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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.
I’ve been on a bit of a yellow kick as of late, but even I was surprised when I came upon this BMW 1M. To date, I had not seen a BMW Individual painted 1M Coupe and to spy one in Dakar Yellow seemed especially amazing. Even more amazing was the price; despite only 35,000 miles on the clock, this E87 seemed priced to move at only $50,000 – some $20,000 less than other examples on the market. It was clearly worth a bit of further investigation…
Rallycross has always struck me as an interesting balance between circuit racing and rally driving, and frankly it’s completely captivating. If Formula 1 is controlled aggression and World Rally is controlled chaos, rallycross is more aggressive chaos. In the 1980s it became very popular in Europe as the dumping ground for ex-Group B cars. If you want to be captivated and feel a bit sick at the same time, go watch some British rallycross from ~1987-1989. You’ll see Audi Sport Quattros, Lancia Deltas and Peugot 205 T16s, Ford RS200s and even an occasional turbocharged, all-wheel drive Porsche. In short, it’s sort of the ultimate in rally racing that never really was, with these cars going head to head at full chat. That’s what is captivating, but watch a few seconds more than the wild start and you’ll quickly feel sick because typically in the first corner one of these legends is completely balled up. By the end of the race, if you have one or two out of the original 6-7 cars fully functioning that is considered an accomplishment. But these aren’t 24 hour grueling tests of endurance – they’re three or four laps of a short grass, dirt and tarmac surface. That’s right – generally 50% plus attrition in 3 minutes.
It’s awesome. It’s like the Outback Steakhouse of racing – no rules, just right.
I’ve featured a few collectable coupes this week – the 2013 Audi TT RS and the modified M Coupe. But as much as I love the soundtrack of the Audi and the statistics on paper, and as hot as the E36 M Coupe market is, were it my money I was plunking down for a personal coupe it would be the second generation Z4-based M Coupe that would get my attention. And for my Christmas wish, this one would do quite nicely! Interlagos Blue is certainly one of my favorite colors, and the lower miles and pristine shape of this particular example would have me overlooking the all-black leather: