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1M Available but...$10K over MSRP??!

Discussion in '1 Series M coupe (2011)' started by bprzekop, Jul 30, 2013.

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    bprzekop

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    There is a lovely Valencia Orange 1M available right now in my area, but I am surprised at the price the dealer is asking: $64K ($10K over original MSRP) on a two year old, two owner car with 20K miles! Are these cars really that rare? I can't think of another recent BMW model that is commanding a 20% premium over original list 2 years and 20K miles from new....? Everyone seems to love these cars, but I am just wondering if I would be totally nuts to buy this car. By the way, to the 1M owner who misses his Z3 M Coupe, I miss mine too! It is the one car I no longer own that I miss the most, truly unique.
    mrsbee likes this.
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    steven s

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    mrsbee

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    From what everybody that has them says, they're worth every single penny.
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    wellardmac Ninja World Traveler

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    Buy and M3 for less and have more fun.
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    mattm

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    While asking price isn't necessarily what the car will sell for, the 1M Coupes have held to at least MSRP or more by a couple to three thousand. Yes, I do have a "dog in the fight" WRT pricing. :) @wellardmac: Have you driven one or been in one? If not you *might* revise your opinion after that ride. :) Don't be a hater. :)
    Yes, they do well at autocrosses:
    http://autox4u.com/nnjrlive/results.html
    http://autox4u.com/nnjrlive/fullpax.html
    http://autox4u.com/nnjrlive/fullraw.html
    And I get four 19" Hoosiers (315 & 265) inside to take to and from the event, too.
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    wellardmac Ninja World Traveler

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    Yes, I've driven 1Ms several times on the track. I loved driving it - nice nimble, handles well, but I'm not being a hater, I'm stating a simple fact. While the 1M is a very nice and capable car, and a lot of fun, it is simply outclassed by an M3 at a similar price - plain and simple, indisputable fact.
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    mattm

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    wellardmac Ninja World Traveler

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    You're comparing apples to oranges.

    In a straight line the M3 wins.
    On the straights and turns of a track, the M3 wins.
    In autocross an Miata or Mini wins. The 1M still loses. ;)
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    mattm

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    I guess you're still hating. A straight line? Now there's a challenge. Review the links for results I posted. Or use the SCCA results. Now if you said, a Corvette FRC beats a 1M, ya got me there. :) If you're getting beat by a Miata or MINI there's something wrong.
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    mattm

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    But back to the topic, will a M3 resell at or above MSRP? Maybe not. The 1M Coupe pulls strong numbers over the sticker. Watch eBay or autotrader cars and see what the sell for. It is impressive.
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    wellardmac Ninja World Traveler

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    I think you need to buy a dictionary and look up the definition of hating. I was complimentary of the 1M, but stated that the M3 is a better choice for the price.

    Here's a review from Motortrend that I would agree with:

    http://www.motortrend.com/roadtests...ries_m_vs_2011_bmw_m3_comparison/viewall.html

    I guess Motortrend reviewers are haters too in your book - especially considering that this was written before the prices of the 1M escalated into the land of ridiculous and made the M3 and ever better buy on a dollar for dollar comparison.
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    wellardmac Ninja World Traveler

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    I agree that it's impressive that they seem to be commanding such prices, but I would say that it's unwarranted and probably will not last.
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    mattm

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    Surely you jest with Motortrend? The base their Car/Truck/SUV of the Year based on advertising pages bought in the magazine. Dig deeper on the "methodology" in their testing (any comparos, not just BMW) and you'll find flipping a coin will offer better results.

    If I may counter with this:
    http://www.1addicts.com/forums/showthread.php?t=628567

    Again back to topic, the 1M has been out of production nearly two years and still getting the excellent resale value. What's the depreciation of a 2011 M3 these days?

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