• Jan 8th 2011 at 12:09PM
  • 28
Peugeot 504 – Click above for high-res image gallery

Iranian President Mahmoud Ahmadinejad recently put his 1977 Peugeot 504 on the auction block. The original price for a '77 504 was in the neighborhood of $9,000, and a used one like Ahmadinejad's could fetch $2,000 in its local market. The bidding just got a massive shot in the arm, however, because someone thinks the car is worth a million bucks.

The million-dollar bid came from an Arab country but further details have not been released. Proceeds from the sale of the 504 will be used to build a low-income housing project.

[Source: CNN]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
      • 4 Years Ago
      ...so he's a terrorist because he has a Middle-Eastern last name and it's not what he did or wants to do?
      • 4 Years Ago
      Who in his right mind would buy that slime ball's car? It should be destroyed, just like him.
      • 4 Years Ago
      $1 million propaganda/publicity stunt
      • 4 Years Ago
      Grow up. I don't condone what Ahmadinejad does, but you're just being immature.
      • 4 Years Ago
      Skinny tires and rear-wheel drive. That car would be an absolute blast to drive in the snow/wet. It's great to see money from an auction go to a charity. I currently have Obama's first Nintendo that I'm auctioning off for "The Human Fund." Bidding starts at $100,000.
      • 4 Years Ago
      "towel head lover?"

      clearly this gentleman's opinion is not tainted by bias of any kind!
      • 4 Years Ago
      "..towel head lover.."

      I bet you love saying the "N" word when you're drunk.
      • 4 Years Ago

      He's not exactly a "dictator" either, he's just a figure head, but he *is* part of an undemocratic, tyrannical regime. It's formally a theocracy, a state ruled by clergy!

      Where Ahmadinejad is the "president", Khamenei is the "Supreme Leader".

      The "Supreme" Leader is more powerful than the President of Iran, the Leader appoints the heads of many powerful posts - the commanders of the armed forces, the director of the national radio and television network, the heads of the major religious foundations, the prayer leaders in city mosques, and the members of national security councils dealing with defense and foreign affairs.
      He also appoints the chief judge, the chief prosecutor, special tribunals and, with the help of the chief judge, the 12 jurists of the Guardian Council – the powerful body that decides both what bills may become law and who may run for president or parliament.
      • 4 Years Ago
      "Proceeds from the sale of the 504 will be used to build a low-income housing project."

      Of course they would. What else would he possibly spend it on?
        • 4 Years Ago
        Ahmadinejad serves at the pleasure of the Ayatollah, not the people. Given that their elections are likely rigged, that he removed subsidies that caused the price of gas to triple and the cost of bread to quadruple over night, while passing out a pittance to the poorest and keeping the remainder for his own purposes, I'd say there's a chance some units will be built, but not $1M worth.
      • 4 Years Ago
      Actually, considering Iran supports Hezbollah fairly openly, and probably supports Hamas as well, he kind of is a terrorist.
      • 4 Years Ago
      @ CynicalEagle, considering the fact that the USA used to support Bin Laden, Sadam Hoessein and many other, your comment is rather ironic.
      • 4 Years Ago
      I love the 504. The Car of Choice in Africa
    • Load More Comments