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      01-31-2017, 06:36 PM   #1
cc3
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1M prices still going up

This is the highest price I have seen

http://www.pistonheads.com/classifie...-m-2dr/6749416
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      01-31-2017, 09:02 PM   #2
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I suspect all of the positive reviews and respected folks comparing the 1M to M2 has boded well for 1M values. Or perhaps they are simply becoming harder to find with low miles and unmolested. All speculation...
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      01-31-2017, 11:37 PM   #3
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i agree, mostly speculation, i think the car is special for the folks who really appreciate it, but you'd have to be a little delusional to want to buy the car, regardless of how clean it is, at any price higher than the cost of a new m2
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      02-01-2017, 07:18 AM   #4
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What a retarded comment to make.
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      02-01-2017, 07:47 AM   #5
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What a retarded comment to make.
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      02-02-2017, 11:35 AM   #6
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I'd probably pay that for a white one in that shape that was a California car. Demand and availability. Having mine appraised for insurance next week. Switched to homeowners auto coverage so I could get agreed value on the car. My old carrier would only give me 34k for it if stolen or totaled. We will see what he says. BMW Dealer said 48 was the replacement number for mine-8K miles on it and total stock. I think the market number is 55k for Mint low mile (under 10k) second owner cars.. They are only going to be more difficult to replace.
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      07-21-2017, 09:05 PM   #7
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Is it me or are prices going down rather quickly lately?
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      07-21-2017, 09:15 PM   #8
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It’s the M2 effect. The 1M was the only one of its kind and the M2 is a newer version of it. Plus, 1Ms are collecting miles unless they sit in a garage. I still think they will eventually appreciate, but not for another 10-15 years.
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      07-21-2017, 10:45 PM   #9
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Quote:
Originally Posted by MINInDalila View Post
Is it me or are prices going down rather quickly lately?
It's just you
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      07-22-2017, 08:13 AM   #10
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Originally Posted by E30 Racer View Post
Quote:
Originally Posted by MINInDalila View Post
Is it me or are prices going down rather quickly lately?
It's just you
I'd love to be wrong (I have one and hoping to keep it for a long time) but I really get a sense that it's depreciating.
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      07-22-2017, 09:15 AM   #11
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I would not sell mine for less than 70k. There are probably less than 700 units in the USA that have not been wrecked at this point. We were losing them at about one a month at one point.
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      07-23-2017, 07:53 PM   #12
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I wouldn't be surprised that we see a drop and then in a few years a bump. The M2 market continues to become slowly saturated and those who have driven the cars know of the distinction between the two. Give it ten years and with the modern combustible engine dwindling we will see a bump followed be a consistent increase year after year. Frankly we have all been spoiled. The car has only been out 6 or so years. Everyone just got used to its market value based on short term consumer influences. I would expect it to drop and then bump now like most newly made highly sort after cars to be collector cars.

As to m3kerry point. I agree in that there are definitely fewer cars and I wouldn't be surprised that in 10 years there will be 800 or so in the Western hemisphere. As regulations become more stringent it will be less advantageous for someone to ship across the Atlantic and put it on the road.
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      07-29-2017, 11:16 AM   #13
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Quote:
Originally Posted by digwm1 View Post
i agree, mostly speculation, i think the car is special for the folks who really appreciate it, but you'd have to be a little delusional to want to buy the car, regardless of how clean it is, at any price higher than the cost of a new m2
After your M2 @ COTA Driving experience... now that you have driven an M2... any shift in your opinion here ?
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      07-29-2017, 01:27 PM   #14
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Quote:
Originally Posted by M3 Adjuster View Post
After your M2 @ COTA Driving experience... now that you have driven an M2... any shift in your opinion here ?
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      07-30-2017, 02:42 AM   #15
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Quote:
Originally Posted by M3 Adjuster View Post
After your M2 @ COTA Driving experience... now that you have driven an M2... any shift in your opinion here ?
Quote:
Originally Posted by ayao View Post
hahaha, hmm, for me personally the 1m is without a doubt my preferred choice of the two. that being said, i would actually stand by my previous opinion. i still don't think i would buy a 1m for more than the cost of an m2. this is not to say i would buy an m2 over a 1m, just more so that i don't think 1m's are worth more than 60k max. i think the 1m's are special cars, i mean look at how they are still selling for around msrp (and that in itself already shows how special they are), but for me they are not 60k+ special.

Last edited by digwm1; 07-30-2017 at 02:53 AM.
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      07-30-2017, 09:40 AM   #16
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Quote:
Originally Posted by digwm1 View Post
Quote:
Originally Posted by M3 Adjuster View Post
After your M2 @ COTA Driving experience... now that you have driven an M2... any shift in your opinion here ?
Quote:
Originally Posted by ayao View Post
hahaha, hmm, for me personally the 1m is without a doubt my preferred choice of the two. that being said, i would actually stand by my previous opinion. i still don't think i would buy a 1m for more than the cost of an m2. this is not to say i would buy an m2 over a 1m, just more so that i don't think 1m's are worth more than 60k max. i think the 1m's are special cars, i mean look at how they are still selling for around msrp (and that in itself already shows how special they are), but for me they are not 60k+ special.
well stated...

And I agree with you in part.

To me, if one is buying a daily driver, then I would hope that one wouldn't spend M2 money on a 1M because the M2 comes with a better warranty and it had more creature comforts.

If one is buying a 1M, the best chance to do so already has passed, when it was for sale new. Because it's numbers are rare, it will appreciate and will continue to be worth more than the M2... just like a car I previously owned.. the E30 M3.

The E30 M3 had under 5K units come to the US. The E36 M3 built after it was " better " in every measurable way except for driving feel, and the incredible mechanics of the E30 chassis. The E36 sold in many more numbers and today an E36 M3 sells for far less than half the price of an equivalent mileage E30 M3.

I don't expect such a wide gap between 1M and M2 .. but I don't ever expect the price of the typical M2 to be over the 1M any more.

That said, i agree it would be tough to have to pay for a 1M today. But , just like it is tough to pay for an E30 M3 today ... the market prices are what they are for a reason. Because the vehicles so have such cachet they are appreciating.
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      07-30-2017, 01:08 PM   #17
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Quote:
Originally Posted by M3 Adjuster View Post
well stated...

And I agree with you in part.

To me, if one is buying a daily driver, then I would hope that one wouldn't spend M2 money on a 1M because the M2 comes with a better warranty and it had more creature comforts.

If one is buying a 1M, the best chance to do so already has passed, when it was for sale new. Because it's numbers are rare, it will appreciate and will continue to be worth more than the M2... just like a car I previously owned.. the E30 M3.

The E30 M3 had under 5K units come to the US. The E36 M3 built after it was " better " in every measurable way except for driving feel, and the incredible mechanics of the E30 chassis. The E36 sold in many more numbers and today an E36 M3 sells for far less than half the price of an equivalent mileage E30 M3.

I don't expect such a wide gap between 1M and M2 .. but I don't ever expect the price of the typical M2 to be over the 1M any more.

That said, i agree it would be tough to have to pay for a 1M today. But , just like it is tough to pay for an E30 M3 today ... the market prices are what they are for a reason. Because the vehicles so have such cachet they are appreciating.
well stated yourself sir, completely agree with the analogy regarding the e30 vs e36 and buying the m2 vs the 1m as a daily. i think the folks buying 1m's today are mostly enthusiasts who have a certain kink for 1m's and the best time to buy the 1m was without a doubt back in 2011. i dont think many e30 m3 owners would buy an e30 m3 at the price they are today, but i'm sure many owners who bought their e30 m3's new and on the used markets back in the day and kept them are probably sitting pretty smug with the madly appreciated values on their cars; even well used e30 m3's are selling for lots today yes?
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      07-30-2017, 07:54 PM   #18
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1m and m2

As beautiful as the M2 is, I paid for my 1m what I could of bought an M2 for.
I never even drove the M2. I wanted the 1m because I had a 135i and loved
it. I am not really comparing the cars. I just know what I wanted and couldn't be happier with my choice.
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      07-31-2017, 04:48 AM   #19
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Things are slightly different here in Australia. The best 1Ms are only just starting to transact at prices at or above the M2. I see 1M prices continuing to increase. I mean, in the US and UK they are selling for their original list prices. Let's hope the same trend happens in Australia - which would see 1M prices up a further AUS 40k! I'm happy to wait and see, not that I'll be selling. Mines a keeper.
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      07-31-2017, 09:33 PM   #20
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Quote:
Originally Posted by digwm1 View Post
well stated yourself sir, completely agree with the analogy regarding the e30 vs e36 and buying the m2 vs the 1m as a daily. i think the folks buying 1m's today are mostly enthusiasts who have a certain kink for 1m's and the best time to buy the 1m was without a doubt back in 2011. i dont think many e30 m3 owners would buy an e30 m3 at the price they are today, but i'm sure many owners who bought their e30 m3's new and on the used markets back in the day and kept them are probably sitting pretty smug with the madly appreciated values on their cars; even well used e30 m3's are selling for lots today yes?
exactly! I am just such an E30 M3 owner.

Purchased my first one for 21K back in 1994... it was MINT and had 42K miles at the time. I kept it a dozen years and sold it for a track rat. IIRC I sold it for around 13-14K in 2005 or so and then bought the track rat for around 7K and began to mod it like crazy. Around 5 years and several blown motors later... I parted out my E30 M3 and all the spares I had for it in 2010 for $19K. The rolling chassis with no motor and no drivetrain sold for 6K.

I would have to sell my 1M to buy an E30 M3 today.. LOL. they are selling for over 30K right now. I would be * that guy * that wished he hadn't sold his E30 M3.. except for I rolled my E30 M3 cash into the 1M which is just as sought after.. if not more so.. !

Now I can't sell my 1M.. if I do.. I'll never be able to afford (read: justify paying for) another one ! This has me looking at the M2 VERY skeptically.... I can't see giving up my

1) mechanical steering
2) clutch and 6MT gearbox that actually have tactile feel to them
3) drivetrain with no auto -rev match feature
4) 1 series chassis with tail happy - you better respect me ! character

it will take an M2 GTS .. equipped ala the M4 GTS.. but with a 6 MT to make me give up my 1M right now..
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Last edited by M3 Adjuster; 07-31-2017 at 09:43 PM.
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      07-31-2017, 10:50 PM   #21
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http://bringatrailer.com/listing/2011-bmw-1m-7/
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      07-31-2017, 10:57 PM   #22
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Interesting that the current high bidder ($50k) is a previous 1M owner.
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