The GM EV1 is the Forbidden Electric Car
GMEV1 was General Motors electric car in the 90s and the way these cars worked, they were only leased to consumers and then when the leases were up, General Motors took them back. They they didn’t allow people to renew the leases and they crushed most of them. It was the subject of this big documentary which of course the documentary electric car is dead of course now EVs are everywhere. So it’s not as you know secret and special and ooh conspiracy as it once was. But a few of the EV1s were given donated to universities. And there are universities all around the country that have them in various states of disrepair because it was cool for the universities and their engineering students to like check out at the time in 1999. But now the techn is old. Nobody cares anymore. EVs are everywhere. Some of the universities, they’re just sitting in parking lots. Like people approach them and see them and they pass around on social media occasionally with flat tires and and in this state. And so I think this car was at a university and it has now been auctioned at some sort of auto auction in Georgia and it sold for over $100,000 109 and then I think there was the buyer fees were another 13%. So you’re really in at like 120. Nice value. Good value for a car that hasn’t run in 25 years and even then when it ran it had a 100 mile range and like 90 horsepower. You could have that or a 575. I think I’d pick the 575 but that nonetheless that is much cooler than a 575. Love to see it run. M I I take the 575.
