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      04-06-2014, 10:31 PM   #1
Stratus650
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Autoblog: 2011 BMW 1 Series M Coupe now more expensive than when new

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What a nice article to start your day with

Quote:

By Seyth Miersma
Posted Apr 6th 2014 3:29PM

At the end of the day, your friendly Autoblog editors are car guys, just like you. So, while we might have more of an opportunity to test some of the most interesting vehicles on the new car scene than does your average gear head, we can still be found whiling away those long afternoon hours looking at used cars and thinking about what could be.

Just the other day, we had a vivid reminder about one of our dream cars from the very recent past, the 2011 BMW 1 Series M Coupe. If you didn't catch it, Michael Harley had a great time testing and reviewing the new Dinan S3-R version of the car, which throws an impressively engineered turbo and suspension tune on a BMW that was damn near perfect out of the box.

In the Comments section of that review, a few savvy Autoblog readers pointed out that our estimated price for a used donor car, set at $50,000, was low. Odd, we thought, as the car retailed for less than $50k ($46,135) when it was new in 2011. So we started checking around.

With only 740 units sold in the US to begin with, finding data on 1MC sales is a bit dicey, but here's what we know. We tracked down about 20 cars currently on sale, by way of major used auto sales websites, and found an average asking price of a whopping $61,670 with an average mileage of about 11,600 on the clock. That's more than $15,500 over the MSRP when new, or an appreciation of around $5k per year.

The best deal we could locate was a 14k-miler for $55,500; the most expensive being $65,991 with just 8,800 miles. Those numbers are just about right on based on the industry standard Black Book, too, which calls the retail value in California, for instance, at an even $60,000 for an "Extra Clean" car. Talk about an investment we can get behind..
.
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      04-07-2014, 02:38 AM   #2
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      04-07-2014, 05:06 AM   #3
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Wow and they say cars are a bad investment.
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      04-08-2014, 11:15 AM   #4
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Welp it's looks like my goal of ever owning a 1M is going down the drain. :
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      04-08-2014, 11:15 AM   #5
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Quote:
Originally Posted by 1M SUSI
Wow and they say cars are a bad investment.
Agreed but it was more informed dumb luck with the retirement of the model. The M2 will be the best selling m car when it does arrive IMHO.
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      04-08-2014, 11:16 AM   #6
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Old news...

Great car, but not worth $60k. (but to a few they are.)
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      04-08-2014, 11:17 AM   #7
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What can I say? It's a badass lil car. It's great how they are holding and/or exceeding their value.
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      04-08-2014, 11:28 AM   #8
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what's so nice? now my dream of owning a 1M is turning into a ridiculous one
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      04-08-2014, 11:28 AM   #9
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Jesus... I'd buy at $61000. In canada they're $70000 + tax
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      04-08-2014, 11:36 AM   #10
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I sold my 1M for $55k to my dealer and they are asking for $65k now
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      04-08-2014, 11:41 AM   #11
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Quote:
Originally Posted by ALPINA B5 View Post
what's so nice? now my dream of owning a 1M is turning into a ridiculous one
agreed....i'm deviating away from the idea now. i think owning a 135is has given me SOME of the flavour, albeit not as great as the 1M surely.....but i'm getting it out of my system.

I am fairly sure, however, that plenty of 1Ms will hit the market right when the M3 becomes available.....and when the M2 details come out you will see loads of them-----but i have a feeling i will be more interested in the M2 by then too, sadly!
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      04-08-2014, 12:03 PM   #12
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Give it a couple of years. Once the M2 is out the 1M's will be popping up on Craigslist and eBay again.
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      04-08-2014, 12:05 PM   #13
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      04-08-2014, 12:06 PM   #14
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Can anyone fill me in on what's so desirable about these? I haven't driven one, but I see them all over NYC and they look great in person.

What gives?
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      04-08-2014, 12:08 PM   #15
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      04-08-2014, 12:09 PM   #16
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Quote:
Originally Posted by spuntyb View Post
Can anyone fill me in on what's so desirable about these? I haven't driven one, but I see them all over NYC and they look great in person.

What gives?
Limited edition and smaller engine but just as fast an e92 M3 ....
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      04-08-2014, 12:14 PM   #17
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Quote:
Originally Posted by spuntyb
Can anyone fill me in on what's so desirable about these? I haven't driven one, but I see them all over NYC and they look great in person.

What gives?
Best car I have owned out of 40 from BMW, Porsche , Merc and Aston Martin. Has a real edge to it, more than enough power and handles fantastically. Keeping mine forever. M2 will make no difference to values as BMW don't intend to limit supply and that car will start off nearer £50k or. $70k.
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      04-08-2014, 12:15 PM   #18
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Quote:
Originally Posted by Powaup
Quote:
Originally Posted by spuntyb View Post
Can anyone fill me in on what's so desirable about these? I haven't driven one, but I see them all over NYC and they look great in person.

What gives?
Limited edition and smaller engine but just as fast an e92 M3 ....
Nice. Now I get it.
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      04-08-2014, 12:18 PM   #19
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Just wait till the M2 drops. If it's as good as everyone hopes then it should help drop the price of the 1M some.
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      04-08-2014, 12:29 PM   #20
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Quote:
Originally Posted by alpinweiss 335i View Post
Give it a couple of years. Once the M2 is out the 1M's will be popping up on Craigslist and eBay again.
+1
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      04-08-2014, 12:29 PM   #21
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I think it has hit the peak, until the M2 comes out that is
I adore the 1M Coupe, it will be as historical as the E30 or E46 M3.
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      04-08-2014, 12:32 PM   #22
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20 on-sale now?? thats the highest i've heard since... ever! This might represent the expected "mass exodus" towards the new M3/4 frequently quoted by non-owners. You guys are prophets!!
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