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1977 Peugeot 504 - Click above for high-res image galleryThe auction on Iranian President Mahmoud Ahmadinejad's 1977 Peugeot 504 officially closed earlier this week with winning bid of $2.5 million. The funds are set to be used to build housing for low-income families. According to MSNBC, ...
Peugeot 504 – Click above for high-res image galleryIranian 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. ...
Peugeot 504 – Click above for high-res image galleryGiven the manner is which demonstrations are put down by the Islamic Republic, populism may not seem like a key element in Iran's political system. But in an effort to gain support from lower classes during his campaign, Iranian ...