GM bus sells for $4 million @ auction
#1
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GM bus sells for $4 million @ auction
And you thought the GT500 was expensive
1950 GM bus sells for $4 million
Futuristic concept vehicle fetches record price at Arizona collectible car auction.
January 22, 2006: 11:51 AM EST
NEW YORK (CNNMoney.com) - A futuristic General Motors bus from 1950 sold for $4 million at a collectible car auction in Scottsdale, Ariz., Saturday.
The huge red-and-white GM Futurliner bus, which was created to be part of GM's travelling "Parade of Progress" car shows in the 1950s, is one of only three that still survive. A dozen were originally built.
The side of the bus opens to reveal a huge retractable stage. Its high jet-like cockpit is entered through a door in the front. The bus was one of five concept cars from the 1950s and 1960s that are being sold at the Barrett-Jackson collector car auction which ends Sunday.
Another concept car, the 1954 Pontiac Bonneville Special, sold for $2.8 million to the same buyer. That car has a bubble-topped cockpit and a fake jet exhaust in the back.
"To have both of these magnificent vehicles cross the block during the same event was a once-in-a-lifetime opportunity," said Barrett-Jackson Auction Company President and CEO Craig Jackson. "Now they will have the distinction of remaining together for years to come, just as they were intended."
After a miscommunication during the bidding process, the high bidder for the Futurliner bus deferred the sale to his opponent, who had purchased the Bonneville Special just minutes before, according to Barrett-Jackson.
The winning bidder, a private collector, was not available for comment.
At last year's Barrett-Jackson auction, a 1954 Oldsmobile concept car sold for $3.24 million. That was a record-high purchase price for the annual auction event at that time.
1954 Pontiac Bonneville Special
1950 GM bus sells for $4 million
Futuristic concept vehicle fetches record price at Arizona collectible car auction.
January 22, 2006: 11:51 AM EST
NEW YORK (CNNMoney.com) - A futuristic General Motors bus from 1950 sold for $4 million at a collectible car auction in Scottsdale, Ariz., Saturday.
The huge red-and-white GM Futurliner bus, which was created to be part of GM's travelling "Parade of Progress" car shows in the 1950s, is one of only three that still survive. A dozen were originally built.
The side of the bus opens to reveal a huge retractable stage. Its high jet-like cockpit is entered through a door in the front. The bus was one of five concept cars from the 1950s and 1960s that are being sold at the Barrett-Jackson collector car auction which ends Sunday.
Another concept car, the 1954 Pontiac Bonneville Special, sold for $2.8 million to the same buyer. That car has a bubble-topped cockpit and a fake jet exhaust in the back.
"To have both of these magnificent vehicles cross the block during the same event was a once-in-a-lifetime opportunity," said Barrett-Jackson Auction Company President and CEO Craig Jackson. "Now they will have the distinction of remaining together for years to come, just as they were intended."
After a miscommunication during the bidding process, the high bidder for the Futurliner bus deferred the sale to his opponent, who had purchased the Bonneville Special just minutes before, according to Barrett-Jackson.
The winning bidder, a private collector, was not available for comment.
At last year's Barrett-Jackson auction, a 1954 Oldsmobile concept car sold for $3.24 million. That was a record-high purchase price for the annual auction event at that time.
Last edited by johnsocal; 01-22-2006 at 02:41 PM.
#3
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Re: GM bus sells for $4 million @ auction
The Futureliner concept is pretty cool for what it is and is large enough to store a car in the center of it.
Notice on the side how it states Parade of Progress
If anyone can find more pics of it please post them.
Notice on the side how it states Parade of Progress
If anyone can find more pics of it please post them.
Last edited by johnsocal; 01-22-2006 at 12:19 PM.
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Re: GM bus sells for $4 million @ auction
The Futurliner sure captivates the 1950's hopeful view of the future and the red, white, and chrome is pure classic Americana.
more info and pics can be found @ www.futurliner.com
Even a 33 inch scale model of it sells for $1,845.00 - http://www.retro1-2-3.com/store/prod...tem=1&mitem=14
more info and pics can be found @ www.futurliner.com
Even a 33 inch scale model of it sells for $1,845.00 - http://www.retro1-2-3.com/store/prod...tem=1&mitem=14
Last edited by johnsocal; 01-22-2006 at 12:20 PM.
#8
Re: GM bus sells for $4 million @ auction
The Futureliner was completely cool. Inside that tent, and next to the crowd, it looked HUGE !!!!
I can't even imagine driving that thing, 10 feet+ above the ground.
Does the Ford/GM thing really have to enter into this thread??? Can't we all just enjoy some of these truly amazing cars/vehicles that have been sold............ even if some are at highly inflated prices???
I think the Futurelines was one of my favorites. That, and the Pontiac concept car (2.8M). That was one gorgeous car.
I can't even imagine driving that thing, 10 feet+ above the ground.
Does the Ford/GM thing really have to enter into this thread??? Can't we all just enjoy some of these truly amazing cars/vehicles that have been sold............ even if some are at highly inflated prices???
I think the Futurelines was one of my favorites. That, and the Pontiac concept car (2.8M). That was one gorgeous car.
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