First Three Segways Sold For Over $100,000

from the some-people-have-too-much-money dept

I'm still somewhat surprised about this one. The famous "first three" Segways that were auctioned off on Amazon, all appear to have sold for over $100,000. How stupid does this seem? By the end of the year, apparently, you'll be able to buy one for $3,000. Already there are industrial Segways that are selling in the range of $10,000. You're still not allowed to use Segways in many states - and yet three people may be willing to pay over $100,000 for one. Doesn't seem all that rational. It will be unique and hold its value for a few months - at which point it will plummet. Doesn't seem like the wisest investment. Of course, some of the bids may turn out to be pranks - but at least one of the bidders has confirmed that he's for real.
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  1. identicon
    alternatives(), 29 Mar 2002 @ 5:31am

    $90k+ donation

    You seem to be forgetting this is a charity thing. A public oppertunity to show off that you have alot of money.

    If they couldn't write off most of the money, why would they pay $100+k for one of the Segways?

    link to this | view in thread ]

  2. identicon
    The Misanthrope, 29 Mar 2002 @ 6:42am

    Ride That Segway to the Nuthouse

    I've watched people spend $60,000 for a 1-carat D/Flawless [diamond], and $100 for a share of AMZN. All this proves is that 1) people are still stupid and 2) bad as the economy may be, there are still people with money to throw down the toilet.
    No one ever went broke underestimating the intelligence of the American people. --H. L. Mencken

    link to this | view in thread ]

  3. identicon
    bcd, 29 Mar 2002 @ 7:56am

    flawed, as usual

    Doesn't seem like the wisest investment.

    that's b/c it's not an investment, Mike.

    i guess you are one of those people who thinks buying a car or a house is an investment too, right?

    this is a purchase, maybe an attempt at giving to charity, but not a financial instrument.

    link to this | view in thread ]

  4. identicon
    msykes, 29 Mar 2002 @ 11:10pm

    Real World

    Oops... darn "Return submits form" function. Anyways, it was said best on Real World this Tuesday, on arriving to the lakehouse of "Mr. Ivy League".

    Quote: "These people have more money than is necessary."

    msykes

    link to this | view in thread ]

  5. identicon
    np, 30 Mar 2002 @ 6:10pm

    amazon segway auction

    these people probably wanted to support FIRST - plus get their name in the news for five seconds, and a handshake from Dean Kamen. Nevertheless, it's good publicity - we are really interested in the Ibot, and it's good if those prices will come down by the time the FBA approves those robots. http://www.neuroprosthesis.org/blogger.html

    link to this | view in thread ]


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