Bmw 1M prices holding strong!

Bmw 1M prices holding strong!

Author
Discussion

Mermaid

21,492 posts

171 months

Friday 27th December 2013
quotequote all
Raptor222 said:
These pesky 1M's are still holding up strong price-wise it seems..
Agreed, but it does not get better than this IMO smile

shavenhaven

465 posts

135 months

Tuesday 28th January 2014
quotequote all
They don't come with lower miles than this! A mere 8 miles... £48k. http://www.approved.bmw.co.uk/bmwuk/bmwauc/details...








safferboylondon

Original Poster:

22 posts

132 months

Tuesday 28th January 2014
quotequote all
It is fully loaded as well!

Raptor222

47 posts

133 months

Wednesday 29th January 2014
quotequote all
Strong rumours now that the M2 will feature a four cylinder turbo engine and arrive sept 2016. That wont impact 1M prices too much unless they restrict sales. Enjoy your cars..

Upturn666

35 posts

133 months

Wednesday 29th January 2014
quotequote all
I have one and love it. Its good to see prices holding but £48K, thats ridiculous.

Mermaid

21,492 posts

171 months

Wednesday 29th January 2014
quotequote all
Upturn666 said:
I have one and love it. Its good to see prices holding but £48K, thats ridiculous.
Impressive, but not going any higher

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

Tim330

1,128 posts

212 months

Wednesday 29th January 2014
quotequote all
shavenhaven said:
They don't come with lower miles than this! A mere 8 miles... £48k. http://www.approved.bmw.co.uk/bmwuk/bmwauc/details...
The dealer won't like letting it out for a test drive. You could easily double the mileage.

Leins

9,457 posts

148 months

Wednesday 29th January 2014
quotequote all
Tim330 said:
The dealer won't like letting it out for a test drive. You could easily double the mileage.
If they drive it back in reverse it'll be fine

V8A*ndy

3,695 posts

191 months

Wednesday 29th January 2014
quotequote all
Mermaid said:
Upturn666 said:
I have one and love it. Its good to see prices holding but £48K, thats ridiculous.
Impressive, but not going any higher

http://www.pistonheads.com/gassing/topic.asp?h=0&a...
Lets see, an article with an attention grabbing headline then filled with rumour and speculation.

PHs is really going downhill these days.

Babw

889 posts

146 months

Saturday 8th November 2014
quotequote all
Prices still seem to be holding pretty strong.

There's plenty of talk about CSL prices rising but they have still a long way to go before they reach their original retail price where as the 1M has barely deviated 10% from their original price from 3 years ago.

Is that the sign of a better car or a different market/time? I remember CSL's available with big discounts at dealers back in 2003, dealers were struggling to move them.

E30M3SE

8,467 posts

196 months

chrisABP

1,112 posts

148 months

Thursday 13th November 2014
quotequote all
I loved my 1M for the two years I owned it and it even made me smile the day it sold as it was for £5k more than I paid for it!

Purchased at 6 months old and 5,300 miles for £37,500, driven every day for two years and sold with 14,000 miles to a BMW main agent in July for £42,500!

Great fun and proved to be a great investment too! Will it see £50k plus......only time will tell

Now loving its replacement - 997 GTS Carrera 2 PDK

Chris

Edited by chrisABP on Saturday 15th November 09:23

greygoose

8,254 posts

195 months

Thursday 13th November 2014
quotequote all
E30M3SE said:
It looks great but I can never see the point in having such a car and never driving it.

Tinker06

52 posts

182 months

Friday 14th November 2014
quotequote all
They are cracking and the best ones seem to be holding up well too...
http://www.munichlegends.co.uk/component/option,co...

Gruber

6,313 posts

214 months

Tuesday 17th March 2015
quotequote all
Apologies for a thread resurrection, but...

I'm feeling mighty tempted to get a 1M. Prices seem to be in the £36-44k bracket, depending on miles etc. They still look ace and I keep watching the old Evo, Autocar and Top Gear reviews with a growing longing to own one.

What's the current thinking on how solid values are going to be over the next couple of years? A big plunge when the M2 lands or will the 1M continue to hold firm?

And there seem to be a few around in the AUC network. Do they seem to be hanging around or is there an active market?

I know it's all crystal-ball-gazing stuff, but I'd like to be able to run one for a couple of years without losing a shed-load of cash. Do-able?!

greygoose

8,254 posts

195 months

Wednesday 18th March 2015
quotequote all
I don't think the M2 will be limited in numbers like the 1M so they would probably depreciate more, it depends how similar the M2 is, if it is quite raw like the 1M then it may harm residuals but recent M cars seem to be a bit softer.

Gruber

6,313 posts

214 months

Wednesday 18th March 2015
quotequote all
So do we think the 1M will retain a "cult classic" sort of appeal?

Has anyone been closely watching the market? Any sense of a softening?

Lost soul

8,712 posts

182 months

Wednesday 18th March 2015
quotequote all
Gruber said:
What's the current thinking on how solid values are going to be over the next couple of years? A big plunge when the M2 lands or will the 1M continue to hold firm?
I doubt the 2M will knock the 1M's value , to me the 1M was/is a special and limited not a general run production car as the 2M will probably turn out to be

BradleyA

324 posts

212 months

Friday 20th March 2015
quotequote all
I am pretty confident that the 1M prices will go one way and thats up, it is up there with the CSL without a doubt.

The E46 CSL prices are going sky high, given time the 1M will be the same,BMW have no plans to do another limited run car like the 1M as its just not cost effective for them, the 1M was the flagship to show what could be done.

Speaking to a few classic/Sports car investors lately the likes of the E46 CSL and 1M is two cars mentioned to buy and keep a hold of.

I would bet that the CSL itself with low miles will be £80K+ in 5 years (look at the E30 M3 evo's)

A 1M with sub 30k mile car is still holding very very strong at £40k at 3 years old.



EricE

1,945 posts

129 months

Friday 20th March 2015
quotequote all
BradleyA said:
I am pretty confident that the 1M prices will go one way and thats up, it is up there with the CSL without a doubt.

The E46 CSL prices are going sky high, given time the 1M will be the same,BMW have no plans to do another limited run car like the 1M as its just not cost effective for them, the 1M was the flagship to show what could be done.
Almost true — BMW group design director said there's something special coming next year, either a M2 CSL or M4 CSL:

http://www.bmwblog.com/2015/03/19/e30-m3-to-inspir...

article said:
Fans’ favorite E30 M3 could serve as an inspiration for a variant of the upcoming BMW M2. According to BMW Group design director Adrian van Hooydonk. “The E30 M3 has a really big fan base, and we are going to be taking cues from it for a future product,” he said.

For Autocar, Hooydonk wouldn’t elaborate on which model might get the E30 M3 treatment, but the one model that fits the profile is the new M2 which will be released in November of this year.

The M2 is expected to produce around 370 hp from a new 3.0-liter six-cylinder engine that is unrelated to the powertrains fitted to the bigger M3 and M4 models. The E30-inspired M2, maybe labeled M2 CSL, could feature design cues like distinctive wheelarches creasing and a wing, while all the aerodynamic parts will be fixed. “With M cars, we try to get the downforce right without moveable aero. It’s the most authentic way,” said Hooydonk.

Weight saving play an import role in BMW’s future product strategy and M cars already feature carbon fiber and composite plastics. Hooydonk added “I’d have to give Colin Chapman the credit for the ‘performance through light weight’ mantra, but that was another big factor for the E30, and that is also a priority for us.”

A lightweight M2 should come in at closer to 1400 kg.

The expectations are that the special M2 would arrive next year to celebrate the company’s 100th birthday.
edit: I found this which almost confirms that it will be a M2 CSL:

http://www.topgear.com/uk/car-news/bmw-m3-m4-csl-n...

Edited by EricE on Friday 20th March 12:39