Who in their right mind spends $31,000 on a 2002 Monte Carlo?

10-mile Intimidator Monte sells on BaT for $31k... plus buyers fee, tax, title, transportation, insurance...

3d ago

10.3K

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Trying to follow recent Bring a Trailer auctions is almost worse than trying to follow the 2020 election. My jaw drops further and further down to the ground every day, wondering when it will stop. I've even thrown a bid in myself for three different auctions over the last month, only for the prices to get out of control within minutes of the hammer dropping. Two of those cars ended up selling for more than double what I was willing to pay! I honestly can't figure out if these incredible cars BaT keeps offering up are worth it or if BaT's fanbase just has pockets that are so insanely deep they hang out past their pant cuffs.

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One such auction just ended earlier this week. I didn't bid on this car, but the result just blew my mind so much that I was compelled to write a post on DriveTribe. Here we have a 2002 Chevy Monte Carlo SS Intimidator edition with only 10 miles on the dash; not 10,000 miles - 10! I'm sure you remember these: 3,333 Monte's painted black, red, and silver so you could look just like Dale. They were about as special as a pre-bailout GM car could get.

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These Monte Carlos had the venerable 3800 V6 that drove the front wheels through a 4-speed automatic transmission. It put down a yawn-inducing 200hp, the exact opposite of intimidating, really. Worst of all, these stickered for $29,710 eighteen years ago, which roughly translates to $42,984 in 2020 monies. Yet again, a super-low mileage "collector car" loses the "investor" their shirt in the deal. At only 10 miles on the odometer, the car has lost about $1,198 per mile in depreciation. If you dig a litter further into this car, the title reads 7 miles. Assume just three miles have been added to the car by drivers who didn't work for GM or a transportation company, and that jumps to $3,994/mile if you're keeping score.

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Bring a Trailer

Bring a Trailer

Bring a Trailer

Nevertheless, this car has traded hands once more and congratulations are in order to the new owner. I don't like to tell people how to spend their money, and I hope they are happy with their purchase. The auction came down to two bidders who traded punches from $22,000 all the way up the the winning bid of $31k. Ironically, a BaT user with a Jeff Gordon based handle won...

Raise Hell, Praise Dale!

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Comments (28)

  • I am utterly embarrassed that the country I was born, raised in, and love, made this pile of steaming hot dog crap.

      3 days ago
  • 10 miles is just unhealthy for the car. Can only imagine its mechanically scrap.

      3 days ago
    • Not if they started the car and did all flushes. Car doesn’t have to be driven car. It just need to roll out and roll back in the storage. That’s all it really needs to maintain most of parts.

      10 miles in 18 years. And sold it for 31k. I don’t know...

      Read more
        2 days ago
    • I did do the math at the end of my post. If you account for inflation, it’s a loss of 12 grand!

        2 days ago
  • It was ugly when it first came out, and it’s still ugly now.

      2 days ago
  • That 3.8 is terrible engine and a knuckle buster to swap. I swapped two at my shop just this year (one out of a Buick Regal and the other out of a V6 camaro). Horribly designed and prone to blown head gaskets. Also, this cars done 10 miles and already has a little over half a tank left😆. Guess it evaporated just sitting around.

      2 days ago
  • Free. The entire thing is junk not because of what it is but because it sat used used for so long.

    200hp for 31k? That’s great thinin. Must not wear a mask.

      3 days ago

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