World’s oldest motor car sells for US$4.62-million

The world’s oldest running motor car, a historic 1884 De Dion Bouton et Trepardoux Dos-a-Dos Steam Runabout, has entered the history books, selling for an impressive US$4.62-million before a packed house at RM Auctions’ Hershey, Pennsylvania sale on October 7, 2011.

The impressive sale price more than doubled its original pre-sale estimate and represents a new world record for an early motor car sold at auction.

Commissioned by French entrepreneur, Count de Dion and named ‘La Marquise’ after his mother, the 127-year-old vehicle drew a standing ovation from the audience as it drove onto RM’s Hershey auction stage. Attracting a starting bid of $500,000 and immediately jumping to $1-million, bidding moved swiftly to applause from the crowd, with the gavel eventually falling at the extraordinary $4.2-million price.

The final sales price of $4.62-million includes 10 per cent buyers’ premium.

The new owner joins an elite list of just five collectors to have claimed ownership of La Marquise over its well-documented history. In addition to being the world’s oldest running motor car, La Marquise’s impressive provenance includes participation in the first automobile race in 1887, where it reached a top speed of 37 mph on the straights, along with a double award at the famed 1997 Pebble Beach Concours d’Elegance.

In addition, La Marquise has also successfully completed four London to Brighton runs in the UK.


Powered by WordPress. Designed by WooThemes