Keep a 600bhp 1 series, or go weekender and daily shed...
Keep a 600bhp 1 series, or go weekender and daily shed...
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Discussion

D4MJT

Original Poster:

1,307 posts

186 months

Monday 21st December 2020
quotequote all
Hi all,

I'm in a bit of a quandry at the moment. I have an M140i that I've had since new, it's 3 and a bit years old and is modified with a hybrid turbo etc, made 595bhp on the dyno last time it was on. It's been completely bulletproof in the time I've had it and I've done 65k miles in it. I bought it new to keep and specced it how I wanted for long term, so the car is well specced for a 1 series and is finance free. It's a fantastic daily driver and I still average late twenties, early 30's mpg wise.

My quandry is this. I must be getting old, but part of me is thinking that currently I've got about £20k ish sat in it, either putting it back to standard and selling or selling as is, give or take a few grand tops. My heads saying that if I continue to do the miles I'm doing (21k a year) then I'll have some decent maintenance bills in the next 3 years and it'll be worth sod all really. I bought it originally with this in mind, so that's not been an issue so far. I wanted something fun to drive as I do so many miles, I get decent fuel allowance with work that offsets my fuel costs and it's been great.

However I'm having thoughts of selling up and getting something like a Citroen C1 / diesel clio or even a derv mondeo or something for say a grand, and getting something a bit more special to keep tucked away for days off and that will hopefully hold it's value better.

Currently I'm considering an E60 M5. I think it's probably going to stay fairly steady in value terms if it's looked after, and I'm in a decent situation now where I've pretty much finished renovating my house and I could keep it garaged when not in use.

What's the general consensus? I'm not necessarily stuck on an E60 M5, but I think it would be special for nice days and should hold it's money OK if I look after it. I also know BMW's well, and have E61 M5 experience and know the S85 and it's foibles so I'm not going into it blindly.

If not that, what else for circa £18-20k that should hopefully be fairly steady value wise and be a bit nice as a toy?


Sc0tchland

448 posts

109 months

Monday 21st December 2020
quotequote all
D4MJT said:
Hi all,

I'm in a bit of a quandry at the moment. I have an M140i that I've had since new, it's 3 and a bit years old and is modified with a hybrid turbo etc, made 595bhp on the dyno last time it was on. It's been completely bulletproof in the time I've had it and I've done 65k miles in it. I bought it new to keep and specced it how I wanted for long term, so the car is well specced for a 1 series and is finance free. It's a fantastic daily driver and I still average late twenties, early 30's mpg wise.

My quandry is this. I must be getting old, but part of me is thinking that currently I've got about £20k ish sat in it, either putting it back to standard and selling or selling as is, give or take a few grand tops. My heads saying that if I continue to do the miles I'm doing (21k a year) then I'll have some decent maintenance bills in the next 3 years and it'll be worth sod all really. I bought it originally with this in mind, so that's not been an issue so far. I wanted something fun to drive as I do so many miles, I get decent fuel allowance with work that offsets my fuel costs and it's been great.

However I'm having thoughts of selling up and getting something like a Citroen C1 / diesel clio or even a derv mondeo or something for say a grand, and getting something a bit more special to keep tucked away for days off and that will hopefully hold it's value better.

Currently I'm considering an E60 M5. I think it's probably going to stay fairly steady in value terms if it's looked after, and I'm in a decent situation now where I've pretty much finished renovating my house and I could keep it garaged when not in use.

What's the general consensus? I'm not necessarily stuck on an E60 M5, but I think it would be special for nice days and should hold it's money OK if I look after it. I also know BMW's well, and have E61 M5 experience and know the S85 and it's foibles so I'm not going into it blindly.

If not that, what else for circa £18-20k that should hopefully be fairly steady value wise and be a bit nice as a toy?
So I've made some assumptions here, 21k per year, 29mpg and £1.15 a litre of fuel. That's £3700 a year in fuel. You must be absolutely loaded!

Anyway, my vote goes on a £3-4k daily and spend the rest on another special car smile

D4MJT

Original Poster:

1,307 posts

186 months

Monday 21st December 2020
quotequote all
Sc0tchland said:
So I've made some assumptions here, 21k per year, 29mpg and £1.15 a litre of fuel. That's £3700 a year in fuel. You must be absolutely loaded!

Anyway, my vote goes on a £3-4k daily and spend the rest on another special car smile
Not really, it’s mapped for 98RON super so fuel is more like £1.30 a litre, but as posted I get a really good fuel allowance from work so my personal mileage is probably a fraction of the 21k

The 140 is silly cheap to maintain as well really, I’ve replaced all the discs and pads once in 65k and I’m getting around 18k to a set of Pilot Sport 4 tyres which are about £500 a set. Tax is only £145 a year so it’s been a really good cheap reliable car all things considered.

With that in mind that’s sort of why I’m looking at a cheap daily and the M5 as I couldn’t manage halving that fuel economy then the added cost of brakes and tyres etc for an M5

Plus it would destroy the value down the line and make switching pointless anyway

Denno B

1,001 posts

233 months

Monday 21st December 2020
quotequote all
M5 is still more of a daily IMO, have you considered going for something a little more hardcore, sense of occasion weekend car like a Lotus Elise, vx220, z4m, something of that ilk.

NorthDave

2,537 posts

260 months

Monday 21st December 2020
quotequote all
21k a year must mean a decent amount of time in the car. I wouldn't want to do all that in setting rubbish. I'd always be wishing I was in the other car.

I'd keep what you have and drive it until it becomes uneconomical. Then do it again!

ZX10R NIN

30,484 posts

153 months

Monday 21st December 2020
quotequote all
Just buy something like these:

https://www.autotrader.co.uk/car-details/202012046...

https://www.autotrader.co.uk/car-details/202012106...

https://www.autotrader.co.uk/car-details/202012177...

Use your M140 as your toy, anything you buy you'll end up fettling whatever else you buy. So I'd turn the M140 into the garage queen & get a smart daily that way you'll appreciate both for what they are.

The two car solution works for me & as I said above it helps me appreciate my toys & my daily.

Kent Border Kenny

2,219 posts

88 months

Monday 21st December 2020
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I think it’s likely that you’ll lose more switching than sticking with what you have.

The idea that there’s a sudden large increase in overall costs at a certain point when a car is well maintained just doesn’t ring true.

Henry_b

191 posts

107 months

Tuesday 22nd December 2020
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To be honest Matt if you fancy a change then go for it..

A weekender appeals to me because you never really tire of it, my issue would be basically living in a car tends to blunt its appeal at least for me after a while!
If you drive st for 5 days of the week and have a monster waiting in your garage it makes the special car all the more "erm" special!!!

The main reason I have a Fiesta for daily use and my P38 for when I want to enjoy driving!

I'd love the M5 Touring a proper practical v10 estate, which will appreciate, nowt sounds like a V10 and while you're on the V10s consider the M6 you can get a 2005-2007'ish M6 for good money, quite cheap for what they are..

My only gripe would be the SMG!

Mind you a C63 AMG would be nice too!

Oh and maybe an L322 5.0 S/C!

So many choices!!!!




Edited by Henry_b on Tuesday 22 December 19:39


Edited by Henry_b on Tuesday 22 December 19:53

Mirinjawbro

1,067 posts

92 months

Wednesday 23rd December 2020
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what turbo do you have?

how much was it?

worth the upgrade?