14K VO 1M at $70K

Jack26.2 · 09-24-2021, 10:35 PM

Hi Everyone. A VO 1M with 14K miles is currently on Bring A Trailer here.

Bidding is currently at $70K with ~17 hours to go. Seems a bit high, but what do I know?

Though it is with no navigation.

markslc1 · 09-24-2021, 11:11 PM

Prices are sky high. But is non nav really that much more valuable?

ayao · 09-25-2021, 12:36 PM

nachob over at BaT on that 1M comments section fighting the good fight!

CarJunkie · 09-25-2021, 02:07 PM

Up to 81K now

ayao · 09-25-2021, 02:22 PM

This is madness.

Jack26.2 · 09-25-2021, 06:19 PM

Wow, ended at $83.5K and $87,675.00 with buyer's fee.

nachob · 09-25-2021, 07:40 PM

Quote:

Originally Posted by ayao

nachob over at BaT on that 1M comments section fighting the good fight!

Ha, was staying out, but someone tagged me and I got an email alert! Then I see guy implying that that value might be less because it was missing NAV!

Sorry, couldn't stay out then.

Happy Saturday my friends.

I had a great day. Saw my old car today, changed the oil with new owner. Was lovely. It is being well cared for and enjoyed. Made my day.

canadianbimmerlover · 09-26-2021, 05:25 AM

Quote:

Originally Posted by ayao

This is madness.

Actually nice to see the prices continue to rise!

vasmir · 09-26-2021, 02:58 PM

Quote:

Originally Posted by nachob

… Then I see guy implying that that value might be less because it was missing NAV!
…

I'd like to think that no-nav cars will get a premium, as the navigation screen really ages the interior-
though I don't think we have enough recent examples to understand if latest high prices are due to the overall market (most likely), 1M values in general, or the low mileage + specific options.

seis-speed · 09-27-2021, 11:26 AM

Every car is really high right now, the 993 air cooled 911's have jumped beyond belief. I know a guy that buys a lot of cool cars mainly 911's and he thinks the 1M is a great deal currently in relationship to other cars that have jumped much higher. He has looked into buying a 1M and he is not a BMW guy, but knows cars and values very well.

Anecdotally - My Golf R 6MT offer from CarMax last week was ~ 3K more than what I bought it for (new) a private sale would be about 5-6K more, so anyone selling a car to make room for the 1M is getting top dollar.

markslc1 · 09-27-2021, 02:57 PM

Quote:

Originally Posted by canadianbimmerlover

Quote:

Originally Posted by ayao

This is madness.

Actually nice to see the prices continue to rise!

So happy I bought mine 3 weeks back before this latest spike. 1M's to the moon!

Note: the upward trend means DRIVE your cars people! It's not hurting the value, so go and enjoy. I figure I'll drive for 10 years at which time it will have 70kmiles. And it will still command $100k or more.

CarJunkie · 09-27-2021, 08:48 PM

Quote:

Originally Posted by markslc1

Quote:

Originally Posted by canadianbimmerlover

Quote:

Originally Posted by ayao

This is madness.

Actually nice to see the prices continue to rise!

So happy I bought mine 3 weeks back before this latest spike. 1M's to the moon!

Note: the upward trend means DRIVE your cars people! It's not hurting the value, so go and enjoy. I figure I'll drive for 10 years at which time it will have 70kmiles. And it will still command $100k or more.

Mine has 63k miles and at least 25 track days. With all that use, I would probably have to settle for MSRP.

canadianbimmerlover · 09-30-2021, 02:51 PM

Quote:

Originally Posted by markslc1

Quote:

Originally Posted by canadianbimmerlover

Quote:

Originally Posted by ayao

This is madness.

Actually nice to see the prices continue to rise!

So happy I bought mine 3 weeks back before this latest spike. 1M's to the moon!

Note: the upward trend means DRIVE your cars people! It's not hurting the value, so go and enjoy. I figure I'll drive for 10 years at which time it will have 70kmiles. And it will still command $100k or more.

Don't think that's accurate. There are a fair number of low mileage cars out there. A car with 70K miles won't command $100K. A good example of this is the Z4 M Coupe where the spread in price between low and high miles is quite significant. Nothing wrong with driving and enjoying, just don't expect to command a high price at the end of the day.

markslc1 · 09-30-2021, 03:01 PM

Quote:

Originally Posted by canadianbimmerlover

Don't think that's accurate. There are a fair number of low mileage cars out there. A car with 70K miles won't command $100K. A good example of this is the Z4 M Coupe where the spread in price between low and high miles is quite significant. Nothing wrong with driving and enjoying, just don't expect to command a high price at the end of the day.

Even high mile cars bring the money if its desirable. https://bringatrailer.com/listing/1995-toyota-supra-33/

But you're on! See you in 10 years

canadianbimmerlover · 09-30-2021, 08:10 PM

Quote:

Originally Posted by markslc1

Quote:

Originally Posted by canadianbimmerlover

Don't think that's accurate. There are a fair number of low mileage cars out there. A car with 70K miles won't command $100K. A good example of this is the Z4 M Coupe where the spread in price between low and high miles is quite significant. Nothing wrong with driving and enjoying, just don't expect to command a high price at the end of the day.

Even high mile cars bring the money if its desirable. https://bringatrailer.com/listing/1995-toyota-supra-33/

But you're on! See you in 10 years

Ha ha fair enough. I'd argue that there aren't many low mile Supras. There are a lot of low mile 1M's. Different market but I do get your point.

CarJunkie · 11-23-2021, 05:47 PM

Waking this threat up….
Don't look now….
7 days to go and already at $90k, low miles but not stock. Mad Dad mid pipe is disclosed, but there is also obviously a carbon front lip that isn't mentioned in the ad.

https://bringatrailer.com/listing/2011-bmw-1m-94/

BMW Gator · 12-18-2021, 12:06 AM

I have to say $100k prob gets my attention - original owner, 7k miles, AW stripper and 1 of only 2 built with same options. Never spent a night outside. This market is crazy but this car is really special.

09-24-2021, 10:35 PM	#1
Jack26.2 New Member 36 Rep 17 Posts Drives: 2011 BMW 1 Series M Join Date: Nov 2014 Location: California iTrader: (0)	14K VO 1M at $70K Hi Everyone. A VO 1M with 14K miles is currently on Bring A Trailer here. Bidding is currently at $70K with ~17 hours to go. Seems a bit high, but what do I know? Though it is with no navigation.
	Appreciate 1 ayao641.50 Tweet Quote

09-24-2021, 11:11 PM	#2
markslc1 Lieutenant 183 Rep 536 Posts Drives: 2011 1M, 14 X5 x35i Join Date: Oct 2012 Location: Mill Creek, WA iTrader: (1)	Prices are sky high. But is non nav really that much more valuable?
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09-25-2021, 12:36 PM	#3
ayao Thread killer 642 Rep 1,896 Posts Drives: 1M Join Date: Aug 2011 Location: CA iTrader: (2)	nachob over at BaT on that 1M comments section fighting the good fight!
	Appreciate 0 Quote

09-25-2021, 02:07 PM	#4
CarJunkie Colonel 2617 Rep 2,819 Posts Drives: e82 1M, f87 M2cs Join Date: Nov 2011 Location: Tri-Cities, Washington iTrader: (1) Garage List 2020 M2cs [0.00] 2011 BMW 1M [0.00]	Up to 81K now __________________ 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.
	Appreciate 0 Quote

09-25-2021, 02:22 PM	#5
ayao Thread killer 642 Rep 1,896 Posts Drives: 1M Join Date: Aug 2011 Location: CA iTrader: (2)	This is madness.
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09-25-2021, 06:19 PM	#6
Jack26.2 New Member 36 Rep 17 Posts Drives: 2011 BMW 1 Series M Join Date: Nov 2014 Location: California iTrader: (0)	Wow, ended at $83.5K and $87,675.00 with buyer's fee.
	Appreciate 0 Quote

09-27-2021, 11:26 AM	#10
seis-speed #savethemanuals 2431 Rep 1,970 Posts Drives: 1M \| GT3 \| J392 \| GRc Join Date: Dec 2009 Location: West Coast iTrader: (0)	Every car is really high right now, the 993 air cooled 911's have jumped beyond belief. I know a guy that buys a lot of cool cars mainly 911's and he thinks the 1M is a great deal currently in relationship to other cars that have jumped much higher. He has looked into buying a 1M and he is not a BMW guy, but knows cars and values very well. Anecdotally - My Golf R 6MT offer from CarMax last week was ~ 3K more than what I bought it for (new) a private sale would be about 5-6K more, so anyone selling a car to make room for the 1M is getting top dollar.
	Appreciate 1 ayao641.50 Quote

11-23-2021, 05:47 PM	#16
CarJunkie Colonel 2617 Rep 2,819 Posts Drives: e82 1M, f87 M2cs Join Date: Nov 2011 Location: Tri-Cities, Washington iTrader: (1) Garage List 2020 M2cs [0.00] 2011 BMW 1M [0.00]	Waking this threat up…. Don't look now…. 7 days to go and already at $90k, low miles but not stock. Mad Dad mid pipe is disclosed, but there is also obviously a carbon front lip that isn't mentioned in the ad. https://bringatrailer.com/listing/2011-bmw-1m-94/ __________________ 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.
	Appreciate 1 atl_1M1520.00 Quote

12-18-2021, 12:06 AM	#17
BMW Gator Second Lieutenant 61 Rep 234 Posts Drives: C8/R8/1M/X5/JK Rubicon/FJ40 Join Date: Apr 2010 Location: Florida iTrader: (0)	I have to say $100k prob gets my attention - original owner, 7k miles, AW stripper and 1 of only 2 built with same options. Never spent a night outside. This market is crazy but this car is really special.
	Appreciate 0 Quote