[cstoner]

If you're buying a classic car with funds directly from your emergency fund, then more power to you I guess but maybe you should be less impulsive with money set aside for emergencies.

Personally, if I'm expecting to make a large cash purchase I have more than a few days notice.

[brycesbeard]

Many people plan poorly and have to sell collectibles quickly for immediate cash. I know people who buy and sell cars purchased from folks who need money quickly (matter of hours) and will get crazy deals simply because they have cash on hand on eg a Sunday evening.

[fuzzfactor]

That particular auction is coming up in a few days.

Much more within reach to bid on a regular used car at the common auctions that regular used car dealers buy from.

Or you could purchase more leisurely from the dealer on his terms.

Either way their offices will often display a tattered old sign: _Cash Talks and BS Walks_.