1M - A few questions?
Discussion
TEKNOPUG said:
Seems to be a fair few people who hail the 1M as the best all-rounder they have ever had, yet no longer have them 
I only sold mine because of job-insecurity at the end of last year. Having a 40+k millstone around my neck made no sense when there was a chance I could have been made redundant. I was in a position where I could exit ownership of the car after 9 months without losing a penny, or keep it and gamble residuals staying so strong. Believe me it was the last thing I wanted to do, but I had to errr on the side of caution and take the first option. In hindsight I probably panicked a bit too much, and everything worked out for the best, but at the time it was a decision I just had to make. 
Jonny F said:
Why not a C2S? Because I've had one, loved it, paid for the experience and ticked the box. In fact the only car that has ever interested me other than our friends from Stuttgart was the CSL but the prices for those cars at nearly 10 years old and ragged to death are just madness. The points KMPowell make are the exact ones that lead me to think that the 1M will, in 2 years time, be worth much more than an M3/C2S bought for the same price today.
Why do you think they've all been ragged to death? And would you say the same about 996 & 997 GT3s, and think they're overpriced too, or how about other rare special stuff? Seems a bit of a strange comment from someone who used to own a CSLkmpowell said:
TEKNOPUG said:
Seems to be a fair few people who hail the 1M as the best all-rounder they have ever had, yet no longer have them
I only sold mine because of job-insecurity at the end of last year. Having a 40+k millstone around my neck made no sense when there was a chance I could have been made redundant. I was in a position where I could exit ownership of the car after 9 months without losing a penny, or keep it and gamble residuals staying so strong. Believe me it was the last thing I wanted to do, but I had to errr on the side of caution and take the first option. In hindsight I probably panicked a bit too much, and everything worked out for the best, but at the time it was a decision I just had to make. I had a 135i and loved it. I thought the 1M would be the perfect car for me and I was so looking forward to it arriving that when it did, I was a little disappointed. I'd over hyped it my mind, I think. I still wish I'd kept it longer but for me an M3 with DCT and comp pack is the better car.
Leins said:
Why do you think they've all been ragged to death? And would you say the same about 996 & 997 GT3s, and think they're overpriced too, or how about other rare special stuff? Seems a bit of a strange comment from someone who used to own a CSL
Not really. Show me an "as new" CSL with 2,000 miles on the clock and 1 owner for £37,000 and I'd consider it over the 1M. All the ones I've seen look and feel 8 years old...because they are! Jonny F said:
Leins said:
Why do you think they've all been ragged to death? And would you say the same about 996 & 997 GT3s, and think they're overpriced too, or how about other rare special stuff? Seems a bit of a strange comment from someone who used to own a CSL
Not really. Show me an "as new" CSL with 2,000 miles on the clock and 1 owner for £37,000 and I'd consider it over the 1M. All the ones I've seen look and feel 8 years old...because they are! I went from an 18 month old Z4M with 10k on the clock (which I'd owned since it had 900 miles on the odo) to a 7yr old CSL with 50k on the clock. Bar some minor wear to the wheel, the thing felt and drove like new.
All depends on the car.
Speaking of which, I'm surprised at the number of you who considered 'rivals' such as the Golf R, RS3 etc, when forty bags nets a lovely, low mileage 996 GT3, Turbo S or 997 C2S (all warrantied etc).
When compared to these alternatives, the 1M just doesn't stack up - that was more the standpoint I was coming from.
Anyway, the world would be a dull place etc... I just think you're all weird
Great Pretender said:
Speaking of which, I'm surprised at the number of you who considered 'rivals' such as the Golf R, RS3 etc, when forty bags nets a lovely, low mileage 996 GT3, Turbo S or 997 C2S (all warrantied etc).
When compared to these alternatives, the 1M just doesn't stack up - that was more the standpoint I was coming from.
Anyway, the world would be a dull place etc... I just think you're all weird
To be fair though, you could also have an R35 GTR and a pukka E39M5/high mileage E60M5 for the same price as the 2nd hand Pork.When compared to these alternatives, the 1M just doesn't stack up - that was more the standpoint I was coming from.
Anyway, the world would be a dull place etc... I just think you're all weird
There will always be glaring differences when comparing new with 2nd hand.
Why would anyone buy a new euro-saloon when you could have an E46 M3 and plenty of change?
Wifes 1M is a year old now.
5k on the clock and the only options fitted is sun protection glass and bluetooth.
The car is like new and wasn't driven last winter.
She was offered considerably more than she paid for it two weeks ago and turned it down only for the guy to offer more again. This has happened a couple of times lately but the last guy certainly made a genuine and surprising offer.
I don't think she will ever part with it though.
The 1M really is an outstanding piece of kit.
5k on the clock and the only options fitted is sun protection glass and bluetooth.
The car is like new and wasn't driven last winter.
She was offered considerably more than she paid for it two weeks ago and turned it down only for the guy to offer more again. This has happened a couple of times lately but the last guy certainly made a genuine and surprising offer.
I don't think she will ever part with it though.
The 1M really is an outstanding piece of kit.
E30M3SE said:
£100K cars with the running cost to match might be one reason for not going down that route, especially if using the car as a dd, Porsche 'warranty' may scare some off also what with their draconian t&c's.
Here is my cost to maintain a 4yr old 997C2S over 20k miles (over and above the purchase cost/tax/insurance/fuel):- Light Bulb *2 @ £5.75
- Pirelli P-Zero (N-Rated) *4 @ £1200
- Litre of Mobil 0W-40 *3 @ £13.00 (average)
That's it.
But it's also worth pointing out that over 20k miles I achieved 22mpg and the cost to insure was lower than the 1M. Never had it long enough to re-tax it.
TEKNOPUG said:
To be fair though, you could also have an R35 GTR and a pukka E39M5/high mileage E60M5 for the same price as the 2nd hand Pork.
There will always be glaring differences when comparing new with 2nd hand.
Why would anyone buy a new euro-saloon when you could have an E46 M3 and plenty of change?
Well, the 1M is now a 2nd hand vehicle There will always be glaring differences when comparing new with 2nd hand.
Why would anyone buy a new euro-saloon when you could have an E46 M3 and plenty of change?
Great Pretender said:
But it's also worth pointing out that over 20k miles I achieved 22mpg and the cost to insure was lower than the 1M. Never had it long enough to re-tax it.
How much difference in insurance cost to the 1M. I ask this because the wife just renewed at £240. Yes 240 quid for a 1M.V8A*ndy said:
How much difference in insurance cost to the 1M. I ask this because the wife just renewed at £240. Yes 240 quid for a 1M.
Can't recall. We're not talking the end of the world, but every little helps. May well have been approx £200 (central London, <30yr old male with history).Jonny F said:
Not really. Show me an "as new" CSL with 2,000 miles on the clock and 1 owner for £37,000 and I'd consider it over the 1M. All the ones I've seen look and feel 8 years old...because they are!
I know we're going slightly off-topic here, but do you apply your logic to all cars older than a couple of years and above delivery mileage i.e. they're not new or nearly-new so have to be over-valued even if they're in something of a specialist marketplace? Or do you think that the CSL has been particularly badly looked after as a model in general? If so, you're looking at the wrong ones, as plenty of good cars out there
The comparison of the 1M to the CSL doesn't really make much sense to me anyway. I'd love to have both, but for different reasons and uses
Edited by Leins on Tuesday 16th October 16:07
Great Pretender said:
Here is my cost to maintain a 4yr old 997C2S over 20k miles (over and above the purchase cost/tax/insurance/fuel):
That's it.
But it's also worth pointing out that over 20k miles I achieved 22mpg and the cost to insure was lower than the 1M. Never had it long enough to re-tax it.
If you covered over 20K miles it must have been due a service when you sold/px'd it, given that 997 service intervals are 2years or 20K miles whichever occurs first, no?- Light Bulb *2 @ £5.75
- Pirelli P-Zero (N-Rated) *4 @ £1200
- Litre of Mobil 0W-40 *3 @ £13.00 (average)
That's it.
But it's also worth pointing out that over 20k miles I achieved 22mpg and the cost to insure was lower than the 1M. Never had it long enough to re-tax it.
In anycase, I was refering more to GT3 and Turbo S being £100K cars and looking at this, maindealer servicing (which you are tied into with the OPC approved used warranty) is upto twice that of a C2S.
Edited by E30M3SE on Tuesday 16th October 16:26
E30M3SE said:
If you covered over 20K miles it must have been due a service when you sold/px'd it, given that 997 service intervals are 2years or 20K miles whichever occurs first, no?
In anycase, I was refering more to GT3 and Turbo S being £100K cars and looking at this, maindealer servicing (which you are tied into with the OPC approved used warranty) is upto twice that of a C2S.
Well the GT3 is in a different league again. Anyway we're talking a few hundred quid here, not thousands upon thousands. After all, the 1M is a good bit more to run than your average £40k exec diesel saloon...In anycase, I was refering more to GT3 and Turbo S being £100K cars and looking at this, maindealer servicing (which you are tied into with the OPC approved used warranty) is upto twice that of a C2S.
Edited by E30M3SE on Tuesday 16th October 16:26
However, give me a year and I'll tell you what it's like to run the GT3.
Great Pretender said:
Well the GT3 is in a different league again. Anyway we're talking a few hundred quid here, not thousands upon thousands. After all, the 1M is a good bit more to run than your average £40k exec diesel saloon...
However, give me a year and I'll tell you what it's like to run the GT3.
Back when the world was not on its knees, I was lucky enough to own a Mark 1 GT3 and a 996 Turbo S. Both I used every day and as you can imagine, one I kept much longer than the other. Both were "out of this world" cars and I feel privileged to have owned them. The 1M will be a day to day car which my recent C2S was. Strange as it seems I found the BMW so much more exciting than the Porsche. Perhaps senility beckons?However, give me a year and I'll tell you what it's like to run the GT3.
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