THURSDAY, FEBRUARY 23, 2012

President Obama’s Chrysler 300 on sale for 1 Million On EBay

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NEW YORK – A Chrysler 300C once leased by President Barack Obama is

for sale on eBay with the eye-popping “opening bid” of $1 million.  The open-

ing bid, which is dictated by the seller, means that bidding for the car must

start at that price.  The woman who posted the car on eBay Motors, Lisa

Czibor, said she has received some criticism for the high asking price but that

the current owner of the car fully expects to get that amount.  Czibor said in

a phone interview with CNNMoney that she is listing the car for someone else

but looks forward to getting a commission on the sale. She describes herself as

a “life-long Ronald Reagan old-school conservative.”  “It’s all about the money

for me,” she said.  She’s unlikely to get anything like a million dollars, said

Craig Jackson, president of the Barrett-Jackson auto auction company.”Maybe

this car would be worth $50,000 to $100,000.”  The hearse which carried the

body of John F. Kennedy following his 1963 assassination in Dallas recently

sold at a Barrett-Jackson auction for $160,000.  Jackson’s company has sold

several presidential cars and none have ever brought anything approaching

that kind of money, he said.  It might help if the car, itself, were innately rare

or valuable, but it’s not. The car is a stock late-model Chrysler very similar

to many thousands of others that are still on the road. With no presidential

connection, it would be worth about $20,000 as a used car.  Also, history has

yet to render a verdict on Obama’s presidency.  A presidential parade limou-

sine used by Franklin Roosevelt, a Cadillac V-16 convertible, was recently

auctioned off at an RM Auctions sale in Arizona for $270,000.  The eBay list-

ing provides a few examples of other cars that have sold for surprising amounts,

though. A Peugeot once owned by Iranian President Mahmoud Ahmadinejad

sold for £1.5 million pounds — roughly $2.4 million.  She also mentions a 1999

Volkswagen Golf once owned by Cardinal Joseph Ratzinger — now known as

Pope Benedict XVI — which sold for $244,000.  Czibor provided CNNMoney with

a scanned copy of an Illinois Certificate of Title showing Barack Obama as the

lessee. The car currently has 20,800 miles on it.  She would not say how the

car came into the current owner’s possession.  A spokesperson for the White

House did not immediately comment on the eBay listing.  Obama was a U.S.

Senator representing Illinois during the time he owned the car. After driving

the Chrysler sedan for over 19,000 miles Obama traded it for a 2007 Ford

Escape Hybrid in the summer of 2007 as he was beginning his presidential

campaign.  The Chrysler gets about 18 miles per gallon in combined city and

highway driving, according to EPA estimates, while the Escape Hybrid gets

about 30.

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