Bmw 1M prices holding strong!

[Compact]

I have been looking for a. 1M and I have been offered a high spec 1M in VO for sale for 31k but it has got 42,000m on it. I'm not sure what to do ?

[ravi355]

Compact said:

I have been looking for a. 1M and I have been offered a high spec 1M in VO for sale for 31k but it has got 42,000m on it. I'm not sure what to do ?

Providing its been looked after it shouldn't be a problem. I would of thought that mileage is probably motorway mileage and also shows its been used regularly which means it should be fine.

[Compact]

Thanks, Do you think the price is right?

[E30M3SE]

If sub 10K cars are going for circa £40K and more, then imo, yes. I'm sure that others will not agree with me however.

[ravi355]

Compact said:

Thanks, Do you think the price is right?

I'd aim to pay 30, that's a fair price for it.

[FamilyDub]

E30M3SE said:

Let's wait and see what happens to 1M values with the launch of the M235i. My prediction is nothing

^^ concur

E30M3SE said:

M235i... faster ring time (than 1M)

^^ do you think that people really would buy one over the other purely on some arbitrary thing as a 'Ring time? Not being provocative towards you, it sounds that way from some posters on the thread...

[E30M3SE]

Bit of a quoting failure going on.......?

But, I agree with you that some poster do seem to beleve that ring time is the be all and end all.

Edited by E30M3SE on Sunday 20th October 16:13

[FamilyDub]

No, just quoting selectively.

[Carlton Banks]

ravi355 said:

Compact said:

Thanks, Do you think the price is right?

I'd aim to pay 30, that's a fair price for it.

At £32k it is cheap enough - mileage shouldn't be a worry although its higher than average!

[E30M3SE]

FamilyDub said:

No, just quoting selectively.

E30M3SE said:

M235i... faster ring time (than 1M)

? You've lost me on this one......

But anyway.

[sumo69]

Carlton Banks said:

At £32k it is cheap enough - mileage shouldn't be a worry although its higher than average!

Someone at the dealer is reading this - the price has gone up from £31999 to £33999!!!

David

[Carlton Banks]

Great, mine on 20k miles has just gone up by 2k as well.

[RyanK]

Currently have my (near 36k miler) for sale in the classifieds at the moment.

Not sure if it was any of yourselves that called me last week? Unfortunately I was away offshore with work with no access to my phone, came home at the weekend with various voice mails. It would of helped if I mentioned in the advert that email is the best method of contact but I forgot

[JNW1]

sumo69 said:

Carlton Banks said:

At £32k it is cheap enough - mileage shouldn't be a worry although its higher than average!

Someone at the dealer is reading this - the price has gone up from £31999 to £33999!!!

David

So 1M's are now being advertised for more than higher spec, lower mileage, E92 M3's of a similar age? Strange old world but good luck to 1M owners if their cars are making that sort of money!

[Kananga]

Interesting thread.... I've been thinking of selling my 1M but been on the fence as I can't think of a suitable replacement!

What are people's views on value, based on the following:
- Black
- 2011/11 with 6.5k mls
- pretty much every option
- paint protection film on the entire car except for rear bumper and boot lid
- BMW Performance Seats (installed from new by supplying dealer)
- BMW Performance Steering Wheel (v2 with shift lights), also installed from new by supplying dealer

has had running in service on time and I've also had an oil change carried out (not necessary but just wanted to keep it in top condition).

Any thoughts on value ?

[janahan9]

Kananga said:

Interesting thread.... I've been thinking of selling my 1M but been on the fence as I can't think of a suitable replacement!

What are people's views on value, based on the following:
- Black
- 2011/11 with 6.5k mls
- pretty much every option
- paint protection film on the entire car except for rear bumper and boot lid
- BMW Performance Seats (installed from new by supplying dealer)
- BMW Performance Steering Wheel (v2 with shift lights), also installed from new by supplying dealer

has had running in service on time and I've also had an oil change carried out (not necessary but just wanted to keep it in top condition).

Any thoughts on value ?

If you have the original seats, you'd be better off selling the performance seats and the steering wheel separately.You'd probably get around £2700 for those items. Then you should be able to get around 38/39k for your car, going on similar cars on PH.

[Kananga]

janahan9 said:

If you have the original seats, you'd be better off selling the performance seats and the steering wheel separately.You'd probably get around £2700 for those items. Then you should be able to get around 38/39k for your car, going on similar cars on PH.

thanks for the feedback - seems a shame to split the parts but i take your point.

Have the original seats, so maybe that is the way forward!

[janahan9]

Kananga said:

thanks for the feedback - seems a shame to split the parts but i take your point.

Have the original seats, so maybe that is the way forward!

No problem. It is a shame to split the parts- but I imagine it would be easier to sell the car at 38/39k than 41/42k.I have the same steering wheel and really love it,even if it is a bit geeky

[as7920]

Values just gone up.

Found out my 1M (that I sold back in May) has been written off and scrapped.

400 registrations as @ end Q2 2013 (389 licensed and 11 SORN)
412 registrations as @ end Q2 2012 (407 licensed and 7 SORN)

Guess a few others are getting written off

[FamilyDub]

as7920 said:

Values just gone up.

Found out my 1M (that I sold back in May) has been written off and scrapped.

400 registrations as @ end Q2 2013 (389 licensed and 11 SORN)
412 registrations as @ end Q2 2012 (407 licensed and 7 SORN)

Guess a few others are getting written off

I'd expect some to have been exported to other RHD places (Oz/NZ/etc)? So maybe not on UK roads any more, but still alive (hopefully)?