyl) with an automatic gearbox (DKG for example).
But someone could give me an advice, how to fit that and which powertrain (engine + automatic gearbox) could fit on my Z1 ?
Which budget is it and who could help me to make that if I give my car for working on this project ?

Please don't talk about SMG gearbox !!

Many Thanks for your helps
Bruno DIAS
+33 6 75 87 78 77
1brunodias@gmail.com
France - Cannes
Z1 - AL04113
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