Is 1M price holding or even going up after the release of M2?

champignon · 04-16-2016, 04:23 PM

Quote:

Originally Posted by kjmez

Hello guys - it's been about 3 years since I last posted... Thinking about selling and wanted to get some thoughts... I wonder if any of you are still on here from when I first picked it up 4 and a bit years back...

Sorry, we are not here and we did not read your post so we can't respond. The Toyota Camry is the new "go to" car.

Our apologies.

kjmez · 04-16-2016, 04:30 PM

Helpful - thanks. At least I know you are not there.

champignon · 04-17-2016, 12:57 AM

Quote:

Originally Posted by kjmez

Helpful - thanks. At least I know you are not there.

koastal · 04-25-2016, 02:27 AM

Quote:

Originally Posted by champignon

Exactly. I'm in between because I have a lot of cars right now and my 1M is my trophy car. I'll drive it a couple thousand miles a year, and have my 135i and 135is convertible to fall back on when not driving the 1M, a pretty enviable position to be in if I may say so :-)

s

Having a trophy car and barely driving it is akin to having a trophy wife and not sleeping with her.

You have 3 x 1 series ? ...... If so why ?

champignon · 04-25-2016, 03:12 AM

Quote:

Originally Posted by koastal

Having a trophy car and barely driving it is akin to having a trophy wife and not sleeping with her.

You have 3 x 1 series ? ...... If so why ?

2 is an unlucky number?

Jet Mech · 04-25-2016, 09:40 AM

Quote:

Originally Posted by koastal

Having a trophy car and barely driving it is akin to having a trophy wife and not sleeping with her.

You have 3 x 1 series ? ...... If so why ?

But when you do sleep with the trophy wife, it's the best. If you sleep with your trophy wife every night, you would eventullay get bored and find another trophy wife.

cc3 · 04-27-2016, 09:48 PM

Quote:

Originally Posted by idk alex

Quote:

Originally Posted by champignon

The truth is that you have no clue about this. Asking prices do not equal selling prices.

Last year when I was looking there were quite a few 1Ms with (to me) ridiculous asking prices $10K or more over the original MSRP. I did not see any of them selling, being as they were perpetually for sale. There were a few 1Ms without huge mileage that were listed for sale in the $45 to $50K range, and those did appear to sell, at least many of them did.

I haven't been looking at this market since I bought my 1M about a year ago. If all that has happened is that the ridiculously priced non-selling vehicles are no longer listed, this doesn't mean anything when it comes to determining actual selling prices. Only actual sales prices matter, and I don't know of anyone who has reliable data on that score.

I think you misinterpreted the point I tried to convey...

There will always be pristine examples commanding premiums, but I've noticed prices have dropped across the board from pristine low mileage cars to beat high mileage cars.

What Im saying is, I see the 1M's dropping in value but not below a certain threshold. Trust me I'm #Team1M before Im #TeamM2 , but for a lot of buyers the M2 is going to push the price of the 1M down and shrink the market.

Highest price for a 1M I have seen

http://www.pistonheads.com/classifie...11/5593876?v=b

Iceman21 · 04-27-2016, 10:18 PM

So its been sitting around for six odd years...isnt that bad for the car?

04-16-2016, 04:30 PM	#134
kjmez Private First Class 15 Rep 173 Posts Drives: 1 Series M Coupe Join Date: Aug 2011 Location: UK iTrader: (0)	Helpful - thanks. At least I know you are not there.
	Appreciate 0 Quote

04-27-2016, 10:18 PM	#140
Iceman21 Private First Class 27 Rep 171 Posts Drives: 1M Coupe Join Date: Jan 2015 Location: Pin iTrader: (0)	So its been sitting around for six odd years...isnt that bad for the car?
	Appreciate 0 Quote