Tuesday, October 11, 2011

Watch Video: The World's Oldest Running Car, Nicknamed "La Marquise", Gone Under the Hammer at RM Auction

The 1884-built four-wheeled De Dion-Bouton et Trepardoux, nicknamed "La Marquise," claimed to be the oldest running car had gone under the hammer on Friday at RM Auctions and amazingly it fetched whooping $4.6 million (including 10% commission of auction company).

La Marquise: The World's Oldest Running Car Sold for $4.6 Million at RM Auction
This 6-minute video, shared below, records the sale of the 1884 De Dion Bouton Trepardoux Dos-A-Dos Steam Runabout at the RM Auction at Hershey, Pennsylvania on October 7, 2011.

Reportedly, RM Auctions, had estimated that the car would sell for $2.2 million to $2.5 million but astonishing $4.6 million was the last bid by a buyer, whose name was not made public. 

It records the highest price ever paid for an early automobile at any auction. The same car had last been sold in 2007 for about $3.5 million at a Pebble Beach, Calif. auction.

Continue reading below .. before jumping to the video at the end.

According to RM Auctions; the steam-powered car was built in France about 127 years ago in 1884 and can attain a maximum speed of 38 mph after getting fuelled by coal, wood and bits of paper which takes about a half-hour to work up enough steam to drive.

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