1997 BMW Z3

2.8 Roadster Convertible 2.8 L

Vehicle values by condition

Condition 4
#4 cars are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped.
Condition 3
#3 cars could possess some, but not all of the issues of a #4 car, but they will be balanced by other factors such as a fresh paint job or a new, correct interior.
Condition 2
#2 cars could win a local or regional show. They can be former #1 cars that have been driven or have aged. Seasoned observers will have to look closely for flaws.
Condition 1
#1 vehicles are the best in the world. The visual image is of the best car, unmodified, in the right colours, driving onto the lawn at the finest concours.
Insurance premium for a
1997 BMW Z3 2.8 Roadster Convertible 2793
valued at £13,200
£348.81 / year*

History of the 1997 - 2002 BMW Z3

1997 - 2002 BMW Z3
1997 - 2002 BMW Z3

Model History: BMW Z3 1.8, 2.8 3.2M Roadster and 3.2M Coupe

First introduced in January 1997 as a 1.8-litre and April 1997 as a 2.8 litre, the BMW Z3 Roadster is a two-door convertible. The Z3 1.8 uses an 1895cc fuel-injected 16-valve 4-cylinder DOHC engine producing 140bhp through the rear wheels either using a five-speed manual gearbox or an optional five-speed automatic (four-speed from 1997). The Z3 2.8 uses a 2793cc fuel-injected 6-cylinder DOHC engine producing 193bhp, and as well as the five-speed manual 'box also had the option of a four-speed auto.

Both models came with body- coloured door mirrors, a lockable rear storage box, electric windows and seats and a moulded soft-top cover. The 2.8 was distinguishable with larger rims (16 inch against 15), widened arches, deep front spoiler with air intake, electric hood, traction control with LSD and 'Oregon' leather upholstery. From September 1997, ACS+T (traction control) and CD multichanger were provided as standard on all models.

In January 1998, a new range-topping 'M' series car was added: the BMW Z3 M 3.2 Roadster. Using a 3201cc multi-point fuel-injected six-cylinder DOCH engine, it produced a healthy 321bhp. Four stainless exhaust pipes, wider sill panels and arches, 17-inch alloys plus M-series badges marked this model out from its smaller siblings.

Later the same year, in September 1998, BMW released a coupe version: the BMW Z3 M Coupe that shared many parts with the Roadster but with a stiffer chassis afforded by the roof. Its look divided opinion both then and now, but it has retained a following that has kept values relatively high. In 2001, the S54 engine from the E46 M3 was fitted giving 325bhp, but all models have a top speed limited to 155mph.

Alternatives are relatively few and far between: the Alfa Romeo GTV Cup shares quirky styling and its Busso engine sounds wonderful, but its performance lags way behind that of the Z3M. The Honda NSX may be another option, but provides a very different driving experience.

All 1997 BMW Z3 body types

Year Make Model Submodel Body Type Engine size Average value
1997 BMW Z3 1.8 Roadster Convertible 1.9 L £ 7,600 11,100 16,600 20,100
1997 BMW Z3 2.8 Roadster Convertible 2.8 L £ 8,100 13,200 19,200 25,100
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