Car Auctions Aplenty: Obama, Shelby and Bugatti

January 16, 2009

Yesterday, we mentioned that the 1937 Bugatti 57S Atalante found in the UK a couple of weeks ago is now rolling toward the auction block, with its sights set on the  £6 million mark.  But the good news for auction hounds doesn't stop there!

Over in Scottsdale, Arizona, classic car buffs are getting amped for the annual Barrett-Jackson event. In addition to the dozens of autos up for bid, organizers are auctioning off three great cars for charity: the first retail 2010 Ford Shelby GT500,  the first retail 2010 Ford F-150 SVT Raptor, and a Ford Racing Mustang Cobra Jet. Proceeds go to the Juvenile Diabetes Research Foundation, and the auction will be shown live on Speed TV tomorrow night, Saturday, January 17, at 10pm (EST). No word on estimates, but last year, a one-off, glass-roofed Ford Shelby GT500KR went for $550,000, so you do the math. Don't forget to carry the one, and get out your checkbook.

Also on the block this week: president-elect Barack Obama's old 2005 Chrysler 300C, which is posted to eBay in a newly revised form--one that requires pre-approval for bidders, presumably in an attempt to avoid the jackassery that drove up the bidding to nearly $100 million. (I mean, he's a nice guy and all, but even in mint condition, the Blue Book value wouldn't be over $30,000.) The starting bid's $100,000--a real bargain compared to the Bugatti. The auction ends Tuesday (duh), so bid high and bid often.

--Richard Read

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