Vuitton Vespa

Could that be? Yes, it's a Louis Vuitton Vespa, seen outside Bon Marché in Paris by Susan Hollands of IVY - via Nag on the Lake

Finally! We've found the two-wheeled cousin of the '89 Oldsmobile Cutlass Sierra Louis Vuitton Limite Edition by Steve LaNasa featured previously on Neatorama (Don't remember? This photo below will jog your memory)

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I have never understood why people would pay exhorbitant prices to buy really ugly things with someone else's initials. Can anyone explain this to me? Are snobbery and ostentation more important than good taste?
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