Go Back   Ohio Bimmers forum > Ohio Bimmers > General BMW Chat

Reply
 
Thread Tools Display Modes
Old 12-05-2015, 08:41 AM   #1
AudiOn19s
Awesome
 
AudiOn19s's Avatar
 
Join Date: Jul 2008
Name: Andy
Location: New Albany
Car: A4, E55, GT3, 997TT
Posts: 799
AudiOn19s is on a distinguished road
Default 1M current / future market.

I haven't really followed lately. Are 1M's still trading above MSRP or has that market cooled?

What's the future outlook on the market for them. Can you buy one, drive it and still have it retain value pretty well? Or do values go in the crapper if you don't bubble wrap it?

Our 997 turbo was totaled recently and I'm considering replacements. I realize no car is a good investment, but there certainly are cars that have can be enjoyed in today's market and still is lose very little value.

I've put 15k miles on my GT3 in 4 years, a lot of them on track and it's worth $20k more than I paid for it. We put 9k miles on the turbo in 18 months and got paid 4K more than I paid for it.

Another 997 turbo is probably at the top of our list currently as it's an amazing car...but I've been looking at GT4's , GT2's and the 1M has also crossed my mind. I'm just not in touch with the BMW market like I used to be.

Input appreciated
__________________
PCA Nationally Certified Driving Instructor
AudiOn19s is offline   Reply With Quote
Old 12-05-2015, 10:25 AM   #2
Fishey
Awesome
 
Fishey's Avatar
 
Join Date: Apr 2009
Name: Ronald
Location: Lebanon, Ohio
Car: Porsche
Posts: 567
Fishey is on a distinguished road
Default

I think the 1M will have a strong future market but I think it will take a long time for it to develop.

The 997.1TT will forever in my mind will be a stronger market if its a manual.

The 1M is a special car for sure but with the development going forward of similar or more power 2 series using what is pretty much the same engine/chassis its going to take away some of that flash.

The 997.1 on the other hand is the last of the Mezger and the last motorsports developed street motor. Its the last of the Manual Transmission and that is the G50 Pull Style Clutch/Motorsports derived gearbox. It is also one of the very best looking sports cars on the road.

To say the 997.1 is undervalued now is an understatement. Those cars are the next big market that is going to soar. The 996TT will also shoot up since they are very undervalued right now.

A lot of my enthusiast friends are dropping older cars that they bought 10 years ago at $40,000+ Profit to fund their next purchase in a 996TT or 997TT. There is no doubt in my mind as someone who works on these cars daily its going to be a very special car in the future. The 996TT/997TT are in my mind might be the best factory engineered car ever built.
__________________
http://p3autokrafte.com
937-312-9950
Fishey is offline   Reply With Quote
Old 12-05-2015, 12:56 PM   #3
AudiOn19s
Awesome
 
AudiOn19s's Avatar
 
Join Date: Jul 2008
Name: Andy
Location: New Albany
Car: A4, E55, GT3, 997TT
Posts: 799
AudiOn19s is on a distinguished road
Default

997.1 is the big leader, plus I have a pile of parts I pulled from our old car in order to transfer to the next one (ECU w/flash, exhaust, headers, intercoolers, etc.).

Matter of fact I get first dibs on an '08 in the color combo we were originally after with only 16k miles on it when it comes on the market in the next month or two.

Can't help but daydream a little about other possibilities.

Had the GT2 market not exploded like it did in the last 12 months that would be a strong candidate...my wife feels she needs a sunroof for some reason :-(
__________________
PCA Nationally Certified Driving Instructor
AudiOn19s is offline   Reply With Quote
Old 12-05-2015, 10:52 PM   #4
David1
Awesome
 
David1's Avatar
 
Join Date: Feb 2008
Name: David
Location: Columbus, OH
Car: M2
Posts: 1,218
David1 is on a distinguished road
Default

A 1M with 70k and 100k mile warranty sold in the the low 30k range on bring a trailer.com so if you put miles on it, it's not that imune from depreciation. The ones that hold value are not driven much. Less than 5k miles still around sticker. 15k-20k miles and stock less than sticker. Over 30k miles and some mods and its just a used car with a little higher value.
__________________
2017 M2 - Alpine White|Executive Package|DCT
2016 Infinity QX50
2009 335i Coupe - Sold - LBM - Black Dakota/Glacier aluminum-6spd|Nav|M-Sport|Premium|Logic7|Heated Seats|CA|BMW Performance Suspension & M3 Control Arms|Subframe Inserts|M3 lip spoiler|Rennart Exhaust|AFE DCI|JB5 iso w/flash|
2014 Jeep GC Overland - Sold
2009 X5 3.0 - Sold
07 335 coupe - Sold
07 X3 - Sold
David1 is offline   Reply With Quote
Old 12-06-2015, 01:31 PM   #5
Bmil951
mes que un club
OB Supporter
 
Bmil951's Avatar
 
Join Date: Mar 2010
Name: Ben
Location: Yellow Springs
Car: 13 Kia Optima; 997TT
Posts: 895
Bmil951 is on a distinguished road
Default

I was considering a 1M before I bought my 997.1TT, and for most of the reasons described by Ron above, plus the fantastic hydraulic steering as opposed to the artificial electric steering currently available, made it the clear winner. Long-term, a manual 997.1TT will likely outperform any other car in the price range, AND let you drive it throughout your ownership. A 1M might perform well in terms of minimizing the financial loss, but you would be severely limited in mileage.

In the event that you do not get another 997.1TT, I might be interested in your flashed ECU and headers
Bmil951 is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump



Google+
All times are GMT -4. The time now is 01:17 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
OhioBimmers.com is in no way sponsored, endorsed or affiliated by or with BMW NA / BMW AG or any of it's subsidiaries or vendors.
BMW is a registered trademarks of BMW AG.
Copyright © 2008 - Present , OhioBimmers.com