11-27-2018, 02:48 AM | #67 |
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We go round and round the block on these types of "investment" conversations. It's not a good investment if you consider that you took your $60k of car, options, registrations and servicing costs, and got $92k for it - that's not even 50% compounded over 7 years.
Park that 60k in an index fund and it would something like $170k over the same period. Which means this owner hardly enjoyed the car (unless he's one of those that derive most of their enjoyment from looking at it and polishing it), and made a loser of an investment to boot. With that said, 1M owners should be thrilled to have been able to drive the wheels off their car for 7 years and not lose any money on depreciation. That's as good as a car enthusiast should be able to expect. If you're thinking that you're sitting on the next 250 GTO...you're not. |
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champignon1565.50 Captain Blood13871.00 |
11-27-2018, 03:18 AM | #68 | ||
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Ok, you have no credibility slanging your USDM E36 Mock3 around. Lol. Last edited by gmx; 11-27-2018 at 03:23 AM.. |
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11-27-2018, 04:05 AM | #69 | |
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it was an 'evolution' of the idea; but not a particularly great one that actually retained the spirit. When the 3rd generation of this idea, the 'next M2' comes out; the status of the 1M will become even more elevated than it is now. Let's face it the 1/2 series are the new 3-series and the 1M/M2 *is* the modern M3 principle laid out for modern times. I am waiting for the sub-30K M2 so i can street park it and throw it around for errands. I don't think the M2 is even remotely a 'special' car like the 1M is--- having driven several now; but i do think it's a good car compared to other modern cars. Back to the 1M; it's a shame most people haven't driven one. Even after the hype, it exceeds all expectations of a modern car driving experience. it feels simple, agile, fun, and most of all captures all of the small intangible qualities of why DRIVING is so fun. BMW made one of the most flawed, yet perfect cars ever in the 1M.
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Tornado1M1215.00 champignon1565.50 |
11-27-2018, 04:37 AM | #71 |
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The bottom line is scarcity value.
Also Limited numbers Cool background/development story Very fun car to drive So what if you can buy a car that is better in terms of performance than the 1m for less money, that is the case for almost all of the collectible classics out there. |
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11-27-2018, 05:29 AM | #72 | ||
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I'm the original owner of that E92 - and could have gotten the 1 instead as it had just come out at the time. I found it neither as inspiring or engaging as my M3, mostly because of the V8. At any rate, I've driven both and can tell you, aside from steering feel, the M2 is just better. Don't be butt hurt because you paid more for a lesser car.
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11-27-2018, 07:27 AM | #74 | ||
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I'm just saying that the M2 is under additional pressure at the moment because of the newly released M2C. There are still untouched 2018 M2's at my local dealership and a ton out on the used car market with prices declining. While I don't think it's a bad car, I also don't feel it is special in anyway. However, once in the $30's, I'll consider one for a DD......although, I'm more likely to pull the trigger on a late production model e46 M3. |
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11-27-2018, 09:03 AM | #75 |
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guys, this always happens in any forum, no need for this, unless you own and driven the 1M, or e36, or 135is, don't go on bashing each others drive... make no sense and feel really childish. So you own a 135is great, great car nonetheless, I would never go on that site putting it down if someone sold it for 60k.
I definitely didn't put buy the 1m because of it being a collectible, all of the original owners never get to test drive one when they put a deposit on one, there was none to test drive. I do think $92k is quite much for a 1M, limited miles or not, but you gotta think that person who have that much money to do that is not a fool either. I ask my 21 yrs old which car he would take between my GT3 and the 1M if I get old or hit the bucket, and he said just leave the 1M for him. Kinda think of it, the only thing special is the deviated orange stitching, everything else is plain, simple m3 suspension and brakes, M tuned 135is engine, regular sports seats, silly widebody with big fat tires, only comes in manual that my wife can't drive but my son could, regular car that I frequently pick up the 3 boys from school. I even pick up 4 8ft 2X4 from home depot and throw it in like any regular 2 door sports car can...its just a regular car, and did I mention its so hideous that only a mother could love, in my case a father, cause my wife hates it, she hates it when I take her to movie, or to dinner or a long cruise through the coastline...complains too noisy and bumpy and not smooth like the GTR that I used to have and the only supercar that she could drive, but I traded that in for the Pcar, didn't trade the simple 1M in but the GTR instead. so that's that for my 2cts, fact is I wouldn't buy the 1M with that price, but if I'm gazillinaire, I would in a heart beat, I wouldn't car less for a 135is with a Dinan tune, or a hooped up E36 or E46 M3, that is If I'M a Millionaire....so don't hate.. and honestly, I wouldn't give my car up if someone ofter me 75K or less, lol Only car that I would enjoy driving more is the GT4, but not that much usable, maybe when the kids all grown up and go to college, but then, I already have my GT3, so I'm keeping the 1M for the long run, pass down to my 21 yrs old when I'm done. |
11-27-2018, 09:03 AM | #76 |
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11-27-2018, 09:06 AM | #77 |
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Really? I don't think the car is worth that much. It wasn't even a true M if I recall the spec correctly.... I think it had a regular 335 engine... for 92k one can get a very nice older model or an ok newer model p-car....
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11-27-2018, 09:21 AM | #78 | |
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by the way, over 6000 1M worldwide, is not limited, but yet, prices still hold or even going up, very unusual for just a regular 2 door sports car. I assume at this price range, mostly middle class, older men or successful young guys that could afford them, maybe they are just foolish and stupid just like me, all 6,000 of us. Last edited by FIRSTM; 11-27-2018 at 09:29 AM.. |
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11-27-2018, 09:28 AM | #79 |
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I've owned BMW's for 18+ years, I'd consider myself a diehard bimmer enthusiast....but I realized that's all bullshit today because I would literally buy 20+ other cars (mostly non BMW's because I've owned all the ones I've desired) at that price point rather than a 1M.
There's always an idiot that screws up the market like this. |
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11-27-2018, 09:44 AM | #80 | |
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You should look over at the GT3 fiasco, they really screw up that market, flippers, bad dealers, whole bunch of mess, well similar to the 1M when first launch. There's also 2.5 million dollar stolen from GT buyers from a vp sales guy in FL Porsche dealer. |
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11-27-2018, 10:15 AM | #81 | |
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11-27-2018, 10:18 AM | #82 | ||
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11-27-2018, 10:20 AM | #83 | |
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11-27-2018, 10:23 AM | #84 | |
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Nonetheless, one reaches a point in life, if successful, where one can have a few toys . . . . .
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11-27-2018, 10:27 AM | #85 |
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I drove an 1m in Bmw mschool back in 2012, I have never had so much fun with a car. Since then I drove m3,m6, m235, i8, but none of them has been as fun as 1m.
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11-27-2018, 10:55 AM | #87 |
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Wow, I can't believe what this thread has morphed into. The car is worth what anyone is willing to pay for it. Simple supply & demand.
A "collectible" car is not an investment. you have stocks, bonds, real estate, precious metal for that. Can't drive a stock, wash or wax a bond. Collectible cars are hobbies. There are people who will bring them to shows, autocross/race, take a nice ride or just stare at them in a garage. Who cares what a a hobbyist will do with their car or what they are willing to pay. If it appreciates in value, good for you. Comparing the 1M to any modern car is silly. Any late model performance car will run rings around a 1M for the same price or less. I can trade mine for a late model Porsche 911 all day. The 911 will be faster, better handling, better quality but in the end, It's just another 911. I wanted something a little different, a little raw, analogue. With only 740 cars imported to the U.S.(that's another debate), I like owing something that not many others have. I will continue to drive mine on nice days on twisty roads for the foreseeable future |
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11-27-2018, 11:08 AM | #88 | |
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