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Friday, October 14, 2011

Car Appreciates In Value

And it doesn't even have a music system: Oldest running car sells for $4.6M.
RM Auctions has sold the world's oldest running car for $4.62 million.
The 1884 De Dion Bouton et Trepardoux Dos-a-Dos Steam Runabout was auctioned off in Hershey, Pa. on (last) Friday.
According to a media release, the price more than doubled a pre-sale estimate and represents a new world record for an early motor car sold at auction. The figure includes the 10% buyers' premium.
The car was commissioned by French entrepreneur Count de Dion and named "La Marquise" after his mother.
dosados

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