Barack Obama's 2005 Chrsyler 300C set to Fetch $100,000 on eBay

Barack Obama's old Chrysler 300C

A 2005 Chrysler 300C Hemi, driven by U.S. President-elect Barack Obama, is being auctioned off to the highest bidder. The sedan is in a featured listing on eBay with a starting price of $100,000.

Obama took out a lease on the car in 2004, before trading in the inefficient sedan for a Ford Escape hybrid in 2007. The swap took place just before the candidate's presidential campaign began. Tim O'Boyle, a west suburban resident in the Chicago area, purchased the vehicle from a dealership, not knowing about the previous owner.

As O'Boyle was driving off the lot, he recalled one dealership employee saying, "You better hold on to that thing." O'Boyle asked why, and the man said, "Because it used to belong to Obama."

O'Boyle, a supporter of the President-elect, listed the vehicle in December on eBay, but took the auction down for financial reasons. That auction reached up to $125,100, with a private bidder offering $150,000, according to O'Boyle.

A typical 2005 Chrysler 300C Hemi has a listed value of about $15,750, in top condition. Obama's 300C has just about five days left at auction.

Source: http://www.suntimes.com/news/politics/obama/1379869,CST-NWS-ocar15.article

Obama: America invented the automobile
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joelynn

he took the auction down for financial reasons and now its only worth $100,000? dumb... what kind of financial reasons could prevent him collecting his cheque for $150,000?

January 16, 2009 11:12 am

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BENZian

...he thinks he can get more money for the car...the starting bid is $100,000.00 it goes up from there...

January 16, 2009 11:42 am

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Pentium

I don't know why it worth 150,000$? Even if it was owned by Obama??

January 16, 2009 4:28 pm

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2 replies

chizz

Because soon enough Chrysler will be history.. :D

January 16, 2009 5:06 pm

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Motor_Yakuza

Well, idiots think that Obama is some kind of messiah or something, that explains the price.

January 18, 2009 2:07 pm

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adottkiddy

Actually, Chrysler has been saved by the Government. They got a loan along with GM.

January 16, 2009 6:19 pm

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Xanavi23

"Inefficient Sedan", WCF, no disrespect but what the hell is wrong with you? The cars capable of running at least high 13s in the quarter. It might be inefficient but its a very fast car, which a great chassis(E-class based) and a great engine. The man had great taste in cars.

January 18, 2009 1:07 am

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kosherdogs

The article is clearly making a direct comparison between the 17 mpg 300c Hemi, and the 34 mpg Ford Escape Hybrid. The 300c is clearly "inefficient", in any language, compared to the Escape Hybrid.

January 18, 2009 5:44 pm

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Xanavi23

Ya, but the escape hybrid is slow, the battery is very expensive and very bad for the enviroment when its time for disposal so whats your point ? the 300C has D.O.D that can shut down 4 cylinders which is virtually as economical.

January 18, 2009 6:09 pm

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