Sorry not for me -
£300,000 !! ....... Looks like a Lotus Esprit ? :thumbsdown:
£300,000 !! ....... Looks like a Lotus Esprit ? :thumbsdown:
M1 for sale at Munich Legends
- Thread starter Wyldie85
- Start date
StevenH72 said:
Nice and agree on the price.
A car is worth exactly what someone is prepared to pay.
This car has classic written all over it whether you like the looks of it or not. They were made in 1978, had a somewhat chequered history due to an aborted JV on it with Lamborghini and then had it's own 1-car race series (M1 pro cars). Add in to that it was the first ever road going M car too and BMW's only attempt at a Supercar so far (i8 excluded). All adds up to an important piece of motoring history, hence the increasing values. I'd stick one of these away in a long-term collection in the blink of an eye if the right one came up and I had the necessary resources to buy it.
CornishRob
Senior member
As an investment this, but to drive C GT!
I wouldn't have much interest in this if I planned to drive it.
I wouldn't have much interest in this if I planned to drive it.
CornishRob said:
Was exactly my thoughts.
Yes it's a piece of motoring History and that should make it a safeish investment, as cars go. But I don't think i'd ever want to drive one.
Give me a 30k 308. I guess beauty is in the eye of the beholder and I buy my cars because I like them, without much thought for thier future value.
And yes I know the 308 has a chassis from a farm cart.
It depends what you want to get out of a car. Personally, pretending I'm a race car driver of a precision machine when I'm out for a Sunday hoon has never been my bag. My personal connection with a car has always been centred around the experience and story that car offers me.
No the M1 won't beat a CGT in a straight, curvy or any other type of line and yes it's an old car and not as modern, safe blah blah blah: but for me that's the point. The M1 represents a slice of history that I find fascinating. Pretty much the reason I bought a 16 year old E36 M Coupe actually.
£300k is a lot of money but as has already been said it's about what that car is worth to somebody like me that relates to it, doesn't want a modern Porsche and has the means to do so.
No the M1 won't beat a CGT in a straight, curvy or any other type of line and yes it's an old car and not as modern, safe blah blah blah: but for me that's the point. The M1 represents a slice of history that I find fascinating. Pretty much the reason I bought a 16 year old E36 M Coupe actually.
£300k is a lot of money but as has already been said it's about what that car is worth to somebody like me that relates to it, doesn't want a modern Porsche and has the means to do so.
stephendutton
Member
Is n't life good that we all have different tastes and ideas of worth 
I would only say don't buy anything you plan to enjoy with investment in mind, as for the car no thank you but I appreciate its history, but for me well in dollars $300.000 Patek Phillipe would float my boat. Horses for courses
I would only say don't buy anything you plan to enjoy with investment in mind, as for the car no thank you but I appreciate its history, but for me well in dollars $300.000 Patek Phillipe would float my boat. Horses for coursesstephendutton said:Is n't life good that we all have different tastes and ideas of worth
A lot of people buy houses for an investment and I suppose plan to enjoy them also....blows your theory out of the water :wink:
CornishRob
Senior member
StevenH72 said:stephendutton said:Is n't life good that we all have different tastes and ideas of worth
A lot of people buy houses for an investment and I suppose plan to enjoy them also....blows your theory out of the water :wink:
Not really as you don't buy a house then not use it.
If you used this classic, it would reduce your investment return.