BarryO
Well-known member
I talked with one of the panel members on the Hagerty/RM Sotheby’s panel for “Pick of the Litter” panel in Scottsdale. Granted the panel was about Porsche. However he indicated that less the 1K miles is very low, even less than 10K is low. They can demand crazy money. Start creeping up and that “value” diminishes greatly. Your 50-60K “low mileage creampuff”? Drive it. Literally, he said at that point it’s collectibility is extremely lower. I am sure that can be applied across Marques. Oh and low volume is measured in hundreds, not thousands of vehicles made. It’s just what he said, one opinion.
Yea, that LE was not extremely low mileage (although it was one of only 300). Plus it had a bunch of bolt-on/rivet-on crap that wasn't the way it came from the factory (e.g., those headlamp "guards"). Contrast that with the ~1500 mile 97 ST that was bone-stock and sold last month for $207K