Quote:
Originally Posted by swartzentruber
Well, the reason why many people wouldn't do it is that since that is money you'll likely never get back, it greatly raises the TCO. I ran some quick numbers, on a 1M @MSRP + 7K vs an M3 Coupe at a typical cost (close to invoice), ended up with 54.5K for 1M, 60K for M3 (I added metallic paint + 19" rims to make as comparable as possible). 1 Series depreciation tends to be worse than 3, so assumed 60% 3 yr residual for M3, 57% for 1M (of MSRP, not with "added dealer profit). Over 3 years assuming 10K miles per year, 1M costs ~$.92/mile, M3 costs ~$.72. How many people would really find it worth 26% more to own the 1M vs the M3? At that cost per mile, I'm sure you could get a pretty good P-car. If I was in the OP's shoes, I think a Cayman would be looking awfully attractive.
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You're comparing apples to oranges when you trying to say the 1 series depreciation will be the same as the 1M. The e82 and e9X M3s never sold for over MSRP and BMW has produced thousands of them. The 1M is a one production year car with less than 900 units for the US and less than 2,500 worldwide. Figure that into your calculation and see what you get.