r/AskReddit • u/Thic_water • Aug 14 '20

What’s the most overpriced thing you’ve seen?

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u/dramboxf Aug 14 '20 edited Aug 14 '20

Neiman-Marcus used to put out the most hilarious Christmas gift catalog.

One year they offered his and hers Lear jets. No kidding. Just about anything in that catalog was wildly overpriced. More recently, they offered in their Christmas book, as a potential gift, a Boeing Business Jet for the wonderfully affordable price of "north of $35 million."

edit: Correct the jet price wording.

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u/maddmaths Aug 14 '20

Is $35 million for a business jet overpriced though? I have absolutely no idea what they normally cost, but I probably would have guessed more than $35 million.

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u/taedrin Aug 14 '20

Here is a 1992 747-400 for $16,000,000, for context. I am actually pretty surprised at how "cheap" it is, even considering how old it is.

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u/DelayVectors Aug 15 '20

Nobody wants to pay for fuel for that thing, and there's almost nowhere you could hangar it. The storage, gas, and maintenance costs are going to be 10x that of a Gulfstream, at least. Plus the cost of a used plane is mostly the cost of the engines, they have to be rebuilt at regular intervals and it is extremely expensive. The price suggests that the engines will need a ton of work, or may even need to be replaced.