FORUMS
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| 11-14-2012, 06:34 PM | #1 |
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Serial car switcher
Drives: 2011 1M Join Date: Feb 2010
Location: Florida, USA
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1M Value
Do you guys think the value of my 1M will be reduced if I powder coat my wheels or install an aftermarket exhaust? Thanks for the input
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| 11-14-2012, 07:19 PM | #3 |
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Colonel
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If it matters to you, value will increase when seen through your eyes.
Market value is a different story, though. Prospective buyers are not always as enthusiastic about options and after market gizmos as you might be. Quite some (especially those who like Q-cars [all go and no show]) will prefer to get the original parts (OEM) retrofitted, especially if the mods aren't street legal or experienced by them as a nuisance (too loud, to 'screamy', etc.) or simply because resale policy does not allow mods (for example resale to an official dealer in exchange for a new car). Keep the original parts for possible retrofitting. At resale day you might part out the mods to enthusiasts willing to pay a decent price for it. Also, prospective buyers might associate 'modded' cars with a certain driving style and approach/philosophy which possibly affects the longevity and integrity of the car parts (perception/prejudice regardless of the real status of the car). Finally, installing certain mods might void the warranty. Void warranty = lower resale value. Powder coated wheels and an aftermarket exhaust ? Let's settle for a status quo of the market value of the car. ![]() My €0.02.
__________________
“For ’tis the mind that makes the body rich” (W. Shakespeare, The Taming of the Shrew, Act 4, Scene 3)
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| 11-14-2012, 08:07 PM | #4 |
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Colonel
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I wouldn't powder coat the stock wheels if there is even a slight chance that you might sell this car sooner than you plan/wish.
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2011 BMW 1M: Euro spec, w/out Nav, manual seats. Evolve Race+N55 mid, Michelin PSS, ER charge pipe, aFe ProDryS drop-in filter, CDVx, BMW-IND trunk spoiler matt cf/VO stripe, BMW blacklines, BMW black grills, IND side gills&rear M logo, silver turn indicator bulbs, anthrazit overlays on side creases and on air curtains, MPerformance steering wheel w/VO ring, BMW steel pedals, custom mats, color matched MPower e-brake.
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| 11-15-2012, 12:14 AM | #6 |
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Brigadier General
![]() Drives: '11 135 Sport DCT Join Date: Apr 2011
Location: The Valley, Los Angeles
Posts: 3,176
iTrader: (5)
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If you plan to sell anytime soon then yes. But prices are dropping by themselves. 1M's aren't going for 60k+ any more. Instead they are at low 50's now.
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| 11-15-2012, 06:45 PM | #7 | |
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First Lieutenant
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Quote:
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| 11-15-2012, 08:54 PM | #8 |
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Private First Class
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winter time affects prices, come spring you will see prices rise again. if you think about it, these cars are still fetching sticker price almost 2 years old now.
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2012 Jeep Wrangler unlimited rubicon
2001 Z8 1988 M3 1995 Porsche 911 1991 Porsche 911 |
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| 11-16-2012, 07:47 AM | #9 |
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Serial car switcher
Drives: 2011 1M Join Date: Feb 2010
Location: Florida, USA
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Thanks for all the feedback. It is very helpful. I can't say I'm planning to sell the car but I will get the bug for something else eventually. It's really nice to have some equity in a car for once and I don't want to blow that
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| 11-16-2012, 10:03 AM | #11 | |
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Give '///M' Hell!
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Quote:
This thing is already worth 4 times what I paid for!!!! ![]() Sweet.
__________________
The 1 series M is the most badass, coolest, sickest BMW to debut since the 1988 M3. The E30 M3 finally has a successor. Please welcome the stupidly fast, wickedly tempered, awkwardly named, possibly perfect little son of a benchmark - Automobile Magazine, August 2011
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| 11-16-2012, 12:09 PM | #12 |
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Captain
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If you are concearned then pick up a used set of OEM wheels and powder coat them. Then when it comes time to sell you can put originals back on and sell the powder coated ones separately.
Problem solved. ![]() |
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| 11-17-2012, 08:38 AM | #13 |
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Serial car switcher
Drives: 2011 1M Join Date: Feb 2010
Location: Florida, USA
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Most cars are not purchased to gain equity and I am not making money on the car but unless you don't care about your bank account, resale value matters.
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| 11-17-2012, 08:39 AM | #14 |
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Serial car switcher
Drives: 2011 1M Join Date: Feb 2010
Location: Florida, USA
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I'd probably do that but my wife forbid me from buying any more wheels when i got this car
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| 11-17-2012, 01:14 PM | #15 | |
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Colonel
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Quote:
The wheel prohibition will be overruled in no time. ![]()
__________________
“For ’tis the mind that makes the body rich” (W. Shakespeare, The Taming of the Shrew, Act 4, Scene 3)
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| 11-17-2012, 02:53 PM | #16 | |
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Serial car switcher
Drives: 2011 1M Join Date: Feb 2010
Location: Florida, USA
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Quote:
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| 11-17-2012, 05:07 PM | #17 |
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First Lieutenant
![]() ![]() Drives: '02 M Roadster, '11 AW 1M Join Date: Jun 2011
Location: Portland, OR
Posts: 352
iTrader: (0)
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314 million in the USA.
Conservatively 780 out of 790 still on the road or in the country. That's one car for every 402,000 and change for each person here. Take care of it and you'll see minimal depreciation and perhaps a nice bump in value in a couple of decades. It's not a 1989 Porsche 911 Speedster, but it is rarer. If you want it to remain collectible, then I think you will have to keep the car largely unmodified. |
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