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I bought this one with only 3,000 miles on it about a year and a half ago. They're out there! I was extremely lucky to find the one I did 45 miles from home.
I know someone who recently bought a 2007 Shelby GT500 mustang with 59 miles on it. It seems the miles were racked up pushing it on and off the trailer or into the shop. The guy at the DMV said paperwork must be a mistake. But it is legit. He can't even drive it to go get gas without almost doubling the miles, and killing the resale fortune he plans on making. But he always end up making money on stuff so I can't criticize, but as we all know, what fun is it if you can't drive it.
I never understood buying a car and not driving it. But then I've never had that much disposable money laying around (or the garage space) where I could do that. I get enjoyment from driving them more so than sitting and staring at them. Who knows what will happen when I retire. That said, I do have a 2001 Corvette that had 39K miles on it when my late father-in-law bought it over 20 years ago. It only has 55K miles on it now. A good chunk of that is from when he drove it to Texas after buying it in Florida. That's only ~16K miles in 21 years. My wife and I rescued it from my mother-in-law's garage and got it back on the road after she stopped driving it 15 years ago (bad knees). I looked after it during that time, so it was fitting that it ended up in our garage.
And I remember when they pulled that IROC-Z from the trailer. I actually drove one that looked just like it back in the '80s. Wasn't mine, though. THAT is one car that if I could afford it I'd let sit just like that guy is doing.
I bought my Grand Sport in August of last year and have already put 2K more miles on it.
I most certainly bought mine to drive. Just looking at it in the garage did nothing for me. Killed the 5 year 100K warranty in 4.5 years. You gotta have fun.
I've got an even better story. In 2019, I bought a 2014 C7 with only 8 miles on it. It turns out that it was shipped to a casino in Las Vegas to be used as a grand prize. It was won twice, but in most cases the winners took the cash instead. It was eventually taken back to the dealer in Kansas. My dealer bought it from them, and I then bought it.
The final hammer price for this GS was $50k. It was in a collection since new and was recently sold when the original owner passed away. The new owner listed it on BaT shortly after his purchase. I'd say this thing was well bought and have to assume the seller made pretty good on it as well. Bottom line: Somebody got a really nice Grand Sport and somebody made a chunk of change selling it. Win/Win.
Probably someone had a number of cars and this was the least fun/comfortable/whatever car. Also could have been a collection car. Maybe a retirement present that they died or lost driving capabilities after. Maybe an active duty military who was KIA and their parents couldn't bear to sell the car. Maybe it was someone's cheap runabout at their vacation home and they decided their other cars there were better and couldn't be bothered to get rid of the better? Any number of situations and it doesn't matter what you think of them.
My Centennial ZR1 has about 450 miles on it now. It had 234 when I bought it back in May of 2021. The original owner was a collector in the Houston, TX area who by selling it was just making way for other cars. He kept it in a car bubble. When I tell you it was spotless I mean it didn't have a spec of dust anywhere on it, in it, under it, or beneath the hood....it was absolutely immaculate....almost sterile! The inside smelled just like new (still does).
So why don't I drive it? I'm saving it for a later chapter in life. In the meantime I'll be playing with other toys.
I bought my 05 in 2017, when I bought it, it only had 5600 miles on it which equates to it being driven a little over 400 miles a year. Needless to say, it's since got a lot more miles on it now.
Never understood this unless it is a very rare model that will go way up in price.
If I bought a car in 2010 for $60,000 and sold it today for $75,000, how much money did I make in this investment?
Answer: I lost over $7000.
The GS started at $56,000 in 2011. Being a 3lt I'm sure this one was more. How is selling at $50,000 today making "chunk of change"?
You make a chunk of change when you sell it for more than you paid for it. The recent seller was not the original owner and only just recently purchased the car. RIF.
BTW, the car originally stickered for $71,670. Something tells me the original owner did not buy it as an investment.
My Centennial ZR1 has about 450 miles on it now. It had 234 when I bought it back in May of 2021. The original owner was a collector in the Houston, TX area who by selling it was just making way for other cars. He kept it in a car bubble. When I tell you it was spotless I mean it didn't have a spec of dust anywhere on it, in it, under it, or beneath the hood....it was absolutely immaculate....almost sterile! The inside smelled just like new (still does).
So why don't I drive it? I'm saving it for a later chapter in life. In the meantime I'll be playing with other toys.
I feel this. I haven't driven my centenntGS much in almost 2 years. I still love the car, but this stage of life is baby car seats and daycare drop offs and the Vette doesn't do that. So it stays in my garage, getting the occasional use to keep it fresh, waiting for those nice days and situations where I can drive it.
