Man Rejects $250,000 Offer For Antique Car on 'Buried Treasure' (VIDEO)
The Keno brothers wrapped the inaugural season of 'Buried Treasure' (Wed., 8PM ET on FOX) with a look at a rare classic car: A 1922 Mercer Raceabout. However, they were surprised by the reaction of the owner when he finds out how much someone would be willing to pay for it.Particularly, because the Kenos brought in an antique cars dealer and he was ready to make an offer right then and there. When Joe, the car's owner, balked at $220,000, the dealer raised it to a quarter of a million dollars.
"I really don't think that's what I want," Joe said, later adding, "Not for that price."
Now, the same type of car recently sold for $238,000, which means Joe was getting a great offer, but he was still convinced it was worth more, despite his having replaced parts on it, which actually decreased the value.
And with medical bills piling up, the Kenos were sure he would take the offer, and in fact should take the offer. And yet, Joe was adamant in keeping the car, refusing to sell. Hopefully, he can come up with another way to pay those bills.
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