BMW Australia today confirmed to CarAdvice the BMW 1 Series M Coupe will be priced at $99,900.
BMW Australia tells us that it will be specced with just about everything: Harman/Kardon surround sound stereo, internet, BMW Professional Navigation, voice control, remote alarm system, adaptive bi-xenon headlights, an alcantara trim on the dash, and of course, M-Drive.
We're told that all you'll have to do is specify a colour, of which there'll be three - Alpine White, Sapphire Black, and the hero colour, Valencia Orange.
Of course, with 19-inch wheels and a 250kW turbocharged straight six under the bonnet, plus aerodynamic, suspension and brake upgrades from the already potent 135i, the new M car will be aimed at the serious driver.
Only 100 examples are allocated to Australia, and we're told that all dealers have already been given a certain allotment. Almost all 100 have been spoken for with plenty of deposits already laid down.
CarAdvice will bring you a full road test once the 1 Series M Coupe arrives in Australia.
Note: Story updated February 4 with official confirmation from BMW Australia.