Ahmadinejad's tired 1977 Peugeot 504 draws $1M bid

Started by cawimmer430, January 10, 2011, 06:55:52 AM

cawimmer430

The Peugeot 504 is a LEGEND. The continent of Africa , South America and parts of Asia love it for its build quality and reliability. SUCK ON THAT, CONSUMER REPORTS!!!


Report: Ahmadinejad's tired 1977 Peugeot 504 draws $1M bid



Iranian President Mahmoud Ahmadinejad recently put his 1977 Peugeot 504 on the auction block. The original price for a '77 504 was in the neighborhood of $9,000, and a used one like Ahmadinejad's could fetch $2,000 in its local market. The bidding just got a massive shot in the arm, however, because someone thinks the car is worth a million bucks.

The million-dollar bid came from an Arab country but further details have not been released. Proceeds from the sale of the 504 will be used to build a low-income housing project.


Link: http://www.autoblog.com/2011/01/08/report-ahmadinejads-tired-1977-peugeot-504-draws-1m-bid/
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Mustangfan2003

Would be funny if someone from Israel bought the car. 

WookieOnRitalin

Quote from: Mustangfan2003 on January 10, 2011, 09:16:24 AM
Would be funny if someone from Israel bought the car. 

If I was an Israeli and bought the car, I would have a video of myself taking a very large dump on that Peugeot before I set it on fire.
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omicron

I don't know - those 504s had a reputation for being fairly reliable and comfortable cross-country touring cars. $Texas could be a good buy.