1993 Geo Metro sells for $7200 ....why?

[EJ25RUN]

http://cgi.ebay.com/ebaymotors/1993-...tem#ht_986wt_0



autoblog writes

We got a tip yesterday that Geo Metros were being auctioned on eBay Motors for prices above what the tiny cars cost new. This auction for a 1993 Geo Metro XFI with just 22,501 miles ended yesterday with a winning bid of $7,200! Why has the resale value of the Metro and other tiny econocrap cars gone through the roof? The simple answer: gas prices. Vehicles like the Metro, the Suzuki Swift on which it's based, Ford Aspire and Festiva, and Hyundai Excel were around before federal safety regulations and public pressure demanded that every car survive an impact from any angle with five stars. That kind of safety adds weight, and modern econocars are therefore much heavier and therefore less fuel efficient than they were in the early '90s.

The aforementioned Metro XFI is powered by an anemic 1.0L three-cylinder engine producing just 49 hp, but it returns between 55 and 60 mpg. Cars like this defined the phrase 'fuel-sipping' and made passing on the highway a strategic maneuver involving lots of planning. But the XFI is now apparently the holy grail for used car shoppers willing to sacrifice modern amenities and a bit of safety to save a buck on fuel. The trick is finding an example with low miles that hasn't rusted to pieces or been abused by an angry teenager who wanted a Mustang instead. If you do find one, you'll have what automakers are now just unable to offer: a cheap small car that doesn't use expensive technology to achieve incredible fuel economy. But you better willing to pay for it.

[MistaCee]

Rising gas prices... Plus the get better mpg's than the new fuel friendly cars that cost way more than that. I about to go out and buy some geo's to sell lol

[JITB]

My friend drives a 88 corolla fx, and people offer him to buy it all the time.....for gas reasons..

[GSRteg®]

Someone was stupid that is all!

[Sport1.3]

stupid ****ing ppl.

[Sport1.3]

my car gets 45mpg and makes 140hp.....I would sell it in a heart beat if someone offered me $7k for it lol

[MistaCee]

Trust me the way gas is going.. He'll save that money in fuel in a couple.

[OneSlow5pt0]

yea,gas is getting to me........i thinking bout trading my camaro =[

[quickdodge®]

Glad I got my 79 out of the shop. Later, QD.

[IndianStig]

imma take advantage of my lack of driving during college and snap up a v8 and laugh at the geo metro's on the road

[Kevykev]

Supply and Demand with a little bit of psychology thrown in caused that.

[jfman]

I used to own one and they are dangerously slow.

You bread down and need a new trans? No problem, just put the new one in your backpack, no joke,

[Got Milk?]

For money that they gave for that car, they could have been using that money for gas for next 2+ years.

[DieselNuts]

holly hell. did that car even cost that much new?

[Ran]

holly hell. did that car even cost that much new?

We got a tip yesterday that Geo Metros were being auctioned on eBay Motors for prices above what the tiny cars cost new.

VTEC not kicked in yet?

[DieselNuts]

VTEC not kicked in yet?

lol...oops. My VTAK never kicks in

[SampaGuy]

I wasn't expecting it to get to this point lol. I've been riding marta to get to school since i have class everyday now. Marta ticket $1.75 each way + free safe parking VS 15-mile drive each way (1gallon total for the miata) + $4 not-so-safe-for-a-convertible parking downtown.

[Kaiser]

The funny part is, that Metro gives gas mileage on par with a Prius, with about the same drivability, out of a smaller engine, for tons less. That hybrid systems crap weighs a ton...plus the giant battery...

[Elbow]

Yep, new business idea

[blackshine007]

The funny part is, that Metro gives gas mileage on par with a Prius, with about the same drivability, out of a smaller engine, for tons less. That hybrid systems crap weighs a ton...plus the giant battery...

The average owner gets around 41 mpg with a prius. The average 3 cylinder Metro owner gets 48 mpg average. You do the math. The prius IMO is basicly a waste. They claim 60 mpg hwy but no one has yet to hit that, let alone average it. The car is heavy, it's a rolling nuclear plant and the factory where it's batteries are made is a certified "No Fly Zone". It's roomy and cute though. I wouldn't see the justice in getting one, personally. Let alone any other new car.