Discussion
Bayerische said:
Tdgti said:
Bayerische said:
If you are trying to talk prices down just so you can get one cheap, that simply wont happen. Demand outstripes supply in every market worldwide since launch.
I suspect you may well be an owner of the low production car with huge appeal and a huge fan base yourself ha ha.
Oh dear !!!
I suspect you are an idiot.If you are trying to talk prices down just so you can get one cheap, that simply wont happen. Demand outstripes supply in every market worldwide since launch.
I suspect you may well be an owner of the low production car with huge appeal and a huge fan base yourself ha ha.
Oh dear !!!
Just being realistic regarding the 1m market 👍
I have a 1M and it's a great car and perfect all rounder. I don't use it enough so put it on a couple of forums but that's probably because it's winter and I don't use it in winter. Soon as the sun come South it will be game on. I'm going Le mans, Goodwood, and a Euro run. If no one serious come forward it's no bother as I'm sure they will be a future classic . So I would say get a 1M but not too low on mileage as you will be worried about using it. There a great old style M car to me not like the massive new M stuff which I don't think drive like M cars any more.
I don't recall any other M product that didn't ever depreciate, well maybe a couple of grand in the first 6 months. But within 12 month they were back up to list and continue to rise.
They are sooooooo much fun, sure the turbo engine doesn't have quite the character as the normally aspirated engines but those days are gone, unless you can get a gt3. I think the turbo engine in that little chassis just provokes you into driving it like a hooligan. After 6 years of ownership i still love it and that says something......they are just Fun.
They are sooooooo much fun, sure the turbo engine doesn't have quite the character as the normally aspirated engines but those days are gone, unless you can get a gt3. I think the turbo engine in that little chassis just provokes you into driving it like a hooligan. After 6 years of ownership i still love it and that says something......they are just Fun.
I agree that 1M prices aren't climbing at present, however, they're certainly not in freefall. The fact that they're not appreciating or selling as quickly just now doesn't mean that the ar$e has dropped out of them, unfortunately for buyers!
There was a period about a year or two ago where pretty much any 1M that appeared for sale was sold quickly, sometimes before it was even photographed/viewed and on description/mileage alone; but I don't think that they are moving as quickly now. The only car which I remember hanging around for any length of time during that period was a VO 1M with (from memory) around 60-65k miles on it. But it was still being sold as an AUC at a BMW dealer, so the potential to run it with a 2yr warranty (after haggling) and not worry about big bills or loading miles onto a collecters piece would have made it one of the very first cars I considered had I been in a position to buy.
To go back to the topic, regarding the E46/1M choice; I think they're very different cars with very different price points. I would also say that if buying with depreciating/appreciation in mind, then I'd be focusing more on either a CS or CSL E46. But I also think it would really depend on intended use and after viewing/driving a few of each flavour, deciding if the extra money needed for a 1M or CSL was worthwhile.
There was a period about a year or two ago where pretty much any 1M that appeared for sale was sold quickly, sometimes before it was even photographed/viewed and on description/mileage alone; but I don't think that they are moving as quickly now. The only car which I remember hanging around for any length of time during that period was a VO 1M with (from memory) around 60-65k miles on it. But it was still being sold as an AUC at a BMW dealer, so the potential to run it with a 2yr warranty (after haggling) and not worry about big bills or loading miles onto a collecters piece would have made it one of the very first cars I considered had I been in a position to buy.
To go back to the topic, regarding the E46/1M choice; I think they're very different cars with very different price points. I would also say that if buying with depreciating/appreciation in mind, then I'd be focusing more on either a CS or CSL E46. But I also think it would really depend on intended use and after viewing/driving a few of each flavour, deciding if the extra money needed for a 1M or CSL was worthwhile.
Both 1M and E46 M3 are great cars and I'd happily suggest either. I've put a few miles on both, although not owned them, but for regular use I go with a CS spec M3. A few choice mods, like a Geoff Steel carbon air box and some decent suspension, help make the most of what is a hugely capable chassis but also increase the fun element.
I've never been too swayed by values or investment potential. I buy cars to drive and enjoy.
I've never been too swayed by values or investment potential. I buy cars to drive and enjoy.
Tdgti said:
Basically just echoes what I was saying regarding the current crop of 1m’s not selling.
Yeah but how much of that is due to the car and how much is down to the current economic climate? People want the garage-queen low-milers in the hope of a good return on investment in the future, meanwhile people who are looking for cars to use and have fun with are so used to it being impossible to find a 1M that they've given up looking and modded a 135i instead. The prices on these higher-mile ones are still a lot so I'm guessing are putting people off who want an older car to rag around.
I'd love a 1M but I wouldn't want to pay close to what they were when brand new for one that's been ragged over 80k miles...
vsonix said:
Yeah but how much of that is due to the car and how much is down to the current economic climate?
People want the garage-queen low-milers in the hope of a good return on investment in the future, meanwhile people who are looking for cars to use and have fun with are so used to it being impossible to find a 1M that they've given up looking and modded a 135i instead. The prices on these higher-mile ones are still a lot so I'm guessing are putting people off who want an older car to rag around.
I'd love a 1M but I wouldn't want to pay close to what they were when brand new for one that's been ragged over 80k miles...
You make an assumption that every owner treats their car the same.People want the garage-queen low-milers in the hope of a good return on investment in the future, meanwhile people who are looking for cars to use and have fun with are so used to it being impossible to find a 1M that they've given up looking and modded a 135i instead. The prices on these higher-mile ones are still a lot so I'm guessing are putting people off who want an older car to rag around.
I'd love a 1M but I wouldn't want to pay close to what they were when brand new for one that's been ragged over 80k miles...
While I do give my E46 M3 stick it is only
1) When the engine is warm
2) When the circumstances allow me to
3) When I really fancy it.
that's about 5% of the time. Some would argue it's a waste but TBH the plethora of dicks out there trying to be Collin McCrae does mean I am defensive these days in my driving style.
I'd love a 1M, stumped for an E46 M3 because I could keep and run it alongside my other car (rather than sell up). I do think the M2 will eventually knock the 1M prices to an extent, its essentially a very similar car in mass numbers. I'll happily state i'd prefer a like for like 1M, but when (not if) the M2's get down to the 20k~ marker I can't see many still shelling out 40k+ for the 1M. I certainly won't
SebringMan said:
vsonix said:
Yeah but how much of that is due to the car and how much is down to the current economic climate?
People want the garage-queen low-milers in the hope of a good return on investment in the future, meanwhile people who are looking for cars to use and have fun with are so used to it being impossible to find a 1M that they've given up looking and modded a 135i instead. The prices on these higher-mile ones are still a lot so I'm guessing are putting people off who want an older car to rag around.
I'd love a 1M but I wouldn't want to pay close to what they were when brand new for one that's been ragged over 80k miles...
You make an assumption that every owner treats their car the same.People want the garage-queen low-milers in the hope of a good return on investment in the future, meanwhile people who are looking for cars to use and have fun with are so used to it being impossible to find a 1M that they've given up looking and modded a 135i instead. The prices on these higher-mile ones are still a lot so I'm guessing are putting people off who want an older car to rag around.
I'd love a 1M but I wouldn't want to pay close to what they were when brand new for one that's been ragged over 80k miles...
While I do give my E46 M3 stick it is only
1) When the engine is warm
2) When the circumstances allow me to
3) When I really fancy it.
that's about 5% of the time. Some would argue it's a waste but TBH the plethora of dicks out there trying to be Collin McCrae does mean I am defensive these days in my driving style.
Tdgti said:
Autotrader and pistonheads have quite a few up for sale currently that are not selling
And that’s a fact.
Last year traders struggled to sell any they had and were forced to lower the prices
Just to move them on fact.
Two extremely low mileage obviously collectors cars at 6k and 2.7k both are pounds
Under 60k are not selling fact.
Slightly higher mileage cars at 22k to 35k priced at 46-48k are not selling fact.
Slightly higher mileage again 45k -60k priced at 40k-42k are not selling fact.
The only 1m cars that sold recently are the extremely high mileage cars with 90k
And above on the clock and both sold for around the 30k mark fact.
Check the markets mate ??
Tdgti - You read a lot like somebody who is talking the market down because they want to buy one. The fact that you seem to know all of the prices of cars sold seems to support that.And that’s a fact.
Last year traders struggled to sell any they had and were forced to lower the prices
Just to move them on fact.
Two extremely low mileage obviously collectors cars at 6k and 2.7k both are pounds
Under 60k are not selling fact.
Slightly higher mileage cars at 22k to 35k priced at 46-48k are not selling fact.
Slightly higher mileage again 45k -60k priced at 40k-42k are not selling fact.
The only 1m cars that sold recently are the extremely high mileage cars with 90k
And above on the clock and both sold for around the 30k mark fact.
Check the markets mate ??
I often see people take really negative views on car prices and it makes me think that they have an agenda. Or perhaps an axe to grind or jealousy or something along those lines.
- justsaying
Tommie38 said:
Tdgti said:
Autotrader and pistonheads have quite a few up for sale currently that are not selling
And that’s a fact.
Last year traders struggled to sell any they had and were forced to lower the prices
Just to move them on fact.
Two extremely low mileage obviously collectors cars at 6k and 2.7k both are pounds
Under 60k are not selling fact.
Slightly higher mileage cars at 22k to 35k priced at 46-48k are not selling fact.
Slightly higher mileage again 45k -60k priced at 40k-42k are not selling fact.
The only 1m cars that sold recently are the extremely high mileage cars with 90k
And above on the clock and both sold for around the 30k mark fact.
Check the markets mate ??
Tdgti - You read a lot like somebody who is talking the market down because they want to buy one. The fact that you seem to know all of the prices of cars sold seems to support that.And that’s a fact.
Last year traders struggled to sell any they had and were forced to lower the prices
Just to move them on fact.
Two extremely low mileage obviously collectors cars at 6k and 2.7k both are pounds
Under 60k are not selling fact.
Slightly higher mileage cars at 22k to 35k priced at 46-48k are not selling fact.
Slightly higher mileage again 45k -60k priced at 40k-42k are not selling fact.
The only 1m cars that sold recently are the extremely high mileage cars with 90k
And above on the clock and both sold for around the 30k mark fact.
Check the markets mate ??
I often see people take really negative views on car prices and it makes me think that they have an agenda. Or perhaps an axe to grind or jealousy or something along those lines.
- justsaying
Bayerische said:
Tommie38 said:
Tdgti said:
Autotrader and pistonheads have quite a few up for sale currently that are not selling
And that’s a fact.
Last year traders struggled to sell any they had and were forced to lower the prices
Just to move them on fact.
Two extremely low mileage obviously collectors cars at 6k and 2.7k both are pounds
Under 60k are not selling fact.
Slightly higher mileage cars at 22k to 35k priced at 46-48k are not selling fact.
Slightly higher mileage again 45k -60k priced at 40k-42k are not selling fact.
The only 1m cars that sold recently are the extremely high mileage cars with 90k
And above on the clock and both sold for around the 30k mark fact.
Check the markets mate ??
Tdgti - You read a lot like somebody who is talking the market down because they want to buy one. The fact that you seem to know all of the prices of cars sold seems to support that.And that’s a fact.
Last year traders struggled to sell any they had and were forced to lower the prices
Just to move them on fact.
Two extremely low mileage obviously collectors cars at 6k and 2.7k both are pounds
Under 60k are not selling fact.
Slightly higher mileage cars at 22k to 35k priced at 46-48k are not selling fact.
Slightly higher mileage again 45k -60k priced at 40k-42k are not selling fact.
The only 1m cars that sold recently are the extremely high mileage cars with 90k
And above on the clock and both sold for around the 30k mark fact.
Check the markets mate ??
I often see people take really negative views on car prices and it makes me think that they have an agenda. Or perhaps an axe to grind or jealousy or something along those lines.
- justsaying
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