01-03-2015, 12:45 PM | #112 |
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Exactly. This 1M "sell or don't sell" or "overvalued" discussion comes up with the same frequency as BMW M's product cycle.
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01-03-2015, 12:50 PM | #113 |
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01-03-2015, 01:03 PM | #114 | ||
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I also find it funny how you seem to think the 1M is much cooler then anything short of a supercar while two 1M owners that I know(who seem to be more in touch with reality then you are) drool over my M3 everytime they see it(not saying the M3 is cooler), they must not know that BMW built the 1M as the mecca of all M cars, and decided to sell it the same price as a 335i! But seriously, I like the 1M, my friend has a white one, it's nice, but I find it strange that while I want to keep my M3 forever(not to make money out of the last N/A M car, just to have fun driving it ), he wants to sell it after only tree years of ownership to get into a Cayman, I wonder what he did'nt understood that you have, maybe he does'nt live for the image and just want a better car instead of a rarer car. : Anyway, I find it pretty sad that having the big head seems to be a common trend for some 1M owners in this forum(if you feel it's not your case, then I'm probably not speaking of you ), wonder if it's the Napoleon complex or just the huge price on the used market that does that but in all case, it makes it very hard to speak your mind on this little car when people get so diffensive about it for no reason. : Here's me and my friend at a track day a couple years ago and us again at an air strip event this summer, hard to tell that the 1M has so much more cool factor then the M3, even more so when you ear them running! BTW I love the 1M, specially when I have the chance to play with one on a straight! |
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01-03-2015, 01:34 PM | #115 |
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great reading guys!!! just had to add my bit.
I am a serious car nut. I got my 1m a year ago during the december dip in car prices and at the point when in the UK "at least" the 1m was at its lowest value (approx 5k under list price) My nice spec car with no added fat extras is now worth nearly 10k more within just 12 months. I had concerns that the m3/m4 launch and the m2 soon to come would affect the value of my car but it appears that people are still only just starting to learn about 1ms as they are so few and far between and have stayed out of a lot of peoples price budget!!!
if U ask most 1m owners what hooked you to the car they would not think about the finances first, oh no what they would actually do is recall a memories of sheer fun in their car and those memories just don't stop coming!!! Even if the car was depreciating like most cars do i honestly think that we would almost all still be hanging on to these little gems for all those other reasons that make us smile!!!! As for the comments on handling on track: surely the report needs to come from someone who has driven all standard versions of the M cars mentioned on the same track. Then it might be a fair conclusion as to which was best out a the box. I have driven plenty of non-racecars on track and have only used my 1m at the nurburgring so far but with a set of semi-slick R888s and a set of pfc-08 pads all round I found the 1m good for stability, sublime turn in confidence, braking on a level with my R34GTR track car and nice analogue connected feeling. Sure if a racing driver took it for a lap he would pull it apart but racing drivers drive racing cars. We are just lads having fun in our rides aren't we ???? I CERTAINLY AM !!!!!
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01-03-2015, 01:55 PM | #116 | |
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At the same time, I find myself wanting something a bit more modern, because the maintenance of an e30 M3 can get annoying. I like the 1M for its exclusiveness and for its performance, but never thought it was a good looking car, not that it is a huge factor for what I want. What is a big factor however, is that I can't see myself spending almost full price on a 4 year old car, when I can get a slightly used M235i for less money. The trade off on the M235i is the fact that it isn't as exclusive and that it won't retain its value like the 1M.......so it boils down to what is more important to me personally. So when I say overvalued, I am stating my opinion based on my needs. Right now I will stay put and see what the M2 will have to offer. From a collectors stand point the 1M will always be desirable I suppose, so maybe in that term it isn't overvalued. At the same time, there are better investments. From a performance perspective I think it is overvalued and over the next few year there will be less people willing to pay new car prices for a 1M, when they can get a used Cayman S, an e90 M3, or M235i for a lot less money and have a better performing car. It all depends on what is important to you. BTW, I think this will be my new signature |
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01-03-2015, 02:07 PM | #117 | ||
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JK, setup, driver experience etc, I'm sure you'd run right past me if you're running well in a dedicated track toy in advanced groups
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01-03-2015, 02:52 PM | #118 |
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I drool over my friends 335, modified with every gizmo he can put into it... Hack, I dig his gti... That does not mean I would find myself buying one... It's not my cup of tea.
I did not mean to start a war 1m vs m3... Nor did I try to offend the p-guys with my lazy typing... Btw, where is the Mercedes fans calling me out for not completely spelling their ride? Is model T cool or not? It's definitely overvalued by those terms, I bet you can run circles around it... Lol I am driving my m, it has little investment value to me, i prefer to hold other assets as investments... But, it brings me joy every day to the point that I find myself deliberately skipping the train route and taking the highway... |
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01-03-2015, 02:55 PM | #119 |
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01-03-2015, 03:17 PM | #120 | |
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Again, not to read too much in to it, but when I study the video I notice that I catch him going in to the turns and coming out of the turns, but he is not pulling from me on the straights, which was a little surprising. I would think that the 1M has a huge torque advantage over my car, yet it didn't seem to make a difference. |
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01-03-2015, 04:19 PM | #121 | |
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Oh well great article the 1M is indeed a special car |
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01-03-2015, 05:32 PM | #122 |
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Love the 1M - biggggg regret not getting one. What a car...
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01-03-2015, 05:39 PM | #124 | |
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01-04-2015, 11:57 AM | #125 |
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Because it was in the gambler?
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01-05-2015, 07:36 AM | #126 |
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Must not be an enthusiast, I find it completely different that the 135i.. obviously in s straight line w a tuned non-M E82 they are similar, minus the traction.
But ya, 70k would be a stretch, so I am w/ ya there..unless you are planning to park it in a bubble...I've seen a 993 turbo w less than 500mi sell for over 300k in the past year.
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01-05-2015, 10:04 AM | #127 | |
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In a few years there will be 'bubble' 1Ms selling with less than 500 miles for over $100k. The attraction towards the 1M will continue to grow....i am hoping the M2 is a great car, as that will only feed the roots of the 1M being the origins of the 'modern M car"....which it is. I'm fine with that...my 1M will probably have over 100k miles by then (already at 50k) and then i can take a stroll into my garage like i do now...just to stare at it...and brush its alcantara steering wheel as a reward to the legend growing! lol That being said...i don't care much about 2nd hand pricing anymore. I am never selling mine so it doesn't really matter. For the time being there's pretty much nothing i'd rather be driving...it ticks every box. Call me a fanboy...i don't care. This car deserves a following....which it already has! Last edited by IEDEI; 01-05-2015 at 10:11 AM.. |
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01-05-2015, 10:54 AM | #128 |
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...and here I am, crying in a corner and wishing the 1 M's were cheaper to buy. Had to go with the second fastest version of the beloved and hated Einser instead. I so much would love to own an Alpine White 1 M.
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01-05-2015, 11:37 AM | #129 | |
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01-05-2015, 01:04 PM | #130 | |
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Let me try to break it down another way. Price= supply and demand Supply is limited and will not get better, therefor value will always be higher than average (side note, world wide production was 6309, so they are a bit easier to come by in Germany for example) Demand has been high since the introduction due to these factors: Only enthusiasts car BMW has offered in a while and for a while Latest and greatest BMW Full factory warranty Exclusiveness Bang for the buck Cool factor So when somebody says the prices won't be as good when the M2 arrives, it doesn't mean the that person hates the 1M, or that the 1M will drop like a rock in value, but rather that the demand will come down a bit and therefor effect pricing. How much, nobody knows, pure speculation. All I know is that going forward the demand column will loose a lot of the criteria I listed. It won't have: Bang for the Buck Full factory warranty Be the latest and greatest BMW Won't be the only enthusiast car from BMW to choose from So, if I am in the market for a light an nimble BMW, and the choice is $35-$40k for a used M235, $60k for a new M2, or $50k or more for a used 1M, me personally would chose the 1M last out of that bunch, unless I am purely buying for speculation and not for driving. Does that make me a hater? I don't think so. Also, the collector car market has bubbles similar to the stock, or the housing market. Right now the collector car market is smoking hot. But for those old enough to remember the late 80's early 90's, you will remember that it can crash. If we are talking about a bubble car generating 100k in a few years, sure, that is not out of the questions, but at that point it is just a trophy and I might as well get another investment with a greater potential. |
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01-05-2015, 01:40 PM | #131 |
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bold letters and a heightened self importance...
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01-06-2015, 04:59 PM | #132 | |
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