If some stranger approached you in the street and offered to sell you a car for $100, and he had keys & what looked like a legit title, would you go for it? Clearly an awesome deal. He’ll even let you inspect the car and make sure that it has seats, a steering wheel and an engine. All you have to do is fork over $100.
Tongue in cheek here..
Depends upon the car, condition and title. Unfortunately I have an unfair advantage. I have worked on cars since I was a very young kid, doing repairs w/o supervision when I was 14.. (first one was a waterpump). I would be in the equivalent position of a coin collector on this one…[/quote]
You’re missing the point. One, you can’t test drive or even start the car (just like the coin buyer can’t do chemical analysis of the coin). Two, you can’t be sure that the seller is in position to sell you this car. Maybe he stole it and printed the title on a color printer. There are only two certainties:
– You’ll be separated with $100 of your money and you’ll never see those $100 again
– There is no such thing as a free lunch.