BMW 1 Series Coupe Forum / 1 Series Convertible Forum (1M / tii / 135i / 128i / Coupe / Cabrio / Hatchback) (BMW E82 E88 128i 130i 135i)
 





 

Post Reply
 
Thread Tools Search this Thread
      04-03-2015, 12:29 AM   #1
NPVPositive
Lieutenant
NPVPositive's Avatar
Australia
31
Rep
439
Posts

Drives: BMW 1M
Join Date: Jan 2011
Location: Sydney

iTrader: (0)

1M prices

http://www.carsales.com.au/private/d...-2774730/?Cr=0

Can't believe this guy is still asking $130,000. Dreamin'. People can be so delusional!

I love my 1M, but it's a niche car that appeals to a small group of enthusiasts. BMW got greedy when they discovered that Australians would actually pay $110k for the car . . . they boosted the Aussie allocation from 100 cars to 300 cars, which was probably about 50 more than Australia's "natural demand". Canada is a good benchmark: they got 220 cars for a larger population of 35 million.

So in the UK (450 cars) and the US (740 cars) the 1M is now viewed as collectible and examples sell for more than the original list price. Meanwhile here we have a permanent oversupply of cars trying to find a home . . . . there are usually 10-12 on carsales.

What is the "clearing price" that most Aussie 1Ms actually sell for right now? My guess would be about $75k.
__________________
"This is a brilliant, brilliant, brilliant car. And that's all really I've got to say. The end."

Clarkson on the 1M

Last edited by NPVPositive; 04-03-2015 at 01:42 AM.
Appreciate 0
      04-03-2015, 12:57 AM   #2
1q2w3e4r
Breakfast at Tiffany's
1q2w3e4r's Avatar
19
Rep
1,054
Posts

Drives: BMW
Join Date: Jan 2007
Location: Sydney

iTrader: (0)

Send a message via MSN to 1q2w3e4r
I think it's lower than that, there's one with <10k on the clock asking $77k and its been sitting for ages.
Appreciate 0
      04-03-2015, 01:29 AM   #3
NPVPositive
Lieutenant
NPVPositive's Avatar
Australia
31
Rep
439
Posts

Drives: BMW 1M
Join Date: Jan 2011
Location: Sydney

iTrader: (0)

Quote:
Originally Posted by 1q2w3e4r View Post
I think it's lower than that, there's one with <10k on the clock asking $77k and its been sitting for ages.
Yeah, you're probably right. Maybe $70k-$75k with a bit of variance between states depending on what's available in each market. Most people don't want the hassle of buying an interstate car, so each state is a "micro market".
__________________
"This is a brilliant, brilliant, brilliant car. And that's all really I've got to say. The end."

Clarkson on the 1M
Appreciate 0
      04-03-2015, 04:58 AM   #4
MR RIZK
Second Lieutenant
Australia
32
Rep
201
Posts

Drives: RR Sport
Join Date: Mar 2013
Location: Sydney

iTrader: (0)

Quote:
Originally Posted by 1q2w3e4r View Post
I think it's lower than that, there's one with <10k on the clock asking $77k and its been sitting for ages.
This one is no longer for sale from what i can see
Appreciate 0
      04-03-2015, 04:11 PM   #5
BMWRX
Major
BMWRX's Avatar
Australia
56
Rep
1,064
Posts

Drives: F82 M4 CP
Join Date: Jul 2009
Location: Brisbane, Queensland

iTrader: (0)

Garage List
2017 BMW M4  [0.00]
It sold a week or two ago but remained on Carsales
__________________
2017 BMW M4 Competition - Mineral Grey
2009 BMW 135i - Titan Silver - SOLD
Appreciate 0
      11-02-2015, 05:29 PM   #6
kaitan
Lieutenant Colonel
kaitan's Avatar
50
Rep
1,545
Posts

Drives: The Dark Side VAG TDI Biturbo
Join Date: Nov 2011
Location: sydney, australia

iTrader: (1)

Would the car price drop considering the m2 is about to launch in the sense that people will get to know how much the drive away prices are? Apparently I have been told by bmw that the car is going to be pretty much full option.

What would the 1M price be now for something like under >20k or even >10k on the clock because the price difference between the two mileage is a lot.
__________________
Sold:08 BSM E92 335i JB4
Sold: BMW AW 1M , BMW Performance Seats, Revozport CF Front Lip, Revozport CF Trunk Lip, Revozport CF Roof Lip, Revozport CF Side Skirt
Now: Audi A6 C7 TDI Biturbo
Check out Facebook: TLCC @ Lane Cove
Appreciate 0
      11-02-2015, 10:15 PM   #7
DR-JEKL
Major General
Australia
594
Rep
5,787
Posts

Drives: Space Grey E92 335i 6MT
Join Date: Jul 2012
Location: Newcastle Ozstraylia

iTrader: (3)

Quote:
Originally Posted by kaitan View Post
Would the car price drop considering the m2 is about to launch in the sense that people will get to know how much the drive away prices are? Apparently I have been told by bmw that the car is going to be pretty much full option.

What would the 1M price be now for something like under >20k or even >10k on the clock because the price difference between the two mileage is a lot.
I'm sure there will be a few 1M owners trading in for a M2 especially as they would be coming off a 4 year lease around this time and in the future.

It would be nice to know what the typical bmw trade in price would be (of course it would depend on mileage, condition, amount of options ordered on the new M2) but say BMW were to offer $70k trade in typically most owners would be hoping for say $72-75k private sale. Of course they may list it firstly at $80k, then as the trade in date gets closer the seller will start to drop his price in a desperate attempt to sell for anything above the hypothetical trade in price of $70k.

The key would be to try and buy just before there trade in is due so you can get it for a great price, and the seller makes a little bit of profit over his bmw trade price...
Appreciate 0
      11-02-2015, 10:20 PM   #8
BEAM3R
Private First Class
BEAM3R's Avatar
Australia
22
Rep
154
Posts

Drives: 1M Coupe, E36 M3 Coupe
Join Date: Feb 2011
Location: Sydney

iTrader: (1)

BMW won't give anything near $70k. I had a friend that used to work at BMW North Shore and they used to trade them at around $80k when 1M's were still going for over $100k+.
Appreciate 0
      11-02-2015, 10:39 PM   #9
kaitan
Lieutenant Colonel
kaitan's Avatar
50
Rep
1,545
Posts

Drives: The Dark Side VAG TDI Biturbo
Join Date: Nov 2011
Location: sydney, australia

iTrader: (1)

What would be a fair price to pay now for a 2012 with under 20k mileage ? Seeing that Marty recent got $83k for 10k mileage with premium selection ! Maybe around $80k before drive away ?
__________________
Sold:08 BSM E92 335i JB4
Sold: BMW AW 1M , BMW Performance Seats, Revozport CF Front Lip, Revozport CF Trunk Lip, Revozport CF Roof Lip, Revozport CF Side Skirt
Now: Audi A6 C7 TDI Biturbo
Check out Facebook: TLCC @ Lane Cove
Appreciate 0
      11-02-2015, 11:04 PM   #10
martymil
Banned
Australia
349
Rep
2,187
Posts

Drives: Garage is to big to list.
Join Date: Jun 2013
Location: Sydney

iTrader: (8)

Mine had 9200km

The problem is there is too many of them for sale and they all want too much money
and they are going to sit there until they get desperate.

I don't think the m2 is going to devalue low km 1M's but it surly will the higher ones.

There was one that sold for 66k with 61000km, now that's right on the money.

They are worth around 75 to 80 k with >20000k

Once the km start going up the prices drop dramatically but these people think they
can make money on them. Good luck.
Appreciate 0
      11-03-2015, 12:25 AM   #11
DR-JEKL
Major General
Australia
594
Rep
5,787
Posts

Drives: Space Grey E92 335i 6MT
Join Date: Jul 2012
Location: Newcastle Ozstraylia

iTrader: (3)

Quote:
Originally Posted by BEAM3R View Post
BMW won't give anything near $70k. I had a friend that used to work at BMW North Shore and they used to trade them at around $80k when 1M's were still going for over $100k+.
In the scenario above it was just a hypothetical value, but it would be nice to know what they're trading for nowadays!
Appreciate 0
      11-03-2015, 12:39 AM   #12
T1M
Captain
Australia
189
Rep
675
Posts

Drives: AW MY12 1M
Join Date: Jun 2015
Location: Melbourne, Australia

iTrader: (0)

Nice pickup Marty. Yep agree on prices I just paid 77500 on road for my fully optioned AW 2012 with 34K on it. Quite rare to find a fully optioned example, oddly, few had comfort access and even fewer have heated seats.



Quote:
Originally Posted by martymil View Post
Mine had 9200km

The problem is there is too many of them for sale and they all want too much money
and they are going to sit there until they get desperate.

I don't think the m2 is going to devalue low km 1M's but it surly will the higher ones.

There was one that sold for 66k with 61000km, now that's right on the money.

They are worth around 75 to 80 k with >20000k

Once the km start going up the prices drop dramatically but these people think they
can make money on them. Good luck.
Appreciate 0
      11-03-2015, 12:51 AM   #13
kaitan
Lieutenant Colonel
kaitan's Avatar
50
Rep
1,545
Posts

Drives: The Dark Side VAG TDI Biturbo
Join Date: Nov 2011
Location: sydney, australia

iTrader: (1)

Quote:
Originally Posted by cryptik View Post
Nice pickup Marty. Yep agree on prices I just paid 77500 on road for my fully optioned AW 2012 with 34K on it. Quite rare to find a fully optioned example, oddly, few had comfort access and even fewer have heated seats.
I don't understand why would people not want comfort access on a luxury car ?

That's some of the criteria that I must have!!
__________________
Sold:08 BSM E92 335i JB4
Sold: BMW AW 1M , BMW Performance Seats, Revozport CF Front Lip, Revozport CF Trunk Lip, Revozport CF Roof Lip, Revozport CF Side Skirt
Now: Audi A6 C7 TDI Biturbo
Check out Facebook: TLCC @ Lane Cove
Appreciate 0
      11-03-2015, 12:51 AM   #14
martymil
Banned
Australia
349
Rep
2,187
Posts

Drives: Garage is to big to list.
Join Date: Jun 2013
Location: Sydney

iTrader: (8)

I'm glad I have no comfort access or heated seats not interested in those options

It's exactly what I wanted
Appreciate 0
      11-03-2015, 12:59 AM   #15
nesnah
Private First Class
18
Rep
116
Posts

Drives: AW 1M
Join Date: Jun 2015
Location: Melbourne

iTrader: (1)

I can't live without comfort access lol. I feel I got lucky with my purchase. 78k with 11,000km on the clock and an akra evolution.
Appreciate 0
      11-03-2015, 01:02 AM   #16
kaitan
Lieutenant Colonel
kaitan's Avatar
50
Rep
1,545
Posts

Drives: The Dark Side VAG TDI Biturbo
Join Date: Nov 2011
Location: sydney, australia

iTrader: (1)

Quote:
Originally Posted by nesnah View Post
I can't live without comfort access lol. I feel I got lucky with my purchase. 78k with 11,000km on the clock and an akra evolution.
OMG such a good buy!
__________________
Sold:08 BSM E92 335i JB4
Sold: BMW AW 1M , BMW Performance Seats, Revozport CF Front Lip, Revozport CF Trunk Lip, Revozport CF Roof Lip, Revozport CF Side Skirt
Now: Audi A6 C7 TDI Biturbo
Check out Facebook: TLCC @ Lane Cove
Appreciate 0
      11-03-2015, 05:01 AM   #17
martymil
Banned
Australia
349
Rep
2,187
Posts

Drives: Garage is to big to list.
Join Date: Jun 2013
Location: Sydney

iTrader: (8)

I would love to hear that exhaust in real life, but I actually love the sound of the stock can

I'm going to try and make sure externally my car looks very stock
Appreciate 0
      11-03-2015, 05:56 AM   #18
Zuzu
Major General
Zuzu's Avatar
Australia
185
Rep
7,409
Posts

Drives: LBB LCI M2
Join Date: Mar 2008
Location: Sydney Australia

iTrader: (0)

Quote:
Originally Posted by DR-JEKL View Post
In the scenario above it was just a hypothetical value, but it would be nice to know what they're trading for nowadays!
My 1M had all the options bar ski bag, and was immaculate, as you all know, with 26k kms and 2 years warranty remaining..
Best trade in I got was $65,200 from a Chrysler dealer on a jeep SRT..

In in the end sold privately..
Appreciate 0
      11-03-2015, 06:36 AM   #19
schmick325
Private
20
Rep
74
Posts

Drives: 2012 BMW 1M
Join Date: Mar 2015
Location: Brisbane, Australia

iTrader: (0)

I think trade in would be in the mid $50's now for a car like mine, BSM with 38k kms.

If I could get $65k-$70k i'd be happy. They don't seem to move quickly in the private market but once one comes up at a BMW dealer it sells quick.

I don't see M2's having a big effect as they will be well north of $100k on road.
Appreciate 0
      11-03-2015, 08:12 AM   #20
kaitan
Lieutenant Colonel
kaitan's Avatar
50
Rep
1,545
Posts

Drives: The Dark Side VAG TDI Biturbo
Join Date: Nov 2011
Location: sydney, australia

iTrader: (1)

1M

Does anyone know this car? What is the price I should offer ? Isn't it a tad high? It 9500km on the clock.
Attached Images
 
__________________
Sold:08 BSM E92 335i JB4
Sold: BMW AW 1M , BMW Performance Seats, Revozport CF Front Lip, Revozport CF Trunk Lip, Revozport CF Roof Lip, Revozport CF Side Skirt
Now: Audi A6 C7 TDI Biturbo
Check out Facebook: TLCC @ Lane Cove
Appreciate 0
      11-03-2015, 09:08 AM   #21
D2000
Private
6
Rep
63
Posts

Drives: 135i - Sold
Join Date: Jun 2014
Location: Sydney

iTrader: (1)

Pretty sure it was on the market in NSW a few months ago asking in the 90s. Don't know if it sold to someone in Vic and now is for sale again or if the owner just moved to Vic. Still has NSW plates
Appreciate 0
      11-03-2015, 09:17 AM   #22
kaitan
Lieutenant Colonel
kaitan's Avatar
50
Rep
1,545
Posts

Drives: The Dark Side VAG TDI Biturbo
Join Date: Nov 2011
Location: sydney, australia

iTrader: (1)

Quote:
Originally Posted by D2000 View Post
Pretty sure it was on the market in NSW a few months ago asking in the 90s. Don't know if it sold to someone in Vic and now is for sale again or if the owner just moved to Vic. Still has NSW plates
Yes the owner is from nsw but the new owner is in VIC but still having nsw plates. So technically he would have bought it for roughly $85k? But I'm not digging the stripes
__________________
Sold:08 BSM E92 335i JB4
Sold: BMW AW 1M , BMW Performance Seats, Revozport CF Front Lip, Revozport CF Trunk Lip, Revozport CF Roof Lip, Revozport CF Side Skirt
Now: Audi A6 C7 TDI Biturbo
Check out Facebook: TLCC @ Lane Cove
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 11:36 AM.




1addicts
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST