Paid Too Much: 1989 Alfa Romeo Spider Quadrifoglio

This Alfa Spider sported very few miles and was in showroom condition, but the model is neither rare nor exceedingly desirable. Its hammer price of $46,200 at Gooding & Company’s Arizona auction was much more than it cost new. We reckon the car was worth around $16,000, making this look to be a very poor purchase decision. We guess someone really needed to pay a world-record price for a 1989 Alfa Romeo Spider.

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TR8owner HalfDork
4/26/14 8:24 p.m.

Is the buyer an idiot?

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