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2002 BMW Z8 Overview, Reviews, Ratings & Specs

Rating: 5.00
Based on 12 Owner Reviews â–¶
Cathleen V | March 31, 2025
The 2002 BMW Z8 is a stunning roadster produced from 2000 to 2003. Inspired by the iconic BMW 507, it boasts a sleek, timeless design. Only one trim was available, emphasizing luxury and performance. New, it cost around $130,000. Its limited production and retro styling made it an instant classic, appealing to collectors and enthusiasts alike for its blend of vintage aesthetics and modern BMW engineering.
The Good

The 2002 BMW Z8 offers exhilarating performance from its V8 engine, coupled with surprising comfort for a roadster. Its timeless design evokes emotional appeal, while its BMW engineering provides a degree of reliability for a car of its type. The investment potential, given its rarity, also adds to its overall value proposition.

The Bad

The 2002 BMW Z8 can be expensive to maintain due to its specialized parts and complex electronics. Watch out for potential issues with the onboard computer system, convertible top mechanism, and certain engine components. Also, the aluminum body panels are susceptible to damage and can be costly to repair.

2002 BMW Z8: Quick Overview

  • Engine: 4.9L S62 V8
  • Horsepower: 394 hp @ 6,600 rpm
  • Torque: 368 lb-ft @ 3,800 rpm
  • Fuel Economy: Approximately 14 mpg city / 22 mpg highway
  • 0-60 mph: Around 4.7 seconds
  • Towing Capacity: Not applicable (not designed for towing)
  • Trim Level Features:
    • Xenon headlights
    • Leather upholstery
    • Power seats with memory
    • Navigation system
    • Premium sound system
    • Automatic climate control
    • Power convertible top
    • Limited-slip differential
    • 18-inch alloy wheels
    • Heated seats
    • Cruise control
    • Central locking with remote control
    • Aluminum interior trim
    • Retractable roll bars
    • Anti-theft alarm system
  • Transmission: 6-speed manual transmission (standard), available automatic transmission (rare)

The Z8 was offered in a single, well-equipped trim level, meaning that most features were standard. The only significant options were the choice of a hardtop and the automatic transmission. The car's performance was directly linked to its M5 engine, offering a powerful and responsive driving experience. Its focus was on luxury and performance, resulting in a well-rounded package for the discerning buyer.

2002 BMW Z8 Specifications

Vehicle Information
Year 2002
Make BMW
Model Z8
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Vehicle History Report

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Analysis

What Problems Does the 2002 BMW Z8 Have?

The 2002 BMW Z8, while generally well-engineered, has a few frequently reported problems. One common issue involves the car's onboard computer system, which can experience glitches or require software updates. The convertible top mechanism is another area of concern, as the hydraulics and motors can fail over time, leading to expensive repairs.

Engine issues, while not widespread, can occur, particularly with the VANOS (variable valve timing) system and oil leaks. Early models (2000-2001) experienced some issues with the fuel pump, potentially leading to stalling. Aluminum body panels are prone to dents and scratches, making bodywork costly.

Reliability concerns are also tied to the car's age and the availability of specific parts, which can be scarce and expensive. Electrical gremlins are not uncommon in older luxury vehicles, and the Z8 is no exception.

Recalls were issued for some Z8 models, primarily concerning fuel line issues and potential airbag malfunctions. It's crucial to check the vehicle's VIN with BMW to ensure all recalls have been addressed before purchasing. Long-term reliability hinges on meticulous maintenance and addressing issues promptly to prevent them from escalating. Regular fluid changes, inspections, and preventative maintenance are essential to keep a Z8 running smoothly for years to come.

How long will the 2002 BMW Z8 last?

Given its collectible status, the 2002 BMW Z8 often sees lower-than-average mileage. Many examples have less than 50,000 miles. Years of service greatly depend on maintenance. With diligent care, a Z8 can easily last beyond 20 years, but neglected examples will suffer. Long-term durability is generally good, but weaknesses emerge in the electronics, convertible top hydraulics, and potentially, the VANOS system. Proper storage and regular servicing are critical for preserving its condition and value.

What Technology & Safety Features are Included?

The 2002 BMW Z8, while visually retro, features surprisingly modern technology for its time. The built-in navigation system was a high-end feature, and the premium sound system delivered excellent audio quality. Entertainment was primarily focused on the driving experience itself, but a multi-disc CD changer was available.

Driver-assistance features were limited compared to today's standards, but it included cruise control and parking sensors. Safety features included anti-lock brakes (ABS), traction control, and dual front airbags. Retractable roll bars automatically deployed in the event of a rollover, providing added protection.

Optional features were relatively limited given the Z8's high standard specification. A color-matched hardtop was the most notable option, enhancing its all-weather usability.

Crash test ratings for the Z8 are scarce as it was not widely crash-tested due to its low production numbers and cost. However, its robust construction, advanced safety features (for its time), and BMW's reputation for safety engineering suggest reasonable crashworthiness. The car's monocoque aluminum space frame also contributed to structural rigidity. The car also had driver and passenger side airbags.

What Colors Options are Available?

Exterior Colors
Silver
Black
Topaz Blue Metallic
Stratus Grey Metallic
Interior Colors
Crema
Sport Red/Black
Black

2002 BMW Z8 Prices and Market Value

When new, the 2002 BMW Z8 retailed for approximately $130,000. Today, used market prices range significantly, from around $150,000 to over $300,000 depending on condition, mileage, and provenance. Unlike typical cars, the Z8 has appreciated in value due to its rarity, design, and collectibility. Factors affecting resale value include low mileage, original condition, complete service records, and the presence of the hardtop. Cars with significant modifications or damage will command lower prices.

2002 BMW Z8 Cost of Ownership

The 2002 BMW Z8 is decidedly costly to own. Insurance premiums are high due to its value and performance. Fuel economy is poor, requiring premium gasoline. Maintenance and repairs are expensive, as parts can be scarce and specialized labor is often needed. Long-term ownership demands a commitment to preventative maintenance and the willingness to address issues promptly. This is not an economical car, but rather an investment for enthusiasts.

2002 BMW Z8 Fuel Efficiency

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2002 BMW Z8 Insurance

Insurance for a 2002 BMW Z8 is moderately priced, reflecting its status as a Vehicle with strong safety ratings and
reasonable repair costs.

How Does the 2002 BMW Z8 Compare to Other Vehicle?

The 2002 BMW Z8 competed with roadsters like the Mercedes-Benz SL-Class (R129 and R230 generations) and the Porsche 911 Cabriolet (996 generation). In terms of performance, the Z8 offered comparable power and handling to the SL500 and early 996 Carrera Cabriolets. However, the Z8's unique retro design set it apart.

Feature-wise, the Z8 offered a well-equipped package, but the SL-Class provided more advanced technology and comfort features. Reliability is a mixed bag; while the Z8's engine is robust, its electronics and convertible top can be problematic, potentially making it less reliable than some SL models or the relatively robust 911.

Price-wise, the Z8 was significantly more expensive than both the SL and 911 when new, and that price premium has persisted in the used market. Due to the Z8's appreciating value and collectible nature, finding a 'better' alternative is subjective. If sheer performance is the goal, a later-model Porsche 911 Turbo Cabriolet might be a better option. If comfort and technology are paramount, a Mercedes-Benz SL would be a more appropriate choice. However, for those seeking a unique, stylish, and appreciating roadster, the Z8 stands alone. Similar alternatives in terms of exclusivity and styling might include the Aston Martin DB7 Volante, though that is a different class of car.

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9 2023 Audi A3 (0.0★)
10 2023 Chevrolet Camaro (5.0★)
11 2023 Hyundai Elantra Hybrid (0.0★)
12 2023 Nissan Altima (4.0★)
761 2002 BMW Z8 (5.0★)

Final Verdict: Is the 2002 BMW Z8 a Good Vehicle?

The 2002 BMW Z8 is ideal for collectors and enthusiasts who appreciate its unique design and performance heritage. It's worth buying if you're prepared for potentially high maintenance costs and see it as an investment. Given that it was only produced in one trim, the key factor is condition and mileage. A well-maintained example with complete service records is preferable. Buying a used Z8 makes the most sense, as new ones are obviously unavailable. Ensure a thorough pre-purchase inspection to avoid costly surprises. This car is not for the faint of heart or those seeking an economical daily driver; it's a statement piece.

2002 BMW Z8 Owner Reviews

5.00
Consumer Rating, Based on 12 Consumer Reviews
Overall rating
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MikeT on December 16, 2017

Perection

Black over red/black is my second favorite color combination (191 of the 2543 US models in this color combination). Topaz over creama is my first choice but they are scarce and I lost patience after a year of searching. The car is terrific to drive and absolutely beautiful. If you are buying a Z*, be sure the phone, factory book and cup holder are included. Also negotiate to have the Performance Package installed. The original price of $130,000 equates to a current day price of about $180,000 which is what I paid for mine with under 12,000 miles.

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MACFLY on July 4, 2014

AN INCREDIBLE MODERN CLASSIC

This is a stunningly fun sports car to drive, and also a great collector car, with perfect examples going for almost twice of their original MSRP. It's BMW drivetrain is exceptionally reliable, and much less expensive to maintain that a similar vintage exotic from Italy or England (AM), which really makes it a wonderful practical classic. In the 12 years I've had mine I've covered just over 25,000 miles, including driving it from LA to Santa Fe, up to Aspen, and back in a week, and countless runs up the California coast. It's a perfect car to enjoy the beauty of the open road in every way, if you think you might enjoy one, I can promise you, you will. 🙂

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Dollars to spend on November 2, 2010

The best and sharpest car I have ever owned

A show stopper in every way. Topaz Blue with Crema interior. 8303 miles when I bought it late summer. It is a delight to drive! It cost me about what a new 911 would but its depreciation is minimal compared to the other big names. They only made 5800 of the Z8 and only around 1500 of my color combination. Hard top is a challenge to remove and I haven't tried to get it back on the car yet. Comes with a nice storage rack for the top, though. All parts and service are available as for current models and that is quite satisfying. If you can find one at the right price and miles, go for it! rwb

Was this review helpful?
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MikeT on December 16, 2017

Perection

Black over red/black is my second favorite color combination (191 of the 2543 US models in this color combination). Topaz over creama is my first choice but they are scarce and I lost patience after a year of searching. The car is terrific to drive and absolutely beautiful. If you are buying a Z*, be sure the phone, factory book and cup holder are included. Also negotiate to have the Performance Package installed. The original price of $130,000 equates to a current day price of about $180,000 which is what I paid for mine with under 12,000 miles.

Was this review helpful?
1
0

MACFLY on July 4, 2014

AN INCREDIBLE MODERN CLASSIC

This is a stunningly fun sports car to drive, and also a great collector car, with perfect examples going for almost twice of their original MSRP. It's BMW drivetrain is exceptionally reliable, and much less expensive to maintain that a similar vintage exotic from Italy or England (AM), which really makes it a wonderful practical classic. In the 12 years I've had mine I've covered just over 25,000 miles, including driving it from LA to Santa Fe, up to Aspen, and back in a week, and countless runs up the California coast. It's a perfect car to enjoy the beauty of the open road in every way, if you think you might enjoy one, I can promise you, you will. 🙂

Was this review helpful?
1
0

Dollars to spend on November 2, 2010

The best and sharpest car I have ever owned

A show stopper in every way. Topaz Blue with Crema interior. 8303 miles when I bought it late summer. It is a delight to drive! It cost me about what a new 911 would but its depreciation is minimal compared to the other big names. They only made 5800 of the Z8 and only around 1500 of my color combination. Hard top is a challenge to remove and I haven't tried to get it back on the car yet. Comes with a nice storage rack for the top, though. All parts and service are available as for current models and that is quite satisfying. If you can find one at the right price and miles, go for it! rwb

Was this review helpful?
1
0

MikeT on December 16, 2017

Perection

Black over red/black is my second favorite color combination (191 of the 2543 US models in this color combination). Topaz over creama is my first choice but they are scarce and I lost patience after a year of searching. The car is terrific to drive and absolutely beautiful. If you are buying a Z*, be sure the phone, factory book and cup holder are included. Also negotiate to have the Performance Package installed. The original price of $130,000 equates to a current day price of about $180,000 which is what I paid for mine with under 12,000 miles.

Was this review helpful?
1
0

MACFLY on July 4, 2014

AN INCREDIBLE MODERN CLASSIC

This is a stunningly fun sports car to drive, and also a great collector car, with perfect examples going for almost twice of their original MSRP. It's BMW drivetrain is exceptionally reliable, and much less expensive to maintain that a similar vintage exotic from Italy or England (AM), which really makes it a wonderful practical classic. In the 12 years I've had mine I've covered just over 25,000 miles, including driving it from LA to Santa Fe, up to Aspen, and back in a week, and countless runs up the California coast. It's a perfect car to enjoy the beauty of the open road in every way, if you think you might enjoy one, I can promise you, you will. 🙂

Was this review helpful?
1
0

Dollars to spend on November 2, 2010

The best and sharpest car I have ever owned

A show stopper in every way. Topaz Blue with Crema interior. 8303 miles when I bought it late summer. It is a delight to drive! It cost me about what a new 911 would but its depreciation is minimal compared to the other big names. They only made 5800 of the Z8 and only around 1500 of my color combination. Hard top is a challenge to remove and I haven't tried to get it back on the car yet. Comes with a nice storage rack for the top, though. All parts and service are available as for current models and that is quite satisfying. If you can find one at the right price and miles, go for it! rwb

Was this review helpful?
1
0

MikeT on December 16, 2017

Perection

Black over red/black is my second favorite color combination (191 of the 2543 US models in this color combination). Topaz over creama is my first choice but they are scarce and I lost patience after a year of searching. The car is terrific to drive and absolutely beautiful. If you are buying a Z*, be sure the phone, factory book and cup holder are included. Also negotiate to have the Performance Package installed. The original price of $130,000 equates to a current day price of about $180,000 which is what I paid for mine with under 12,000 miles.

Was this review helpful?
1
0
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Cathleen V

Cathleen is an exceptional freelance writer covering hot topics in the automotive world from a gearhead's perspective. Her articles delve into various aspects of automotive technology and history, offering readers detailed insights into engine performance, reliability, and maintenance. Through her engaging and informative writing, Cathleen provides valuable information to automotive enthusiasts and consumers alike, helping them make informed decisions about vehicle maintenance and purchases.