Will prices drop to 30k and lower?

jonny jones · 12-23-2013, 04:16 PM

Hi guys iv bean looking at a few cars to replace my c63amg and have looked at the bmw m1 and liked look! BUT!! is the asking price of the same as car was when new werth it for 2011-12 car??? and will these drop to 30k or lower the next few years??

flzrider · 12-23-2013, 04:27 PM

What language is this?

tuco44 · 12-23-2013, 04:29 PM

Methinks a pre-Christmas troll...............

IEDEI · 12-23-2013, 04:29 PM

when prices fall to $1, i will buy 740 of them.

jonny jones · 12-23-2013, 04:31 PM

Quote:

Originally Posted by flzrider

What language is this?

Not very good English bud

jonny jones · 12-23-2013, 04:41 PM

Quote:

Originally Posted by Ian///M

johnny jone = Pav

its JONNY and its JONES know who"s a Troll lol

OrangeCrush · 12-23-2013, 04:58 PM

Jimmy johns

M3 Adjuster · 12-23-2013, 05:40 PM

Quote:

Originally Posted by jonny jones

Hi guys iv bean looking at a few cars to replace my c63amg and have looked at the bmw m1 and liked look! BUT!! is the asking price of the same as car was when new werth it for 2011-12 car??? and will these drop to 30k or lower the next few years??

yes.. it's common now that asking prices are actually north of the MSRP.

no, i don't expect the price to drop much below the original MSRP for low mileage originals... See BMW E36 lightweight and E46 M3 CSL.

Certainly in the next few years, some high mileage or salvage cars will be in the 30s...

note that it's taken a long time for the E9x M3 models to drop that far.. and tons of them were made.

Pete_vB · 12-23-2013, 05:47 PM

Is that 30k pounds, as the location is England?

In the US there are relatively fewer cars considering population size. All indications are that we're unlikely to get much below MSRP, if at all. Honestly if prices come down to 40k I'd probably get another, and I've got friends in line who wished they hadn't missed the boat who'd likely do the same. So... US prices, no chance in hell.

jonny jones · 12-23-2013, 05:51 PM

Quote:

Originally Posted by M3 Adjuster

yes.. it's common now that asking prices are actually north of the MSRP.

no, i don't expect the price to drop much below the original MSRP for low mileage originals... See BMW E36 lightweight and E46 M3 CSL.

Certainly in the next few years, some high mileage or salvage cars will be in the 30s...

note that it's taken a long time for the E9x M3 models to drop that far.. and tons of them were made.

Thanks for the reply and opinion buddy! The E46 csl is a super car and still 28-30k in england!

jonny jones · 12-23-2013, 05:57 PM

Quote:

Originally Posted by Pete_vB

Is that 30k pounds, as the location is England?

In the US there are relatively fewer cars considering population size. All indications are that we're unlikely to get much below MSRP, if at all. Honestly if prices come down to 40k I'd probably get another, and I've got friends in line who wished they hadn't missed the boat who'd likely do the same. So... US prices, no chance in hell.

Yes down to 30k english money mate!

There is 8 Bmw 1m s for sale in the hole of england all 38-41k priced! so not common in england!

Will the price drop next year when BMW 2 series comes out?? 235i coupe at 32k new!!

EINSER M · 12-23-2013, 06:15 PM

Quote:

Originally Posted by flzrider

What language is this?

LOL

ayao · 12-23-2013, 11:38 PM

You can't ignore the familial resemblance...

Reedomn · 12-24-2013, 12:29 AM

^^^^

671rover · 12-24-2013, 01:36 AM

Quote:

Originally Posted by jonny jones

Yes down to 30k english money mate!

There is 8 Bmw 1m s for sale in the hole of england all 38-41k priced! so not common in england!

Will the price drop next year when BMW 2 series comes out?? 235i coupe at 32k new!!

There's a hole in England?

providence · 12-24-2013, 04:52 AM

Quote:

Originally Posted by ayao

You can't ignore the familial resemblance...

....That's funny!

Artemis · 12-24-2013, 04:59 AM

Prices dropped to ± $1.

But good boys and girls might get one from Santa for free.

Chris ABP · 12-24-2013, 06:13 AM

Purchased my 1M used 18 months ago for £38k and looking at the number and prices of 1M's available in the UK my car has actually increased in value as anything with similar spec and mileage to mine are now £40k.

Whether this lasts or not nobody knows but if I consider selling in 12 months it looks like 2.5 years of 1M ownership might just cost me nothing!

450 originally in the UK and I think there are now less than 390 left with some being written off and others exported....

Chris

jonny jones · 12-24-2013, 11:03 AM

Quote:

Originally Posted by Chris ABP

Purchased my 1M used 18 months ago for £38k and looking at the number and prices of 1M's available in the UK my car has actually increased in value as anything with similar spec and mileage to mine are now £40k.

Whether this lasts or not nobody knows but if I consider selling in 12 months it looks like 2.5 years of 1M ownership might just cost me nothing!

450 originally in the UK and I think there are now less than 390 left with some being written off and others exported....

Chris

Nice chris! have not looked at black 1m yet! whots the most common colour for the 1m in the uk?

willox · 12-24-2013, 03:13 PM

Haven't decided if I'll sell my 1M next year,really don't know what I'd change into,guess with being a rare car at 450 rhd cars,should have quiet strong residual value,to keep it or not??? Recon you will pick up an abused or higher mileage car for under 30k,but you only get what you pay for.

Tomas · 12-25-2013, 06:34 AM

In Sweden prices are constantly falling. From something like 75-85K USD when new, depending on options of course, they are now starting to come down to under 60K USD.
Normal depreciation in other words, which I like since I planning to buy one next year

But of course there are more cars per population in Sweden compared to UK and US. Still a very rare car though.

carchrism5 · 12-27-2013, 10:52 AM

I just realized it was england so I have no idea, in the US I think it is a different story. In other countries it depreciates like a normal car, here they do not pretty much.

And I thought they spoke English in England, I don't know what language that is. My gf speaks 4 languages and English was not her first and she writes way better than that.

View Poll Results: what will the M1 price drop to next year/years
stay 40k+	46	77.97%
30-35k	4	6.78%
lower than 30k	9	15.25%
Voters: 59. You may not vote on this poll

12-23-2013, 04:16 PM	#1
jonny jones Enlisted Member 4 Rep 31 Posts Drives: merc c63 amg perf pack Join Date: Dec 2013 Location: england iTrader: (0)	Will prices drop to 30k and lower? Hi guys iv bean looking at a few cars to replace my c63amg and have looked at the bmw m1 and liked look! BUT!! is the asking price of the same as car was when new werth it for 2011-12 car??? and will these drop to 30k or lower the next few years??
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12-23-2013, 04:27 PM	#2
flzrider Captain 50 Rep 739 Posts Drives: AW 1M Join Date: Oct 2005 Location: Miami, FL iTrader: (1)	What language is this? __________________
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12-23-2013, 04:29 PM	#3
tuco44 Colonel 644 Rep 2,294 Posts Drives: 2018 340i xDrive M Perf Edtn Join Date: Apr 2007 Location: Western Canada iTrader: (0)	Methinks a pre-Christmas troll............... __________________ 2018 340i xDrive M Perf Edtn Sunset Orange Previous BMWs - 19 others since 1971.
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12-23-2013, 04:29 PM	#4
IEDEI Banned 1130 Rep 4,686 Posts Drives: L'Orange Join Date: Jul 2013 Location: Brooklyn, NYC iTrader: (0) Garage List 2011 BMW 1M [8.40]	when prices fall to $1, i will buy 740 of them.
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12-23-2013, 04:58 PM	#7
OrangeCrush Lieutenant Colonel 1236 Rep 1,963 Posts Drives: VO 1M #513/740 Join Date: May 2012 Location: USA iTrader: (0)	Jimmy johns
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12-23-2013, 05:47 PM	#9
Pete_vB Captain 119 Rep 898 Posts Drives: '69 GT3, GT4, 1M, 912 Join Date: Nov 2010 Location: SF Bay Area, Shenzhen, Oman iTrader: (0)	Is that 30k pounds, as the location is England? In the US there are relatively fewer cars considering population size. All indications are that we're unlikely to get much below MSRP, if at all. Honestly if prices come down to 40k I'd probably get another, and I've got friends in line who wished they hadn't missed the boat who'd likely do the same. So... US prices, no chance in hell. __________________ 1M, GT4, 1969 Porsche 911 w/ 997 GT3 Cup Motor (435hp & 2,100 lbs)
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12-23-2013, 11:38 PM	#13
ayao Thread killer 643 Rep 1,896 Posts Drives: 1M Join Date: Aug 2011 Location: CA iTrader: (2)	RobbyB's cousin? You can't ignore the familial resemblance...
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12-24-2013, 12:29 AM	#14
Reedomn Major 678 Rep 1,469 Posts Drives: Lambo Huracan/RR Velar/C8 Join Date: Feb 2008 Location: Minneapolis iTrader: (15)	^^^^ __________________ Lambo Huracan, Cherokee SRT, C8 on order. Sold- 458, GT3, f80 M3, e82 1M, f87 M2, e30 M3, e90 M3, e36 M3, e34 M5, e36 M3, e30 M3........
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12-24-2013, 04:59 AM	#17
Artemis Moderator 29406 Rep 13,104 Posts Drives: BMW M2 Competition Join Date: Jun 2011 Location: Belgium iTrader: (0)	Prices dropped to ± $1. But good boys and girls might get one from Santa for free. __________________ ///M is art ↔ Artemis
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12-24-2013, 06:13 AM	#18
Chris ABP Private First Class 28 Rep 161 Posts Drives: BMW 340i F31 Join Date: Sep 2012 Location: ABP Motorsport, Cheshire, UK iTrader: (1)	Purchased my 1M used 18 months ago for £38k and looking at the number and prices of 1M's available in the UK my car has actually increased in value as anything with similar spec and mileage to mine are now £40k. Whether this lasts or not nobody knows but if I consider selling in 12 months it looks like 2.5 years of 1M ownership might just cost me nothing! 450 originally in the UK and I think there are now less than 390 left with some being written off and others exported.... Chris __________________ BMW 340i Touring F31 Previous BMW’s owned - 1M Alpine White, M3 E92 Comp pack Santorini blue, E70 X5 X40D
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12-24-2013, 03:13 PM	#20
willox Second Lieutenant 34 Rep 201 Posts Drives: M2,Cayenne Join Date: Nov 2012 Location: Aberdeenshire iTrader: (0)	Haven't decided if I'll sell my 1M next year,really don't know what I'd change into,guess with being a rare car at 450 rhd cars,should have quiet strong residual value,to keep it or not??? Recon you will pick up an abused or higher mileage car for under 30k,but you only get what you pay for.
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12-25-2013, 06:34 AM	#21
Tomas Private 6 Rep 62 Posts Drives: 135i Join Date: Jul 2011 Location: Sweden iTrader: (0)	In Sweden prices are constantly falling. From something like 75-85K USD when new, depending on options of course, they are now starting to come down to under 60K USD. Normal depreciation in other words, which I like since I planning to buy one next year But of course there are more cars per population in Sweden compared to UK and US. Still a very rare car though. __________________ 135i with flashtune, BMC inbox airfilter and performance exhaust - 343whp and 510wnm
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12-27-2013, 10:52 AM	#22
carchrism5 Lieutenant Colonel 336 Rep 1,589 Posts Drives: M2, X3 M40i, 911 Join Date: Jun 2007 Location: NC iTrader: (3)	I just realized it was england so I have no idea, in the US I think it is a different story. In other countries it depreciates like a normal car, here they do not pretty much. And I thought they spoke English in England, I don't know what language that is. My gf speaks 4 languages and English was not her first and she writes way better than that.
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