What's The Worst Financial Decision You've Ever Seen Made By A Car Enthusiast?

Illustration for article titled What's The Worst Financial Decision You've Ever Seen Made By A Car Enthusiast?
Photo: Mercedes Streeter

As car enthusiasts, we tend to spend a lot of money on cars and car related accessories. Sometimes we throw money at something we shouldn’t have. What’s the worst financial decision you’ve ever seen made by a car enthusiast?


Today’s QOTD is inspired by the same question asked by Claire xD on Twitter. The responses were absolutely hilarious and I bet you lovely readers have similarly great stories.

Admittedly, the worst financial decision I’ve ever seen was made by myself. Back in early 2018, I wanted to add a fourth Smart Fortwo to my fleet. I searched far and wide before landing on a gray market import 2005 Smart Fortwo Cabriolet. It had a concerning electrical issue and at $3,000, I felt the price was too high. But I’ve always wanted a convertible Smart and I was determined to buy a Smart right away, so off my $3,000 went.

Less than a week later, a Smart that’s a legend in the Smart community appeared for sale. This Toyota engine-swapped and supercharged Smart is the one famous for ripping wheelies while beating Mustangs.

It all could have been mine for only $4,500. I shouldn’t have been so impatient and waited only a few days longer. Every day I hope to find that car for sale again. As of the moment it is my dream car.

The Smart I bought? It spent most of its time sitting around being broken before I sold it.

My coworker Bradley Brownell had a concise answer to this same question: He spent $2,000 on air bags for his $2,000 Nissan Leaf.


What terrible financial decisions have you seen? Perhaps your own financial decisions were the absolute worst? Have cars put you into the poor house?

Staff Writer at Jalopnik and learning pilot. Loves all vehicles! Smart Fortwo (x4), Honda Beat, Suzuki Every, AmTran Bus, VW Jetta TDI (x2), Audi TT, Buell Lightning, Triumph Tiger, Genuine Stella...



What’s The Worst Financial Decision You’ve Ever Seen Made By A Car Enthusiast?

Being a car enthusiast IS the worst financial decision. I can’t help it though. I was born this way.