A sports car once owned by Donald J. Trump has hit the auction block, with results that could reasonably be described as meh:
While Donald Trump seems to take a keen interest in the current state of the automotive industry, he doesn’t exactly come across as an car enthusiast. However, he is very rich and has had his share of obligatory Rolls, Benz, and Bentley-built vehicles over the years. And, like any exceptionally wealthy American male, he purchased a tomato red Ferrari, drove it infrequently, and then sold it off.
That car — a 2007 Ferrari F430 F1 Coupe — was auctioned by Sotheby’s over the weekend for a little less than one might expect. You would assume having the opportunity to say you owned “the president’s Ferrari” would add a substantial premium to the final sale price, but you’d be wrong.
For one thing, Trump disposed of the Ferrari several years ago, when he was just a guy with a fat wallet on TV. For another, there’s nothing particularly distinctive about it except for generic Ferraritude:
It may be a celebrity car, but it’s also a red Ferrari with a hardtop, tan interior, and semi-automatic gearbox. It doesn’t exude any of the man’s sensibilities or style and, with only 6,000 miles on the odometer, it probably wasn’t his favorite vehicle. Trump only put 2,400 of those miles on himself, before selling it in 2011 — and that extra degree of separation also didn’t do anything to help the final price.
Whereas another car once residing in Trump’s garage, a Lamborghini Diablo VT with all-wheel drive, brought in $460,000 on eBay last year, almost twice the final bid on this Ferrari. The Diablo, as it happens, is much rarer: maybe 400 were built. Ferrari recalled about 2000 F430s, a tiny fraction of overall production.