After putting the car up for auction on Proxibid earlier this month, Warren Buffett’s 2006 Cadillac DTS has sold for $122,500. All proceeds from the sale will go to Girls Inc., a charity which advocates for, supports and educates girls around the world.
Buffett has owned the DTS since 2006, when he bought it new, and recently had the car replaced with a Cadillac XTS after General Motors’ CEO Mary Barra suggested he do so. Bidding for the car started at $10,000 on February 11 and closed this past Thursday. A DTS with 36,000 miles on the odometer that hadn’t been owned and signed by Buffett would fetch around $12,000.
The amount is more than Buffett got for his last car. In 2006, he auctioned off his Lincoln Town Car, which had a license plate that read ‘Thrifty’, for $76,000.
Comment
This made me think of a Seinfeld episode:
http://en.wikipedia.org/wiki/The_Mom_%26_Pop_Store