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RAW DEAL - E86 bmw z4 M Coupe Review

Ken Pearson gets behind the wheel of the last naturally aspirated straight-six M car, taking on all conditions in the Welsh Valleys and mountains.

Published on 24th October 2025

Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine
BMW Z4 M Coupé Review | RUSH Magazine

Raw Deal: BMW Z4 M Coupé Review

Ken Pearson gets behind the wheel of the last naturally aspirated straight-six M car, taking on all conditions in the Welsh Valleys and mountains

Raw Deal - BMW Z4 M Coupe Review

Ken Pearson gets behind the wheel of the last naturally aspirated straight-six M car, taking on all conditions in the Welsh Valleys and mountains

I

It surges towards the 8,000rpm red line as though it's half an hour late for its own wedding, the soundtrack equal parts metallic rasp and intake bark. Between each crescendo sits a short-throw shifter that's a joy to operate. Six cylinders up front, four exhaust pipes at the rear, and zero turbochargers in-between – it's the classic M Division recipe.


Yet despite sharing its S54 engine and GKN mechanical limited-slip differential with the E46 M3, the Z4 M has never achieved icon status. Only 3,041 E85 roadsters and 1,815 E86 coupés were built between 2006 and 2008, a production run bookended by E46 and E92 M3s. The original Z3 M coupé established the shooting brake silhouette as desirable, but by the time the Z4 M arrived, Mercedes-Benz had already been selling the V8-powered SLK 55 AMG for a year, which combined both roadster and coupé into one package with none of the drawbacks. Critics called the mid-engined Porsche Cayman purer. From almost every angle, the Z4 M was overshadowed.


Two decades later however, the little Bavarian hot-rod makes a compelling case for itself. The assumption has always been that it's flawed compared to its saloon-based sibling. What's less well known is that the E86 platform sidesteps nearly all the E46's notorious flaws – the cracking subframes, the rust-magnet arches – and avoids the SMG minefield entirely. Under its long bonnet sits the later specification S54, meaning VANOS issues and rod bearing failure are less of a concern. Add rarity to the equation, and the Z4 M becomes the more sensible modern classic candidate.

AUTHOR

ken line art

Deputy Editor

Published on:

24th October 2025

OUR PRINT MAGAZINE

RUSH XP1 TEASER-10-edited
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine

D

For many, the crux of the issue has always been the rear axle, and your proximity to it. It’s true, the driving position is decidedly rearward, placing me what feels like millimetres ahead of the driven wheels, and on the move I'm receiving unfiltered compressions and rebounds from the suspension. But this proximity also means I can feel the LSD getting to work. A noticeable vectoring of torque accompanies a full-throttle march through an uphill left-hander, before returning to an even split as I crest the brow and the road straightens. Pre-drive, I'd been warned of a lively rear axle, but it presents itself as active, engaged, and ready to be leant on.


You may have noticed the car sports a set of popular CSL-replicas, and while the current owner has wisely kept the factory 18-inch dimensions rather than going up to 19s, the previous owner fitted Eibach 20mm lowering springs. The compromise  shows on undulating surfaces, where the OEM dampers reach their bump stops abruptly. Repeated compressions can even trigger the stability control, though when it does intervene, power is bled off smoothly rather than shutting down the injectors wholesale like an AMG of the same vintage.

BMW Z4 M Coupé Review | RUSH Magazine

D

Despite such challenges, the wider contact patch at the rear ensures traction is maintained diligently on smooth tarmac when under load, and in the wet. Part of this is down to the modern Michelin Pilot Sport 4 tyres, but the electronics again provide a layer of reliable trust: you could confidently send the throttle pedal to the bulkhead and let the DSC handle things.

 

But doing so would deny you the immediacy of the throttle response and the way it feels like you can meter out each individual horsepower. There’s a sport button switching this response from linear to binary. My preference is for the standard mode as this feels more natural, better suiting my driving style of feeding in the power rather than stamping on the schnell pedal.


The tractability of the S54 is deeply impressive. Starting from the lower rungs of the rev range, the torque builds smoothly, rising to its 269lb-ft peak at 4,900rpm, but at this point the engine lights its afterburners. The rapidly rotating needle blurs as it shoots towards the red line, delivering 338bhp just shy of the limiter. While there’s ample torque to lean on below 4,000rpm, the S54 revels in the latter half of its rev range. As with all German cars designed with Autobahn use in mind, the gearing is relatively long, with 62mph arriving in second, and third geared to 106. However, the power-to-weight ratio of 226bhp/tonne makes short work of sprinting through the ratios.

Z4 M emits a deeper and more voluminous noise than the E46 M3 thanks to a different exhaust system with increased back pressure, eliminating the infamous tinny timbre

Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine

D

The gearbox itself is unique to the model, as the Getrag unit from the M3 wouldn’t fit within the tighter confines of the Z4 M’s chassis. The six-speed ‘box was instead sourced from ZF, yet the feel of the stubby shifter and the firm clutch pedal could only be found in a BMW, rewarding deliberate, firm inputs across the gate.


Making swift cross-country progress is what this car was born to do, with a truly scintillating soundtrack egging you on. While there’s four exhaust outlets on the rear bumper, it sounds like a fifth could be lurking underneath the dashboard, such is the proximity of the manifold to the bulkhead. It can be a quiet and refined environment at a cruise, but with full power called upon, the cabin becomes an amphitheatre hosting a straight-six orchestra. In stark contrast to the programmed – and often synthesised – pops from the exhaust systems of new performance cars, the cracks on overrun are unpredictable and a pleasant surprise when they present themselves.


However, the Z4 M is about as authentic as it gets with its mechanical feedback - even the elements that leave room on the table for improvement. The brakes bite like a piranha, but the discs and pads are in need of replacement, and the force distribution feels uneven if an axle gets the slightest bit light. Likewise the lowered suspension can cause your passenger to experience sea sickness on dry land, but with a wheel to hold onto there are no such feelings of queasiness in the drivers’ seat.

Cabin is as snug as the gearlever is stubby. Seats grip well, although ivory leather doesn't mask ageing as well as other shades

Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine
"It all comes together in a raucous harmony as I get on the power early, letting the LSD precisely distribute the power and catapult me out of corners"
BM BMW Z4M-48_edited.jpg

D

I can understand the rear-set driving position being a deal-breaker to some. However, my formative years of driving were at the helm of a Mercedes-Benz SLK350, so being placed in the latter third of the chassis today feels like I’ve come home. The narrow windscreen results in a focused view of the long bonnet that reminds me of the Nissan 350Z, but the low roof and cocooned cabin are noticeably tighter than either of my two reference models. Unusually for a BMW, there are ergonomic niggles too – the enormous blind spots created by the sloping roof line, the daft placement of the cup holders, and the door card-mounted armrests being at a 45-degree angle.


But that’s just nitpicking. Underscoring the driving experience is the steering, and the hardware represents another carry-over from the E46. While the standard Z4 used an electric power steering system, the M’s engineers insisted on the hydraulic set-up as used in the M3 CSL. It’s not as quick to turn as a pondskater, the rack is both progressive and intuitive, if slightly devoid of the sharpest details in its feedback. Crucially, it’s consistent, and the weighting is naturally – but not excessively – heavy at low and high speeds alike. The predictable nature of the steering means trust is quickly built up with the leather-trimmed wheel, even as the heavens continue to open in the Welsh Valleys.

Modern tyres - in this case Pilot Sport 4 - help calm a rear axle that's gained a reputation for wayward bahaviour

BMW Z4 M Coupé Review | RUSH Magazine

"It all comes together in a raucous harmony as I get on the power early, letting the LSD precisely distribute the power and catapult me out of corners"

BMW Z4 M Coupé Review | RUSH Magazine

TOP: Smooth, sweeping roads bring out the best in the car.

RIGHT: Coupe almost twice as stiff as the roadster both in terms of torsional rigidity and spring rate.

BOTTOM RIGHT: The famous M tricolour - will the Z4 prove worthy?

BELOW: Steering ditch EPAS for M3 CSL rack.

LEFT: Speaking of the CSL, a set of replicas applies the chef's kiss to what could be Bangle's best work.

"It all comes together in a raucous harmony as get on the power early, letting the LSD precisely distribute the power and catapult me out of corners"

BMW Z4 M Coupé Review | RUSH Magazine
BMW Z4 M Coupé Review | RUSH Magazine
BMW Z4 M Coupé Review | RUSH Magazine
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine

D

The best way to learn how a car behaves is to drive it in the wet – and this is something I enjoy greatly. Reduced grip means that one has to be hyper-aware of the minute movements from each corner, how the car maintains or loses traction when driving through standing water, and how to ensure decisive cornering without falling into the undesirable trap of understeer.

 

Thankfully, the Michelins are consistent in nearly all conditions, and the Z4 M is unfazed by the demand to progress swiftly towards drier tarmac.


With the sun above, no moisture below the treadblocks and clear roads ahead, the learnings during the morning’s monsoon pay dividends. The fast, flowing roads criss-crossing the Brecon Beacons are the perfect place to explore this car’s abilities, and it feels at home in the faster sweeping bends rather than continual switchbacks.

 

Controlling the car’s trajectory simply becomes second nature, as I know that I can rely on it to faithfully translate my steering inputs into precise movements. As such, the focus shifts away from the front wheels, and back to the rev-hungry engine sending its force to those behind me.

Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine

D

It all comes together in a raucous harmony as I know to get on the power early, let the LSD precisely distribute the power and catapult me out of corners. The needles rise rapidly, and when one reaches the end of its road, a firm press of the clutch pedal precludes a short throw of the shifter from one ratio to the next. Gently blending the power back in ensures a smooth gear change, before returning the throttle to the floor and hearing the signature screech of the straight-six reach its crescendo once more. It’s magnificently moreish, and I relish the chances to work my way back up through the rev range after each brisk transit through a twisty section.


The dry conditions for my final stint allow me to get the best out of the car, and it rewards my faith in its abilities. Put simply, the Z4 M Coupé is fast, engaging, balanced, and communicative in equal measure. 


I don't want the day to end, but end it does with me falling hard for the Z4 M Coupé. In many ways, the E86 has become the perfect modern classic: classic in specification, yet modern in execution. Two decades on, the last naturally aspirated straight-six M car deserves its time in the spotlight.

BMW Z4 M Coupé Review | RUSH Magazine
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine

E86 BMW Z4 M Coupe Stats, Performance and RUSH Radar

Engine

Inline-6 (S54B32), DOHC, 24 valves,
Double-VANOS; individual throttle bodies
Displacement (cc): 3246
Bore × stroke (mm): 87.0 × 91.0
Compression ratio: 11.5:1
Max power (PS/kW): 343 / 252 @ 7900rpm
Max torque (Nm/lb-ft): 365 / 269 @ 4900rpm

Transmission

6-speed manual
Variable M mechanical limited-slip differential

Brakes

Front: Single-piston floating callipers on 345×28 mm ventilated discs

Rear: Single-piston floating callipers on 328×20 mm ventilated discs

Steering

Rack-and-pinion hydraulic power steering

Tyres (factory)

Front tyre: 225/45 ZR18
Rear tyre: 255/40 ZR18
Front wheel: 8J × 18 (Style 224M)
Rear wheel: 9J × 18 (Style 224M)

Chassis Layout

Front-engine, rear-wheel drive

 

Suspension & Dimensions

Front: MacPherson strut
Rear: Multi-link BMW 'Z' axle
Front track: 1486mm
Rear track: 1516mm
Wheelbase: 2497mm
Length × width × height: 4113 × 1781 × 1287mm

Weight

Kerb weight (EU unladen): 1495kg
Weight distribution (unladen): 50.2% front / 49.8% rear (US brochure)
Power-to-weight: approx. 226bhp/ton
Torque-to-weight: approx. 180lb-ft/ton

Performance

0–62mph: 5.0s (manufacturer)
Top speed: 155mph (electronically limited)
50–75mph in 4th: 5.0s (manufacturer)
Quarter mile: 13.4s @ 105mph (Car and Driver test)

RUSH RADAR

Clockwise from top:

Steering - feedback & responses

Drivetrain - throttle response, power delivery

Performance

Value - running costs & residuals

Chassis & Handling Balance

Ride & damping

Engine

Inline-6 (S54B32), DOHC, 24 valves,
Double-VANOS; individual throttle bodies
Displacement (cc): 3246
Bore × stroke (mm): 87.0 × 91.0
Compression ratio: 11.5:1
Max power (PS/kW): 343 / 252 @ 7900rpm
Max torque (Nm/lb-ft): 365 / 269 @ 4900rpm

Transmission

6-speed manual
Variable M mechanical limited-slip differential

Brakes

Front: Single-piston floating callipers on 345×28 mm ventilated discs

Rear: Single-piston floating callipers on 328×20 mm ventilated discs

Steering

Rack-and-pinion hydraulic power steering

Tyres (factory)

Front tyre: 225/45 ZR18
Rear tyre: 255/40 ZR18
Front wheel: 8J × 18 (Style 224M)
Rear wheel: 9J × 18 (Style 224M)

RUSH RADAR

Steering - feedback & responses

Drivetrain - throttle response, power delivery

Performance

Value - running costs & residuals

Chassis & Handling Balance

Ride & damping

Chassis Layout

Front-engine, rear-wheel drive

 

Suspension & Dimensions

Front: MacPherson strut
Rear: Multi-link BMW 'Z' axle
Front track: 1486mm
Rear track: 1516mm
Wheelbase: 2497mm
Length × width × height: 4113 × 1781 × 1287mm

Weight

Kerb weight (EU unladen): 1495kg
Weight distribution (unladen): 50.2% front / 49.8% rear (US brochure)
Power-to-weight: approx. 226bhp/ton
Torque-to-weight: approx. 180lb-ft/ton

Performance

0–62mph: 5.0s (manufacturer)
Top speed: 155mph (electronically limited)
50–75mph in 4th: 5.0s (manufacturer)
Quarter mile: 13.4s @ 105mph (Car and Driver test)

BMW Z4 M Coupé Review | RUSH Magazine
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine
Raw Deal: BMW Z4 M Coupé Review | RUSH Magazine

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