04-13-2022, 07:37 PM | #1 |
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1M For Sale on BaT
Hi all,
Just wanted to spread the word that there is really nice 31K mile 1M for sale on BaT right now!! I purchased this 1M new from Shelly BMW in May of 2011 (28 of 740 in the US) and sold it to a good friend of mine in 2015. Unfortunately, he can no longer drive the car due to an injury he suffered and decided to put it up for sale. Check out the link below and spread the word to anyone you know looking for a 1M - thanks!! https://bringatrailer.com/listing/2011-bmw-1m-101/ |
04-18-2022, 01:31 PM | #3 |
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The sale closed on Easter around Brunch Time. Seems like a tough time to finalize an auction, but maybe I am off-base? Glad the seller got a decent number.
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04-20-2022, 12:12 AM | #4 |
eh
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A bit higher than expected for the mileage
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04-20-2022, 07:21 AM | #5 |
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Only if you ignore the fact that the curve drawn is itself just an average between data points. Too small a sample to draw such a conclusion.
Again, it is very apparent that if you buy a limited production BMW that cost above average when new, and then don't drive it hardly at all for over a decade, it could be worth a bit more than you paid for it. But then if you'd bought Tesla, Google, or Apple stock with the money you spent to buy a car you never drive . . . What is the point? To own a car you enjoy driving? Or to own a car you never drive? I always cringe when I hear people refer to "investing" in a new BMW. |
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04-20-2022, 10:09 AM | #6 | |
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04-20-2022, 04:33 PM | #7 |
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04-21-2022, 01:29 AM | #8 |
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"Many opted to drive it in weekend, trips instead." - This is me.
During the week, I drive my Acura RSX Type-S to and from work. On the weekend, I'll drive my 1M but only if I know I'll be able to DRIVE it and not be stuck in traffic somewhere. |
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04-24-2022, 03:31 PM | #10 |
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No, actually I think we are in agreement.
If you don't drive the 1M, one of the finest BMWs ever produced, how can you possibly enjoy it? Just pointing out what they're worth today with no miles on them means nothing to those who bought them to drive. An E30 M3 is a good example of a BMW that can be enjoyed, have miles on it, and still bring a good return when the owner decides it's time to sell. The 1M is similar but I doubt one with 100k-miles on it will ever be worth $100,000. But who had the most fun? |
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04-25-2022, 08:48 AM | #11 | |
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For example, I purchased a 2016 F80 M3 new from BMW, traded my 2012 135i for it. After 3 years, I traded that M3 (with 30k miles on it) for a brand new truck and got almost what I owed; and 0% financing on the truck. After less than a year, I purchased my 1M w/49k miles for $49k. What's cringeworthy again? |
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