QOTD: What Would You Overpay For?
We just ran a Used Car of the Day post -- and there's a decent chance that the featured car could fetch more than it's objectively worth, since auctions like Bring a Trailer tend to have crazy results.
So I have to ask -- what make/model/body type would you OVERPAY for? To be clear, I am NOT asking which car you'd want to buy at auction. I am asking which car, if any, would you spend more for than it's worth? What car would get you to say "well it's worth $15,000 but if the auction goes nuts I'll pay $20K for it"?
I'd probably overspend on a great Fox body or a mid-90s Impala SS or a 1964 Impala SS. Or maybe a Viper GTS. I have reasons for each, ranging from "Always wanted another one" to "always wanted one" to sentimental reasons.
What say you?
[Image: Sensay/Shutterstock.com]
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In 2005 I bought a Porsche 914 that I still have. It's now worth a lot more than I "overpaid" for it. As Keith Martin says, you can never pay too much, you can only buy too soon.
Sadly, there are too many what we may call unscrupulous people in the vintage car market. Shoot a new coat of paint on it, detail the interior shine the chrome and talk about the one they saw just like it on Barret-Jackson.
Except the one on Barret-Jackson had a frame up restoration. The one these grifters are selling has been made all shiny and pretty and little else. I feel bad for the person who overpays for such a car.
I drove 500 miles with a buddy to look at a car. This was pre-internet. I crawled underneath and found that the frame was shot. I was p!ssed since I had told him up front that any frame rot would kill the sale.
I am physically unable to overpay for an automobile, I think my brain would melt down.