http://portland.craigslist.org/wsc/ctd/1525459613.html

 

Wow. Thats awesome. I thought mine was low miles when i bought it. (05, 18k)

 

It may have less than 1000 miles, but it will probably be another 30 years before they will get that kind of money for it.

 

Very True. That's New or GP prices...

 

Don't forget, it's for sale by a stealership.

 

Wow thats Crazy!!!

 

This is nearby me - like the miles, but didn't give it a second look because of the price. And didn't the 2002-2004 models have some technical issues?

Without warranty, that low of miles is almost a liability - hasn't had at least 20k miles to break it in, make sure everything is stable. Completely untested, could be mint, could be a lemon.

We had a local 2006 factory JCW with 28k, and a year left of warranty - offered for $18k from the dealer. Don't know how a 2002 could be expected to be worth any more, no matter the options/mileage.

 

+1, not only that but with so few miles, the seals and hoses are a good bet to have dry rot. Any car new or pre owned sitting for almost 8 years will have some type of issues.

 

An average of 100miles/year? Why? The sales price -- ridiculous.

 

An '02 S with those kind of miles hopefully hasn't been to the dealer for the EPA flash. When the dealer did that flash to my old '02 S it literally took the fire right out of the car.

It was like night and day. And a sad day it was. My car was never the same after that flash. Still a blast to drive, but the FIRE was gone.

 

Im running the carfax right now.

 

I couldn't run a CarFax report. It says the Vin WMWRE33492T057378 isn't valid.

 

We seem to get these weird low mileage cars fairly often around here - a few months back, another independent dealer had a 900 mile 2003 M5 for a while. List was $40k, which is a bit more reasonable considering it ran something like 70-80k new.

Love to hear what the story is behind these cars. Who buys a car like this and just lets it sit?

 

Jtrem did you use an "O" and not a (0) Zero??!!

 

Not too long around someone listed a 1984 MKI Gti with only 517 original miles. I guess the guy had back problems and couldnt drive it. It was all mint except for the tires. I guess he started it once a week. Did all the Required maintenance including oil changes every so many months. He sold it for a lot more then he bought it for! lol

As for the VIN ill have to double check the o and 0 thing

 

Check the Vin and still nothing.

Here is that Gti I was talking about
http://cgi.ebay.com/ebaymotors/1984-...item1e589f355e

 

That's pretty amazing. $18k!! I certainly wouldn't have the guts to get that. You could get into a nice mid-80's 911 for that price.

So no response on VIN... could this be a demo car that was never titled, and dealer just kept it around for too long?

 

Holy crap, that brings back memories. I bought one of the first '83 GTI's to hit the ground in California back in late '82. I fell for it after reading all the glowing reviews of the car before they went on sale. Fantastic car, but with horrific build quality and general QC issues, as everything had that VW built in its ill-fated Westermoreland PA plant in the late '70s/early '80s. Despite being only 90 hp, was terrific fun due to its sub-2,000 lb weight. Zero-to-60 time was 9.7 seconds - absolutely snail-like today, but quite lively back in that era. The '83 Trans Am (with its big, smog-choked V8) was tested by C&D at 10.0 seconds - bested by 3 tenths by the lowly GTI.

 

The dealership that lists it is called Northwest Investment Cars. Judging by the cars in the background of the photos, it seems probable that they buy new cars and let them sit for decades - accruing value.

 

Actually I once was friends with a gal that drove her 2003 MINI like 200 miles a year. Her commute was something like 1.5 miles and she didn't drive every day. Low mileage MINIs do exist!

 

There gunna have to keep that R53 a lot longer if they wanna get that kinda money. They actually went down in value with the release of the R56 a few years ago.

 

Read a similar story on RennList recently where a guy wanted to know what his 2005 997 with only 1400 miles was worth. Most folks that posted thought that low of mileage was more of a liability than a benefit. A car that has been driven "normal" mileage will keep its seals, lines, etc properly lubricated and something driven 10K miles or so at least will most likely have shown if any major failures were forthcoming. Buying that MINI, a year known for "quirks" with no warranty, at top dollar, is not a good buy. Far too many MINI's sold for them to be collectable in just 7 years.

 

Yep. And just think about all those supercars with low miles. I saw a '89 Ferrari Tessarossa with 2k miles. Still sold for 90k lol

 

Reminds me of another story...Last year, our local PCA chapter got an insider's tour of the Ferrari of Houston dealership. Up on one of the racks was an F40 with the motor pulled out. Turns out I knew one of the techs there from motorcycle racing and he gave us the scoop. First owner bought new in early 90's, only drove it 1200 miles. Sells it 10 years later to current owner who continues to let it sit. Finally gets around to firing it up again and seems that all of the water piping fitments had corroded and the engine lost its coolant so fast it seized up. Tech said regular starting and driving the car would have prevented that, the mothballing of the car was the direct contributing factor to its blown (and I'm sure very expensive) motor rebuild.

 

I dont even wanna think about how much it would cost to rebuild an engine off an F-40.