Re: Is 5000 miles worth $100,000??
From: Ric Rainbolt (ricrainairmail.net)
Date: Tue, 20 Feb 2007 07:30:30 -0800 (PST)

Would you rather have your first girlfriend be a virgin or one that's been around?


Some people place a high value on "newness".

I'll take one with 12-15K miles... GTO that is.

Ric Rainbolt

At 09:25 AM 2/20/2007, you wrote:
Looking at typical market values for 288 GTOs and the like, it blows me away
that a GTO with 1000 miles is worth about 100k more than one with a few
thousand miles more!!

And it's possible I'm understating this as well......no lie. I believe I
read difference between 1k and 2k miles...


The irony of course is that a driven GTO is most likely better than a garage queen....and it's not like we're comparing a 2k example to a 55k example.

Take the $100k and work on the car....these turbo cars are expensive to
maintain as it is.

What am I missing here?

I'm still far from writing a check for a *Ferrari* GTO, but figure
this makes for interesting debate on one of my favorites...

:)

FG
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