Resale.

RKR · 10-29-2013, 09:08 AM

I feel as if I'm being forced out of the 1M due to my mileage rising excessively, I've done 18k in 10 months of ownership. Car is currently at 36.5k but I'm almost scared to keep using it because of the resale value that's usually put against the high mileage cars. If I keep it into next summer it will almost definitely be at 50k. Worrying that it would be impossible to sell with that sort of figures on the dash?? Not too sure.

Problem being I can't find a suitable replacement. Tried an E92 M3 and although a great car just didn't bring the same level of thrills. Infact, the 1M most definitely felt quicker and is much more eager to light up the rear tyres

Is it the sensible idea to sell now whilst mileage is <40k or do I simply need a cup of man the f&@* up?

boostedtwin · 10-29-2013, 09:15 AM

don't worry too much about the mileage and keep driving the 1M up to 100k miles at least.
Still you won't loose as much as selling it now, buying another car, paying sales tax and reselling the new car in a year or 2 from now… at the end you will ended up loosing more money and maybe not had as much fun as keeping the 1M… that's just my opinion.

ZIPNBYE · 10-29-2013, 09:18 AM

Drive it into the ground...keep it for 20yrs minimum man!

marc@x-ph.com · 10-29-2013, 09:41 AM

Keep it a get another cheap DD.

1Ms are hard to come by, i'd definitely keep it for a long time.

LukeM3 · 10-29-2013, 10:11 AM

I wouldn't say they're hard to come by, as there's 13 for sale on autotrader, another 4 on eBay, plus another 3 at Carmax in the US. In Aberdeen, that may be a different story.
Though, I'd side with everyone and drive it for as long as you can. I think resale will always be high on these cars due to their limited availability and reputation. So I wouldn't sweat the mileage. I'm sure nothing else will put a smile on your face like the 1M. What's that worth????

MaDoNiOn · 10-29-2013, 10:15 AM

Quote:

Originally Posted by marc@x-ph.com

Keep it a get another cheap DD.

1Ms are hard to come by, i'd definitely keep it for a long time.

i agree! Why sell it if there arent really anything else that catches your eye!
id never sell that baby hahaha :P.

willox · 10-29-2013, 10:37 AM

Get another car for doing the miles in,just turned 5k on my one,I'd get bored off it quickly,driving it every day

TwinTurboed · 10-29-2013, 11:49 AM

Wait till the M4 gets out, test drive that. If you like it, replace the 1M with an M4. If not, I would keep the 1M for a long time and get a second daily driver.

ilikebmxbikes · 10-29-2013, 12:01 PM

It's a car, drive it.

Artemis · 10-29-2013, 12:34 PM

Quote:

Originally Posted by ilikebmxbikes

It's a car, drive it.

+1

Enjoy now. Resale is something for the future. By then the 1M market value will have further increased.

mattm · 10-29-2013, 08:42 PM

I got 40,303 on mine.

Jay-K · 10-29-2013, 11:11 PM

Quote:

Originally Posted by ilikebmxbikes

It's a car, drive it.

+1

Aussie_in_London · 10-30-2013, 03:45 AM

If it puts a smile on your dial keep driving it. Life is short and we only have one chance at it!

1'M Blue · 10-30-2013, 04:55 AM

Drive it and enjoy it !

RKR · 10-30-2013, 05:04 AM

Cheers folks. I definitely have a case of sandy vagina haha, need to man up! It's only a panic because I sold my last car at 50k miles and it lost more than 50% of it's value in 2 years! Car definitely still puts a smile on my face so it seems stupid to let it go. Genuinely don't think there's anything else in the market, for the price albeit, that does everything as well.

Sensible thing to do is buy a daily driver only use the car when needs must. Just not using the car to get back and forth to work would help, works out at around 1000 miles per month for just that!

-cj- · 10-31-2013, 10:07 AM

I know where you're coming from. I ran up 24k km in the first year... But I've managed to reduce it to 6k this year.

I picked up a 2013 Golf TDI to help offset the mileage and my fuel bill..... It's fun to drive. Totally changed the way I drive too. It's 2:1 sometimes up to 2.5:1 fuel savings, not even counting the cost difference of diesel vs premium.

Ryan@IND · 10-31-2013, 10:34 AM

Quote:

Originally Posted by ZIPNBYE

Drive it into the ground...keep it for 20yrs minimum man!

+1

Still drive an E36 M3 and love every minute of it

Denso · 10-31-2013, 02:24 PM

Quote:

Originally Posted by RKR

Cheers folks. I definitely have a case of sandy vagina haha, need to man up! It's only a panic because I sold my last car at 50k miles and it lost more than 50% of it's value in 2 years! Car definitely still puts a smile on my face so it seems stupid to let it go. Genuinely don't think there's anything else in the market, for the price albeit, that does everything as well.

Sensible thing to do is buy a daily driver only use the car when needs must. Just not using the car to get back and forth to work would help, works out at around 1000 miles per month for just that!

Got my car brand new with 7miles on it back in June 2011. I have spent little more than 8 months actually being able to drive the car in the last 2.5 years due to work commitments, still manged to turn 20'000 miles last weekend though ! Don't worry about mileage or resale value, I know that I have enjoyed putting every single mile on mines. Just get out there and drive it like you stole it as it may be a while before any manufacturer signs off on something this special again and you are lucky enough to own one

Slats · 10-31-2013, 08:13 PM

Quote:

Originally Posted by Andrew@IND

+1

Still drive an E36 M3 and love every minute of it

My E36 M3 has 210K miles on it and is still a blast to drive. My 1M just turned over 22K. I'm looking forward to the next 188K with it.

fastauto · 10-31-2013, 09:41 PM

I would sell my car now but in all honesty there is nothing out there that grabs my eye. The M3/4 does nothing for me. I am hoping the M2 will be what I am looking for but I will have to wait a little while for that one. At that time I will reevaluate what my plans are. For now I am just going to enjoy it and focus on a track dedicated build instead.

10-29-2013, 09:08 AM	#1
RKR Second Lieutenant 279 Rep 243 Posts Drives: F80 ZCP Join Date: Dec 2012 Location: Aberdeen. iTrader: (0)	Resale. I feel as if I'm being forced out of the 1M due to my mileage rising excessively, I've done 18k in 10 months of ownership. Car is currently at 36.5k but I'm almost scared to keep using it because of the resale value that's usually put against the high mileage cars. If I keep it into next summer it will almost definitely be at 50k. Worrying that it would be impossible to sell with that sort of figures on the dash?? Not too sure. Problem being I can't find a suitable replacement. Tried an E92 M3 and although a great car just didn't bring the same level of thrills. Infact, the 1M most definitely felt quicker and is much more eager to light up the rear tyres Is it the sensible idea to sell now whilst mileage is <40k or do I simply need a cup of man the f&@* up? __________________ Flickr
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10-29-2013, 09:15 AM	#2
boostedtwin Sheriff 109 Rep 1,481 Posts Drives: spyder, Macan GTS, 4xe Rubicon Join Date: Mar 2007 Location: Orlando iTrader: (10) Garage List 07 335i [0.00] 07 335i [0.00]	don't worry too much about the mileage and keep driving the 1M up to 100k miles at least. Still you won't loose as much as selling it now, buying another car, paying sales tax and reselling the new car in a year or 2 from now… at the end you will ended up loosing more money and maybe not had as much fun as keeping the 1M… that's just my opinion. __________________ 2023 Porsche Spyder, 2024 Porsche Macan GTS, 4Xe Rubicon & 2021 BMW X5 M Package
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10-29-2013, 09:18 AM	#3
ZIPNBYE Let's save military ranks for those who earn it! 45 Rep 1,161 Posts Drives: ...on the Ragged Edge Join Date: Dec 2008 Location: Edmonton, AB, Canada iTrader: (6) Garage List 2013 BMW e92 M3 Cou ... [7.50] 2013 BMW e84 X1 xDr ... [7.00]	Drive it into the ground...keep it for 20yrs minimum man! __________________ Richard 2013 BMW M3 Individual -- Fire Orange (sold) 2013 BMW X1 xDrive35i M-Sport -- Valencia Orange (sold) 2011 BMW 1-series M Coupe (#205/220) -- Valencia Orange (sold) 2009 BMW 135i M-Sport Coupe -- Space Grey (sold)
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10-29-2013, 09:41 AM	#4
marc@x-ph.com Captain 15 Rep 678 Posts Drives: 2010 e92 335i Join Date: Sep 2013 Location: USA iTrader: (0)	Keep it a get another cheap DD. 1Ms are hard to come by, i'd definitely keep it for a long time.
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10-29-2013, 10:11 AM	#5
LukeM3 Second Lieutenant 50 Rep 271 Posts Drives: X3 Join Date: Jun 2012 Location: USA iTrader: (0)	I wouldn't say they're hard to come by, as there's 13 for sale on autotrader, another 4 on eBay, plus another 3 at Carmax in the US. In Aberdeen, that may be a different story. Though, I'd side with everyone and drive it for as long as you can. I think resale will always be high on these cars due to their limited availability and reputation. So I wouldn't sweat the mileage. I'm sure nothing else will put a smile on your face like the 1M. What's that worth????
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10-29-2013, 10:37 AM	#7
willox Second Lieutenant 34 Rep 201 Posts Drives: M2,Cayenne Join Date: Nov 2012 Location: Aberdeenshire iTrader: (0)	Get another car for doing the miles in,just turned 5k on my one,I'd get bored off it quickly,driving it every day
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10-29-2013, 11:49 AM	#8
TwinTurboed Turbo Power 49 Rep 364 Posts Drives: 135i Join Date: Dec 2012 Location: Somewhere iTrader: (0)	Wait till the M4 gets out, test drive that. If you like it, replace the 1M with an M4. If not, I would keep the 1M for a long time and get a second daily driver. __________________ BSM 135i - CDV Delete \| Bilstein \| Eibach \| M3 FSB \| Whiteline
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10-29-2013, 12:01 PM	#9
ilikebmxbikes Banned 1518 Rep 4,744 Posts Drives: S65 1M Clone & E92 M3 4.6L Join Date: Apr 2011 Location: San Francisco iTrader: (42) Garage List '08/13 1M Clone 4.0L [10.00] '11 e92 M3 4.6L [10.00]	It's a car, drive it.
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10-29-2013, 08:42 PM	#11
mattm Captain 59 Rep 630 Posts Drives: Join Date: Aug 2008 iTrader: (0)	I got 40,303 on mine. __________________ Matt Murray I am perfectly capable of learning from my mistakes. I will surely learn a great deal today.
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10-30-2013, 03:45 AM	#13
Aussie_in_London Lieutenant Colonel 142 Rep 1,700 Posts Drives: 1M, i3 & track built Astra OPC Join Date: Apr 2011 Location: Kent iTrader: (0)	If it puts a smile on your dial keep driving it. Life is short and we only have one chance at it!
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10-30-2013, 04:55 AM	#14
1'M Blue Major 254 Rep 1,068 Posts Drives: 1M Join Date: Nov 2011 Location: OM iTrader: (0)	Drive it and enjoy it !
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10-30-2013, 05:04 AM	#15
RKR Second Lieutenant 279 Rep 243 Posts Drives: F80 ZCP Join Date: Dec 2012 Location: Aberdeen. iTrader: (0)	Cheers folks. I definitely have a case of sandy vagina haha, need to man up! It's only a panic because I sold my last car at 50k miles and it lost more than 50% of it's value in 2 years! Car definitely still puts a smile on my face so it seems stupid to let it go. Genuinely don't think there's anything else in the market, for the price albeit, that does everything as well. Sensible thing to do is buy a daily driver only use the car when needs must. Just not using the car to get back and forth to work would help, works out at around 1000 miles per month for just that! __________________ Flickr
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10-31-2013, 10:07 AM	#16
-cj- Captain 199 Rep 799 Posts Drives: '20 X5MC \| '20 Z4 Join Date: Dec 2011 Location: Toronto iTrader: (3)	I know where you're coming from. I ran up 24k km in the first year... But I've managed to reduce it to 6k this year. I picked up a 2013 Golf TDI to help offset the mileage and my fuel bill..... It's fun to drive. Totally changed the way I drive too. It's 2:1 sometimes up to 2.5:1 fuel savings, not even counting the cost difference of diesel vs premium.
	Appreciate 0 Quote

10-31-2013, 09:41 PM	#20
fastauto Captain 26 Rep 672 Posts Drives: AW 1M Coupe Join Date: Dec 2009 Location: Long Island, NY iTrader: (0)	I would sell my car now but in all honesty there is nothing out there that grabs my eye. The M3/4 does nothing for me. I am hoping the M2 will be what I am looking for but I will have to wait a little while for that one. At that time I will reevaluate what my plans are. For now I am just going to enjoy it and focus on a track dedicated build instead.
	Appreciate 0 Quote