1M to go through public auction (UK)

kmpowell · 10-29-2012, 06:13 AM

Featured on BIMMERPOST.com

Sytner BMW group are putting a 1M through BCA public auctions tomorrow (30th Oct) because they are having trouble selling it due to the number of previous owners. It's had 5 price reductions, but the buyer will in essence be the 4th owner, so it's not shifted.

It's believed to be the 1st 1M to ever appear at a public auction in the UK...

Lot: SYT057, BMW 1 SERIES M 3.0 2 Doors, Coupe, Petrol, Manual Transmission, Orange, Margin
Registration: GJ61HJX
Registration date: 02/09/2011
Mileage: 5722 Warranted
Colour: Orange
Log book: Present
Equipment: V5 - 3 OWNERS , Parking Sensor(s) , Air Conditioning , Satellite Navigation , Leather Trim , Alloy Wheels , Srvc Bk - 1 srvc 1 main dlr , Last Srvc - 09/11 0k , S Inf - running in service 864mls

The market for 1M's in the UK has been rock solid, but with M135i sales in full swing it'll be interesting to see where this ends up and for how much it sells...

Artemis · 10-29-2012, 06:27 AM

Quote:

Originally Posted by kmpowell

The market for 1M's in the UK has been rock solid, so it'll be interesting to see where this ends up and for how much it sells.

Shouldn't that statement be read as: "The market for 1M's in mint condition in the UK has been rock solid, so it'll be interesting to see where this ends up and for how much it sells" ?

Don't know the status of the 1M put up for sale, but IMHO "trouble selling", "5 price reductions" and "the buyer will in essence be the 4th owner" aren't reassuring tell-tale signs for a 1M with 5722 miles. Might have encountered hard days during its youth.

h-manuk · 10-29-2012, 07:37 AM

I believe this car has had a front end collision!

///M1 · 10-29-2012, 02:12 PM

Leather on the driver's seat (bolster especially) appears to have been taken off then put on again. Either that, or some really weird wear, which is unlikely given the low mileage of the car. Mine has more miles and the leather is nicely stretched as Joan Rivers' face! LOL

Spoolin Montego · 10-29-2012, 05:20 PM

3 owners with less than 6k miles? do not want.

kmpowell · 10-30-2012, 03:19 AM

Quote:

Originally Posted by sladeywadey

The internet speaks again..

Huh?

Jaw_F430 · 10-30-2012, 02:02 PM

What did it sell for ?

kmpowell · 10-30-2012, 03:01 PM

Quote:

Originally Posted by Jaw_F430

What did it sell for ?

BCA don't publish results on their website, so results are found by word & mouth. Keep an eye on the Pistonheads thread as I believe a guy on there was going to attend the auction.

Artemis · 10-31-2012, 07:12 AM

Also posted by OP in http://www.babybmw.net/viewtopic.php?f=11&t=41426

"Had originally been up at £42850, was £41850 by August, was £40850 in mid-September, was £39850 late September, was £38950 start October, finally briefly £37950 mid Oct, before it was pulled a few weeks back."

As with pretty women with issues: steer clear of getting romantically involved (well, at least in my book).

kmpowell · 10-31-2012, 09:48 AM

Quote:

Originally Posted by sladeywadey

why the need to post so many threads on this on forums?

I started 1 thread on here, and started 1 on BBMW. Not sure how that qualifies to be "posting so many threads", but I do apologise. Next time I consider posting I'll be sure to check with you (as head of the conceited forum police) to ensure I don't break the unwritten rules.

Dackelone · 10-31-2012, 03:10 PM

Quote:

Originally Posted by sladeywadey

Lol. it wasn't aimed 100% at you

Actually, I don't really care personally - I can always ignore this and the other innacurate stuff spouted to which you have seemingly ignored!

Seems to me that you can not ignore these posts!

LukeM3 · 10-31-2012, 03:18 PM

I appreciate you posting it. This is how we all help one another out.
Thanks again

Artemis · 10-31-2012, 05:39 PM

Quote:

Originally Posted by LukeM3

I appreciate you posting it. This is how we all help one another out.
Thanks again

Caveat emptor ! (buyer beware)

kmpowell · 11-01-2012, 05:41 AM

Quote:

Originally Posted by sladeywadey

Just glad really that I'm outta the car now

So can we presume you owned the car at some point?

If you did then perhaps it might have been better if you'd shared the information, rather than just inferring you knew something.

10-29-2012, 06:13 AM	#1
kmpowell Private First Class 9 Rep 152 Posts Drives: 1M Join Date: May 2010 Location: England (UK) iTrader: (0)	1M to go through public auction (UK) Featured on BIMMERPOST.com Sytner BMW group are putting a 1M through BCA public auctions tomorrow (30th Oct) because they are having trouble selling it due to the number of previous owners. It's had 5 price reductions, but the buyer will in essence be the 4th owner, so it's not shifted. It's believed to be the 1st 1M to ever appear at a public auction in the UK... Lot: SYT057, BMW 1 SERIES M 3.0 2 Doors, Coupe, Petrol, Manual Transmission, Orange, Margin Registration: GJ61HJX Registration date: 02/09/2011 Mileage: 5722 Warranted Colour: Orange Log book: Present Equipment: V5 - 3 OWNERS , Parking Sensor(s) , Air Conditioning , Satellite Navigation , Leather Trim , Alloy Wheels , Srvc Bk - 1 srvc 1 main dlr , Last Srvc - 09/11 0k , S Inf - running in service 864mls The market for 1M's in the UK has been rock solid, but with M135i sales in full swing it'll be interesting to see where this ends up and for how much it sells... __________________ May '11 - Nov '11 - 1M Coupe. Gone but not forgotten. Alpine White, Black Boston leather with Kyalami Orange stitching, Bluetooth, BMWP Kidney Grilles, BMWP Racing pedals Last edited by kmpowell; 10-29-2012 at 06:25 AM.
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10-29-2012, 07:37 AM	#3
h-manuk Private 12 Rep 223 Posts Drives: BSM 1M Coupe Join Date: Jun 2011 Location: UK iTrader: (0)	I believe this car has had a front end collision! __________________ Current mods: Forge FMIC, N55 Midpipe, Alcantara Steering Wheel, OEM 2012 LCI Black lines, BMW Performance grilles and pedals, Ohlins R&T suspension, Supersprint Exhaust, BMS Charge Pipe, Forge Diverter Valves
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10-29-2012, 02:12 PM	#4
///M1 Brigadier General 87 Rep 3,094 Posts Drives: Many Join Date: Feb 2009 Location: North of 4K RPM iTrader: (1) Garage List 2017 BMW F80 M3 [0.00] 1994 Lancia Delta I ... [0.00] 2011 BMW 1///M [0.00] 1988 BMW E30 M3 [0.00] 2016 Porsche 981 GT4 [0.00] 1998 Porsche 993 C4S [0.00] 2008 Audi RS4 [0.00]	Leather on the driver's seat (bolster especially) appears to have been taken off then put on again. Either that, or some really weird wear, which is unlikely given the low mileage of the car. Mine has more miles and the leather is nicely stretched as Joan Rivers' face! LOL __________________ *2011 BMW E82 1///M: AW, all options; Renntech, Akrapovic, Forge, P3, RevoZ CF bits, many mods 1988 BMW E30 M3: Hennarot, S14, stock 2016 Porsche 981 GT4: Guards Red, LWBS, SC, full leather 1998 Porsche 993 C4S: Zenith Blue, last aircooled widebody, Bilstein PSS10, Fister II + Fabspeed exhaust 2008 Audi B7 RS 4*: Sprint Blue, Audi Exclusive Euro Bucket Interior, Premium+Titanium, many mods
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10-29-2012, 05:20 PM	#5
Spoolin Montego Lieutenant 43 Rep 487 Posts Drives: 16 M3/14 M5 Join Date: Mar 2012 Location: Orange County iTrader: (0)	3 owners with less than 6k miles? do not want.
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10-30-2012, 02:02 PM	#7
Jaw_F430 Private 1 Rep 71 Posts Drives: VO 1M Join Date: Feb 2012 Location: UK iTrader: (0)	What did it sell for ?
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10-31-2012, 07:12 AM	#9
Artemis Moderator 4002 Rep 7,246 Posts Drives: BMW M2 (MG 6MT) Join Date: Jun 2011 Location: Belgium iTrader: (0)	Also posted by OP in http://www.babybmw.net/viewtopic.php?f=11&t=41426 "Had originally been up at £42850, was £41850 by August, was £40850 in mid-September, was £39850 late September, was £38950 start October, finally briefly £37950 mid Oct, before it was pulled a few weeks back." As with pretty women with issues: steer clear of getting romantically involved (well, at least in my book). __________________ “For ’tis the mind that makes the body rich” (W. Shakespeare, The Taming of the Shrew, Act 4, Scene 3) Last edited by Artemis; 10-31-2012 at 07:18 AM.
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10-31-2012, 03:18 PM	#12
LukeM3 Second Lieutenant 15 Rep 235 Posts Drives: X3 Join Date: Jun 2012 Location: USA iTrader: (0)	I appreciate you posting it. This is how we all help one another out. Thanks again
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