Bring a Trailer - Hysterical

[WylieCoyote]

Folks in the market for an older, 'rare' car seem to have gone off the edge. I can't even believe what people are bidding for a Civic. I get it, it's the most coveted of the Si pedigree, and it's got extremely low mileage, but the current price on this car is lunacy. I scroll through BAT every few days, just for entertainment, but this is the first real jaw-dropper I've come across. My mouth is literally agape. https://bringatrailer.com/listing/1999-honda-civic-30/

 

[MrQuackers]

Gotta be shills involved

 

[AutoMechanic]

Dang I’d never give that for a civic especially that style one

 

[Zee09]

Nuts

 

[Dadillac]

WOW. That is brand new Type-R money right there. All for a car that literally is worth MAYBE $10k

Don

 

[390pcode]

^^^ that.

 

[HangFire]

Gotta be shills involved

Indeed, not all auctions with bids end in a sale.

A few years back two nuts bid up a pack of folded-up cardboard shotgun shell boxes to many hundreds of dollars. They usually sell for pennies, if they sell at all. A week later it was listed again....

 

[LawrenceGazebo]

I love it and think it will continue to appreciate. 8,000 rpm redline, naturally aspirated, the right color, not overly-styled, unmodified. Certainly not worth my $36,000 but I would be excited if a friend purchased it.

 

[Uphill_Both_Ways]

From each according to his ability, to each according to his greed.

 

[Srt20]

WOW. That is brand new Type-R money right there. All for a car that literally is worth MAYBE $10k

Don

My bud bought his wife a type R and didn't pay that much....

 

[mrsilv04]

Complete with 4 dried out OEM Michelin tires...

 

[Newuser]

Here’s one that sold for 50k

5,600-Mile 2000 Honda Civic Si

Bid for the chance to own a 5,600-Mile 2000 Honda Civic Si at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #32,346.

bringatrailer.com

 

[ecotourist]

Assuming this is honest bidding, I wonder if people are looking for simplicity. No turbo, no DI, no CVT, no dual clutch transmission. Just a butter smooth 5 speed transmission, decent ergonomics, good looks and a high revving reliable engine (with an actual engine oil dipstick).

I hope the manufacturers are watching.

 

[BHopkins]

This is beyond me. It is hard to understand what is so highly desirable about this particular Civic. You could almost buy two brand new Civics for that much. And they will have all the latest gadgets and safety features.

Is this collectible? If yes, why?

 

[LawrenceGazebo]

This is beyond me. It is hard to understand what is so highly desirable about this particular Civic. You could almost buy two brand new Civics for that much. And they will have all the latest gadgets and safety features.

Is this collectible? If yes, why?

8,000 rpm redline. Naturally aspirated. Transmission feel. Lightweight. Simple. Nostalgic. Rare. Hard to find. Fun. Reliable.

 

[BHopkins]

0

8,000 rpm redline. Naturally aspirated. Transmission feel. Lightweight. Simple. Nostalgic. Rare. Hard to find. Fun. Reliable.

The nostalgic part must be a critical part of the mix. Plenty of other cars out there that would be every bit as fun, if not more so, to drive. But for a lot less. A nice S2000 could be had for that price. A super nice Miata.

 

[Wolf359]

Assuming this is honest bidding, I wonder if people are looking for simplicity. No turbo, no DI, no CVT, no dual clutch transmission. Just a butter smooth 5 speed transmission, decent ergonomics, good looks and a high revving reliable engine (with an actual engine oil dipstick).

I hope the manufacturers are watching.

I doubt if it will be a daily driver at that price. Doesn't make any sense.

Maybe it's just too many people sitting around with nothing to do due to that which cannot be named and maybe the market will come to its senses after it's over.

 

[Skippy722]

This is beyond me. It is hard to understand what is so highly desirable about this particular Civic. You could almost buy two brand new Civics for that much. And they will have all the latest gadgets and safety features.

Is this collectible? If yes, why?

Same reason old muscle cars can fetch sky high prices. They’re desirable to the right person.

As for the bidding... when you place a bid on bring a trailer, they put a 5% hold of your bid on your credit card. There is a $250 minimum hold and a $5,000 maximum, helps prevent people from just bidding to jack the price up.

 

[02SE]

I sold my 22 year old 4Runner last year, for well above high book. Why? it was highly desirable to a certain group of enthusiast buyers.

If the guy with the Civic can get that amount of money for his car, more power to him.

 

[jeepman3071]

That site is basically just full of overpriced nostalgia cars, but they obviously sell to somebody. Lots of car collectors out there who have money and want cars from their childhood. It seems to be more common the more new cars shift to mind numbing identical appliances with hefty price tags.