Chances of getting a 1m used?

[Mr_M]

Now that production of 1M is over for US. What probability you thing is higher to find at a dealer?
1. a new 1M.
2. 1M returned as down-payment for a.... (M5)
3. as a lease return.
4. never finding 1M back at a dealer after 2011

[strati1]

expect to pay way over original msrp, but I am sure the chance will arrive for a select few individuals

[tkbr0wn]

You're chances are 100% if you offer me 65k for mine.

[rusty racer]

Originally Posted by bayside

Now that production of 1M is over for US. What probability you thing is higher to find at a dealer?
1. a new 1M.
2. 1M returned as down-payment for a.... (M5)
3. as a lease return.
4. never finding 1M back at a dealer after 2011

1) will be difficult but there are a few new ones at dealers now with big 10-15k markups. I think these will trend down in the next couple months and probably end up selling for 2-5k mark up.

2)A couple years before these show up

3)3-5 years before these show up but I think not many 1Ms leased any way.

I think used 1Ms with 1000-10,000 miles will start showing up in the next 6 months. Probably will sell for close to or just under MSRP for the next year or so then will discount down slightly over the next few years.

[Mr_M]

Originally Posted by rusty racer

1) will be difficult but there are a few new ones at dealers now with big 10-15k markups. I think these will trend down in the next couple months and probably end up selling for 2-5k mark up.

2)A couple years before these show up

3)3-5 years before these show up but I think not many 1Ms leased any way.

I think used 1Ms with 1000-10,000 miles will start showing up in the next 6 months. Probably will sell for close to or just under MSRP for the next year or so then will discount down slightly over the next few years.

Makes sense

[Ky1M]

Originally Posted by tkbr0wn

You're chances are 100% if you offer me 65k for mine.

[Mr_M]

Originally Posted by tkbr0wn

You're chances are 100% if you offer me 65k for mine.

I'm sure someone will take you on that

[bdaddylo]

Originally Posted by rusty racer

2)A couple years before these show up

M5 shows up next summer as a 2013 model

[jkoral]

I would like to find one for ~$40K with under 50K miles in 3-4 years. Perhaps around the time BMW comes out with the rumored/potential M2 coupe in the US (wonder what that would sticker for... $55K?).

[Mr_M]

Originally Posted by jkoral

I would like to find one for ~$40K with under 50K miles in 3-4 years. Perhaps around the time BMW comes out with the rumored/potential M2 coupe in the US (wonder what that would sticker for... $55K?).

I don't know enought about markets, but i think this will be possible in that time frame. How about in 15yrs+ ? will the "instant classic" effect will kick in and be price over the 6 digits..

[Bimmerlover76]

Originally Posted by jkoral

I would like to find one for ~$40K with under 50K miles in 3-4 years. Perhaps around the time BMW comes out with the rumored/potential M2 coupe in the US (wonder what that would sticker for... $55K?).

Wow, dream much? I would up that price by at lease 10K this early in the game. In a year or so? Maybe.

[jkoral]

Originally Posted by Bimmerlover76

Wow, dream much? I would up that price by at lease 10K this early in the game. In a year or so? Maybe.

Uh, what part of "in 3-4 years" is not clear?

[Hotrod99]

if you want one that bad, come to the UK! There are loads in the second hand market.

[Mr_M]

Originally Posted by Hotrod99

if you want one that bad, come to the UK! There are loads in the second hand market.

I don't like the steering wheel on the "correct" side of the car. Why you think there are so many already (17) ?

[mPlasticDesign]

Originally Posted by bayside

Now that production of 1M is over for US. What probability you think is higher to find at a dealer?
1. a new 1M.
2. 1M returned as down-payment for a.... (M5)
3. as a lease return.
4. never finding 1M back at a dealer after 2011

[Bimmerlover76]

Originally Posted by jkoral

Uh, what part of "in 3-4 years" is not clear?

Fair enough.

[Beemer22]

Expect to pay around $50K even 4-5 years from now. 1000 cars in United States. 1000 for 300 million people.

Finding one that is not beat to shit is the real key. Good Luck.

[Beemer22]

Originally Posted by jkoral

I would like to find one for ~$40K with under 50K miles in 3-4 years. Perhaps around the time BMW comes out with the rumored/potential M2 coupe in the US (wonder what that would sticker for... $55K?).

Haahaa, this post is epic

[jkoral]

Originally Posted by Beemer22

Expect to pay around $50K even 4-5 years from now. 1000 cars in United States. 1000 for 300 million people.

Says the wishful thinking 1M owner.

I don't see a used, 4-5 year old 1M going for sticker price.

There is no direct comparison, but similar models would be the E36/8 S54 M Coupe (~700 total produced for NA) and E86 M Coupe (~1800 total produced for NA). The big difference being these were produced and sold for 2 and 3 model years, respectively.

There was just an article in the June Roundel about buying a used '06-'08 M Coupe "Going, Going, Gone" (sub title: "There's a narrow window of opportunity to buy one of BMW's most perfect M Models"). $57K MSRP, the article states $30 to $35K for a 2007 model with 15K - 20K miles. Unfortunately, not a good comparison since the M Coupe was a slow seller and discounted by dealers.

Time will tell. I agree it might not depreciate as much as a M3, but not depreciate at all, I think you are dreaming (as I was accused earlier in this thread).

[Amnizu]

Originally Posted by jkoral

Time will tell. I agree it might not depreciate as much as a M3, but not depreciate at all, I think you are dreaming (as I was accused earlier in this thread).

I agree with you on this. Depreciation might not be as bad as other luxury models, but I strongly doubt we will be seeing over MSRP prices for 2 year old 1Ms with 20,000 miles on the clock.

[nebby]

Originally Posted by Beemer22

Expect to pay around $50K even 4-5 years from now. 1000 cars in United States. 1000 for 300 million people.

[ATSR]

Originally Posted by bayside

I don't know enought about markets, but i think this will be possible in that time frame. How about in 15yrs+ ? will the "instant classic" effect will kick in and be price over the 6 digits..