Trade 2013 135i for 1M

[metblkbmw]

Hi Guys, would appreciate some feedback and opinions.

I have a beautiful 135i with about 7,000miles, BSM, black leather with blue stitching, m wheels, five spoke, m sport seats and suspension, car is beautiful. I can trade it in on 1m with a
little more miles probably in equal shape, Valencia Orange, fully loaded. Has been in a small scrape about 1500 dollars damage, which they have receipts for; Sounds minor. Is it worth coming up with about 45,350 Cdn, 33,900 U.S. for this trade? Would love to know what the members here think. Thank you, John



Price of the 1M is 82,000cdn. They are offering me 36630 for my trade. My car 2013 bmw 135i , mileage very similar. No accident history on my 135i.
My 135i does have a six speed, no sunroof, navi, M sports seat and suspension,
Boston leather with blue stitching. Black metallic. Thank you for the feed back so far, very helpful to have insight.
I love the 1M for its uniqueness. I know if it is taken care of, resale should be excellent.

[champignon]

Let's say the 1M is worth $55K US, maybe $60K US, assuming the mileage is really below 10,000. Let's assume that the story you have been told about the accident with the 1M is basically true, and deduct a little from the value, let's call it $57,500, being generous.

That means they are valuing your 2013 135i with only 7000 miles at around $20K US.

I think that is too low.

[MrRoboto]

Need more info. What is the price of the 1M and what are they offering you for a trade.

[Neiman Levenson]

need more info but keep this is mind - the 135i is losing money everyday, where the 1M is basically gaining money everyday/at least retaining its price. Even if they are valuing your 135i too low, in a couple years time it will probably be even lower where the 1M is likely to appreciate. 1M is like an investment.

[ayao]

I would be cautious about making any assumptions regarding 1M appreciation or massaging the numbers and perceived rarity to justify the purchase/trade. It's a guaranteed recipe for angst and disappointment. In the end it's not a blue chip investment like an Enzo or something -- it's just a BMW 1M.

In the final analysis it's about how the car makes you feel, how it tingles your nerves, and how much you buy into the history and "purity" of the car and its story. These are the only things that will justify the significant outlay of cash.

[c1pher]

I personally wouldn't do it unless you don't plan to drive it and are speculating that its value is going to increase. I will admit that I've never driven a 1M, but I honestly believe you are only missing a fraction of a percent of driving pleasure that could easily be made up with a tune and stickier tires. No offense or disrespect to the 1M owners. It is a hell of a car.

Unless you track the M, you just won't notice much difference, unless it's all about bragging rights to own an M car, which some people would say the 1M nor M2 are not truly M cars since they do not have an S coded motor.

For the same money or less (mid $50k USD) you can have a brand new M2 now that the initial craze is over. You can even find CPO M4s in the mid $50k USD price range. And if you're willing to look outside BMW, you can find 2014+ Porsche Caymans at that price or less that will give you more exceptional handling than most any other car.

I love my 135is, but just don't see myself buying a two year older car that essentially has very similar underpinnings despite some of the M3 bits. Don't get me wrong, I would have bought a 1M if I had the opportunity, but don't see myself looking back.

[champignon]

Originally Posted by ayao

I would be cautious about making any assumptions regarding 1M appreciation or massaging the numbers and perceived rarity to justify the purchase/trade. It's a guaranteed recipe for angst and disappointment. In the end it's not a blue chip investment like an Enzo or something -- it's just a BMW 1M.

In the final analysis it's about how the car makes you feel, how it tingles your nerves, and how much you buy into the history and "purity" of the car and its story. These are the only things that will justify the significant outlay of cash.

Not to mention that there are significant transactional costs when changing automobiles, including but not limited to sales taxes, registration fees, and the margins the dealer will take on both sides of the transaction, trade in and sale.

An intermediate solution, given the age and condition of your 2013 135i, would be to upgrade the suspension and perhaps get an engine tune, although it is unlikely you will get any of this cost back on a resale.

I am not so certain that select 1-Series cars will continue along the same depreciation curve they have been on, but I have no data to supply on this. A low mileage, pristine, especially 6MT later model (2012 or 2013) car is the end of the line for this sort of BMW, with hydraulic steering, MT, and overall "fun-to-driveness."

997 model Porsche 911s are apparently appreciating, and there are some signs that the 996s are firming up in price. These 1999 to 2012 cars are similarly the end of the line for Porsche, although their newer cars are still fun to drive, unlike most of the current BMWs.

I would not be surprised to see very good, lower mileage, 128i and 135i vehicles become valued, as more than mere "used cars," as enthusiast cars, and it might not take as long for this to happen as some assume. This is because with the exception of the M2, we are really at the end of the line for fun to drive BMW production.

[metblkbmw]

Thanks for your imput. The taxes are a killer! Still deciding what to do.
Waiting is not a bad option!

[champignon]

Originally Posted by metblkbmw

Thanks for your imput. The taxes are a killer! Still deciding what to do.
Waiting is not a bad option!

I have never missed out on a used car deal and regretted it later, but I have jumped on some deals too quickly that I later regretted.

[HawkeyeGeoff]

Originally Posted by Ne1man35

need more info but keep this is mind - the 135i is losing money everyday, where the 1M is basically gaining money everyday/at least retaining its price. Even if they are valuing your 135i too low, in a couple years time it will probably be even lower where the 1M is likely to appreciate. 1M is like an investment.

Agreed with this guy. They're insanely rare.

I just bought a 09' 135i w/ 72k, nav, sunroof, and a few mods for 12k. Arizona car. If that doesn't give you a little incentive to get this done, I do not know what will.

I'm sure a lot of people do not want to hear this, but the 135 is going to get even cheaper as they age. It got cheap enough for me to build a track car out of it which is A-okay by me.

Edit: Also, you have a n55...I think you'll get your rocks off much more with a N54. Just be prepared for a little extra maintenance.

[Neiman Levenson]

Originally Posted by HawkeyeGeoff

Agreed with this guy. They're insanely rare.

I just bought a 09' 135i w/ 72k, nav, sunroof, and a few mods for 12k. Arizona car. If that doesn't give you a little incentive to get this done, I do not know what will.

I'm sure a lot of people do not want to hear this, but the 135 is going to get even cheaper as they age. It got cheap enough for me to build a track car out of it which is A-okay by me.

Edit: Also, you have a n55...I think you'll get your rocks off much more with a N54. Just be prepared for a little extra maintenance.

Yep, thats exactly my thought process. Some enthusiasts might see the last 135i's as special but some also see the first ones as special with the N54. Ultimately, I think no 135i's will ever be special enough to stand out and not depreciate as hard as other model 135i's (except the 135IS). By the time 2013's are as old as 2008's are now, they will depreciate just as much as 2008's have now. Nothing is going to stop a 2013 135i from depreciating esp when it has the same engine as the 235i (n55) But the 1M on the other hand is a whole different story.

[champignon]

Originally Posted by Ne1man35

Yep, thats exactly my thought process. Some enthusiasts might see the last 135i's as special but some also see the first ones as special with the N54. Ultimately, I think no 135i's will ever be special enough to stand out and not depreciate as hard as other model 135i's (except the 135IS). By the time 2013's are as old as 2008's are now, they will depreciate just as much as 2008's have now. Nothing is going to stop a 2013 135i from depreciating esp when it has the same engine as the 235i (n55) But the 1M on the other hand is a whole different story.

I personally think it is unlikely that the 135is will depreciate significantly differently than the 135i. The 135is was a port modified car for the American market, but it can be easily duplicated with stock parts, other than for the extra engine cooler which I believe is out of production, but could probably be duplicated in some other way.

I happen to own a 135is convertible that is extremely low miles and one of only 40-something that were made with a manual transmission. Still, I think they will depreciate more or less along the same trajectory as the 135i does.

The engine in the 1M (I own one of these as well) is similarly not anything all that special from what I have read, in fact that engine is one reason why some BMW aficionados refuse to accept the 1M as a "true M car," since it is just a modified version of the N54 common to all earlier year 135i vehicles. I doubt sincerely that someone who is determined to do so could not produce as much performance out of a garden variety N54 or N55 with modest modifications.

The 1M is a great package, don't get me wrong, and perhaps they will really appreciate in the future, but I think this is really only going to be true if you keep it pristine and drive it very little, don't track it, and keep the miles low.

Just go out looking for a pristine, very low mileage, never tracked, E46 M3 and tell me what you come up with; not much. The same will be true of 135i cars in a similar condition in a few years, in part because they were cheap enough to abuse so most of them will have been abused by then, and what exactly is the replacement for that sort of car in the current new car marketplace and in the future? Good luck is all I can say!

[Neiman Levenson]

Originally Posted by champignon

....and what exactly is the replacement for that sort of car in the current new car marketplace and in the future? Good luck is all I can say!

a 235i or 240i

[Dee Pee]

I put a scratch on my front left fender a month after purchase (car was way wider than my R53 Mini) that required a repaint. My right rear bumper also got scuffed by an idiot in my building that was also repainted. I could give a rosey rat's ass about whether it will affect resale bc I have no intention of selling the car and neither should you. 1M's are a commodity and only getting rarer. They won't be able to duplicate the magical conditions that brought this beast to life and gave it such a unique character. Many reviewers still prefer the 1M to the M2 (see Chris Harris et al)...
If the repairs were done correctly and the car is mechanically sound with records, then pull the trigger. You won't regret it.

[metblkbmw]

Thanks Dee Pee, appreciate the imput. I believe the 1M is a special car.

[ilikebmxbikes]

i think you could likely sell your 135is and get a 1M for about 25k more.

[champignon]

Originally Posted by Ne1man35

a 235i or 240i

they suck

[metblkbmw]

Champignon, I have no interest in a new Bmw. It will be the 135 I have or the 1M.

[etr2016]

The only way to verify the accident claim is with a paint depth gauge - if the fenders show evidence of paint work their claim is BS.

[Luca335]

Originally Posted by metblkbmw

Hi Guys, would appreciate some feedback and opinions.

I have a beautiful 135i with about 7,000miles, BSM, black leather with blue stitching, m wheels, five spoke, m sport seats and suspension, car is beautiful. I can trade it in on 1m with a
little more miles probably in equal shape, Valencia Orange, fully loaded. Has been in a small scrape about 1500 dollars damage, which they have receipts for; Sounds minor. Is it worth coming up with about 45,350 Cdn, 33,900 U.S. for this trade? Would love to know what the members here think. Thank you, John



Price of the 1M is 82,000cdn. They are offering me 36630 for my trade. My car 2013 bmw 135i , mileage very similar. No accident history on my 135i.
My 135i does have a six speed, no sunroof, navi, M sports seat and suspension,
Boston leather with blue stitching. Black metallic. Thank you for the feed back so far, very helpful to have insight.
I love the 1M for its uniqueness. I know if it is taken care of, resale should be excellent.

Is this the one from Blue Star? ICBC should have record of the repair if the claim was done through them. There are only 220 in Canada, I know one was written off during the Calgary flood, and several 1Ms were brought to US from Canada by forum members here. It is a rare car in Canada, I only see a 1M in Vancouver only once or twice a year. I was not interested in the 1 series at all but when I saw the 1M I was sold.

[MrRoboto]

Originally Posted by metblkbmw

Thanks for your imput. The taxes are a killer! Still deciding what to do.
Waiting is not a bad option!

You only pay GST correct? 5% isn't much of an issue. Don't forget you only pay tax on the amount less your trade in.

[metblkbmw]

Hi MrRoboto,

I would pay gst and pst and because it is over I believe $50,000
The pst is 10 percent. 15 percent total of either cost of car minus
trade in, or if no trade in, 15 percent added to the price of the car.