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From: In a parallel universe. Currently own 2014 Stingray Coupe.
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Le Mans Master
Joined: Sep 2014
Posts: 5,278
Likes: 539
From: Kelowna BC
Under 100 miles, maybe $30K? Wild out of the blue guess.
What options should it have? Whatever options you want I guess...
With that low mileage it has essentially never been driven. At minimum IMO; belts, hoses, all fluids, tires and I'd have wheel bearings checked. It's an amazing find, but have to be aware of the small negatives.
What options should it have? Whatever options you want I guess...
With that low mileage it has essentially never been driven. At minimum IMO; belts, hoses, all fluids, tires and I'd have wheel bearings checked. It's an amazing find, but have to be aware of the small negatives.
Melting Slicks
Joined: Jan 2008
Posts: 2,535
Likes: 378
From: NSL UT
Really think it depends what you want to do with it. If I wanted one to drive, I would not pay a big premium for a ultra low mileage car. If your looking for one to just look at and preserve you might have to pay what they want.
Zen Vet Master Level VII
Joined: Mar 2016
Posts: 5,218
Likes: 1,174
From: Southlake, TX
If you want to drive it, expect to pay to "bring it back" to life; tires, engine rubber, all fluids, clean gas tanks, clean/replace fuel injectors, all filters. Once you have done that, buckle up for an assortment of electrical gremlins that defy logic.
The car has been motionless for too long.
Banned Scam/Spammer
Joined: May 2007
Posts: 15,685
Likes: 1,330
From: Machineguns, because I don’t compromise
Most people here with 140-180k miles are still running the same hoses, bearings, a-arm bushings that this has with less than 100 miles. Used cars here have been heat cycled thousands of times and most have black wheels, Jake stickers, stripes and hash marks
Fluid change, battery, and tires. Otherwise good. I’d take that museum piece any day to drive over anything used with even 40k miles. Same stuff with less heat cycles and exposure.
Fluid change, battery, and tires. Otherwise good. I’d take that museum piece any day to drive over anything used with even 40k miles. Same stuff with less heat cycles and exposure.
Melting Slicks
Joined: Jan 2008
Posts: 2,535
Likes: 378
From: NSL UT
Originally Posted by ~Josh
Most people here with 140-180k miles are still running the same hoses, bearings, a-arm bushings that this has with less than 100 miles. Used cars here have been heat cycled thousands of times and most have black wheels, Jake stickers, stripes and hash marks
Fluid change, battery, and tires. Otherwise good. I’d take that museum piece any day to drive over anything used with even 40k miles. Same stuff with less heat cycles and exposure.
Fluid change, battery, and tires. Otherwise good. I’d take that museum piece any day to drive over anything used with even 40k miles. Same stuff with less heat cycles and exposure.
Last edited by z06801; Aug 20, 2018 at 10:22 PM.
Banned Scam/Spammer
Joined: May 2007
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From: Machineguns, because I don’t compromise
I’d bet it’s close to sticker, which even if he got full sticker he lost money when you consider inflation.
My guess as to top dollar a person would spend is $35k (the right buyer). Most of the expense would be out of pocket as a bank normally only pays 80% of NADA trade in. Even with the miles bonus that leaves a lot of cash to lay out.
My guess as to top dollar a person would spend is $35k (the right buyer). Most of the expense would be out of pocket as a bank normally only pays 80% of NADA trade in. Even with the miles bonus that leaves a lot of cash to lay out.
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Melting Slicks
Joined: Oct 2016
Posts: 2,873
Likes: 2,505
On a car of that type the documentation becomes a big factor.You need all of the written history on the car as possible and all of the original paperwork, VHS tape, owners manual, etc. If you are going to drive the car, you must remember that every time you drive it, it costs you value. If it is going to sit, don't change a thing other than maybe oil and even then I would not change the filter.
I bought a 4,000 mile car two years ago with the idea to drive it. I spent about 2,000 dollars on the car when I first acquired it for new tires, all fluid changes, and valve spring replacement. Other than the original expense, I have purchased enough low mileage cars to know it is an old wives tale to think you are going to have major leak problems or electrical problems because the car has been sitting.
I drive mine on a fairly regular basis and can attest that a refurbished cleaned up car can be very nice but they are not in the same realm as a car that has not been driven and never been dirty. If the car you talk about has the proper documentation and is as new, anything under $40,000 would be a bargain. One must remember there are a limited number of buyers for that level of car and it must be something you just have to have. On the other hand, the car is not going to be replaced very often.
I bought a 4,000 mile car two years ago with the idea to drive it. I spent about 2,000 dollars on the car when I first acquired it for new tires, all fluid changes, and valve spring replacement. Other than the original expense, I have purchased enough low mileage cars to know it is an old wives tale to think you are going to have major leak problems or electrical problems because the car has been sitting.
I drive mine on a fairly regular basis and can attest that a refurbished cleaned up car can be very nice but they are not in the same realm as a car that has not been driven and never been dirty. If the car you talk about has the proper documentation and is as new, anything under $40,000 would be a bargain. One must remember there are a limited number of buyers for that level of car and it must be something you just have to have. On the other hand, the car is not going to be replaced very often.
Intermediate
Joined: Aug 2018
Posts: 41
Likes: 6
Yeah, it really doesn't make sense to buy an ultra-low miles car just to be one of the first butts to wear out the leather. The depreciation is real. Better to have a small fund for refurbishment and repairs than to worry about every mile you drive.