Why Doug DeMuro Buys Higher Mileage Sports Cars

The Appeal of Higher Mileage Cars

• 💡 Doug DeMuro explains his contrarian strategy of specifically seeking out higher mileage sports cars and special vehicles, rather than low-mileage examples.
• 🎯 While low-mileage cars command the highest prices due to collector interest and investment potential, DeMuro prioritizes usability and driving experience.
• 🚀 He argues that each additional mile on a car that already has significant mileage has a lesser impact on its value compared to adding miles to a near-pristine, low-mileage vehicle.

Driving Experience and Reduced Guilt

• 🚗 DeMuro emphasizes his desire to drive and use his cars, viewing them as tools for enjoyment rather than static collectibles.
• 🧩 Cars with existing mileage often have minor imperfections (scratches, dents, wear), which reduces the guilt associated with adding further wear or minor damage.
• ✨ This allows him to enjoy the cars without the anxiety of potentially devaluing a pristine, zero-mile example.

Reliability and Mechanical Health

• ⚙️ Contrary to common belief, DeMuro suggests that cars with consistent use and mileage may be more reliable than those that have sat idle for long periods.
• ⚠️ Cars that sit can develop issues due to lack of lubrication, dried seals, and unexercised components, which only become apparent when the car is driven regularly.
• 🛠️ Regular use, coupled with proper servicing, ensures that mechanical components are exercised and potential issues are discovered and addressed.

The Importance of the Seller and Service History

• 🤝 DeMuro stresses the critical importance of "buying the seller" and thoroughly vetting the car's service history.
• 📈 He looks for evidence of meticulous maintenance, major service items being completed, and original owners who were fastidious with records.
• 💰 While he may pay a premium for a higher-mileage car with an impeccable history, he believes this is a sound strategy to ensure long-term reliability and enjoyment.

Cars as Enjoyment, Not Just Investment

• 📊 While acknowledging that some cars appreciate significantly, DeMuro does not view his cars primarily as investments.
• 💰 He already has other