Autoblog: 2011 BMW 1 Series M Coupe now more expensive than when new

[M3 Adjuster]

Originally Posted by skunkd

as soon as an m2 is announced the value will drop hard.

You guys better sell before the M2 comes out cause it's gonna blow the doors off the 1M in looks and performance.

which is worth more today.

An E30 M3 or an E46 M3 ?

An E36 M3 lightweight (CSL) or an E46 M3 ?

An E36 M3 lightweight or a low mileage E9x M3 ?

An E46 M3 CSL or an E9x M3?



When a new model comes out.. the older models do drop a little.. but in all the examples above... the car in the first part of the sentence has higher value.

Will 1M values drop when the M2 comes out? perhaps slightly.. but what will happen to the M2? As they are mass produced (ala E9x) then they will be very common. The 1M will still be just as rare or rarer.

Sure.. the performance of the M2 will exceed the 1M... just as the performance of the newer cars exceeds the older cars in the examples above... and yet... the older model still retains a higher value.


The BMW 2002 Tii, the E30 M3, the E36 M3 lightweight, S54 Z3 M coupe and roadster, E46 M3 CSL and 1M are all in a unique class of their own among used BMW models. Each was a limited edition model or had a short production run. All are rare and have *extraordinary* value in the used market.

[M3 Adjuster]

Originally Posted by IEDEI

not true at all.....E30 M3s were not very expensive in the 90s....could find them fairly easily under $10k.

I bought my E30 M3 in 1993 with 41K miles for 21K. Values in the late 90s dropped a little but google the "15K rule" for the E30 M3 and you will find that most cars dropped to a low point of about 15K. if the car was significantly less than 15K.... the common rule of thumb is that the buyer eventually will end up spending 15K to make the car a decent example.

It wasnt very long into the late 90s and early 200s when E36 M3s began dropping lower than the E30 M3. today E36s are a fraction of the price, and E30 M3s have been worth more than E36 M3s for many years..... Decades actually.. and of course.. they are now worth more than most E46 M3s....

[bradleyland]

Originally Posted by Redadair

The M2 will Never be a collectors car, mas produced will always depreciate. The 1M was a test car for the M group to define a market below the M3. It was designed to be a Limited edition car, even though it wasn't advertised that way.

The 1M will always be a limited number Collectors car. And there will always be a Collectors market for the car.

Best BMW I have ever owned and I have owned them for almost 40 years.

Originally Posted by iatros

I've driven my friends 1m, and I was amazed! I agree with those who say the value will be stable despite the m235 or m2. The 1m is a niche car and is rare. The potential m2 will likely be mass produced and will depreciate just as any mainstream production car will. I don't think it will matter if the m2 is a few tenths faster in the quarter mile...it still won't change the rarity and thus the appeal of the mythical 1m.

I won't dispute that the 1M stands a good chance of becoming a collectors' car. With only 740 delivered to the US, the positive reception, and the bespoke nature of the car, it's virtually assured. But that's not really what I was saying. I'm saying that I believe the market value of the 1M will take a hit because of changes in market conditions.

You can't focus on individuals when making market prognostications. The 1M won't change. It will still be a fantastic car, and it will still be a car worth keeping.

What I'm saying is that there is a portion of the buyer population who seek a 1M today, but will not when the M2 comes out. That's a reduction in demand, and thus would result in a reduction in selling price if the supply remains stable.

That doesn't mean the 1M won't be a collectors car, and it doesn't mean anyone should sell theirs if they love it. What it does mean is that it's unlikely (not impossible) that support for current sale prices will be maintained as the buyer population is reduced by availability of new models of a similar formula.

[spuntyb]

Originally Posted by IEDEI

"see them all over NYC"....uhhh....what? do you live in the same NYC i live in?

Maybe I just saw the same car but I just happened to catch it on different occasions? It was the orange color - saw one on the WSH and once near my neighborhood a few months apart. I didn't catch the plates either time, so who knows. So yeah, not all over the place - make that twice.

[Hobbe]

The 1M hasn't got any artificial sound
...and most likely one of the last - if not the last - M car allowed to run free with all "safety" tools off.

[Pete_vB]

Autoblog has a little section on the 1M on their podcast this week, it can be found here around 1:12 in: http://www.autoblog.com/2014/04/08/a...g-podcast-375/
Some quotes on the 1M Coupe:

• "Let's talk about a car I love and miss terribly."
• "It's selling for a higher price than it did as a new car." "As well it should."
• "The 1M might be the best car I have ever driven."
• "I would trade (a 300k Rolls Royce Wrath coupe) in every day for the 1M."
• "The 1M Coupe has that single minded purposefulness... There are fewer and fewer real drivers BMWs now. There are layers and layers between you and (other newer BMW M cars)."
• "It's only going to appreciate..."
• "...you drive away and you just know, and if you didn't know beforehand you drive 500 yards down the road, and it's just different."
• "It absolutely delivers on the M legacy, and in a way that probably nothing will for quite a while."

I wouldn't be too shocked if prices drop with the release of the M2. But my advice if they do: buy one. There is still no car I'd rather daily drive, period. I say this after recently spending time in some spectacular cars, including a GT3 RS 4.0. Cars will continue to get faster and stickier, but this recipe will remain timeless. I look forward to a day, far in the future, when I'm old and my car's got 200k miles on it- it will still be one owner.

[hyperboost]

Originally Posted by toni8284

I sold my 1M for $55k to my dealer and they are asking for $65k now

you should buy back.. lol

[3M TAPE]

Originally Posted by toni8284

I sold my 1M for $55k to my dealer and they are asking for $65k now

That is very sad

[Mnime]

Originally Posted by lcrain

Am I the only one who thinks this car is too fun to speculate or worry about future value?

I'm with u Lawson.

[Z8chP]

Originally Posted by IEDEI

"see them all over NYC"....uhhh....what? do you live in the same NYC i live in?

This.

I do t think this guy is seeing the same car all over the place. Most likely a 135i.

[-Z-]

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?

Now, if you drive a 3 year old car and people give you it means something... It's a unique little beast

[-Z-]

Out of 740 how many left in 3 years? By 2015 there could be 10 for sale, those who bought it to flip it already moved on.

[111R]

Some modern vehicles have seen increased prices for good examples, such as the Lotus Elise/Exige. Only about 6,000 or so were imported, many have been raced/trashed/modded/wrecked, so the remaining good ones are holding their value.

I bought mine 7+ years ago for low 30's with 2k miles on it. I would say that it would easily bring that same amount today. It gets driven every weekend and if I sold it, I don't know what I would replace it with.

The 1M will likely remain a cult car and prices will depend on supply of decent examples for sale and the number of willing buyers, even if the M2 is a hit.

[pkimM3r]

Isnt this old news? They've been +$60k for a couple years now :

[Sparks1M]

Originally Posted by Mnime

I'm with u Lawson.

And me.

There seems to be two very different threads here. One is the non 1M owners telling us that values will drop and / or that the car is not so special.

The other is the 1M owners who don't care about the price and just love their little monsters for how they perform. Value is not just monetary.

I know which camp I am in.

[KevinM]

Yeah, this thread reminds me why I don't have a 1 M. I just cannot get past paying over MSRP for any car (new or used). Now, to be fair, most 1 Ms were fully optioned and closer to $55K list than $45K (the article mentions $15K over list)...and many owners payed a premium over MSRP when new. My buddy owns a 1 M and I've driven it for up to a week at a time. I LOVE this car, such fun. But now the car and tech is 3 years old. As I'm keeping my "old-school" Ms, I want the the latest for the my next addition. If the 1 M had depreciated even slightly I'd probably still buckle, such is my love for the car.

Instead, I'm thinking of trying the F80 M3. More money but it looks to be a spot on car. We'll see. To those of you who own a 1 M - congrats. What a car. Keep it.

[cgeorge]

m2 starts at 55k and out in 2016.. saw literature on it

[FogCityM3]

While I have driven the 1m and was a little underwhelmed by it (turbo lag and clutch), there is no doubt it was a special car and will be all about supply/demand (why the the E36 Lightweights have held value even with new models). The 1M is widely recognized as one of the best BMWs out there and the limited supply will keep prices up (or maybe go higher). Has very little to do with the new 2 series generation being better/faster. Was a one-of-a kind moment in BMW's history with an interesting development path, so good car, good story, and limited supply all make for a coveted car.

[JWC]

come on. car will always drop the value no matter what. But it is not a whole point. The point is you enjoy the car, and the ownership of the car. Some people would still buy it, because I am the one who just got an AW 1M yesterday! I love it, I am gonna ditch my F10 M5 now.

[Stratus650]

Originally Posted by JWC

come on. car will always drop the value no matter what. But it is not a whole point. The point is you enjoy the car, and the ownership of the car. Some people would still buy it, because I am the one who just got an AW 1M yesterday! I love it, I am gonna ditch my F10 M5 now.

Honestly price will not always drop, look at the BMW Z8 for instance. It still has a very high selling price, which is nearly close to its price when new

[TeutonicFlight]

Originally Posted by Stratus650

What a nice article to start your day with

She looks best from the rear

[The Big O]

Originally Posted by IEDEI

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!

Somehow I doubt that. The M2/3 will no doubt be fantastic cars but at the end of the day, when their production runs come to their respective end, they will be replaced by other better updates whereas the 1M itself is irreplaceable. In my country for example there are only just over a 100 and they are still generally priced above retail.

In addition many 1M buyers were already M customers when they bought the car so I simply don't see them dumping the car simply because the new ones are out. I do however anticipate a short term downward price adjustment followed by a long term stable upward price adjustment between the 10th and the 15th anniversary of its release. I myself will certainly never sell my baby, and I have had offers for it.