Why are used cars so overpriced?

im looking for a older car 80s-early 90s an it seems they are so far overpriced for what they are. Im seeing 80s crown Vics for 3k an up, a labaron station wagon for 5 grand. Do people actually get that kind of money for old cars or do they just set there for ever?. I figure if your going to spend 5 grand for a old... show more im looking for a older car 80s-early 90s an it seems they are so far overpriced for what they are. Im seeing 80s crown Vics for 3k an up, a labaron station wagon for 5 grand. Do people actually get that kind of money for old cars or do they just set there for ever?. I figure if your going to spend 5 grand for a old 80s station wagon why not spend a little more an get a 50s mercury, Oldsmobile etc. I see old 50s cars running for the 4500-8000 dollar range restored running
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