Barack Obama's Used 2005 Chrysler 300C Up On eBay | Ramblings of an e-trader

Friday 16 January 2009

Barack Obama's Used 2005 Chrysler 300C Up On eBay

I first read about the intention of the current owner of this 2005 Chrysler 300C that was once owned by Barack Obama that he intends to auction it off on eBay and yes, he finally did it an in conjunction with the inauguration of Barack Obama as the new President of the United States as well, where a million people are expected to attend, with or without tickets!

If I remember correctly, the current owner of Barack Obama's used 2005 Chrysler 300C is a restaurateur in the Detroit area and he only knew about the previous owner of the car when he already bought it. What luck!

By the way, Obama sold it off because this car is not environmentally friendly and he had to get rid of it in order to attack GM and Chrysler for the vehicles. Obama replaced this car with a hybrid.

Starting bid for the car is US$100,000 which the owner justified with the transacted prices of some other vehicles, namely Pope John Paul's Ford Escort which fetched almost US$700,000 and the BIN price has been set at a million dollars. Real market value for such a car, without taking into account its previous owner, is priced at about US$13,500.

When this auction first went live, bidding was hot and drove the price ridiculously over the top. eBay had to step in and reset the bid to zero to avoid any discrepancies.

eBay listing: HERE

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