The second-generation BMW Z4, known as the E89, debuted for the 2009 model year. It marked a significant shift from its predecessor by introducing a retractable hardtop, moving the Z4 from a raw sports car to a more refined and comfortable grand tourer. Engine options in North America included the naturally aspirated 3.0-liter N52 inline-6 in the sDrive30i and the potent twin-turbocharged 3.0-liter N54 in the sDrive35i. A 6-speed manual was available for both, though the 7-speed DCT became a popular option.
The most collectible E89 is the sDrive35is, which arrived for 2011. It featured an uprated N54 engine producing 335 horsepower, came standard with the 7-speed DCT, and included aggressive M Sport bodywork and adaptive suspension. Manual transmission sDrive35i models are also sought after by enthusiasts for their more engaging driving experience. While some purists prefer the earlier E85 Z4's focus, the E89's combination of style, comfort, and performance has a strong appeal.
Today's market sees the E89 Z4 as a great value. With an average price in the low $20,000s, it's an accessible modern convertible with classic rear-wheel-drive BMW dynamics. Low-mileage sDrive35is models command the highest prices, often exceeding $40,000, while higher-mileage sDrive30i examples can be found for much less. It's a stable market that offers a lot of car for the money.
Buying Tips
- Check for proper operation of the retractable hardtop. Test it multiple times and look for hydraulic fluid leaks from the pump motor in the trunk.
- On N54-powered sDrive35i/is models, ask for records related to high-pressure fuel pump (HPFP) replacement, water pump failure, and intake valve carbon cleaning.
- Listen for wastegate rattle from the turbos on N54 engines, which is a common and potentially costly issue.
- If equipped with the 7-speed DCT, ensure it shifts smoothly and that service records show fluid and filter changes around the 50,000-mile mark.
- Inspect the electronic adaptive suspension for any warning lights or signs of leaking dampers, as replacement parts are expensive.
Based on 124 recent sales, prices for the E89 Z4 range from $450 to $51,000, with an average price of $23,835.
919 BMW E89 Z4 Roadster vehicles have been tracked across auctions and listings on Hypercars, with 394 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
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