WHY THO? REALLY?! A Vector W8 Sold For HOW Much?!

WHY THO? REALLY?! A Vector W8 Sold For HOW Much?!
Like probably all of you, I remember a couple vehicles that were intriguing to me as a youth. I didn't quite understand them but there was something uncharacteristically cool about them.

I guess one could say they had an "X" factor.

One such vehicle was the Vector M12. Only later on did I find out that there was an original, the W8. As I got older and learned more about them, the more turned off I became. Fast forward some years and over the past 12 months there's been a bubbling up of excitement for the ill-fated brand.

In fact, there's a lot of interest with the jet-set crowd that buys many expensive wares. It's become an unexpected collectible I guess. Or, it's just further proof that the collector car market is experiencing a bubble.

This past week, a Vector W8 sold at RM Sotheby's Arizona auction for a staggering $650,000. This amounts to around $700,000 when all is said and done.

So, aside from being a hit at one of the Radwood events, what am I missing about the W8? WHY is it worth a princely sum?

**SEE the Vector W8's auction listing here.



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CANADIANCOMMENTSCANADIANCOMMENTS - 1/18/2020 5:31:06 PM
+2 Boost
If an Integra R can go for $70k or something like that, then this too can be someone's halo car and being limited run, it can go pretty high if there is more than one interested party.


USNA1999USNA1999 - 1/18/2020 5:35:08 PM
+2 Boost
"Irrational Exuberance", too many auto auctions shows on tv, too many people spending too much money on cars that are not worth that kind of money and probably too many people that have no business purchasing them are doing it. Just like the old real estate market. The Goldilocks economy is causing all of this, wait until the economy readjusts and we will see which of these cars holds their value.


PUGPROUDPUGPROUD - 1/18/2020 5:54:53 PM
+1 Boost
When the bubble breaks there will be plenty of buyer remorse to go around.


MDarringerMDarringer - 1/19/2020 8:16:30 AM
0 Boost
Edward and I have off-loaded several of his more prized cars simply because the market is too high NOT to convert them to cash.




mre30mre30 - 1/19/2020 1:34:14 PM
+2 Boost
#Smart.

Market is WAAAYYYY overvalued. Blame 'cheap money' the same thing that is propping up our whole economy. Once rates start going up, EVERYTHING (real estate, cars, planes, securities bought on margin, boats) will be worth 20% less because people can't make the payments.

...and by 'payments' I refer to those in a macro sense - everything people have financed. Real estate is going to be worst-hit.

The Trump economy is built on deficit spending on plowing of liquidity into America. Nothing more nothing less. Tax cuts were enabled by the deficit.

Do yourself (the collective 'yourselves' and not MD in particular because he's obviously smart) a favor and ask yourself about the stuff you've financed..."can I make the payments if the interest rate is 6%???" If not, you should start to deleverage.

If oil prices go up, rates will be the net to follow.


Agent00RAgent00R - 1/19/2020 3:52:58 PM
0 Boost
Congrats, Matt!


Agent00RAgent00R - 1/19/2020 3:54:19 PM
0 Boost
Great commentary, @mre30, as always!


skytopskytop - 1/18/2020 8:03:26 PM
0 Boost
All these super low production high dollar sports cars have been cut off at the knees by the new C8 Corvette and the upcoming Z06 Corvette.


Agent00RAgent00R - 1/19/2020 3:54:41 PM
0 Boost
You and Agent 001 would get along quite alright...


MDarringerMDarringer - 1/19/2020 8:14:39 AM
0 Boost
People who salivate for a Vector have never seen one in person or ever ridden in/driven one. They are absolutely ghastly


Agent00RAgent00R - 1/19/2020 3:55:17 PM
0 Boost
The term I like to use is "galactic" as in it's a "galactic hunk of sh!t."


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