Batmobile sells for $4.6 million
Holy transaction, Batman! The iconic car will now end up in one collector's. . . living room?
The famous car, which became practically its own character in the "Batman" television show starring Adam West and Burt Ward, was expected to sell for as much as $5 million. In the end, it went to a man named Rick Champagne, president of his own transportation and warehouse company, The Los Angeles Times reports.
The Batmobile, adapted from a Ford (F) Lincoln Futura concept car, has been on display at the North Hollywood shop where it was built since 1968, when the "Batman" television series ended, The Los Angeles Times reports. The car, with its bulletproof Plexiglas bubbles on top, played a big role in the series.
While there have been other Batmobiles built, the one that sold Saturday was the first. It was owned by George Barris, who also made the vehicles used in "The Munsters" and "Beverly Hillbillies." Barris said he customized the Lincoln into the Batmobile in 15 days at a $15,000 cost.
The Batmobile was part of a massive luxury car auction in which 1,340 vehicles were offered, and all but four were sold. The sales generated $223.8 million, including fees, Bloomberg reports.
Despite all of the hype, it wasn't the most expensive car at the auction. A metallic-blue 1958 Ferrari 250 GT LWB California Spider sold for $8.25 million, Bloomberg reports. Another Ferrari, a 1960 Berlinetta "Competizione," sold for $8.1 million.
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Hummm, seems to me if you eat it, and you think it is worth it, what is the problem. Ate real Kobe steak on a cruise ship at a premium rest. Very Very Good. If i get a 1.oo Hamburger that taste terrible I wont be back. Vote with dollars, never been to Red Robin, but if I do, and get this Burger, it better taste like 18.00.
Too many steak houses selling utility beef for more than this. (used to be called utility, now the Govmt lets them call it select? excuse me? select?
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[BRIEFING.COM] The major averages ended modestly lower with the S&P 500 shedding 0.3%.
The benchmark average saw an opening loss of 1.2% after Japan's Nikkei tumbled 7.3%. Japanese stocks sold off amid continued volatility in Japanese Government Bond futures as the 10-yr yield spiked almost 16 basis points to 1.002 before the Bank of Japan's JPY2 trillion liquidity injection caused yields to retrace their gains.
Adding insult to injury was news out of China where the HSBC ... More
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In the never-ending contest for sales, American carmakers are pulling ahead.