1M - Still safe to take the plunge at current prices?

[MrGrump]

There are a few cars for sale at present that seem to be sticking around white seeming to be the least desirable. Being sad and also being very keen to buy one of these I've been looking now since the start of the year and prices have certainly crept up, maybe Chris Harris to blame (well for buyers anyway not sellers!) Are the best examples with the lowest miles always going to demand a price tag of 50k+ ? It would be really good to think that the car its a safe place to keep your money. I think they are very cool indeed and the fact that only proper petrol heads would have a clue what it was appeals even more. To your average man in the street i would just be a sad middle aged man in an orange 1 series coupe!

[donutskidmark]

repeat /double post.

Edited by donutskidmark on Friday 11th August 09:30

[donutskidmark]

If you plan to put some miles on the clock I'd be reluctant to pay top whack from a dealer.
There are 2 or 3 Valencia Orange cars on PH being listed for sale privately- especially if they were originally sold with the 5yr service pack (you know they've been serviced properly) I'd have no qualms buying private and saving some dough.
Epic to drive and rare to see on the road- go for it !

[Mitch911]

They are great cars. I bought mine at the start of this year and don't regret paying current prices. You have to drive one or two to get them.

Having said that, I think prices are toppy but that is true across the board at the moment.

[Lewybega]

I can't imagine these losing their appeal and thus dropping in value. The release of the M2 hasn't affected values of 1m. If they did lose some value it'll probably be down to the whole of the car market conditions so you would experience the same problem with other cars that have traditionally been resistant to depreciation. The 1m is obviously a rare car with a following, so should always have a certain appeal.

[donutskidmark]

Mitch911 said:

They are great cars. I bought mine at the start of this year and don't regret paying current prices. You have to drive one or two to get them.

Having said that, I think prices are toppy but that is true across the board at the moment.

Did you go from a 911 to a 1M?
Do you use the 1M as a daily driver?

[Mitch911]

donutskidmark said:

Did you go from a 911 to a 1M?
Do you use the 1M as a daily driver?

Sort of, i had a couple of 911s along the way. The 1M was more of a replacement for a Z4MC. I don't drive daily but its my weekend car; makes for a great all rounder, perfectly comfortable but also really good fun to drive when the chance arises. I find it a lot more fun than a 911, not better, just different

If you are looking, The Hairpin Company seem to have a nice white one with reasonable miles (pointless buying a low mileage one IMO) and a sensible price tag.