This is very obviously a marketing ploy. There were a few legitimate buyers at the beginning, but the high dollar bids are not real.

Don

 

 

Insurance would cover you for what about 26k and the first accident you have there goes your 100k down the drain

 

Not unless you insure it on a classic car policy with an agreed value of whatever you want it to be.

 

I'm actually at a point where I'm considering switching from USAA to a specialty company. The car's value only keeps going up.

It's kinda funny in retrospect. When I bought the car I could not have anticipated any of this. I mean, I knew that I was buying a whole lot of motorspors' heritage and purest driving machine I'd experienced to date, but I had no clue as to the Evo's street cred, didn't know that it was featured as the winning car in video games, had no idea of its place as a cultural icon for a generation. Maybe two. Being aware of all this and having lived with the IX for 11 years, yes, all the hoopla kinda makes sense.

 

You don't necessarily have to switch to a specialty company (i.e. AMIG or Haggerty). Some companies have options where on personal auto policies you can put on a car and insure it as a classic car with an agreed value. I'm with Safeco, I know that they can do it but forgot what the parameters were for that classification to apply. I'll see if I can look it up, I probably have the marketing material somewhere in a box. (I work in insurance but am in the underwriting side now, so I'm not promoting anything I represent.)

 

I'll look into it. Thanks!

Did you guys see the $107,855.00 bid? Might be a real thing.

 

Now that I think about it, with Safeco, I think the car has to be a certain age before you can insure it as a classic car on their personal auto policy, so I'm not sure you could do that with the Evo yet.

 

No.

 

100k+ for a Mitsubishi or 100k+ for (insert luxury brand). Props for a very immaculate Evolution

 

Not sure if that bid is srs..

 

Safeco is a good starting point if you want to insure your Evo. I'm currently with them and would highly recommend you look into it. I have an amazing deal with them and for those who use it as a show car or something similar and keep miles really low, this is the way to go.

 

I never thought of the marketing ploy or angle for the dealership and that is brilliant. I also am an experienced eBayer and have been part of the "Non Paying Bidders" experience. The fact is the buyer can bid a trillion dollars and disappear into space never to be heard from and eBay won't do a damn thing. In fact when you have something like this and it's getting a lot of attention guess who else is winning? eBay!!! I would love to see this car sell for top collector dollar but know it will likely not sell and might just be a good marketing ploy as mentioned. In the mean time I've got my popcorn and will follow closely. I also don't think we will ever really know who buys the car because we will never see the new owner take possession.

 

It's easy to cancel your bid on your car. No problems there.
then you "second chance" the highest LEGITIMATE bid, if you decide to sell.
If not...free publicity!
Smart.