President Obama's Chrysler 300C on sale for $1 million
A 2005 Chrysler 300C that was once leased by President Barack Obama when he was a U.S. Senator is up for sale on eBay. And the "opening bid" (meaning the lowest the seller will take) for the four-door sedan is just that whopping sum.
CNN reports that Chicago-area resident Lisa Czibor, who describes her self as a "life-long Ronald Reagan old-school conservative" is selling the car. She did not disclose how she managed to acquire the car that currently has just 20,800 miles on it.
Despite her best efforts, experts don't believe Czibor will get any near the $1 million she seeks at auction. For example, the hearse that John F. Kennedy following his 1963 assassination recently sold for $160,000. And the Kelly Blue Book value for a comparable car is only around $15,000.
Craig Jackson, president of Barrett-Jackson auto auction company in Scottsdale, AZ tells CNN, "Maybe this car would be worth $50,000 to $100,000."