This 1974 [Volkswagen Thing](https://fridayswatchlist.com/search?make=Volkswagen&model=Thing) sold for $18,500, which is strong money in today’s market.

This car is a quirky piece of automotive history. Finished in a vibrant Pumpkin Orange, it stands out with a beige interior and 49,000 miles on the clock. The 1.6L air-cooled flat-four engine and four-speed manual transaxle make it a driver’s delight, appealing to those who appreciate a hands-on experience. Unique traits like a bull bar, auxiliary lights, and a luggage rack add to its charm and practicality. Plus, the convertible configuration means it’s ready for sunny weekend adventures.

However, the price of $18,500 is 16% above the fair value estimate of $16,000 for similar models. With 37 bids, it’s clear there was plenty of interest, but at this price point, buyers might be paying a premium. The concerns about cabin heater performance and paint quality raised in the comments suggest that potential buyers should approach with caution. Given the strong bidding, it’s evident that scarcity and desirability were driving factors, but this sale leans towards being overpriced compared to the fair market expectations.

Community reactions were mixed, with one user expressing, “Congrats on the sell! I was watching it, but it went a little past my price range.” This sentiment reflects the reality of the auction: while some were eager to bid, the final price pushed it out of reach for others. It’s a clear signal that while this Thing has a crowd, it also has a ceiling.

For buyers eyeing a similar vehicle, keep a close watch on overall condition and any restoration work. Check the paint and mechanical components thoroughly, especially the heater and any electrical features. This kind of classic often gets a lot of love, but that means potential hidden issues can be lurking beneath the surface. Always factor in those details when assessing value, especially in the vibrant world of VW auctions.