1m History Check

onesixeight · 11-13-2014, 03:26 PM

I saw a beautiful low mileage 1m for sale in Portland OR.

Anyone know the history or maybe the previous owner a member of the forum?

http://www.grandprimotors.com/detail...-MTgyOQ==.html

Priced at 62k, its up there but one of the lowest mileage 1M I have seen for sale.

Thanks in advance!

Slats · 11-13-2014, 09:18 PM

Quote:

Originally Posted by onesixeight

I saw a beautiful low mileage 1m for sale in Portland OR.

Anyone know the history or maybe the previous owner a member of the forum?

http://www.grandprimotors.com/detail...-MTgyOQ==.html

Priced at 62k, its up there but one of the lowest mileage 1M I have seen for sale.

Thanks in advance!

If you click on the v.i.n. on the dealer ad, it takes you to the Carfax report. The last entry on the report says it was sold at an auction. I would be curious why this car would have been taken to the auction. Not a good sign.

onesixeight · 11-13-2014, 11:02 PM

I saw the auction sale in the report and that raised some red flags. Any good reason why this car might have been sold to auction?

I'm thinking about going to see this car tomorrow and will report back

Yeineken · 11-14-2014, 09:57 AM

Im guessing there was a chance at a higher payout from auction if two bidders got in a bidding war. Could also be some trouble with the cars history. (Heres a wrecked 1M that looks super clean for example: http://www.carwashcarsinc.com/2011_B..._181792282.veh ) still surprised no one has picked that car up yet.

GimmeanM · 11-14-2014, 10:16 AM

PDI was done on 7/5/11 with 3 miles on it.

Break in service (1200 mile service) was done on 8/22/11 with 848 miles on it.

Annual oil service was done on 10/13/12 with 3,705 miles on it.

Full maintenance program (Brake fluid flush, wiper inserts, microfilter, and oil service) along with the battery cable recall were all done on 1/15/14 with 4,987 miles on it.

Car has 72m/100k warranty on it...expires 6/29/17 (that's nice!)

All of this was preformed at BMW of San Diego.

The car has Convenience Package (ZCV) Premium Package (ZPP) Heated front seats (494) Satellite radio (655) HK sound (688) and BMW Apps (6NR)

Production date was 5/20/11. It is #112 out of 740 and MSRP was $53,760 (before destination).

onesixeight · 11-15-2014, 03:08 AM

Thanks for the detailed history! Really appreciate it!

IEDEI · 11-16-2014, 11:13 AM

don't worry about the auction history....MOST 2nd hand cars and trade ins go through that process if the dealer who takes a trade in decides to go that route.

EldRick · 11-16-2014, 11:44 AM

Quote:

I saw a beautiful low mileage 1m for sale in Portland OR.

That's very funny, as I bought an identical car (#162 of 740) from GP two months ago. Paid a premium price, as it only had 1300 miles on it. Maybe they've got a secret stash of 1Ms?

I'll look forward to seeing it on the street.

onesixeight · 11-16-2014, 04:12 PM

Quote:

Originally Posted by EldRick

That's very funny, as I bought an identical car (#162 of 740) from GP two months ago. Paid a premium price, as it only had 1300 miles on it. Maybe they've got a secret stash of 1Ms?

I'll look forward to seeing it on the street.

Wow, that's amazing that they have had two low mileage 1M in such a short period of time.

noiox8 · 11-17-2014, 04:30 AM

Quote:

Originally Posted by onesixeight

I saw the auction sale in the report and that raised some red flags. Any good reason why this car might have been sold to auction?

I'm thinking about going to see this car tomorrow and will report back

Did you come down to PDX to take a look? What are your thoughts? Looks much more promising than the white one at Carmax.

onesixeight · 11-17-2014, 04:34 AM

Quote:

Originally Posted by noiox8

Did you come down to PDX to take a look? What are your thoughts? Looks much more promising than the white one at Carmax.

I didn't get a chance to see the GP car. I'm thinking to give them a call tomorrow to see where there are at in terms of pricing.

EldRick · 11-20-2014, 02:54 PM

Re. the auction, car dealers use it to move cars they took in on a trade, but are unlikely to sell quickly, or that don't fit their demographic.

Your Chevy used-car dealer, for example, is unlikely to attract buyers for a Porsche, so he might use the auction to get move a Porsche that he took in trade on a Vette.

11-13-2014, 03:26 PM	#1
onesixeight Captain 102 Rep 614 Posts Drives: F82 M4/i8 Join Date: May 2005 Location: Seattle, WA iTrader: (3)	1m History Check - Anyone from here? I saw a beautiful low mileage 1m for sale in Portland OR. Anyone know the history or maybe the previous owner a member of the forum? http://www.grandprimotors.com/detail...-MTgyOQ==.html Priced at 62k, its up there but one of the lowest mileage 1M I have seen for sale. Thanks in advance!
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11-13-2014, 11:02 PM	#3
onesixeight Captain 102 Rep 614 Posts Drives: F82 M4/i8 Join Date: May 2005 Location: Seattle, WA iTrader: (3)	I saw the auction sale in the report and that raised some red flags. Any good reason why this car might have been sold to auction? I'm thinking about going to see this car tomorrow and will report back
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11-14-2014, 09:57 AM	#4
Yeineken Colonel 1301 Rep 2,093 Posts Drives: '11 135i M Sport Join Date: Dec 2013 Location: Delmarva Peninsula iTrader: (3) Garage List '11 135i [8.20] '16 Ford Hatchback [0.00] '15 X5 [10.00]	Im guessing there was a chance at a higher payout from auction if two bidders got in a bidding war. Could also be some trouble with the cars history. (Heres a wrecked 1M that looks super clean for example: http://www.carwashcarsinc.com/2011_B..._181792282.veh ) still surprised no one has picked that car up yet.
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11-14-2014, 10:16 AM	#5
GimmeanM We've landed on the moon! 1449 Rep 906 Posts Drives: 2011 1M (AW) Join Date: Sep 2014 Location: Denver, CO iTrader: (0) Garage List 2020 BMW M2 CS [0.00] 2018 Toyota Tacoma [0.00] 2011 BMW 1M [10.00]	Service History PDI was done on 7/5/11 with 3 miles on it. Break in service (1200 mile service) was done on 8/22/11 with 848 miles on it. Annual oil service was done on 10/13/12 with 3,705 miles on it. Full maintenance program (Brake fluid flush, wiper inserts, microfilter, and oil service) along with the battery cable recall were all done on 1/15/14 with 4,987 miles on it. Car has 72m/100k warranty on it...expires 6/29/17 (that's nice!) All of this was preformed at BMW of San Diego. The car has Convenience Package (ZCV) Premium Package (ZPP) Heated front seats (494) Satellite radio (655) HK sound (688) and BMW Apps (6NR) Production date was 5/20/11. It is #112 out of 740 and MSRP was $53,760 (before destination).
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11-15-2014, 03:08 AM	#6
onesixeight Captain 102 Rep 614 Posts Drives: F82 M4/i8 Join Date: May 2005 Location: Seattle, WA iTrader: (3)	Thanks for the detailed history! Really appreciate it!
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11-16-2014, 11:13 AM	#7
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]	don't worry about the auction history....MOST 2nd hand cars and trade ins go through that process if the dealer who takes a trade in decides to go that route.
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11-20-2014, 02:54 PM	#12
EldRick Second Lieutenant 27 Rep 231 Posts Drives: 1M VO - #161 US Join Date: Sep 2014 Location: Portland - the Real one - in Oregon iTrader: (0)	Re. the auction, car dealers use it to move cars they took in on a trade, but are unlikely to sell quickly, or that don't fit their demographic. Your Chevy used-car dealer, for example, is unlikely to attract buyers for a Porsche, so he might use the auction to get move a Porsche that he took in trade on a Vette.
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