423 Miles

Saw one today.

Oil smells like Gasoline from short tripping.

Cats/Exhaust rotted from condensed water not burned off from short tripping.

No recalls done.

Tires cooked and worn from misalignment.

Door seals leaking from being dried out.

Running on very few cylinders.

Smoking.

Funny World.

 

Sounds normal for something with very few miles

 

The problem seems to be neglect ... not necessarily correlated with "low miles".

 

One what?

 

I think he means a vintage Ferrari with only 423 miles on it.

 

Yes, im curious which one.

 

F40

 

Not Vintage. Respecting the owners privacy I can't say. I suspect it will come up for sale one day.

 

That's just sad, and oil smelling like gas isn't good! Washing out the cylinder walls!

 

That's what happened.

 

how did you keep yourself from slapping that guy silly? i have found a few people like this and i always tell them they are just wasting their investment by not using it - it was mean to be driven etc etc.

 

Sorry to see that this car suffers from what appears to be a lack of TLC, but neither the car nor its miles are the cause - the car's owner is the responsible party.

I have come across quite a few low-mileage cars, and some operate the way their maker intended them to, and look just as good.

At the end of the day, some people care for things better than others, but the good news here is that the car's deficiencies as you list them can easily be remedied.

 

Oh come on Jim why start a thread without at least ID'ing the model?

 

I totally believe you have.

I totally believe it's possible.

I personally have seen a number of them and all of them I saw needed huge work.

Personally I find these ultra low mileage cars as silly as "barn finds" but as you know you only need one person who doesn't to make a nice sale.

Best!

 

Because it's relevant to cars discussed in this section and is seen more often in cars from this section IMO than cars in other sections.

Personally I find it a bit Fetishtic.

 

It is what it is.

 

All true. I am happy to observe that there seems to be a trend towards taking care of the cars better, with many of these low-mileage cars being sent in to have "everything" done as far as deferred maintenance is concerned. Perhaps the reason is that the owners have realized they are worth a bit more...

 

Interesting article by Simon Kidston in most recent SCM on this subject.

"A Man who owns beautiful Ferrari---yet barely drives it---craves 700% appreciation rather than 7,000rpm" Photo of 288 GTO at a recent auction just bellow.

The Full page advertisement opposite his article is also interesting. It's for a fund to buy "Investment Grade Collector Vehicles".

"We are currently taking indications of interest for
up to $30,000,000 Limited Partnership Interests"

Rock and Roll...

 

Reminds me of the late 80s... 'Investors' beware.

 

I've said it before ...

"Low miles", in itself, is not necessarily indicative of neglect ... likewise, "high miles", in itself, is not necessarily indicative of abuse.

Dry window/door seals, bad tires from misalignment, recalls that were never performed ... these are indicative of neglect, not at all correlated with "low miles" (much more correlated with bad temperature & humidity control in the storage environment, and equally likely with "high miles" cars under those adverse conditions).

Bottom line : the driver may very well be "neglected" with a low-mileage car but not necessarily the car itself.

 

The Olsen twins never went as far as everyone hoped.