The 1956 Messerschmitt KR200 sold for $31,000, which is strong money for a microcar that has a fair value estimate of just $17,700.

This KR200 is a quirky slice of automotive history, well-known for its unique three-wheeled design and compact size. With a 191cc two-stroke single engine and a four-speed manual transmission, it’s not just about looks; driving it can be a fun experience. The low mileage of 12,000 miles shown—though noted as true mileage unknown—adds to its appeal. This model has been refurbished and features an eye-catching red and white finish, which likely helped attract bidders. The side-hinged hatch door and steering bar are classic traits that make this microcar even more distinctive.

Now, regarding the sale price: at $31,000, this KR200 sold for roughly 75% above its fair value estimate. The bidding war saw 27 bids, indicating a strong interest in this particular model, but that doesn't negate the fact that it was a hefty premium over the fair market price. While microcars like the KR200 can command high prices due to their rarity and collector interest, this sale seems to reflect a market correction that favors sellers who may not be fully aligned with current valuations.

Community feedback was mixed. One user noted, "It's a neat piece, but at $31,000, it feels like someone overpaid." This sentiment captures the general consensus that while the KR200 is a cool car, the sale price may not align with its fair market value.

For buyers hunting a similar car, keep an eye on documented mileage and the quality of any refurbishments. The KR200’s low mileage and fresh restoration certainly contributed to its appeal, but without verified mileage, it can be tricky to gauge how much should be paid. Always check for service records and any signs of wear or age, as these factors can significantly influence value in this niche market.

See all Messerschmitt Kabinenroller & FMR Tg500 listings on [Friday's Watchlist](https://fridayswatchlist.com/search?make=Messerschmitt&model=Kabinenroller%20&%20FMR%20Tg500).