BMW 1M

Author
Discussion

Vetteran

Original Poster:

238 posts

176 months

Wednesday 14th January 2015
quotequote all
Was considering buying one of these, good press, poss future classic etc.So why so many on the market? Checked a German site and there are many cars available.Is there a forthcoming car that is going to undermine values?

King Eric

291 posts

209 months

Wednesday 14th January 2015
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Well....I noticed that Mark Whalberg is driving one in his latest film. Pretty cool considering it's a few years old now and not as cool as some other options. Without a doubt this is and will be a huge cult car in 10+ years.

Rahul uk

235 posts

149 months

Wednesday 14th January 2015
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I was recently considering one of these and it is a fantastic car. Not many built in comparison to other M cars, so people have owned/enjoyed them and are looking to cash in on the high residual values. The M2 is coming out sometime this year, so might have some impact on 1M prices I guess, although I still think in the long run the 1M will be a future classic. My hope is that the prices will drop and then I'll have one for weekend fun.

FamilyDub

3,587 posts

164 months

Wednesday 14th January 2015
quotequote all
Vetteran said:
Is there a forthcoming car that is going to undermine values?
I do hope so.

Shaoxter

4,048 posts

123 months

Wednesday 14th January 2015
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They've come down a bit already, all under £40k now including AUC.

Timbola

1,956 posts

139 months

Thursday 15th January 2015
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Vetteran said:
Is there a forthcoming car that is going to undermine values?
M235i, been out about a year.

M2, builds start around November this year.

Though I doubt either has/will have quite that barnstorming raggedness or brutality of the 1M.

Carlton Banks

3,640 posts

235 months

Thursday 15th January 2015
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Good car, great fun but required a daily driver and something I could leave on the side of the road so sold my orange one.

Sadface

104 posts

122 months

Saturday 17th January 2015
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Same as the M135i the M badge is just diluted garbish these days that leads everybody that buys what Ever series BMW as long as it says Msport after its numbers into pub bragging rights,well it doesn't,sorry but that M badge has become a joke, and why would you want a false engine note in any cabin , I bet the older M technicians are pulling their hair out, all pre turbo M cars should run straight pipes

FamilyDub

3,587 posts

164 months

Saturday 17th January 2015
quotequote all
Shaoxter said:
They've come down a bit already, all under £40k now including AUC.
I mean to like £20k biggrin

shim

2,050 posts

207 months

Saturday 17th January 2015
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FamilyDub said:
I mean to like £20k biggrin
will NEVER happen

FamilyDub

3,587 posts

164 months

Tuesday 20th January 2015
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shim said:
will NEVER happen
I am aware of this. I still hope.

chrisABP

1,112 posts

147 months

Wednesday 21st January 2015
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I enjoyed my alpine white 1M for just under two years and sold last July for £42,500 to a BMW main dealer! This was exactly £5k more than I had paid for it 2 years before when it was just 6 months old.

Since I sold mine I do keep an eye on the market and not many have sold for over £40k since. I might regret it one day IF the values ever creep up to £50k plus but I love the 911 GTS which replaced the 1M so I've never actually missed it.

safferboylondon

22 posts

131 months

Thursday 29th January 2015
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Shaoxter said:
They've come down a bit already, all under £40k now including AUC.
Had a look on A-trader and AUC prices are mostly non vat qualifying,so that is not a true reflection of prices. They are pretty much selling for the same price as they sold brand new ,4 years later but this time most are packing milleage north of 25k miles.

KenC

691 posts

234 months

Thursday 29th January 2015
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safferboylondon said:
Shaoxter said:
They've come down a bit already, all under £40k now including AUC.
Had a look on A-trader and AUC prices are mostly non vat qualifying,so that is not a true reflection of prices. They are pretty much selling for the same price as they sold brand new ,4 years later but this time most are packing milleage north of 25k miles.
Non VAT qualifying does not mean prices are subject to VAT. The price you see is the asking price.

Mermaid

21,492 posts

170 months

Thursday 29th January 2015
quotequote all
chrisABP said:
I enjoyed my alpine white 1M for just under two years and sold last July for £42,500 to a BMW main dealer! This was exactly £5k more than I had paid for it 2 years before when it was just 6 months old.

.
Good timing on the sale, that is probably near the top. The M2 will affect residuals imo. And by summer there will be circa £40k F8 M3's.

Johnb850

111 posts

170 months

Thursday 29th January 2015
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The 1M has dropped off the radar. Like any car its life cycle has peaks an troughs. I'd say their value will drop steadily once the M2 hits the showrooms and as above the M3/4 drops into good "used" money.

gaz1234

5,233 posts

218 months

Thursday 29th January 2015
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Quicker than e46?

safferboylondon

22 posts

131 months

Friday 30th January 2015
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KenC said:
Non VAT qualifying does not mean prices are subject to VAT. The price you see is the asking price.
Yes it does ....apologies!
Note to self: Don't post when half asleep.
I

ChrisBuer

628 posts

224 months

Friday 30th January 2015
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Johnb850 said:
The 1M has dropped off the radar. Like any car its life cycle has peaks an troughs. I'd say their value will drop steadily once the M2 hits the showrooms and as above the M3/4 drops into good "used" money.
It’s probably “dropped off the radar” as there are fewer and fewer of these cars around. Some have been written off, some have been stolen and some have been exported abroad.

I don’t know what will happen when the M2 comes out, but I’d expect the prices will not drop by much. Everyone said the same when the M3 came out and it simply hasn’t impacted on the prices. If anything people I’ve spoken to (including on BMW dealer) actually said that if given the keys to both, they’d choose the 1M over the new M3 to drive as a fun car.

I sold my 1M to a BMW dealer and left it parked up in their car park whilst signing the paper work. There was an M3 demo car sitting out there as well. Within about 15 minutes, there was a small group of customers hanging around the 1M looking at it and they didn’t give the M3 a second glance. Then I had a few of them come in and ask “is that a 1M?” and “wow I’ve not seen one before”. They do create a bit of a stir when people see them and I think that’s half the appeal smile

gaz1234 said:
Quicker than e46?
Real world probably yes because of the torque. Mine was remapped and was pretty stonking (656nm torque / 430bhp), but standard they’re still pretty quick.


aussieinlondon

660 posts

218 months

Friday 30th January 2015
quotequote all
gaz1234 said:
Quicker than e46?
https://www.youtube.com/watch?v=fYhKot_fdqU

http://youtu.be/1Gxqn7zOQlk

https://www.youtube.com/watch?v=SX6H76eo3c8




Edited by aussieinlondon on Friday 30th January 11:53