All proceeds will be sent to the Fisher House Foundation, so at least it's $300K going to a good cause. Feel free to check out the live image gallery above, which includes shots showing Leno's skills helming the auction, and read through the official auction description below.
*UPDATE: Video of the auction and Leno's prods to the crowd for more money can now be seen below.
President Bush has used this stunning white F-150 at his Prairie Chapel Ranch in Crawford, TX since shortly after he left the White House in 2009. With a 5.4 Liter V8 engine commanding 310 horsepower, this impressive truck has a luxurious adobe King Ranch premium leather interior. President Bush and former First Lady Laura Bush have since used the truck to work around their ranch; entertain friends, family, and dignitaries and to give tours of their Crawford property. This is a unique opportunity to own a piece of presidential automotive history. Owned continuously by President bush since he ordered it new. The title is in the former President's name and will be transferred directly to the buyer. Additionally, the right airbag panel features President Bush's signature and a copy of a video showing him autographing the truck and driving it around his ranch in Crawford, TX will be included with the purchase. "I haven't driven on a street in many, many years, but I have been able to drive this truck on my ranch," said President Bush. "I want to thank all those who are supporting the Fisher House. In supporting the Fisher house, you're supporting our veterans. And in supporting our veterans, you're helping America." **ALL PROCEEDS TO BENEFIT THE FISHER HOUSE FOUNDATION** **WILL BE SOLD DIRECTLY FOLLOWING LOT 5052 ON SATURDAY, JANUARY 19, 2013**