If you are just looking for a grill to cook on, you can save a little money, and just look for a black one. If you want one you can use, and will hold its value, you could buy this one and sell it for at least $60 at any time in the future. And, especially because it is a Mastertouch, with the lid therm and the lid Slide-A-Side. It sure is handy to have a safe place for the lid.
The red ones are rare, and sought after by collectors due to their rareness. Red is not made anymore, because apparently cadmium was used to create the red color in the porcelain enamel. And, being a heavy metal, toxic waste disposal was expensive, so Weber eliminated red as a color option in the late '90s.
As a collector, it took me almost two years to get a Red Performer. They sell immediately whenever they appear on CL, usually within less than an hour. The one I got, was listed on CL, and the buyer snagged it 30 minutes after being listed. He was the first one there with the cash. He bought it for his father-in-law, but the mother-in-law wanted a gas grill, so the red P must go. He put it here on TVWB, and I was then able to buy it from him. Thanks again, Mike!
