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Filed under: Time Warp , Auction Action , Green , Hatchbacks , Ford We got a tip yesterday that Geo Metros were being auctioned on eBay Motors for prices above what the tiny cars cost new. This auction for a 1993 Geo Metro XFI with just 22,501 miles ended yesterday with a winning bid of $7,200! Why has the resale value of the Metro and other tiny econocrap cars gone through the roof? The simple answer: gas prices. Vehicles like the Metro, the Suzuki Swift on which it's based, Ford Aspire and Festiva, and Hyundai Excel were around before federal safety regulations and public pressure demanded that every car survive an impact from any angle with five stars. That kind of safety adds weight, and modern econocars are therefore much heavier and therefore less fuel efficient than they were in the early '90s. The aforementioned Metro XFI is powered by an anemic 1.0L three-cylinder engine producing just 49 hp, but it returns between 55 and 60 mpg. Cars like this defined the phrase 'fuel...
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