Hi does anyone have an idea which is the lowest mileage GTO on record ?
Who would want to admit to owning it. Means they are not enjoying one of the best cars (IMHO) ever produced.
Is this a trick question or a loaded question ? Lowest mileage GTO on record will obviously be when original owners too delivery. Lowest mileage cars sitting in someones garage is another question (under 500 miles for sure). Yet another question is the lowest mileage GTO currently for sale (I believe Fo NB in the 850 range). Getting to be fewer and fewer GTO's with low mileage. In fact I'd say that there are probably only a handful of cars left with less than 1K miles on the odometer. Next question - who has the most amount of miles on their GTO ?
The reason why I asked is because I'm told there is one possibly for sale with less than 1000kms. Will know more this week.
if it's the right color combo for you, with the right price and clearly has the low mileage you "might" desire.....BUY IT! you won't regret it and if you do...perhaps i'll buy it from you, if it meets my stated aforementioned criteria. good luck with hunting aspect of the purchase!
May be even more than that now. A year ago it was probably only around 5% more for a super low mileage GTO. I remember a 200 miles silver car with stripe at Boardwalk Ferrari was listing at 525k at the time.
I'd concur with that assessment. Over time spread could be 50-100% (ie 20 years from now). A 25 yo GTO with 50k miles could be $1m and the sub 1k car could be $2m-$3m. Look at 288 pricepoint a for comparison.
If you go to the 288 forum you will see that there was a 288GTO that sold last week for $2.5M ($2.75M with buyers comm.) and that had 11KM (7K+ miles) on her. There was a reference to an allegedly sub 1K 288GTO that had a $3.4M AP and apparently sold for in the $3M+. I'd love to find that 50K-60K+ mile US based 288 for $1M USD but seems like few drive the damn thing 2K+ miles per year and if they do they aren't selling it. Maybe as time passes nobody will want to drive our 599GTO's often (and hard) as they will have become simply to valuable. That will be a sad day but I get it.
I solute the owners whom drive them. The cars that sit, never driven, in some temperature controlled environment for investment purposes are probably never going to drive optimally again without a major rebuild. If I were in the market, I would go for a driven GTO.
If it had an odometer, I doubt mileage would affect the value of a 250 GTO. Some of them have been rebodied two or three times and restored multiple times. Not quite the same thing, but...
I think there is one in Salt Lake City with delivery miles still. It's been on their showroom since new. I do not believe it is for sale though
ROMO will eventually corner the GTO market. Pretty darn smart if you ask me particularly if you focus on ultra low mileage US spec GTO's.