Bmw 1M prices holding strong!

[as7920]

aussieinlondon said:

as7920 said:

Just sold mine to a dealer for £2500 more than they offered me 4 months ago.

Very sad to see it go. Could be the best car I will ever drive. Had such a great time with it.

So you don't forget what she looks like Mark from behind, and the good drives we had

http://www.youtube.com/watch?v=pAhcOwG7suw

Cheers bud! As long as H keeps his ill just have to make sure he's behind or in front of me on the next trips!

[SIM1er]

as7920 said:

Just sold mine to a dealer for £2500 more than they offered me 4 months ago.

Very sad to see it go. Could be the best car I will ever drive. Had such a great time with it.

Mind me asking who you sold to and how much you got (pm)?

I can't make my mind up whether to keep mine or not.

[safferboylondon]

About a month ago Sytner Sunningdale said they would only knock £500 of the selling price
I suppose I was not ready to buy then and probably the dealer didn't want to show his hand . Anyone know if more negotiation is possible if cash was involved( ie finance via bank loan already in account)
I could be wrong but the 1M is only going to be popular with BMW AUC up until their new toy arrives F30 M3.
Just speculating. Either way I'm buying a 1M in the next month so will keep you guys posted.

[vsonix]

brakes said:

As much as I love the 1M, I really can't see it lasting at these crazy prices. It currently holds a niche as a winning combo of fast/ modern/ driver-oriented/ luxury and, crucially, SMALL car available, and I love it. But what about when there's a new shape 1M? Will it hold its price then? I can't see it, I'm waiting for the prices to plummet.

Yup, pretty sure once the M2 drops there will be a few more floating around as invariably there will be a few owners for whom having the latest and flashiest matters more.

[greygoose]

vsonix said:

brakes said:

As much as I love the 1M, I really can't see it lasting at these crazy prices. It currently holds a niche as a winning combo of fast/ modern/ driver-oriented/ luxury and, crucially, SMALL car available, and I love it. But what about when there's a new shape 1M? Will it hold its price then? I can't see it, I'm waiting for the prices to plummet.

Yup, pretty sure once the M2 drops there will be a few more floating around as invariably there will be a few owners for whom having the latest and flashiest matters more.

I am not sure prices will plummet that much as supply was so limited and the M2 will (I suspect) not be a bargain like the hatch currently is. My local dealer has a 1m up for £38,500 at the moment with 21k miles which seems good news if I ever think of selling mine .

[steviemillar]

I'm presently looking to move on my 1M but some of the trade-in prices have been lower than I expected to be honest - either the values have dropped more than I thought and/or dealers are putting a really large mark-up on their cars. My own car is a Valencia with most options with under 10k miles, cost me a premium to get hold of it too ( through BMW AUC)
Looks like I might have to keep it a while longer .

[161BMW]

When the M2 comes out the 1M prices will be more affordable and there should be more supply and movement in the markey

[cidered77]

161BMW said:

When the M2 comes out the 1M prices will be more affordable and there should be more supply and movement in the markey

don't think it'll be a long term hit- the M2 won't be volume limited based on the success of the 1M, plus it'll be 4 cylinder also, and who knows? Maybe not a manual either.

1M has the "halo" effect generated by pretty much 100% wall to wall positive press coverage - even if the values drop in next 2 -3 years, i reckon they'll head back up again.

Difficult is keeping the mileage down and keeping it standard - so many mods out there, so many great roads...

[Yellowcab]

steviemillar said:

I'm presently looking to move on my 1M but some of the trade-in prices have been lower than I expected to be honest - either the values have dropped more than I thought and/or dealers are putting a really large mark-up on their cars. My own car is a Valencia with most options with under 10k miles, cost me a premium to get hold of it too ( through BMW AUC)
Looks like I might have to keep it a while longer .

They are trying it on mate, they want it both ways. My mate just sold his 1M for cash to the supplying BMW dealer for only £4k less than he paid for it new 18 months ago and they then sold it the following day.

Edited by Yellowcab on Friday 7th June 22:06

[161BMW]

cidered77 said:

don't think it'll be a long term hit- the M2 won't be volume limited based on the success of the 1M, plus it'll be 4 cylinder also, and who knows? Maybe not a manual either.

1M has the "halo" effect generated by pretty much 100% wall to wall positive press coverage - even if the values drop in next 2 -3 years, i reckon they'll head back up again.

Difficult is keeping the mileage down and keeping it standard - so many mods out there, so many great roads...

Great reviews and exckusivity doesn't guarantee high prices
Example M3 CS

[Yellowcab]

161BMW said:

Great reviews and exckusivity doesn't guarantee high prices
Example M3 CS

The reason for that is who wants a CS when you can have a CSL. They can't both wear the same crown.

[Yellowcab]

cidered77 said:

don't think it'll be a long term hit- the M2 won't be volume limited based on the success of the 1M, plus it'll be 4 cylinder also, and who knows? Maybe not a manual either.

1M has the "halo" effect generated by pretty much 100% wall to wall positive press coverage - even if the values drop in next 2 -3 years, i reckon they'll head back up again.

Difficult is keeping the mileage down and keeping it standard - so many mods out there, so many great roads...

I think good examples of the 1M will stay above £30K and like you say will start to appreciate after ten years just like the CSL. However it's got a head start over the CSL as they dropped £20k in the first 18 months. I was one of the original owners who paid £60k for a CSL when new and then sold a couple of years later so know all about the hit. My 1M has only lost a small percentage of it original cost and I cant think of another BMW that I've owned that has retained such a high value in its first 18 months. I think it was priced sensibly in the first place and BMW made a car that was a pure one off.

Edited by Yellowcab on Saturday 8th June 08:57

[161BMW]

Yellowcab said:

The reason for that is who wants a CS when you can have a CSL. They can't both wear the same crown.

They both aimed at slightly different target audiences
One is a great all rounder
One is more emphasis on the driving experience than the other at the expense of being as practical
Practical meaning cost of CFRP parts, loss of creature comforts in the regular M3

[Yellowcab]

161BMW said:

They both aimed at slightly different target audiences
One is a great all rounder
One is more emphasis on the driving experience than the other at the expense of being as practical
Practical meaning cost of CFRP parts, loss of creature comforts in the regular M3

True, point taken.

[Yellowcab]

2 year old 1M for sale here 1600 miles on the clock from new

http://www.pistonheads.com/classifieds/used-cars/b...

[Mermaid]

Yellowcab said:

2 year old 1M for sale here 1600 miles on the clock from new

http://www.pistonheads.com/classifieds/used-cars/b...

Isn't that close to price new? Amazing how residuals have been so strong. Cannot think of any other BMW in recent years that has achieved that feat?

[E30M3SE]

Mermaid said:

Yellowcab said:

2 year old 1M for sale here 1600 miles on the clock from new

http://www.pistonheads.com/classifieds/used-cars/b...

Isn't that close to price new? Amazing how residuals have been so strong. Cannot think of any other BMW in recent years that has achieved that feat?

They've probably got £5k across the screen.

[original guvnor]

Guess which M car this piece was written about....

"A sportscar should handle fantastically; whilst the BMW xxx does handle very well, it does so in a certain fashion. If you want precision, feel and delicacy, go and buy a Cayman with our blessing; there’s nothing you’re about to read that should have any bearing on that decision at all.

If, however, you incline to a more back-to-basics approach and like the sensation of a car moving around beneath you, you may be in luck. If you wrote a wish list of all the things needed to make sure your car was fun in an old-fashioned, hang-the-tail-out way, you’d ask first for rear-wheel drive, then a limited-slip differential.

Just as important would be an engine with a large and reliable source of torque, while the longest wheelbase in the class would be desirable, too. The xxx ticks every box.

Drive it quickly but smoothly and it’s capable enough in the dry, with good grip and impressive body control. But the steering is less likeable, and not just because the wheel is so unpleasant to hold. There’s a muted feel there but not the kind of interaction you take for granted in a Cayman.

You only feel properly introduced to the action if you take the car by the scruff and boss it about. Then, while the steering never comes alive, the chassis does, and you’ll find it agile, willing and friendly. Unusual care need only be taken in streaming wet conditions, and only if you’re brave or stupid enough to turn off the safety nets. Then the car’s behaviour edges towards the skittish side of responsive.

The main reason for this is BMW’s decision to equip the M with some fairly uncompromising spring rates, which not only hinder wet grip, but also B-road comfort. It feels like a car developed on the smooth surfaces of Germany, and while the ride quality is just about good enough not to spoil its everyday ability, a touch more compliance on back roads would make the car not only more comfortable but also better and easier to drive"

I've removed all reference to the model name in the above.

[Slippydiff]

original guvnor said:

Guess which M car this piece was written about....

"A sportscar should handle fantastically; whilst the BMW xxx does handle very well, it does so in a certain fashion. If you want precision, feel and delicacy, go and buy a Cayman with our blessing; there’s nothing you’re about to read that should have any bearing on that decision at all.

If, however, you incline to a more back-to-basics approach and like the sensation of a car moving around beneath you, you may be in luck. If you wrote a wish list of all the things needed to make sure your car was fun in an old-fashioned, hang-the-tail-out way, you’d ask first for rear-wheel drive, then a limited-slip differential.

Just as important would be an engine with a large and reliable source of torque, while the longest wheelbase in the class would be desirable, too. The xxx ticks every box.

Drive it quickly but smoothly and it’s capable enough in the dry, with good grip and impressive body control. But the steering is less likeable, and not just because the wheel is so unpleasant to hold. There’s a muted feel there but not the kind of interaction you take for granted in a Cayman.

You only feel properly introduced to the action if you take the car by the scruff and boss it about. Then, while the steering never comes alive, the chassis does, and you’ll find it agile, willing and friendly. Unusual care need only be taken in streaming wet conditions, and only if you’re brave or stupid enough to turn off the safety nets. Then the car’s behaviour edges towards the skittish side of responsive.

The main reason for this is BMW’s decision to equip the M with some fairly uncompromising spring rates, which not only hinder wet grip, but also B-road comfort. It feels like a car developed on the smooth surfaces of Germany, and while the ride quality is just about good enough not to spoil its everyday ability, a touch more compliance on back roads would make the car not only more comfortable but also better and easier to drive"

I've removed all reference to the model name in the above.

Can I ask who wrote this ?

As a summation, it's pretty much spot on, but the few "negatives" don't stop it being an absolute blast to drive

Would have to disagree on the steering, mine now has a non-standard geo set up, the front has plenty of weight, feel and feedback.

Plenty of people say the CSL lacks steering feel too, actually it doesn't, it's lighter and thus requires a more delicate touch, once you've come to accept that, it's got all the feedback you need to drive it very quickly indeed.The 1M is no different.

[original guvnor]

Slippydiff said:

Can I ask who wrote this ?

As a summation, it's pretty much spot on, but the few "negatives" don't stop it being an absolute blast to drive

Would have to disagree on the steering, mine now has a non-standard geo set up, the front has plenty of weight, feel and feedback.

Plenty of people say the CSL lacks steering feel too, actually it doesn't, it's lighter and thus requires a more delicate touch, once you've come to accept that, it's got all the feedback you need to drive it very quickly indeed.The 1M is no different.

I think it was Matt Saunders (Autocar Road Tester) in their full road test of the 1M.

I should say upfront I love the 1M! But my point in posting this was to try and illustrate how clever marketing and press hype can make all the difference as to how a car is perceived. You could've written virtually the exact same review of my car (Z4MC) with the possible exception that the damping at the rear just crosses over the line finely trodden by the 1M, yet it was a low volume M car panned by the media. It was launched with little fanfare and no longstanding PR/Marketing campaign - wasn't the 1M the longest unveiling ever until the Jag F-Type came along? Which incidentally has also had the press slobbering over it. Coincidence? Maybe, maybe not.