You Will Be Surprised By The Cars Collectors Actually Do Drive

If there’s one thing that’s tough to understand about car culture, it’s the group of buyers who snatch up vehicles to never drive them. After all, the main joy of a car is often the way it drives. That said, plenty of folks buy new cars and then let them sit and rot in storage, hoping for a big payday later on.

But a recent study suggests that it’s not Ferraris or Porsches getting the museum treatment, it’s more often Hellcats and Corvettes gathering dust.

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Hagerty’s new study takes into account mileage for cars at auction that are from the model year 2016 or newer. Notably, it only considered a few brands, namely: Porsche, Ferrari, Ford, Chevrolet, and Dodge. In fact, it parsed the data a little deeper still. While it considered all Porsche and Ferrari models at auction, it only considered the Corvette, Mustang, Ford GT, and Challenger beyond that.

Low Mileage, Higher Frequency

In short, among those models, Ferrari and Porsche owners are far more likely to drive their cars, it seems. . Across all recent auctions reviewed, just eight examples from those two brands had fewer than 100 miles on the odometer.

Compare that with Chevrolet, which had 15 low-mileage Corvettes, or Ford, which showed up with 20 cars under the same threshold. Dodge, however, stood out the most, with 44 vehicles showing fewer than 100 miles.

The Dodge Outlier

That mark for Dodge also tells a larger story. Every brand and model included in the study was most likely to go to auction with anywhere from 1,000 to 9,999 miles on the odometer. Seeing as these cars are all about a decade old, that makes sense. Dodge and the Challenger were different.

The majority that went up for sale had under 100 miles on the clock. No doubt, this is in large part thanks to the Hellcat and the Demon models. Collectors seem to be banking on these muscle cars becoming future classics.

Abundance vs. Rarity

But with so many buyers following the same strategy, the rarity factor is starting to erode. Since they’re so easy to find, the supply is outweighing demand, at least for the time being. Will they be worth a pretty penny a few decades from now? No doubt. But until then, we agree with Hagerty’s conclusion: “Just drive your cars.”

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