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2001 BMW Z8 Overview, Reviews, Ratings & Specs

Rating: 4.73
Based on 12 Owner Reviews ▶
Cathleen V | March 31, 2025
The 2001 BMW Z8 is a two-door roadster inspired by the iconic BMW 507 of the 1950s. Produced from 2000 to 2003, it was available only as a single trim. Powered by a 4.9-liter V8 engine, its retro-modern styling and luxurious appointments made it instantly desirable. New prices ranged from around $128,000. Its unique blend of classic design and modern performance is a key reason for its enduring popularity.
The Good

The 2001 BMW Z8 offers exhilarating performance from its powerful V8, stunning retro-inspired design, and a comfortable, well-appointed interior. Emotionally, it's a head-turner and a joy to drive. Practically, it holds its value well and provides a refined grand touring experience, though fuel efficiency isn't its forte.

The Bad

The 2001 BMW Z8's weaknesses include its complex electronics, which can be prone to failure. Inspect for proper function of all systems, including the navigation and lighting. The aluminum spaceframe is costly to repair if damaged. Also, some owners have reported issues with the soft top mechanism and convertible top seals, so careful inspection is a must.

2001 BMW Z8: Quick Overview

  • Engine Options: 4.9-liter V8 (S62)
  • Horsepower: 394 hp @ 6,600 rpm
  • Torque: 368 lb-ft @ 3,800 rpm
  • Fuel Economy: EPA estimated 14 mpg city / 22 mpg highway
  • 0-60 mph: Approximately 4.7 seconds
  • Towing Capacity: Not applicable; the Z8 is not designed for towing.
  • Trim-Level Features: The 2001 BMW Z8 was offered in a single, well-equipped trim level. Key features included:
    • Leather upholstery
    • Navigation system
    • Premium audio system
    • Power-adjustable seats
    • Xenon headlights
    • Automatic climate control
    • Heated seats
    • Retractable soft top (power-operated)
    • Aluminum spaceframe construction
    • 18-inch alloy wheels
    • Limited-slip differential
    • Anti-lock braking system (ABS)
    • Dynamic Stability Control (DSC)
    • Side airbags
  • The Z8 offered a blend of luxury and performance, designed to evoke the spirit of classic roadsters while providing modern amenities and technology.

2001 BMW Z8 Specifications

Vehicle Information
Year 2001
Make BMW
Model Z8
Trim -
Style -
Type Convertible
Category Sports Car
Manufacturing Details
Made In Germany
Manufacturing City MUNICH
Dimensions
Doors 2-Door
Curb Weight 3495 pounds
Gross Vehicle Weight Rating -
Overall Height 51.90 inches
Overall Length 173.20 inches
Overall Width 72.00 inches
Wheelbase Length 98.60 inches
Standard Seating 2
Engine & Performance
Engine 4.9-L V-8 DOHC 32V
Engine Size 4.9L
Engine Cylinders 8
Transmission 6-Speed Manual
Transmission Type Manual
Transmission Speeds 6-Speed
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System 4-Wheel ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $128,000
Invoice Price $115,360
Delivery Charges $645

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What Problems Does the 2001 BMW Z8 Have?

Frequently reported problems for the 2001 BMW Z8 often revolve around its electrical systems. The complex electronics, including the navigation system and lighting controls, can be prone to glitches and failures. Some owners have reported issues with the convertible top mechanism, specifically problems with the hydraulic system and sensors that control its operation. Leaks around the soft top seals can also occur, leading to water ingress into the cabin.

Long-term reliability concerns often stem from the age of the vehicle. Rubber components, such as hoses and seals, can deteriorate over time, leading to leaks and other issues. The aluminum spaceframe, while strong and lightweight, can be expensive to repair if damaged. Regular maintenance and careful attention to any warning signs are crucial for preserving the Z8's reliability.

Recalls have been issued for the Z8, primarily related to airbag inflator issues. It is essential to check the vehicle's history for any outstanding recalls and ensure that they have been addressed by a certified BMW technician. Specific problems haven't been widely differentiated by model year, suggesting consistent issues across the production run (2000-2003).

How long will the 2001 BMW Z8 last?

Given its age, a 2001 BMW Z8's mileage can vary widely. Many are low-mileage examples, cherished and sparingly driven. However, even well-maintained examples are over 20 years old. Expect an average of 5,000 miles per year, potentially less for garaged collector cars. Long-term durability depends heavily on maintenance. The engine is generally robust, but electrical gremlins, suspension bushings, and convertible top components are potential weaknesses over time. Rust isn't a major concern due to the aluminum spaceframe, but corrosion can affect other parts. Regular servicing and addressing issues promptly are vital for preserving its longevity.

What Technology & Safety Features are Included?

The 2001 BMW Z8, while a modern classic, features tech that was advanced for its time but now feels dated. Built-in tech includes a navigation system (which is primitive by today's standards), a premium audio system, and automatic climate control. Driver-assistance features are limited, reflecting the era; it includes Dynamic Stability Control (DSC) and anti-lock brakes (ABS). Safety features comprise dual front airbags and side airbags.

Optional features were minimal, as the Z8 came well-equipped. A color-matched hardtop was available as an accessory. The integrated entertainment system featured a radio, CD player, and cassette player.

Crash test ratings for the Z8 are scarce. As a low-volume, specialty vehicle, it was not subjected to formal crash testing by IIHS or NHTSA. However, its robust construction, aluminum spaceframe, and safety features offered a decent level of protection for its era. Overall, the Z8 emphasized driving experience and styling over cutting-edge tech, prioritizing a classic roadster feel with some modern conveniences.

What Colors Options are Available?

Exterior Colors
Silver Metallic
Black
Topaz Blue Metallic
Titanium Silver Metallic
Interior Colors
Crema Nappa Leather
Black Nappa Leather
Sport Red Nappa Leather

2001 BMW Z8 Prices and Market Value

The 2001 BMW Z8 had a new price of approximately $128,000. Today, used market prices typically range from $150,000 to over $250,000, depending on condition, mileage, and originality. Unlike most cars that depreciate, the Z8 has appreciated significantly due to its limited production, iconic design, and performance. Factors affecting resale value include low mileage, pristine condition, complete service records, the presence of the hardtop, and original components. Well-preserved examples command a premium, making it a collector's item.

2001 BMW Z8 Cost of Ownership

The 2001 BMW Z8 is generally costly to own. Insurance premiums are high due to its value and performance. Fuel consumption is poor, reflecting its powerful V8 engine. Maintenance and repairs can be expensive, as parts are often specialized and labor costs are high. Long-term ownership requires diligent maintenance to address potential issues with the electronics, convertible top, and other components. While it's not an economical choice, its appreciating value may offset some of the running costs for careful owners.

2001 BMW Z8 Fuel Efficiency

Fuel Type Gasoline (Required)
Fuel Capacity 19.30 gallons
City Mileage 13 miles/gallon
Highway Mileage 21 miles/gallon

2001 BMW Z8 Safety Rating

NHTSA
Side Driver Rating
Frontal Passenger Rating
Rollover Rating
Side Rear Passenger Rating
Frontal Driver Rating
IIHS
Rear Crash Protection/Head Restraint Ratings Not Tested
Moderate Overlap Front Test Results Not Tested
Side Impact Test Results Not Tested

2001 BMW Z8 Recalls & Defects

Engine and Engine Cooling:cooling System:fan
Recall date 2002-05-16
Recall no. 02v138000
Source NHTSA
Summary ON Certain Passenger Vehicles, THE Engine Auxiliary/Cooling FAN Operation, Including Variable Speed, IS Electronically Controlled. Failure OF THE FAN Motor CAN Cause THE Electrical Circuitry OF THE FAN Control Unit TO Overload and Fail, Causing THE FAN TO Stop Operating.
Consequence IF This Were TO Occur, Engine Overheating and Subsequent Engine Damage Could Result. IN Addition, IT IS Possible FOR THE Failure OF THE Electrical Circuitry TO Cause A Fire IN THE FAN Control Unit Located IN THE Front OF THE Engine Compartment.
Remedy Dealers Will Replace THE Fan. Owner Notification Began September 28, 2001. This IS A Supplement TO A Recall That Began During September 2001 (See Recall Campaign 01v206). Owners WHO Take Their Vehicles TO AN Authorized Dealer ON AN Agreed Upon Service Date and DO NOT Receive THE Free Remedy Within A Reasonable Time Should Contact BMW AT 1-800-831-1117.
Notes Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-Dash-2-dot (1-888-327-4236).
Engine and Engine Cooling:cooling System:fan
Recall date 2001-06-21
Recall no. 01v206000
Source NHTSA
Summary Vehicle Description: Passenger Vehicles. THE Engine Auxiliary/Cooling FAN Operation, Including Variable Speed, IS Electronically Controlled. Failure OF THE FAN Motor CAN Cause THE Electrical Circuitry OF THE FAN Control Unit TO Overload and Fail, Causing THE FAN TO Stop Operating.
Consequence IF This Were TO Occur, Engine Overheating and Subsequent Engine Damage Could Result. IN Addition, IT IS Possible FOR THE Failure OF THE Electrical Circuitry TO Cause A Fire IN THE FAN Control Unit Located IN THE Front OF THE Engine Compartment.
Remedy Dealers Will Replace THE Fan. Owner Notification Began September 28, 2001. Owners WHO Take Their Vehicles TO AN Authorized Dealer ON AN Agreed Upon Service Date and DO NOT Receive THE Free Remedy Within A Reasonable Time Should Contact BMW AT 1-800-831-1117.
Notes Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-Dash-2-dot (1-888-327-4236).

2001 BMW Z8 Warranty

Basic
Original warranty 48 months / 50,000 miles
Estimated remaining Expired
Powertrain
Original warranty 48 months / 50,000 miles
Estimated remaining Expired
Rust
Original warranty 72 months / unlimited miles
Estimated remaining Expired

2001 BMW Z8 Insurance

Insurance for a 2001 BMW Z8 is moderately priced, reflecting its status as a Convertible with strong safety ratings and
reasonable repair costs.

How Does the 2001 BMW Z8 Compare to Other Convertible?

The 2001 BMW Z8's key rivals included the Mercedes-Benz SL-Class (specifically the SL500) and, to a lesser extent, the Porsche 911 Cabriolet. In terms of performance, the Z8 offered comparable power and acceleration to the SL500, but with a more engaging driving experience. The Porsche 911 offered superior handling. The Z8's retro styling was unique, setting it apart from the more conventional designs of its rivals. Feature-wise, the Z8 came well-equipped, though its technology was becoming dated compared to newer models.

Reliability is a mixed bag; the Z8 can suffer from electrical issues, while the Mercedes-Benz SL-Class also has its share of problems. The Porsche 911 is generally considered more reliable. Price-wise, the Z8 has appreciated beyond its original MSRP, making it significantly more expensive than a comparable SL500 or 911 from the same era.

Alternatives? The Porsche 911 (996 or 997 generation) offers better handling and potentially greater reliability for similar money (though not the same styling). A later model Mercedes-Benz SL-Class (R230 generation) offers more modern features and comparable luxury, but lacks the Z8's exclusivity.

Ranks #772 Sedan

1 2023 Toyota Camry (5.0★)
2 2023 Honda Accord (0.0★)
3 2023 Lexus ES (0.0★)
4 2024 Subaru Legacy (5.0★)
5 2022 Mazda MX-30 (5.0★)
6 2024 BMW M3 (0.0★)
7 2023 Ford Mustang (5.0★)
8 2023 Mercedes-Benz AMG GT (0.0★)
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★)
772 2001 BMW Z8 (4.0★)

Final Verdict: Is the 2001 BMW Z8 a Good Convertible?

The 2001 BMW Z8 is ideal for collectors and enthusiasts seeking a rare, stylish roadster with a blend of classic design and modern performance. It's worth buying if you appreciate its unique aesthetics, are prepared for potentially high maintenance costs, and view it as an investment. Buying conditions are crucial: prioritize examples with low mileage, complete service records, and minimal modifications. Due to its limited production, “used vs. new” isn’t a factor anymore, and there aren't trims to consider. A well-preserved Z8 can be a rewarding ownership experience, but requires careful selection and ongoing maintenance.

2001 BMW Z8 Owner Reviews

4.73
Consumer Rating, Based on 12 Consumer Reviews
Overall rating
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Twosmalltowns on May 26, 2021

21 years of smiles

Bought it new and love it as much today as day 1. Fun to drive and definitely a crowd pleaser. I still have people wave me down on streets so they can get a close up view and photo.

Was this review helpful?
1
0

Tgo on March 4, 2018

Amazing limited production performance vehicle

I love this vehicle more than any other I have owned. People still come up to me to ask about it the styling and handling are great! The value has gone up in the last few years too!

Was this review helpful?
1
0

Roadster Dude on May 26, 2013

Incredibly Awesome Ride

I've owned more roadsters than I can recall. Everything from MGs and Jags to Alfas, Porches and TVRs. By FAR, my Z8 is the best all around, pure hot and sexy road machine I've ever owned, or driven for that matter. It is clearly one of the prettiest roadsters every built with lines that rival the E-Type Jags. The power is more than enough to get you from zero to Jail in no time at all. I use mine as a dailey driver without regard to the miles I'm racking up. I'm in love and just don't care about or even think about the "next owner". Like my 2nd wife... she's a keeper! Sorry guys! If you're in the market for on of these babies (the Z8 I mean!), then you'll have to look elsewhere 'cause mine ain't now or never "for sale".

Was this review helpful?
1
0

Twosmalltowns on May 26, 2021

21 years of smiles

Bought it new and love it as much today as day 1. Fun to drive and definitely a crowd pleaser. I still have people wave me down on streets so they can get a close up view and photo.

Was this review helpful?
1
0

Tgo on March 4, 2018

Amazing limited production performance vehicle

I love this vehicle more than any other I have owned. People still come up to me to ask about it the styling and handling are great! The value has gone up in the last few years too!

Was this review helpful?
1
0

Roadster Dude on May 26, 2013

Incredibly Awesome Ride

I've owned more roadsters than I can recall. Everything from MGs and Jags to Alfas, Porches and TVRs. By FAR, my Z8 is the best all around, pure hot and sexy road machine I've ever owned, or driven for that matter. It is clearly one of the prettiest roadsters every built with lines that rival the E-Type Jags. The power is more than enough to get you from zero to Jail in no time at all. I use mine as a dailey driver without regard to the miles I'm racking up. I'm in love and just don't care about or even think about the "next owner". Like my 2nd wife... she's a keeper! Sorry guys! If you're in the market for on of these babies (the Z8 I mean!), then you'll have to look elsewhere 'cause mine ain't now or never "for sale".

Was this review helpful?
1
0

Twosmalltowns on May 26, 2021

21 years of smiles

Bought it new and love it as much today as day 1. Fun to drive and definitely a crowd pleaser. I still have people wave me down on streets so they can get a close up view and photo.

Was this review helpful?
1
0

Tgo on March 4, 2018

Amazing limited production performance vehicle

I love this vehicle more than any other I have owned. People still come up to me to ask about it the styling and handling are great! The value has gone up in the last few years too!

Was this review helpful?
1
0

Roadster Dude on May 26, 2013

Incredibly Awesome Ride

I've owned more roadsters than I can recall. Everything from MGs and Jags to Alfas, Porches and TVRs. By FAR, my Z8 is the best all around, pure hot and sexy road machine I've ever owned, or driven for that matter. It is clearly one of the prettiest roadsters every built with lines that rival the E-Type Jags. The power is more than enough to get you from zero to Jail in no time at all. I use mine as a dailey driver without regard to the miles I'm racking up. I'm in love and just don't care about or even think about the "next owner". Like my 2nd wife... she's a keeper! Sorry guys! If you're in the market for on of these babies (the Z8 I mean!), then you'll have to look elsewhere 'cause mine ain't now or never "for sale".

Was this review helpful?
1
0

Twosmalltowns on May 26, 2021

21 years of smiles

Bought it new and love it as much today as day 1. Fun to drive and definitely a crowd pleaser. I still have people wave me down on streets so they can get a close up view and photo.

Was this review helpful?
1
0
Author Image
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.