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Why is the BMW M1 considered a rare and desirable car?

I've heard that the BMW M1 is a highly coveted car among collectors, but I don't understand why. What makes it so special and valuable?

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S

The BMW M1 was the first and only mid-engine car produced by BMW. Its unique design and engineering make it a highly desired and rare car.

G

The M1 was originally designed as a racing car, but production was stopped after only 450 were made. Its exclusivity contributes to its high value.

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