Hey guys......can anyone here explain this........?

Free enterprise system coupled with high demand might be one explanation.  Seller cohorts "spiking"  widely could be another.  "Lunacy"  could be a third. 

Value or worth is difficult to determine when "humans"  are involved.  As I noted on the 1/43 Forum, as both a buyer and seller... I've seen it all.

I suspect this particular auction, however, is bogus. That is, "spiking" got out of hand or dishonest bidders are "playing games."   

I'd "save"  this auction, check again in a few days to see if it "re-lists" or is "no longer available."

On the other hand, should this auction be deemed legitimate....  Well then, "Glory to God in the highest! Joy to the world! Merry Christmas to me!"  I have thousands of models to sell TOMORROW! 😉 😉 

A quick check confirmed my suspicions.... this specific auction is completely bogus, for whatever the reason. Buyers with "0" feedback says it all. 

Here are the actual bids:

-By the way... the highest price ACTUALLY paid for this BOS 1985 Oldsmobile was $349.99

I will never enter a bidding war on eBay or other such sites.  Years ago, I had a late friend who, along with others took part in "bidding" on eBay items only to jack the prices up.  This was a regular practice for them.  Needless to say, he and I had a falling out over this slimy practice.  Sad that we have to deal with unethical scoundrels who only exist to boost their own greed.  I'd like to think there is a nice warm room in hell for them.