Skip to main content

The BMW Z8 is an underappreciated gem (and maybe the best Bond car)

The BMW Z8 is arguably one of the best cars ever made

BMW Z8
Raphael Belly/Flickr

If you were to ask most BMW fans what their favorite model was, odds are it would start with an ‘M.’ Cars like the E30, E46, and E92 M3 are some of the most excellent drivers’ vehicles in automotive history. In a separate yet related affair, if you ask any group of people what their favorite James Bond car happens to be, there is a better-than-average chance that they would probably mention one of his amazing Aston Martins. But what if there was a car out there that could, and arguably should, be the answer to both of those questions? Let us introduce, or possibly reintroduce, the magnificently underappreciated BMW Z8.

BMW Z8 and 507
BMW 507 front view and BMW Z8 front 3/4 view Greg MG/Flickr / Greg MG/Flickr

From 507 to Z8: history repeats itself 

If the name Henrik Fisker sounds familiar, it’s because he founded Fisker Automotive and designed the beautiful but short-lived Fisker Karma. But a decade before his own company began, Henrik was commissioned to pen the Z07 Concept, which was meant to be an homage to BMW’s classic 507 from the 1950s. Keeping with the traditional long hood/short deck sports car template, Fisker created a beautifully flowing and muscular design that looked fast from any angle and could stop passersby dead in their tracks asking, “What is that?!”

Although he doesn’t get as much credit, Chris Lempert is responsible for designing the Z8’s unabashedly austere yet exquisitely elegant interior, which now feels centuries older than some of today’s techno-intensive cabins. The “banjo-style” steering wheel is the only thing aside from the perfectly raked windshield that stands in the way of looking out over the Z8’s bulging hood and fenders. The unique center-mount analog gauge cluster sits on top of aluminum-trimmed HVAC vents and controls, with the only Z8 badge tucked between the two Nappa leather-covered seats. This simple yet sophisticated style allowed the Z8 to give a nod to the past while still maintaining BMW’s air of nobility.

BMW Z8 interior
BMW Z8 interior red M85 Media - Ryan Small/Flickr / M85 Media - Ryan Small/Flickr

The BMW Z8’s interior is clean, classic and somehow contemporary

Though it didn’t have an “M” in its name, the Z8 did draw its power from a modified variant of the mighty 4.9-liter M62 V8, which also powered the incredible E39 M5 (another headliner on the ‘favorite BMWs.’ But unlike the comparatively portly sedan, the svelte Z8 could use all 394 horsepower and 369 pound-feet of torque even more effectively and challenge everything and anything from Ferraris to a Chevy Corvette Z06 (more on that in a moment).

That naturally-aspirated nightmare then sent power through a traditional six-speed manual transmission and onto the rear wheels where big 275/40/WR-18 rear Bridgestone Potenza RE040 tires sat ready to claw and grab as much of the tarmac as possible while a set of 245/45WR-18 rubber took care of directional duties.

BMW Z8
BMW Z8 engine bay view Torquemada1965/Flickr / Torquemada1965/Flickr

The Z8 ran from 0-60 in just 4.2 seconds

The Z8 weighed in at 3,487 pounds thanks to an aluminum monocoque space frame, which helped balance the Bimmer’s mass in a perfect 50/50 front/rear split. To give a little perspective, that clocks in right around five hundred pounds lighter than its M5 sibling. With an even more performance-oriented power-to-weight ratio, the Z8 could rocket from 0-60 mph in a blistering 4.2 seconds. Keep on the throttle, and 0-100 mph would come and go in a mere 10.2 seconds, while the quarter-mile could flash by in a Dodge Viper-fighting 12.6 seconds at 111.8 mph.

Its coil-over front and multi-link rear suspension allowed the Z8 to zip around the skidpad to the tune of 0.90 g of lateral grip, while 13.1-inch front and 12.9-inch rear brakes helped rein in all that speed, taking just 116 feet to stop from 60-0 mph.

BMW Z8
BMW Z8 black rear 3/4 view creativelabs ck-cabrio/Flickr

The Alpina Roadster V8: a grand touring version of the Z8

In total, BMW created 5,704 Z8s for the entire world from 1999-2002 (as 2000-2003 models), with 2,543 of them being sent to North America. Once production of the Z8 ended in November of 2002, car lovers everywhere were in despair, but only briefly. In 2003, BMW tuner Alpina took possession of the Z8, and the Alpina Roadster V8 was born.

Though they may have looked the same, the ethos of the Alpina Roadster V8 starkly contrasted with the car it replaced. If the Z8 was a fire-breathing Olympic-level sprinter ready for a 100-meter dash at a moment’s notice, the Alpina Roadster was made to be more of a professional marathoner. The goal of the Roadster was to be a more comfortable Grand Touring sports car akin to the Aston Martins 007 was accustomed to driving as opposed to the Z8’s more hardcore track-day Ferrari-like racer mentality.

Alpina used a slightly smaller 4.8-liter V8 code-named M62. This engine was tuned to provide a more even flow of power. Peak horsepower dropped to 375, while peak torque was raised to 383 pound-feet, and the Z8’s manual transmission got ditched in favor of a ZF five-speed automatic. The Alpina’s suspension was also tuned to be noticeably softer than the taut Z8’s slalom-slicing setup. Only 555 Alpina V8 Roadsters were ever built, making them markedly more rare than its predecessor by about a factor of ten.

BMW Z8
Hugo Sebastian/Flickr / flickr

Even MI6 would have trouble affording a BMW Z8 today

As with so many things, the Z8 never got the proper respect it deserved in its day. But with a couple of decades of perspective, the Z8 is finally getting noticed by collectors. It also doesn’t hurt that the Z8 is a bona fide movie star… more or less. As 007 movies go, The World Is Not Enough is not widely renowned as a fan favorite. Perhaps the 1999 Bond film would have landed higher on lists had James’ darling BMW Z8 not been inexplicably sawed in half barely 14 minutes into the movie. 

That said, the Z8 has jumped considerably from its original $128,000 price tag. According to Classic.com, a Z8 sells for just over $200,000. Even more astonishing is that the Alpina V8 Roadster’s current resale value is just shy of $290,000, which is more than double its original $140,000 price tag. 

When it comes to the world of Bond cars and BMWs, there are so many options for favorites. And while the Aston Martin DBS and BMW M5 are unbelievably exciting cars in their respective categories, one look at the Z8, and it becomes clear that the Z8 might just leave you shaken and stirred.

Editors' Recommendations

Lou Ruggieri
A lifelong lover of cars, Lou contributes to Motor Trend, Hot Cars, Auto & Truck Connection, and the PowerAutoMedia Group.
Report: The car colors with the best (and worst) resale value
Believe it or not, the color of your car can greatly affect its resale value
Colorful supercars parked

Anyone who has ever bought a car or even dreamed of buying one always starts with the same few options. First is what type of car they want, then what brand and model they want, and finally, what car colors are available and which of those suits them the best. It may seem self-evident that color choice is almost always based on personal preference, but what if there was another reason to choose the color of that car? A new report from iSeeCars.com proves that color choice directly affects the resale value of vehicles, and you might be surprised at the results.
Yellow cars win the resale gold
After evaluating more than 1.3 million used cars, all three years old, the color that held its value better than all others? Yellow. That’s right, eye-catching yellow cars depreciated just 13.5% of their value after three years, equating to an average of $6,588 lower than their original MSRP. At the other end of the spectrum is gold, which drops precipitously over the same time frame, nearly doubling yellow’s numbers, falling 25.9% and an average of $11,546.
Sedans and minivans are worth more in boring colors
However, the ranks change when you delve into specific vehicle types. In the sedan category, surprisingly, brown is the leader in the clubhouse, depreciating just 16.8% and $5,292 after three years, while not-so-surprisingly, purple falls the hardest at 24.6% and $7,265. Sedans are family haulers and aren’t designed to be overly flashy. This may explain why a more traditional color tops the list than the vivid and polarizing purple at the bottom.

In the niche market of off-road trucks, beige tops the list, dropping a mere 7.9% and just $3,640, as compared to silver, which at the bottom of the list depreciates 16.5% and a full $8,042. This may be because newer, more hardcore off-roaders like the Toyota Tacoma TRD, Ram TRX Sandblast Edition, and Jeep Gladiator Mojave are all low-volume specialty vehicles that are some of the few offered in beige but retain their value in most any color.

Read more
Bad buys: These 10 cars have the worst resale values
Used car values: Stay away from these 10 models
2023 BMW 7-Series parked on the side of the road in front of mountains.

The pandemic caused used car prices to go haywire. Everyone wanted to buy a car, but new ones weren't available, so they went to the used car markets. High demand resulted in high prices and chaos. While finding a new car at a dealership without a massive markup is still difficult, you'll want to pay extra close attention to car value and what car you buy while asking yourself -- what is my car worth? -- because depreciation could be on your side or against you.

These ten cars have the worst resale values
iSeeCars analyzed over three million three-year-old and five-year-old used cars sold in 2022 to find which vehicles hold onto their values and which ones depreciate like rocks. Because of the pandemic, used vehicles retained their resale value more than before. But quite a few used cars had depreciation figures that crossed over 50%, well above the national average of 33%.
So, if you're looking to avoid a vehicle with a horrible resale value, you'll want to stay far away from these ten models:

Read more
From efficient to exotic, these are the best road trip cars for exploring the country
Pack up and hit the road! Make your travels memorable this year with these amazing road trip cars
VW van

When embarking on your next great road trip adventure, camping, or even a vacation, for that matter, the car you take is nearly as important as the route. Some drivers consider a 1-hour drive to get a leftover Christmas tree as a legit "road trip," but that’s not what we’re talking about here. The cars on this list are unique vehicles that you’ll want to drive cross-country on an adventure to find some of the best routes in America.

The vehicles you see here range from classic icons to exotic supercars. Most are relatively affordable; some aren't. Of course, we didn't forget about SUVs that have enough room for the entire family (and Fido, too!). Choosing a car to take on a road trip is a highly personal decision. But at the end of the day, these are the best cars for road trips, hands down.

Read more