Price of Warren Buffett's old Cadillac hits $70,000 on auction's 1st day

[Omaha Steve]

http://www.omaha.com/money/buffett/price-of-warren-buffett-s-old-cadillac-hits-on-auction/article_ebb3b20e-b257-11e4-bc99-23107e2c08cc.html




PAIGE STARK/PROXIBID
Warren Buffett autographs the dashboard of his 2006 Cadillac DTS that’s being auctioned to benefit Girls Inc. He is offering to personally hand over the keys to the new owner.

POSTED: WEDNESDAY, FEBRUARY 11, 2015 7:39 PM

OMAHA (AP) — The bids on Warren Buffett's 2006 Cadillac reached $70,000 on the first day of a charity auction that will run into next Thursday.

The online auction of Buffett's old DTS sedan started Wednesday at www.proxibid.com/girlsinc.

The 2006 Cadillac has 20,310 miles on it, so Kelley Blue Book estimates that it's worth roughly $11,600. But Buffett's ownership and the fact that he signed the dashboard makes it worth more.

FULL story at link.

[Warpy]

1. Fools and their money are soon parted

This is a nine year old car. Sharpie on the dashboard doesn't change that. I can't believe people are so starved for conversation starters that they consider Buffett enough of a celebrity to overpay $60,000 for a used car.

Good scam, though.

[bullwinkle428]

4. I'm thinking of "Jon Voigt's LeBaron" from a "Seinfeld" episode!

[former9thward]

2. Hope he left a stock tip in the glove box.

[hunter]

3. Not any different than the "gifts" public television sometimes offers.

If one was motivated to donate money to Girls Inc. this is something that might compel a person to donate a little more.

http://www.girlsinc.org

The person buying it will certainly know the score, tax-wise, and investment wise.

And if some clueless moron with too much money buys the car just to sniff the seats, so what? Girls Inc. still gets the money.

[catnhatnh]

5. I thought you said JIMMY Buffett

Nevermind...

[Agony]

6. he can use his big charity drive to fix up one of his tank cars

http://daily.sightline.org/2014/03/04/the-man-behind-the-exploding-trains/