Bmw 1M prices holding strong!

Bmw 1M prices holding strong!

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Discussion

aussieinlondon

660 posts

220 months

Thursday 31st October 2013
quotequote all
ChrisBuer said:
Completely disagree. It's not the engine that's important, it's the whole package. The 1M is a riot of a car to drive, a real occasion every time you get in it. I've driven the E92 M3 and the E46 M3 and whilst they are great cars, I get more fun out of driving my 1M. Part if what makes the 1M special is the stonking torque and in gear shunt you get in a small(ish) car. It's laugh out loud funny and part of the appeal.

People on here get too up tight about BMW moving away from NA engines. It's not the be all and end all smile
Completely agree, but then haters will be haters biggrin

But hey, we know a good thing every time we get behind the wheel driving

Panda P

247 posts

137 months

Thursday 31st October 2013
quotequote all
I see a lot of defensiveness regarding the value of the 1M. I think perhaps it would be most fruitful to forget about the value and focus more on the pleasure that the car gives you. The 1M was never made to be a 'status' car so, do you really care whether in 2yrs you can cash back your £40k? I'm more concerned that within that period that I had as much fun with the car as possible, regardless whether it's worth £20k, I just don't care.

You forget that the 1M is the only car of it's kind in the line-up right now (well sorted small coupe) so of course prices are holding strong. However, not everone is a Pistonhead so when the time comes to choose between an 'old' £40k car vs a new M235i for not a lot more £££ or even an M4 on a good finance deal, those people will focus their wallet in that direction. Demand will drop.

Time to be realistic, the 1M will not forever stay at £40k. I do not believe it to be on par with the M3 CSL as it is, for all intents and purposes, an M3/135i parts bin car. Is it fun? Yes. Can the thrills be replicated for cheaper without the endless worry about your investement? Yes - introducing the BMW 135i where virtually all 1M/M3 suspension components are interchangeable and at reasonable prices. Throw in a Quaife unit to save subframe, prop and axle headaches and you've got one hell of an N54 135i for £16-£20k depending on the original car spec/milege/condition to begin with. Hell, if the 1M body means that much to you then even the body conversion is cheap enough smile.


Edited by Panda P on Thursday 31st October 14:55

Mermaid

21,492 posts

172 months

Thursday 31st October 2013
quotequote all
Panda P said:
I see a lot of defensiveness regarding the value of the 1M. I think perhaps it would be most fruitful to forget about the value and focus more on the pleasure that the car gives you. The 1M was never made to be a 'status' car so, do you really care whether in 2yrs you can cash back your £40k? I'm more concerned that within that period that I had as much fun with the car as possible, regardless whether it's worth £20k, I just don't care.

You forget that the 1M is the only car of it's kind in the line-up right now (well sorted small coupe) so of course prices are holding strong. However, not everone is a Pistonhead so when the time comes to choose between an 'old' £40k car vs a new M235i for not a lot more £££ or even an M4 on a good finance deal, those people will focus their wallet in that direction. Demand will drop.

Time to be realistic, the 1M will not forever stay at £40k. I do not believe it to be on par with the M3 CSL as it is, for all intents and purposes, an M3/135i parts bin car. Is it fun? Yes. Can the thrills be replicated for cheaper without the endless worry about your investement? Yes - introducing the BMW 135i where virtually all 1M/M3 suspension components are interchangeable and at reasonable prices. Throw in a Quaife unit to save subframe, prop and axle headaches and you've got one hell of an N54 135i for £16-£20k depending on the original car spec/milege/condition to begin with. Hell, if the 1M body means that much to you then even the body conversion is cheap enough smile.
I agree, the 1M package is easy to replica - however it was the 1st & has Kudos for being that. Nice car (not a hater smile), but not classic/investment potential.

V8A*ndy

3,695 posts

192 months

Thursday 31st October 2013
quotequote all
Mermaid said:
Panda P said:
I see a lot of defensiveness regarding the value of the 1M. I think perhaps it would be most fruitful to forget about the value and focus more on the pleasure that the car gives you. The 1M was never made to be a 'status' car so, do you really care whether in 2yrs you can cash back your £40k? I'm more concerned that within that period that I had as much fun with the car as possible, regardless whether it's worth £20k, I just don't care.

You forget that the 1M is the only car of it's kind in the line-up right now (well sorted small coupe) so of course prices are holding strong. However, not everone is a Pistonhead so when the time comes to choose between an 'old' £40k car vs a new M235i for not a lot more £££ or even an M4 on a good finance deal, those people will focus their wallet in that direction. Demand will drop.

Time to be realistic, the 1M will not forever stay at £40k. I do not believe it to be on par with the M3 CSL as it is, for all intents and purposes, an M3/135i parts bin car. Is it fun? Yes. Can the thrills be replicated for cheaper without the endless worry about your investement? Yes - introducing the BMW 135i where virtually all 1M/M3 suspension components are interchangeable and at reasonable prices. Throw in a Quaife unit to save subframe, prop and axle headaches and you've got one hell of an N54 135i for £16-£20k depending on the original car spec/milege/condition to begin with. Hell, if the 1M body means that much to you then even the body conversion is cheap enough smile.
I agree, the 1M package is easy to replica - however it was the 1st & has Kudos for being that. Nice car (not a hater smile), but not classic/investment potential.
Values don't worry me as I have already stated.

The wife will never sell hers so it doesn't matter to us. She has already went out and bought a car for the winter.

The 1M is a very special car we are very lucky to own this because no matter what anyone says the 1M will never be repeated. Nor will there ever be another like it.

Yeah sure maybe BMW might bring out an M2 that's even better but it won't dent the rarity of this car and it certainly won't be like the 1M.

What other recent car under 100k has achieved the status and stellar praise never mind holding (and some cases raised) it's value after two plus years of it's release.

Try and buy one in the states, they have already doubled in value but that's because they are extremely rare out there.

But whilst others may care I don't. We have one and it's fking brilliant.

Sorry for long winded whiny post but the wife and I have had more fun in that car than any other and for two petrol like us you can't put a price on that.

fk residuals the 1M will always be epic!

Edited by V8A*ndy on Thursday 31st October 18:41

Yellowcab

254 posts

222 months

Thursday 31st October 2013
quotequote all
Mermaid said:
I agree, the 1M package is easy to replica - however it was the 1st & has Kudos for being that. Nice car (not a hater smile), but not classic/investment potential.
In your opinion why is it not classic/investment potential then?

Mermaid

21,492 posts

172 months

Thursday 31st October 2013
quotequote all
Yellowcab said:
Mermaid said:
I agree, the 1M package is easy to replica - however it was the 1st & has Kudos for being that. Nice car (not a hater smile), but not classic/investment potential.
In your opinion why is it not classic/investment potential then?
Let me ask you - you have a fine 1M example, probably the best there is. If you were offered another one for £40k ( & you had spare cash available) would you buy one more?

Mr Bimmer

283 posts

165 months

Thursday 31st October 2013
quotequote all
Question

Apart from the flares, Were any major parts at all developed specifically for the 1M?

£30k in USA http://www.ebay.com/itm/BMW-1-Series-2dr-Cpe-1-m-6...

Kananga

1,100 posts

157 months

Friday 1st November 2013
quotequote all
Lots of interesting views...

New buyer (lucky sod) picked up mine yesterday. As he drove off, I realised it may have been a huge mistake.

I've had a few toys over the years, but the only two cars that have made me laugh out loud whilst driving (out of sheer fun/enjoyment) are the 1M and my friend's F360CS, which he was kind enough to let me drive.

Imho the closest car in the BMW stable from the last decade is the E46 CSL and I was lucky to have both for awhile, before I realised that I ended up picking the keys for the 1M four times out of five. Don't get me wrong, I think the CSL is a great car, but for its breadth of usability/performance/etc, I don't think there is anything out there that matches the 1M.

Never been as gutted to see one of the toys go, and sincerely hope to be back in be one soon. frown


Kananga

1,100 posts

157 months

Friday 1st November 2013
quotequote all
PKZ4M said:
Seat swaps can be a pain. I had a mini JCW a few years back and the coding went wrong at the dealer, and I ended up needing a new stereo under warranty!

I now have a 1M that I feel will be a long term keeper. Steering wheel upgrade sounds good.... How much was it?
Agree, seat swap would be a hassle. The steering wheel upgrade was c.£900 from memory.

janahan9

122 posts

148 months

Friday 1st November 2013
quotequote all
Mr Bimmer said:
Question

Apart from the flares, Were any major parts at all developed specifically for the 1M?

£30k in USA http://www.ebay.com/itm/BMW-1-Series-2dr-Cpe-1-m-6...
That's for a previously smashed up and reparied one smile

Yellowcab

254 posts

222 months

Friday 1st November 2013
quotequote all
Mermaid said:
Let me ask you - you have a fine 1M example, probably the best there is. If you were offered another one for £40k ( & you had spare cash available) would you buy one more?
I see your point and no I probably wouldnt as I can't be sure it will appreciate in the future and I'm not a gambling man. If I was 100% sure then yes I would. It's just my opinion long term that I think they could be a good investment.

Mermaid

21,492 posts

172 months

Friday 1st November 2013
quotequote all
Yellowcab said:
Mermaid said:
Let me ask you - you have a fine 1M example, probably the best there is. If you were offered another one for £40k ( & you had spare cash available) would you buy one more?
I see your point and no I probably wouldnt as I can't be sure it will appreciate in the future and I'm not a gambling man. If I was 100% sure then yes I would. It's just my opinion long term that I think they could be a good investment.
Fair comment. As Kananga mentions, and you have alluded to, a 1M + a CSL would be a better pair if you wanted 2 cars to enjoy/invest in (or a 1M + 996.1 GT3).
2 CSL's if "investment" is main objective. smile

BradleyA

324 posts

213 months

Friday 1st November 2013
quotequote all
Panda P said:
I see a lot of defensiveness regarding the value of the 1M. I think perhaps it would be most fruitful to forget about the value and focus more on the pleasure that the car gives you. The 1M was never made to be a 'status' car so, do you really care whether in 2yrs you can cash back your £40k? I'm more concerned that within that period that I had as much fun with the car as possible, regardless whether it's worth £20k, I just don't care.

You forget that the 1M is the only car of it's kind in the line-up right now (well sorted small coupe) so of course prices are holding strong. However, not everone is a Pistonhead so when the time comes to choose between an 'old' £40k car vs a new M235i for not a lot more £££ or even an M4 on a good finance deal, those people will focus their wallet in that direction. Demand will drop.

Time to be realistic, the 1M will not forever stay at £40k. I do not believe it to be on par with the M3 CSL as it is, for all intents and purposes, an M3/135i parts bin car. Is it fun? Yes. Can the thrills be replicated for cheaper without the endless worry about your investement? Yes - introducing the BMW 135i where virtually all 1M/M3 suspension components are interchangeable and at reasonable prices. Throw in a Quaife unit to save subframe, prop and axle headaches and you've got one hell of an N54 135i for £16-£20k depending on the original car spec/milege/condition to begin with. Hell, if the 1M body means that much to you then even the body conversion is cheap enough smile.


Edited by Panda P on Thursday 31st October 14:55
99% of the people in this world will NEVER modify their car and it want it "out of the box" Like the 1M is.

The fact remains the 1M out of the box is as good as it gets (like the CSL is) and that’s where the appeal is.

I have thought about selling mine (the wifes) many many times but in reality i can’t think of anything else that can do what it does for what it costs, there is nothing even close.

Our car gets used daily, all year round, it’s the school run car, the shopping car and takes everything we throw at it, its also bloody good at beating CSL’s too.

http://youtu.be/7cF5QJXI7w0

Leins

9,468 posts

149 months

Friday 1st November 2013
quotequote all
I'm a massive fan of these cars, and if finances allowed there would be one in the garage, but not at the cost of having to sell the CSL. And I know exactly where V8Andy is coming from on this (I've been in his car and it's a beaut)

For me the 1M is the most exciting thing to come out of Munich for many a year, and I include the M3 GTS in that as I'm not really an E92 fan. The line of heritage in recent decades goes E30 M3 SE -> E36 M3 GT Coupe (LHD) -> E46 CSL -> 1M as far as I'm concerned. That doesn't mean I'm saying the car is a replacement for the CSL from a technical point of view, as they seem to have very different characters, but just that it's the most desirable car that BMW makes at that timepoint for me


BradleyA said:
99% of the people in this world will NEVER modify their car and it want it "out of the box" Like the 1M is.

The fact remains the 1M out of the box is as good as it gets (like the CSL is) and that’s where the appeal is.

I have thought about selling mine (the wifes) many many times but in reality i can’t think of anything else that can do what it does for what it costs, there is nothing even close.

Our car gets used daily, all year round, it’s the school run car, the shopping car and takes everything we throw at it, its also bloody good at beating CSL’s too.

http://youtu.be/7cF5QJXI7w0
Not much in it, but on the 'Bahn I found the CSL had the legs on the 1M marginally. Straight line speed wouldn't really be the reason I'd want either of these cars though

aussieinlondon

660 posts

220 months

Friday 1st November 2013
quotequote all
Leins said:
Not much in it, but on the 'Bahn I found the CSL had the legs on the 1M marginally. Straight line speed wouldn't really be the reason I'd want either of these cars though
The CSL sure does have much better aerodynamics than the 1M when in the upper speed territory, something like a greyhound vs a bulldog biggrin



As for me, no comparisons. I wouldn't for a min compare the CSL and the 1M. Both great cars and do their respective objectives well, and I for sure would have both sharing my garage...The perfect double combo to own!

Mermaid

21,492 posts

172 months

Friday 1st November 2013
quotequote all
aussieinlondon said:
The CSL sure does have much better aerodynamics than the 1M when in the upper speed territory, something like a greyhound vs a bulldog biggrin

& the longer chassis helps stability.

Tinker06

52 posts

183 months

Friday 1st November 2013
quotequote all
Kananga said:
Lots of interesting views...

New buyer (lucky sod) picked up mine yesterday. As he drove off, I realised it may have been a huge mistake.

I've had a few toys over the years, but the only two cars that have made me laugh out loud whilst driving (out of sheer fun/enjoyment) are the 1M and my friend's F360CS, which he was kind enough to let me drive.

Imho the closest car in the BMW stable from the last decade is the E46 CSL and I was lucky to have both for awhile, before I realised that I ended up picking the keys for the 1M four times out of five. Don't get me wrong, I think the CSL is a great car, but for its breadth of usability/performance/etc, I don't think there is anything out there that matches the 1M.

Never been as gutted to see one of the toys go, and sincerely hope to be back in be one soon. frown
I'll post some pictures up soon to remind you.... :-)


PKZ4M

184 posts

149 months

Friday 1st November 2013
quotequote all
Kananga said:
PKZ4M said:
Seat swaps can be a pain. I had a mini JCW a few years back and the coding went wrong at the dealer, and I ended up needing a new stereo under warranty!

I now have a 1M that I feel will be a long term keeper. Steering wheel upgrade sounds good.... How much was it?
Agree, seat swap would be a hassle. The steering wheel upgrade was c.£900 from memory.
Thanks.... Not sure I can justify 900 quid on a new s/wheel..... Just yet...... Does look good though....

ChrisBuer

628 posts

226 months

Friday 1st November 2013
quotequote all
PKZ4M said:
Kananga said:
PKZ4M said:
Seat swaps can be a pain. I had a mini JCW a few years back and the coding went wrong at the dealer, and I ended up needing a new stereo under warranty!

I now have a 1M that I feel will be a long term keeper. Steering wheel upgrade sounds good.... How much was it?
Agree, seat swap would be a hassle. The steering wheel upgrade was c.£900 from memory.
Thanks.... Not sure I can justify 900 quid on a new s/wheel..... Just yet...... Does look good though....
I have the BMW Performance alcantara wheel on my car and it didn't cost me £900. It was more like £500 from memory.

PKZ4M

184 posts

149 months

Friday 1st November 2013
quotequote all
ChrisBuer said:
I have the BMW Performance alcantara wheel on my car and it didn't cost me £900. It was more like £500 from memory.
Is that the one with the rev lights?