Back in October we featured a 6,686 mile Miata and it surprised everyone when it sold for $9,000! Well, another low mileage example has popped up so I figured it was worth a mention. Jim S found this one back in November, but it is still on the market so it might be worth making an offer if you are interested. It’s going to take a collector with some serious foresight though because the seller is asking $15,990 here on Hemmings. That may seem crazy, but remember, this car sold for only slightly more when new, yet with only a claimed 272 miles covered, this one is basically still brand new!

Buying such a common car for so much money may seem foolish, but low-mileage examples of cars like this are rare. Miatas were meant to be driven and enjoyed, not stashed away as an investment. Apparently this one didn’t see much action because it was purchased for the owner’s wife. The only problem was, she didn’t know how to drive stick. So, there is sat for 23 years! The next owner was smart enough to replace all the fluids and rubber, but not much else. They did replace the tires for safety’s sake, but made sure to keep the originals.

They must have not been able to resist the temptation to drive it around the block a few times though. The photos shows the odometer at 259, but the seller listed them at 272 in their ad. I can’t find any good reason to not believe the claims here. The interior looks clean and the engine bay even cleaner. The tonneau cover and antennae are still in covered in plastic in the trunk and the paint looks shiny and dent free. Obviously at this kind of money, it would be wise to inspect the car in person or have someone do it for you.

Hopefully the seller can provide documentation to prove the mileage too because that is where the true value lies here. Honestly, I would rather have a car I could drive without feeling guilty, but if I were a gambling man, this is where I would put my money. There may be a ton of these on the roads today, but I predict that within 10 years this little roadster will provide its next owner with a nice return on their investment. What do you guys think – a good buy and hold strategy? Thanks for the tip Jim!