1M prices

[tom_b]

Originally Posted by kaitan

1M sold for $90k!!! WOW

Was that yours that just sold...?

That's 2 that have sold around the $90K mark in the last couple of weeks. Both low km's, of course....

[kaitan]

Originally Posted by tom_b

Was that yours that just sold...?

That's 2 that have sold around the $90K mark in the last couple of weeks. Both low km's, of course....

Nah not mine mate.

[martymil]

Originally Posted by gmx

Finally pics up for this one coupled with a big price. Decent mileage too.
https://www.carsales.com.au/private/...g_4=PriceAlert

And its a repairable write off, don't know if it can be registered in NSW now we know why its so cheap
So its not such a decent cheap buy, if anything to expensive.

[kaitan]

Originally Posted by martymil

And its a repairable write off, don't know if it can be registered in NSW now we know why its so cheap
So its not such a decent cheap buy, if anything to expensive.

How did you know that it's Repairable write off??

I'm thinking of letting go mine. Hardly driven and such a waste of space in the garage

[martymil]

Friend done a vin check on it as he was thinking of getting it

[woosh]

^Yeah it's a little on the high side when you consider that the white stolen-repossessed 1M sold for $52k last year (engine light was on, among other issues).

And yes it can be rego'd in NSW once it has been registered in another state for at least 12 months (otherwise another inspection in NSW is needed).

[tom_b]

New listing on carsales. Might belong to someone on here.....?

https://carsales.mobi/cars/details/B...SSE-AD-4621010

[Dave-A]

Originally Posted by tom_b

New listing on carsales. Might belong to someone on here.....?

https://carsales.mobi/cars/details/B...SSE-AD-4621010

Crazy money!

[kaitan]

Originally Posted by Dave-A

Crazy money!

yup it is.

[tom_b]

This up to $94K from $86K..

https://carsales.mobi/cars/details/S...g_4=PriceAlert..

Been toying with the idea of letting mine go. 7,500km and presents like a new car. Thinking what's a reasonable price to expect.

[kaitan]

Originally Posted by tom_b

This up to $94K from $86K..

https://carsales.mobi/cars/details/S...g_4=PriceAlert..

Been toying with the idea of letting mine go. 7,500km and presents like a new car. Thinking what's a reasonable price to expect.

deposit taken on the $108k

[tom_b]

That's it, I'm putting my on for $110K lol. It's basically a new car

[thezone135i]

That's it I'm putting a 1m badge on my 135i and selling it for at least $50k!

[Dave-A]

Originally Posted by kaitan

deposit taken on the $108k

At what price?

[T1M]

Originally Posted by Dave-A

At what price?

You'll never know for sure, but I know who the owner was and he didn't need to sell, so I can't imagine him taking much off.

[kaitan]

Originally Posted by T1M

You'll never know for sure, but I know who the owner was and he didn't need to sell, so I can't imagine him taking much off.

Does the owner have several Porsche GTs?

[T1M]

Originally Posted by kaitan

Does the owner have several Porsche GTs?

[AmazingJr]

Anyone else here who isn't from Australia reading this whole thread in an Aussie accent?

Damn cars are expensive in Australia lol

[OzWoz]

Originally Posted by AmazingJr

Anyone else here who isn't from Australia reading this whole thread in an Aussie accent?

Damn cars are expensive in Australia lol

Weirdly enough, we rarely LOL when thinking about car prices, but yeah, you're spot-on!. There are other benefits though, just not the automotive kind.

[NPVPositive]

Wonder if 1M prices have bottomed out in Australia and may be starting to gently climb?

We've always been a strange market because Australia received so many cars per capita compared to the US or UK. In the past there have usually been ~15 cars available on the market at any given time.

Now there are only 8 x 1Ms for sale . . . perhaps all the positive comparisons with the M2 and recent glowing reviews from Chris H/Greg M, etc, are creating a sense that this is a more collectable BMW than some had previously believed?

In the US and UK these cars are definitely moving up in price and are selling for more than original list. Don't think we're there yet (A$110k-$120k is a big number) but I doubt Aussie prices will ever be lower than they are now.

[asn993]

Agreed.I was gearing up for a potential purchase 4 or 5 months ago and sub $50k was possible and sub $55k was more achievable.

Now there is pretty much nothing under $60k

I think only high mileage or repaired write offs are going to be the "bargains" from now on.

[thezone135i]

Problem with that is, if you own one and you think its going up in value, how do you get in it and drive it, knowing you might be devaluing it by the km?

Don't have that problem with mine, just drive it at every opportunity. Cant take it with you!