Amazed how many 1M's for sale

[Gangplank]

I'm really surprised by how many 1Ms I see for sale. On Auto Trader app it shows 23 for sale nationwide.

They made 983 1Ms for (UR93 LHD spec) so while it's only 2.5% of the total produced that are for sale it sill seems like a lot of them.

It shows334 135i coupes. Which doesn't seem like very many available for a car that was mass produced for 6 yrs.

Seems the 135i may be destined to be a classic.

[ShocknAwe]

Future classics have to be a few of the following. Rare, Interesting, Beautiful, Good to drive.

135i only really satisfies 2 of those, well see I suppose.

On the M thing, 23 nationwide seems to be about normal from the numerous times I've nearly caved and went to buy one.

[dtwyim]

1M will always be more in demand, command a higher premium than 135 IMO.

I am guessing 1M sellers will hold firmer on their price, thus will sit on the market longer, giving the illusion of more being available for sale.

[IEDEI]

let me tell you something about the market. I first started following the 1M market in 2013.

back then, Autotrader had: 20-25 1Ms for sale in the $60k range

in 2014? 20-25 1Ms for sale in the $55k average range

in 2015? 20-25 1Ms for sale in $55k average range.

all the cars for sale will sell. some take 2 weeks...some take 2 months...some have crash histories...some are clean. the market for the 1M is really really weird.

One day I went to go look at 4 door Minis as a 2nd car....and got offered $50k cash for my car on the spot....yes without asking....I was just standing there looking at Minis! lol. I've also had notes left on my car asking to buy it. Who are these people?? why don't they go to Autotrader and buy one? lol

[Gangplank]

Of course & I agree. 1m will always cost more / hold its value more.

I pondered the idea of a 1m some time down the road. It's hard to figure suspension and body differences being worth that much more. It's the n54 motor w/ a tune.

Heck the 135is is the n55 w/ PPK and some fancy bits.

[champignon]

Most 1Ms surviving their first 1-2 owners in good shape will become Sunday afternoon/garage queen/trophy 2nd/3rd/4th/ or 5th cars for those who own them. They are also fungible forms of value and can easily be resold when the owner either needs the cash or gets bored with it and wants to move on. Z3M Coupes, now approximately 15 years of age and about 4X more numerous by original sales in N. America, trade this way, as will the 1Ms.

Certain other 1-Series cars will become collectible by virtue of the fact that they are the end of the line for small BMW Coupes/Sedans of about the same size as the original 3-Series cars, with the driving characteristics of old BMWs and the hardware to match (manual transmissions, hydraulic steering).

The fact that a subset of other 1-Series cars will become collectible does not speak to the prices they will trade for, which will be determined by supply and demand. Although they were "mass produced," the actual production numbers of such cars with 6MT plus perhaps other sports features (seats, suspension) was very small when compared to just about anything else that BMW has manufactured in their "mass produced" lines.

We know, more or less, the "supply" part of this equation for other, "collectible," 1-Series cars, but we don't know the future demand. If enthusiast drivers become a rare commodity, then the values will plummet and continue to plummet beyond the period of maximum and fast depreciation (roughly the first 5 or 6 years). If on the other hand, there are enough surviving middle aged and late middle aged drivers who remember what driving used to be possible to be, and they want that, then the values will stabilize at a relatively high number for an aging vehicle.

[IEDEI]

Originally Posted by Gangplank

Of course & I agree. 1m will always cost more / hold its value more.

I pondered the idea of a 1m some time down the road. It's hard to figure suspension and body differences being worth that much more. It's the n54 motor w/ a tune.

Heck the 135is is the n55 w/ PPK and some fancy bits.

it's worth every penny. I had a 135is before.

the 1M is so great....probably the best money I've ever spent on any 'object' as far as I'm concerned.

its not about just the engine...it's about the M3 installed underneath...literally. transforms the car.

I love the 135....a lot. but the 1M is a different animal.

[Bucki14]

Originally Posted by IEDEI

it's worth every penny. I had a 135is before.

the 1M is so great....probably the best money I've ever spent on any 'object' as far as I'm concerned.

its not about just the engine...it's about the M3 installed underneath...literally. transforms the car.

I love the 135....a lot. but the 1M is a different animal.

Agreed the driving sensation you get from M series cars is hard to understand until driven yourself. There's some M vodoo magic going on that just transforms the car!

[amsnow440]

Originally Posted by IEDEI

it's worth every penny. I had a 135is before.

the 1M is so great....probably the best money I've ever spent on any 'object' as far as I'm concerned.

its not about just the engine...it's about the M3 installed underneath...literally. transforms the car.

I love the 135....a lot. but the 1M is a different animal.

While I wholeheartedly share the love for the 1M as you do, I would have to say a more accurate statement may be "it's worth every penny if you plan to keep both stock." You could realistically build a 135i that surpasses the 1M in performance all while saving about $20k. Plus you don't have the inherent apprehension (that I would most certainly have) that comes with driving a unique, collectible car aggressively on the track, autox, on New York roads at all, etc.

As for the 135i becoming a classic it's very hard to tell at this stage. Yes it's different and (relatively) uncommon, but it's a niche car at the end of the day. A lot of its traits that many on here find appealing will only be a appreciated by a select few enthusiasts (unlike the 1M which was almost universally acclaimed).

[Solo_M_Tech]

The 1M is on my radar. As soon as my financial status allows, I'm buying one. Going from being in the Army, to being a student has modified my financial status, and until Im done with this, my 135i will get me by.

I don't see the 1M prices dropping, or the demand reducing in the near future. I will imagine in 10 years the price will be the same, or higher than it is now, but the demand will be much much higher. Real enthusiast won't sell out. Much like finding a LCI E46 M3 Coupe, with a 6MT.

[IEDEI]

Originally Posted by amsnow440

While I wholeheartedly share the love for the 1M as you do, I would have to say a more accurate statement may be "it's worth every penny if you plan to keep both stock." You could realistically build a 135i that surpasses the 1M in performance all while saving about $20k. Plus you don't have the inherent apprehension (that I would most certainly have) that comes with driving a unique, collectible car aggressively on the track, autox, on New York roads at all, etc.

As for the 135i becoming a classic it's very hard to tell at this stage. Yes it's different and (relatively) uncommon, but it's a niche car at the end of the day. A lot of its traits that many on here find appealing will only be a appreciated by a select few enthusiasts (unlike the 1M which was almost universally acclaimed).

yes stock to stock....I am not really into modifying cars any more (I used to be)

I just want something great out of the box now. Don't get me wrong I really enjoyed my stock 135is too and the 1M is faaaaar from perfect but for ME it's exactly what I wanted a car to feel like.

Personally I don't think you can go wrong with ANY 1-series....so it becomes a matter of preference after that.

[Gangplank]

Originally Posted by ApexResistance

The 1M is on my radar. As soon as my financial status allows, I'm buying one. Going from being in the Army, to being a student has modified my financial status, and until Im done with this, my 135i will get me by.

I don't see the 1M prices dropping, or the demand reducing in the near future. I will imagine in 10 years the price will be the same, or higher than it is now, but the demand will be much much higher. Real enthusiast won't sell out. Much like finding a LCI E46 M3 Coupe, with a 6MT.

The E46 M3 prices have come down quite a bit. $15-20k tops unless they are low mileage perfect condition garage queens.

I suspect the same will happen w/ the 1M at similar age. Eventually at 15-20 yrs they will go up. In the meantime they will drift down and be bought, sold, traded.

[IEDEI]

Originally Posted by Gangplank

The E46 M3 prices have come down quite a bit. $15-20k tops unless they are low mileage perfect condition garage queens.

I suspect the same will happen w/ the 1M at similar age. Eventually at 15-20 yrs they will go up. In the meantime they will drift down and be bought, sold, traded.

the same will not happen.

there are 20,000+ E46 M3s in the US.

there are 740 1Ms in this country.

[RoundelM3]

The M2 was just announced for Spring 2016 delivery. Probably going to be more 1Ms for sale once they start arriving.

[Solo_M_Tech]

Originally Posted by IEDEI

the same will not happen.

there are 20,000+ E46 M3s in the US.

there are 740 1Ms in this country.

I was referencing the enthusiast owner, and what they want.

1M's will always be enthusiasts cars. Only came with the 6MT.
E46 M3's with the 6MT are still considered enthusiasts cars, and are very hard to find, because no one wants to sell them. That was my point

1M's will not drop in price with age. They will probably plateau where they are now, for a few more years. But slowly with time, they will slowly rise in price. No question about that at all.

[MZWIE]

1M is way overpriced. People are nuts with the asking prices.

[gap]

Originally Posted by IEDEI

it's worth every penny. I had a 135is before.

the 1M is so great....probably the best money I've ever spent on any 'object' as far as I'm concerned.

its not about just the engine...it's about the M3 installed underneath...literally. transforms the car.

I love the 135....a lot. but the 1M is a different animal.

IEDEI you have a 1m track mind

[xtianrecords]

I'm looking at the 135i because of how much easier it will be to maintain than an M . the m235 seems to be a better choice nowadays

[IEDEI]

Originally Posted by gap

IEDEI you have a 1m track mind

lol. I am hopelessly in love. feel very lucky to own the car I wanted most in the world!!!

[champignon]

Originally Posted by xtianrecords

I'm looking at the 135i because of how much easier it will be to maintain than an M . the m235 seems to be a better choice nowadays

Can only reply with ?????????????, ???????????????

[Gangplank]

Was sorta thinking the same thing about the m235. 1M def more maint cost but not wildly so. . :huh

[Esteban]

Originally Posted by xtianrecords

I'm looking at the 135i because of how much easier it will be to maintain than an M . the m235 seems to be a better choice nowadays

The M235i over the 1M?? --->>>OMFG!!<<<---