Low Mileage Yields a High Return as Bugatti, Lamborghini, and Mercedes Power the RM Sotheby’s Paris Auction

robbreport.com - 02-13

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Only in the rarest of circumstances, like when a 1962 Ferrari 250 GTO sold for $48.4 million at RM Sotheby’s Monterey auction in 2018, does a collector car’s accrued mileage not factor into its value. Most of the time, the extent to which a car has been exercised over the course of its life has at least some impact on its desirability. Fewer miles means greater value. It’s as simple as that.