11-03-2021, 08:49 AM | #1 |
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BMW Dealer Wants my 1M !!
THE VALUE OF YOUR 2011 BMW 1 SERIES M IS NOW AVAILABLE. Dear XXX, We have updated your vehicle's trade value. Click below to visit your personal website at XXX BMW of XXX to see for yourself how much it is worth. 2011 BMW 1 Series M Edit Profile Estimated Trade-in Value $35,217 - $42,822 Estimated Mileage 34,215
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Last edited by champignon; 11-03-2021 at 09:11 AM.. |
11-03-2021, 12:27 PM | #3 |
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The dealer doesn't want your 1M. A person who knows what is selling in the market is trying to get you to trade your car for the much less desired F/G series cars they are having trouble selling.
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11-03-2021, 01:23 PM | #4 |
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A serious consideration. My Allstate agent directed me to haggerty since I wanted a $70k value policy. And the pricing was the same as I was paying with Allstate with the lower coverage. Go for it!
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11-04-2021, 12:58 AM | #5 | |
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I doubt that email was sent by the local dealer, who I still use for service. It looks a lot like the other clueless emails I receive from BMW, which frequently suggest that I might need service a few months after I just had the car serviced. It's incredibly unlikely that someone owning a lower mileage 1M in good condition, would trade it into a dealer at all, unless perhaps it was a Porsche or other exotics dealer who offered something approaching the real value of the car. At this stage you would have to be certifiably insane to trade a 1M in on anything that BMW is producing now.
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11-04-2021, 01:07 AM | #6 |
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I have "agreed value" insurance with Safeco on all of my cars that are over 10 years old, including my 1M. They will offer it on virtually any car insured as a "Classic Car." My 1M is now insured for $58,500, which I thought was high last spring but perhaps should be increased. Safeco did not flinch when I requested that amount. Classic Car insurance with Safeco requires that you limit your annual mileage on the car (in my case I think the limits are 3000 miles/year, which I would not exceed in any event because I have too many cars).
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11-04-2021, 02:58 PM | #7 | |
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Drives: e82 1M, f87 M2cs
Join Date: Nov 2011
Location: Tri-Cities, Washington
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1M track toy mods: BMS chargepipe, BMS OCC, ADE FMIC, ADE motor mounts, MadDad/Lightweight Ti exhaust, ADE custom oil thermostat/cooler, custom MHD tune, F10 550i clutch, Ohlins R+T, Vorschlag camber plates, M3 'vert FSB with Turner endlinks, Stoptech Trophy BBK.
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11-04-2021, 09:17 PM | #8 | |
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They don't check you mileage driven very often, and it is on the honor system.
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