We’ve talked a lot about which sorts of cars will be worth a
lot, or maybe even more than new, in a few years time. One of
those cars is the
BMW 1 Series M, which has actually increased in value since
it was sold new in 2011. Part of the reason for that is the
fact that BMW only sold it for a very short period of time, so
it’s very rare, and part of the reason is that it’s considered
to be one of the best, if not the very best, BMW in that last
decade or so. So when we find that a car collector in Canada
bought a BMW 1M brand-new but never drove it or registered it,
we get very excited.
The fact that this owner never drove or registered this car
makes it, technically, a brand-new car. It’s never been
registered with the Canadian Ministry of Transportation, so
whoever buys and registers it will be its first owner. And this
current owner has never actually driven it. So it’s no
different than if it had sat on a dealer floor for all of these
years. In fact, it’s probably better off, as this car
collector’s garage is probably a safer place than with a
This owner’s BMW 1 Series M is, thankfully, in Valencia Orange,
which is the most desirable color. It also only has 650 km (403
miles) on the odometer, making it as fresh as it was in 2011.
The only slightly crazy thing about this car is that the
collector is asking $100,000 USD for it.
We all know that the BMW 1 Series M is worth a lot and even
more than it was new in 2011. However $100,000? That’s a bit
extreme. I get that it’s basically a brand-new car and has
never been driven, which is very cool, and it’s one of the
all-time great BMWs. But for $100,000, you can get a brand-new
BMW M2 and a used BMW 1 Series M. So unless you’re an
extremely wealthy car collector and just want this 1M because
it’s new, it doesn’t really seem worth it.
Right now, you can find very nice used examples of the BMW 1
Series M with less than 30,000 miles on them (which is less
than 5,000 miles per year), making them very fresh, for less
than $60,000. While that’s still more than the car was when
brand new in 2011, it’s a great deal for one of the all-time
great BMWs. Oh, and it’s a helluva lot less than $100,000. Buy
a used, low-mileage 1M and put the rest away to invest in the
next low-volume BMW that will appreciate. Then store that.