2011 BMW 1M with 10,600 miles

The BMW 1M is safely now into cult status. Values for used examples very rarely dip below $40,000 with the nicest one selling for tens of thousands more. Does it surprise me? Yes, a little. I think we all knew it was a really fun car, but I don’t think anyone knew they’d still be trading hands close to MSRP some eight years later. Good value for money? I can’t argue it. These cars are a hoot in daily driver situations as well as the track. Yeah, the N54 has its drawbacks (this example needed new spark plugs at 8,000 miles), but if you stay on top of things, nothing is too severe. Today, I came across an example painted in signature Valencia Orange with just over 10,000 miles. Even better, it was for sale at a BMW dealer in San Francisco. Great news, right? Nope. You aren’t prepared for how much they are asking for this car. Trust me.

CLICK FOR DETAILS: 2011 BMW 1M Coupe at BMW San Francisco

Year: 2011
Model: 1M Coupe
VIN: WBSUR9C5XBVP76086
Engine: 3.0 liter twin-turbocharged inline-6
Transmission: 6-speed manual
Mileage: 10,677 mi
Price: $100,000

Description
Black Boston Leather Seat Trim,Valencia Orange Metallic

I know everything is crazy expensive in San Francisco, but this is outrageous. We’ve literally seen many times what these cars do in an open market auction and none are near $100,000. The 1,200 example only fetched $77,000 a little under two months ago and that is as close to a new car as you can get. This is nothing more than BMW San Francisco trying to cash in on some clueless tech money that walks in the door. Thing is, who is going to buy this car without checking the market first? A logical question to ask is “I wonder what other examples are selling for?” Then seeing it isn’t near $100,000 as you begin to run for the door. I understand that this is the dealer’s car and they can ask for whatever they want for it. That is totally fine. But at the same time, don’t be surprised when everyone calls you crazy for doing so. I know I’m probably not the only one doing it.

– Andrew

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5 Comments

  1. Well a coupe of observations. Anyone who buys a car from ANY dealer is just downright stupid. Or a masochist. That the dealer is in San Francisco of 2019 just means that the universe of stupid people is practically infinite. Think about it. These brain stems pay more for just about anything that can be sold. And most of the younger big money people know less about anything that is not expressed in zeroes and ones than any past generation on earth. It is the perfect collision of greed and stupidity. But the car sure is pretty. Think about how I’ll look cruising down Lombard!

  2. Looking at the carfax, it sees this car was in the shop every 1,000 miles or so! Are they really that poorly built? https://www.carfax.com/VehicleHistory/p/Report.cfx?partner=DEY_0&vin=WBSUR9C5XBVP76086

  3. Nasty steering wheel would come out as soon as I paid the money.

  4. @Albert – BMW’s onboard diagnostic system on these cars has mileage, sensor and time-sensitive warnings. As a result, the “service” indicator will come on to tell you, for example, that you need a brake service even if you don’t. It’s also complicated to reset these systems properly and doesn’t really give you much information (at least, on our 135i). If you bought the car and are either not inclined to learn how to reset each function, or worried that ignoring something critical might be problematic, or just not interested in jacking the car up, removing a wheel, and finding out if the brake pads are really gone, it’ll put you in the shop every year for sure.

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