I'm not far from Lloyd BMW Colne and I've see an absolutely mint, (and very low miles I'm told) black 1M parked in the customer spaces, there isn't a spec of corrosion to anything visible. The plate is BMW 1M, it's a private owner apparently, nowt to do with Lloyd or BMW, that was at the time I asked 2 ish years ago. It has to be a rock solid investment for the owner