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Yup, the license plate is worth whatever someone will pay for it. After all, think about the aftermarket for the FR-Z. People will spend 10K or more on stuff for the car. The car works very well stock. So adding anything additional to the car is doing so for factors such as a very high rate of acceleration, sound, appearance or extreme braking and cornering ability. Except for motorcross or other direct activities that require such modifications, one can argue that there is no practical value to these additions to the car. Instead, the value is in the satisfaction of the individual consumer. Obviously that is very hard to price. That would be like trying to put a cash value on an extra five minutes of sex (Outside of Las Vegas).
If it is the genuine article, who am I to say that the item is overpriced at $50, $500 or $5,000 dollars? Since I don't desire one, it is overpriced at $10. To another guy $5,000 is okay. To say that it is "greedy" to price something at a particular price, when, or if, none other is available, is a misreading of markets. There is simply no basis for saying one price is "fair" and another is "greedy." If, on the other hand, an item is sold frequently, for example a bag of Gold Medal flour, we know what a "fair" price is because there is an established market and the item is sold millions of times per week. So someone that derives great personal satisfaction from having a carbon fiber hood. Who is to say that they wouldn't derive equal satisfaction from a $500 First 86 license plate frame? There is no greed here, only a price level that will satisfy a buyer and a seller. If you are personally outraged by the price, and it is not essential to your well being, you have the choice not to buy it. That's how our system works. Anything else is a directed or "command" economic system, and those systems invariably fail to work.
Last edited by FRiSson; 01-06-2013 at 04:10 PM.
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